Entrepreneurs in the SME (Small and Medium Enterprises) sector in the state have sought a hike in investment subsidy from Rs 10 lakh at present to Rs 15 lakh and also the increase in subsidy cap from Rs 8 lakh to Rs 15 lakh.

SMEs demand hike in investment subsidy

Business Standard

Hundreds of small and medium enterprises (SMEs) in and around Uttar Pradesh&rsquo;s commercial capital are set to expand their reach into markets of more than 48 countries all over the world. The National Small Industries Corporation (NSIC) has begun a business portal to facilitate the expansion of hitherto nondescript SMEs spread across the state.

NSIC launches B2B site for SMEs

An increased focus of network security companies in Gujarat towards small and medium enterprises (SMEs) seems to be a tell-tale sign of things to come in near future. From stray purchases of network security products, SMEs in Gujarat now seem to be moving towards bundled products and unified threat management (UTM) products.

Guj SMEs catch bundled network security bug

The working group set up to review the Credit Guarantee Scheme of the Credit Guarantee Fund Trust has recommended the mandatory doubling of the limit for collateral-free loans to micro and small enterprises (MSEs) to Rs 10 lakh from the current Rs 5 lakh.

Collateral-free loan limit may double

Punjab&rsquo;s hand tool manufacturers, most of them located in Jalandhar and Ludhiana, expect the next fiscal year to be better for the industry.

Punjab hand tool makers expect higher exports

The Union environment ministry&rsquo;s notification requiring importers of brass scrap to register has not gone down well with brass traders and manufacturers.

Jamnagar brass units seek government support

The corrugated paper box industry&rsquo;s major raw material, Kraft paper, has been recently subjected to multiple and unprecedented price increases. This is likely to result in the eastern region paper mills increasing prices of finished goods.

Corrugated box makers face margin pressure

Acute power shortage in Andhra Pradesh is expected to severely impact the small and medium enterprises (SME) sector.

Power shortage hits SMEs in Andhra

We have an order for export to Iran. We are informed that we might have a problem in getting the payment because of political reasons.

'Payments from Iran can be settled through ACU'

Four years ago S Murugan was a mechanic and part-time driver who worked on the outskirts of Chennai. Today, he is a successful entrepreneur in the tiny town of Chengalpattu, owning two trucks that cater to the needs of his former employer as well as others.

'Lending to credit-starved small truck owners is viable'

The Orissa government has urged the Centre to set up a national-level Entrepreneurship Development Institute in the state.

Orissa seeks nat'l institute for MSMEs

Merger and acquisition (M&amp;A) activity involving Indian small and medium enterprises (SMEs) are on the rise.

M&As up by 66 % in Jan-Feb

Jhanavi Honap had an idea that she wanted to convert into a business. What she lacked was expertise and some experience to bank on to run her own start-up. That&rsquo;s when she took help from Pune Open Coffee Club. Today she is one of the many successful entrepreneurs in the city.

This coffee club has start-ups on its menu

The Uttarakhand government plans to convert 10 acres of land belonging to the Bhowali sanatorium, nestled in Nainital district&rsquo;s kumaon hills, into an ayush gram.

Uttarakhand proposes ayush grams

Hewlett-Packard (HP), one of the largest information technology (IT) companies in India, believes that the low information technology penetration in small and medium enterprises (SMEs) across India offers huge untapped potential for IT companies.

HP targets small units to drive growth

Industry experts attribute the drop to the slowdown.

Private Equity investments in SMEs down 68% in 2009

Small and medium enterprises (SMEs) have limited access to institutional finance, with financial institutions considering them a relatively risky proposition. Many are, therefore, unable to scale up and reap the benefits of size. CRISIL has been in the business of rating SMEs since 2005, in a bid to help them gain greater access to bank loans and instil a sense of financial discipline in them.

'Smaller enterprises can use ratings as a brand-building tool'

Contribute a daily trading turnover of around 10 per cent.

SMEs listed on BSE see 11% fall in five years

In order to sell technology to small and medium businesses (SMBs), Tata Consultancy Services has decided to make technology more affordable, relevant and easy for them. After meeting representatives of almost 250 SMBs across the country, the company&rsquo;s SMB Global Head, V Ramaswamy, found that SMBs lacked simplified technology. He speaks to Pravda Godbole about SMBs&rsquo; need for simplified technology. Edited excerpts.

'Only 10 per cent of SMBs exploit the power of IT'

Artisans who make toys with white sanders wood (a type of soft wood) at Kondapalli, a village about 25 km from Vijayawada in Andhra Pradesh, are now looking to tap the business opportunity in interior designing.

Kondapalli artisans eye the big league

After contaminating the search results on major search engines such as Google and Bing, search engine optimisation (SEO) poisoning is set to pose a threat to small and medium enterprises (SMEs).

Search engine poisoning poses threat to smaller units

SME: Find all the latest news on Small and Medium-Sized Enterprises in India. Explore more for the top headlines about SME sector on Business Standard.

Page 86 - SME