SME Newsletter 31 August, 2010</h1> <article> <h1>SME Newsletter 31 August, 2010</h1> <p>nitin — Tue, 31 Aug 2010 06:15:41 +0000</p> <p><u><strong><a href="http://news.franchiseindia.com/franchise/SME-awards-announced-2438/"><strong>SME</strong> awards announced </a></strong></u></p> <p>Both the companies jointly recognised and felicitated innovators and achievers contributing the growth of SME industry across India <strong>…</strong></p> <p>Source: Franchiseindia.com </p> <p><u><strong><a href="http://expressbuzz.com/finance/idbi-bank-gets-award-in-%E2%80%98sme-financing/202293.html">IDBI Bank gets award in ‘<strong>SME</strong> financing’ </a></strong></u></p> <p><strong>…</strong> fourth edition of D&B India’s study on India’s Top Banks 2010. Speaking on the occasion, TR Bajalia, Executive Director & Head-SME Group at IDBI Bank, <strong>…</strong></p> <p>Source: Express Buzz </p> <p><u><strong><a href="http://news.indiamart.com/story/franchise-india-talks-banks-finance-smes-83642.html">Franchise <strong>India</strong> in talks with banks to finance <strong>SMEs</strong> </a></strong></u></p> <p>Franchise India in talks with banks to finance SMEs</p> <p>Source: indiamart</p> <p><u><strong><a href="http://www.indiainfoline.com/Markets/News/Neeta-Lulla-wins-Woman-Entrepreneur-of-the-Year-Award/4918532542">Neeta Lulla wins Woman Entrepreneur of the Year Award </a></strong></u></p> <p>Neeta Lulla was presented with SME Entrepreneur of the year award at Franchise India Small Business Awards 2010 on 28th August, 2010 at the Novotel. <strong>…</strong></p> <p>Source: India Infoline </p> </article> <article> <h1>SME Newsletter 30 August, 2010</h1> <p>nitin — Mon, 30 Aug 2010 06:23:27 +0000</p> <p><u><strong><a href="http://www.prlog.org/10890326-indiamart-leaders-of-tomorrow-awards-2010-on-roll.html">IndiaMART Leaders of Tomorrow Awards 2010 on a Roll</a></strong></u></p> <p>Exclusively designed for Indian MSMEs, this platform will provide them with appreciation for their hard-work, determination and vision to succeed …</p> <p>Source: prlog. org</p> <p><u><strong><a href="http://www.afaqs.com/news/story.html?sid=28097_Ernst+&+Young+and+Franchise+India+launch+report+on+small+and+medium+businesses">New study reveals ‘Top 100 Cities for Doing Small Business in India’ </a></strong></u></p> <p>Ernst & Young (E&Y) and Franchise India, the franchise retail and licensing solution company, have released a report on small and medium enterprises (SMEs) <strong>…</strong></p> <p>Source: afaqs</p> <p><u><strong><a href="http://economictimes.indiatimes.com/news/news-by-industry/banking/finance/banking/IDBI-best-public-sector-bank-for-SME-financing-DB/articleshow/6445449.cms">IDBI best public sector bank for SME financing: D&B</a></strong></u></p> <p>IDBI Bank has received the best public sector bank award for financing small and medium enterprises – from global business information provider Dun and Bradstreet -.’IDBI Bank has developed a special business model to <strong>…</strong></p> <p>Source: economic times</p> <p><u><strong><a href="http://news.franchiseindia.com/franchise/Small-Business-Congress-2010-begins-2430/"><strong>Small Business</strong> Congress 2010 begins </a></strong></u></p> <p>In an endeavour to help SMEs reduce their IT costs by adopting the latest information and communication technologies, Dell India in collaboration with Manufacturers’ Association for Information Technology (MAIT) is scheduled to organise <strong>…</strong></p> <p>Source: Franchise India </p> </article> <article> <h1>SME Newsletter 27 August, 2010</h1> <p>nitin — Fri, 27 Aug 2010 06:13:52 +0000</p> <p><span style="text-decoration: underline;"><strong><a href="http://www.business-standard.com/india/storypage.php?autono=405951"><strong>Indian</strong> Bank eyes 35% growth in SME lending </a></strong></span></p> <p>City-based Indian Bank has said it expects around 30-35 per cent growth in lending to small and medium enterprises (SMEs) during the current year <strong>…</strong></p> <p>Source: Business Standard</p> <p><span style="text-decoration: underline;"><strong><a href="http://www.orissadiary.com/ShowBussinessNews.asp?id=20813">Govt, industry should create joint mechanism for outreach programmes </a></strong></span></p> <p><strong>…</strong> medium enterprises (MSMEs) to benefit from the outreach programmes. Stating this at an interactive session organised by Confederation of Indian Industry <strong>…</strong></p> <p>Source: Orissadiary. com</p> <p><span style="text-decoration: underline;"><strong><a href="http://www.business-standard.com/india/storypage.php?autono=405989">Maira to meet IBA today on credit availability to <strong>MSMEs</strong> </a></strong></span></p> <p>In June, the Reserve Bank of India released a circular asking banks to achieve 20 per cent year-on-year growth in credit to MSMEs <strong>…</strong></p> <p>Source: Business Standard</p> <p><span style="text-decoration: underline;"><strong><a href="http://www.enterpriseheat.com/2010/08/25/pan-india-seminar-and-expo-to-promote-it-adoption-among-smes-2/">Pan-<strong>India</strong> seminar and expo to promote IT adoption among <strong>SMEs</strong> <strong>…</strong> </a></strong></span></p> <p>In an endeavour to help SMEs reduce their IT costs by adopting the latest information and communication technologies, Dell India in collaboration with Manufacturers’ Association for Information Technology (MAIT) is scheduled to organise <strong>…</strong></p> <p>Source: enterpriseheat. com</p> <p><span style="text-decoration: underline;"><strong><a href="http://www.worldpressrelease.org/?p=21484">Indian Manufacturers show signs of growth </a></strong></span></p> <p>India’s SMEs who are limping behind the leaders in their respective fields required a strong foundation for their functional process. Till recently an ERP solution was a distant dream for many of them. But with the introduction of <strong>…</strong></p> <p>Source: eresource</p> <p><span style="text-decoration: underline;"><strong><a href="http://www.financialexpress.com/news/-Maha--Gujarat-most-supportive-to-SMEs-/672796/">Maha, Gujarat most supportive to <strong>SMEs</strong></a></strong></span></p> <p>Gaurav Marya, president, Franchise India said, “SMEs are the backbone of the developing nations and contribute about 8-9% of India’s GDP by providing <strong>…</strong></p> <p>Source: Financial Express</p> <p><span style="text-decoration: underline;"><strong><a href="http://timesofindia.indiatimes.com/business/india-business/Ahmedabad-ranks-1st-amongst-top-100-cities-for-small-business/articleshow/6440350.cms">Ahmedabad the best for <strong>small business</strong> </a></strong></span></p> <p><strong>…</strong> by consultancies Ernst & Young and Franchise India says. The capital of Gujarat has emerged as the best among 100 Indian cities to do small busines<strong>s</strong> in <strong>…</strong></p> <p>Source: timesofindia</p> </article> <article> <h1>SME Newsletter 26 August, 2010</h1> <p>nitin — Thu, 26 Aug 2010 06:30:13 +0000</p> <p><u><strong><a href="http://www.indiacompanynews.com/post/view/1456/Pan-India-seminar-and-expo-to-promote-IT-adoption-among-SMEs/">Pan<strong>India</strong> seminar and expo to promote IT adoption among <strong>SMEs</strong> </a></strong></u></p> <p>Dell India and Manufacturers’ Association for Information Technology are scheduled to organise apan-<strong>India</strong> seminar and expo to promote technology adoption <strong>…</strong></p> <p>Source: indiacompanynews</p> <p><u><strong><a href="http://trak.in/tags/business/2010/08/25/entrepreneur-call-center-udyami-helpline/">A call center for Entrepreneurs – Udyami Helpline </a></strong></u></p> <p>The ministry of Micro, Small and Medium Enterprises (MSME) has modeled the <strong>…</strong> 0 Cores (Indiancurrency). I will set up the plant as early as possible …</p> <p>Source: trak. in</p> <p><u><strong><a href="http://www.business-standard.com/india/news/zensar-develops-erp-solution-for-smes/405788/">Zensar develops ERP solution for SMEs </a></strong></u></p> <p><strong>…</strong> to bring an architecture with in-built capabilities and low pricing dynamics making it a best fit solution for the manufacturing SME clusters in India <strong>…</strong></p> <p>Source: Business Standard </p> <p><u><strong><a href="http://www.business-standard.com/india/news/mfgcom-unveils-cost-effective-model-for-sme-units-in-manufacturing/405787/">MFG.com unveils cost-effective model for <strong>SME</strong> units in manufacturing </a></strong></u></p> <p>MFG.com already has a sizeable customer base in India with around 40000 customers who have registered for free membership accounts, with the maximum coming <strong>…</strong></p> <p>Source: Business Standard </p> <p><u><strong><a href="http://smetimes.tradeindia.com/smetimes/news/industry/2010/Aug/26/series-of-seminar-expo-on-technology-updates-for-smes61913.html">Series of seminar, expo on technology updates for SMEs</a></strong></u></p> <p>In order to enable Indian Small and Medium Enterprises (SMEs) to perform and to grow by latest and cost effective ICT Technologies, Dell India is organizing <strong>…</strong></p> <p>Source: SME Times </p> </article> <article> <h1>SME Newsletter 25 August, 2010</h1> <p>nitin — Wed, 25 Aug 2010 05:36:05 +0000</p> <blockquote><p><u><strong><a href="http://www.bankbazaar.com/guide/sbi-becomes-venture-capitalist-offers-s-10-lakhs-interest-free-capital/22827/">SBI becomes venture capitalist; offers s 10 lakhs interest free capital </a></strong></u></p> <p>BS Bhasin, chief GM, SME of the bank said, “Given the economic downturn, some entrepreneurs have not been unable to raise any capital <strong>…</strong></p> <p>Source: Bank Bazaar </p> <p><u><strong><a href="http://www.indiaprline.com/2010/08/24/expanza-access-launches-sme-helpline-service-website/">Expanza Access launches <strong>SME</strong> Helpline Service website </a></strong></u></p> <p>Expanza Access launches SME Helpline Service Company launches an interactive website that will create an expert platform to resolve queries of SMEs <strong>…</strong></p> <p>Source: indiaprline. com</p> <p><u><strong><a href="http://tracy.bestestzone.com/2010/08/23/india-sme-conclave-held-at-iim-lucknow/"><strong>India SME</strong> Conclave held at IIM Lucknow</a></strong></u></p> <p>Indian Institute of Management Lucknow (IIML) recently conducted the ‘India SME MBT Shoes Conclave’ in association with the Indian Industries Association (IIA) and Ministry of MSMEs to discuss low-cost financing options for SMEs in <strong>…</strong></p> <p>Source: tracy.bestestzone. com</p> <p><u><strong><a href="http://www.businessworld.in/bw/2010_08_23_IPFC_To_Jump_Start_IP_Filing_By_MSMEs.html">IPFC To Jump Start IP Filing By <strong>MSMEs</strong> </a></strong></u></p> <p>Statistically, the Indian MSME sector contributes about 45 per cent of the manufacturing output and about 40 per cent of the total export of the country <strong>…</strong></p> <p>Source: Businessworld</p> <p><u><a><strong>FDI in multi-brand retail likely to impact small retailers MSMEs</strong></a> </u></p> <p>In its research report submitted to the Department of Industrial Promotion and Policy[DIPP], Government of India, BIMTECH strongly recommended a <strong>…</strong></p> <p>Source: SME Times </p> </blockquote> </article> <article> <h1>SME Newsletter 24 August, 2010</h1> <p>nitin — Tue, 24 Aug 2010 06:48:58 +0000</p> <blockquote><p><u><strong><a href="http://jijomurali.blogspot.com/2010/08/press-release-expanza-access-launches.html">Expanza Access launches <strong>SME</strong> <strong>…</strong> </a></strong></u></p> <p>Expanza Access Ltd, India’s only SME specific consultancy, which monitors the economic scenario and offers holistic solutions to SMEs; today announced the launch www .smeexpert .in , an interactive website that <strong>…</strong></p> <p>Source: jijomurali. blogspot. com</p> <p><u><strong><a href="http://onlyhardwareblog.com/2010/08/dell-india-partners-with-mait/">Dell <strong>India</strong> partners with MAIT </a></strong></u></p> <p>Seminar & Expo on “Technology Updates for SMEs – enabling performance and growth by latest and cost effective ICT Technologies This is being done with the support of Ministry of Small and Medium Enterprises (MSME), Govt. of India. <strong>…</strong></p> <p>Source: onlyhardwareblog. com</p> <p><u><strong><a href="http://www.business-standard.com/india/storypage.php?autono=405500">Deutsche Bank targets 30% growth in <strong>India</strong> </a></strong></u></p> <p>The bank, which mainly focuses on deposits and mortgage lending currently, said it will look at small and medium enterprises (SMEs) and personal banking in <strong>…</strong></p> <p>Source: Business Standard </p> <p><u><strong><a href="http://www.cii.in/EventsDetails.aspx?enc=eo18/j+aJMWXCXiMZZAdo3Um61Ln80Ha5gIBgXB7J0rSxa9Jpcgz03dp39WixBoDAFcFywndClpBBGb/yKQ4w+8tJqc4b82ET/gu7wpf7huQFUXkmH5X4rYh/DIaP3axfRO6XTLhMbENhlwnWEID9N7X8Ue6O8hz2p1bZJETIX4=">Strategic Cost Management for <strong>SMEs</strong> Jaipur Rajasthan <strong>India</strong> – CII </a></strong></u></p> <p>Strategic Cost Management for SMEs. Jaipur Rajasthan India<strong>…</strong></p> <p>Source: cii</p> </blockquote> </article> <article> <h1>SME Newsletter 23 August, 2010</h1> <p>nitin — Mon, 23 Aug 2010 11:07:01 +0000</p> <p><u><strong><a href="http://www.business-standard.com/india/news/manmohan-singh-inaugurates-call-centre-/udyami-helpline//106031/on">Manmohan Singh inaugurates call centre ‘Udyami Helpline’ </a></strong></u></p> <p>The Ministry of Micro, Small and Medium Enterprises (MSMEs) call centre will satisfy the need of a single point facility providing a wide range of <strong>…</strong></p> <p>Source: Business Standard </p> <p><u><strong><a href="http://www.prurgent.com/2010-08-20/pressrelease114232.htm">Franchise India to host 31st edition of India’s biggest multi-city expo…</a></strong></u></p> <p>The conference would cover a variety of topics including small business set-up, operations, marketing, finance and technology, covering the issues of <strong>…</strong></p> <p>Source: PR Urgent </p> <p><u><strong><a href="http://www.booshnews.com/2010/08/20/will-saas-erps-succeed-in-penetrating-the-sme-market/">IT, Hi-Tech, Science, Medicine and Architecture News » Will SaaS …</a></strong></u></p> <p>The point is will such offerings make the SMEs adopt ERP software. I believe the major reason whySMEs have not been able to grow, especially in India, is the lack of awareness of how technology can help them scale and become leaner. <strong>…</strong></p> <p>Source: booshnews</p> <p><u><strong><a href="http://www.workoninternet.com/business/business-opportunities/work-from-home/58043-business-plan.html">Enterprise Resource Planning in Manufacturing Industry in India</a></strong></u></p> <p>Enterprise Resource Planning (ERP) solution can significantly improve the productivity of the manufacturing <strong>…</strong></p> <p>Source: workoninternet .com</p> <p><u><strong><a href="http://www.indiacompanynews.com/post/view/1369/India-proposes-more-investment-in-Bangladesh--SMEs-to-gain/">India proposes more investment in Bangladesh SMEs to gain …</a></strong></u></p> <p>India’s willingness to invest in her neighbouring country Bangladesh is expected to open a floodgate of opportunities for the country’s SMEs to expand in <strong>…</strong></p> <p>Source: indiacompanynews</p> <p><u><strong><a href="http://www.businessworld.in/bw/2010_08_21_Sustaining_Innovation.html">Sustaining Innovation</a></strong></u></p> <p>The event was done in association with SME Chamber of India, while Bloomberg UTV was the television partner. (This story was published in Businessworld <strong>…</strong></p> <p>Source: businessworld</p> <p><u><strong><a href="http://www.pr.com/press-release/257095">IndiaMART.com to Attend The Big 5 </a></strong></u></p> <p>With the aim to facilitate B2B matchmaking for Indian Small and Medium Enterprises (SMEs), IndiaMART.com, India’s largest online B2B marketplace, <strong>…</strong></p> <p>Source: PR .com </p> </article> <article> <h1>SME Newsletter 20 August, 2010</h1> <p>nitin — Fri, 20 Aug 2010 07:38:34 +0000</p> <p><u><strong><a href="http://economictimes.indiatimes.com/news/politics/nation/FDI-in-multi-brand-retail-Commerce-ministry-panel-to-study-possibility/articleshow/6364122.cms">FDI in multi-brand retail: Commerce ministry panel to study …</a></strong></u></p> <p>There are nearly 10 crore enterprises (SME and trades) in India and it is believed <strong>…</strong> MNCs, with their predatory pricing policies and large cash reserves, <strong>…</strong></p> <p>Source: Economic Times </p> <p><u><strong><a href="http://easterbunnysearch.com/indian-smes-to-benefit-from-hp%3Fs-colour-cheap-calendar-printing-solutions.html">Indian SMEs to benefit from HP’s colour cheap calendar printing …</a></strong></u></p> <p>In a bid to make SMEs in India aware of the benefits of in-office cheap calendar printing (especially colour cheap calendar printing solutions), Hewlett-Packard. </p> <p>Source: easterbunnysearch. com</p> <p><u><strong><a href="http://news.franchiseindia.com/smallbusiness/SBI-Capital-to-pump-in-Rs-100-crore-in-SME-launches-a-SME-fund-2341/">SBI Capital to pump in Rs 100 crore in SME, launches a SME fund …</a></strong></u></p> <p>With an aim to bring in more capital and attract more private equity investment in the small and medium enterprises (SME), SBI Capital Markets Ltd, <strong>…</strong></p> <p>Source: Franchiseindia</p> <p><u><strong><a href="http://www.pharmabiz.com/article/detnews.asp?articleid=56981§ionid=">FICCI launches IPR Facilitation Centre in Delhi to assist MSMEs</a></strong></u></p> <p>The launch of the facilitation centre is significant as the contribution of MSMEs to India’s economic growth and development is tremendous. <strong>…</strong></p> <p>Source: Pharmabiz. com</p> <p><u><strong><a href="http://news.indiamart.com/story/falling-exports-smes-now-turn-domestic-markets-75086.html">With falling exports, <strong>SMEs</strong> now turn to domestic markets </a></strong></u></p> <p>The small and medium enterprises(SMEs) in India are now considering to explore the potential of the domestic market as the global economic <strong>…</strong></p> <p>Source: Indiamart</p> </article> <article> <h1>SME Newsletter 19 August, 2010</h1> <p>nitin — Thu, 19 Aug 2010 05:03:51 +0000</p> <p><u><strong><a href="http://www.indiacompanynews.com/post/view/1226/Agri-portal-to-help-Indian-farmers--SMEs/">Agriportal to help Indian farmers SMEs</a></strong></u></p> <p>Tags Union minister for food processing industries Subodh Kant Sahai eportal eFresh India farmers SME<strong> </strong>based agri suppliers exporters agricultural <strong>…</strong></p> <p>Source: indiacompanynews</p> <p><u><strong><a href="http://www.forum4finance.com/2010/08/18/govt-may-allow-100-fdi-in-asset-reconstruction-companies/">Govt may allow 100% FDI in Asset Reconstruction Companies</a></strong></u></p> <p>Funds with a long-term horizon are also reluctant because with the small chunk that they buy profits are not large,” said P Rudran, MD & CEO, India SME Asset Reconstruction Company (ISARC). ISARC is promoted by SIDBI and has various <strong>…</strong></p> <p>Source: forum4finance</p> <p><u><strong><a href="http://www.business-standard.com/india/storypage.php?autono=405013">Deutsche Bank aims at 30% growth in business</a></strong></u></p> <p>The bank, which has mainly focused on deposits and mortgage lending so far, said it would look at small and medium enterprises (SMEs) and personal banking <strong>…</strong></p> <p>Source: Business Standard</p> </article> <article> <h1>SME Newsletter 18 August, 2010</h1> <p>nitin — Wed, 18 Aug 2010 07:31:11 +0000</p> <blockquote><p><u><strong><a href="http://www.business-standard.com/india/news/subir-roy-new-banks-in-aidwhom/404821/">Subir Roy: New banks in aid of whom?</a></strong></u></p> <p>As every banker knows, the security of a small business loan is not in the collateral offered but in determining whether the borrower is a decent fellow and <strong>…</strong></p> <p>Source: Business Standard </p> <p><u><strong><a href="http://www.emeraldinsight.com/journals.htm?issn=0025-1747&volume=46&issue=10&articleid=1752280&show=abstract&PHPSESSID=5p578u7ach95qm8o3kfg310qf0&&nolog=470735">Emerald | Management Decision | Creation and categorization of …</a></strong></u></p> <p>Originality/value – First of its kind study in SMEs, particularly automotive components sector in India. It studies the current state of knowledge creation <strong>…</strong></p> <p>Source: www.emeraldinsight.com</p> <p><u><strong><a href="http://www.indiacompanynews.com/post/view/1193/TNCCI-safeguarding-SME-interests-in-GST-implementation/">TNCCI safeguarding SME interests in GST implementation</a></strong></u></p> <p>Significantly, this development follows a disapproval of the GST by the Nag Vidarbha Chamber of Commerce and the Confederation of All <strong>India</strong> Traders recently <strong>…</strong></p> <p>Source: indiacompanynews</p> <p><u><strong><a href="http://www.business-standard.com/india/storypage.php?autono=404851">Private equity places big bets on SMEs</a></strong></u></p> <p>Private equity (PE) players are again ready to look at small and medium enterprises (SMEs). “The conservativeness of investing in the secular sector has <strong>…</strong></p> <p>Source: Business Standard </p> <p><u><strong><a href="http://www.indiacompanynews.com/post/view/1212/RBI-helps-SMEs-with-interest-subsidy-scheme/">RBI helps SMEs with interest subsidy scheme</a></strong></u></p> <p>In an endeavour to help manufacturing-based SMEs in sectors such as leather, jute, engineering and textiles, the Reserve Bank of India (RBI) has extended <strong>…</strong></p> <p>Source: indiacompanynews</p> </blockquote> </article> </main></body></html>