FAMILY BUSINESS: A survey of SMEs across Asia by The Economist Intelligence Unit finds that Asian businessmen no longer want to keep it all in the family.

Breaking the mould

Business Standard

Canara Bank aims to meet the target of 20 per cent growth in the advances made to small and medium enterprises (SME) this fiscal too. 


Canbank to meet lending target

Export Oriented Units can claim from refund of terminal excise duty on the goods supplied from the Development Commissioner.


FTP not clear on excise refunds

GROUP INITIATIVE: Bengal units will ensure a cleaner city.

SMEs unite to recyle plastic

Big companies offer modular packages and consultancy offers; they offer EMIs too.


When IT outsourcing makes sense

The small textile companies will benefit as they enter the international supply chain, says a Dun &amp; Bradstreet report on the sector.


Riding the wave

The world's first ever biomass based commercial power generation unit is being set up in Ghanaur village in Patiala district of Punjab. The 12 mega watt unit is a joint venture between Punjab Biomass

Agri waste to power Punjab villages

'We have done risk profiling studies of four clusters' 


Cluster approach

Is there a negotiating strategy, preceding pacts? 


Talking sense

For any food processing company to export its products and goods to developed countries it is necessary to have some kind of quality certification. First, it was HACCP (Hazard Analysis and Critical

Quality gets a leg up

Lack of demand, shortage of working capital and power shortage continue to haunt small and medium enterprises in Madhya Pradesh. 


MP units in the red for lack of demand

Coimbatore-based exporter of knitted garments, S P Apparels, has set up a new garment making facility with an investment of Rs 38 crore at Avinashi near Coimbatore. The new unit is part of SP's plans

SP Apparels to invest Rs 38 cr in new unit

As they have separate PANs, HUF and the individual, have different exemption limits. At the time of filing redemption under ECG scheme do we need to give the third party/ deemed export in

HUF and individual are different

Though the Twelfth Five Year Plan has put forward a &lsquo;strategy triangle&rsquo; involving micro, small and medium enterprises (MSME), India needs a more aggressive approach to inclusive development, especially in the context of the global economic crisis, says India MSME Report 2011, brought out by the Kochi-based Institute of Small Enterprises and Development (ISED).

MSME policy needs to be more realistic: report

Ayurvedic medicine manufacturers from across the country, who at one time sourced a wide range of medicinal plants from Karnataka, have begun moving their manufacturing units to northern India. They have been forced to do so by the growing scarcity of such plants in the state, caused mainly by rapid urbanisation and deforestation.

Ayurvedic medicine makers go North

A delegation of the Confederation of Indian Industry micro, small and medium enterprise (CII MSME) division met Micro, Small and Medium Enterprises Ministry officials recently to highlight the problems faced by the SME sector. CII MSME Council Chairman Ramesh Datla tells Indivjal Dhasmana that the delegation urged the ministry to simplify procedures for the SME sector and expeditiously implement the draft policy for reservation of 20 per cent for this sector in government procurement.

Q&A: Ramesh Datla, Chairman, CII MSME Council

A survey of small and medium enterprises (SMEs) in the plastics sector has revealed that a majority are upbeat about their prospects in 2011, with 51.28 per cent expecting sales growth of more than 20 per cent over 2010, while 37.18 per cent are hopeful of growth of up to 20 per cent.

Plastics units upbeat about 2011

I refer to the minutes of Case No 3 of the Policy Interpretation Committee (PIC) meeting dated 29th April 2011, which says that mere registration with the Registrar of Companies (RoC) does not give service providers the status of an Indian company for Served From India (SFIS) benefit. The Committee felt that the firms need to prove how they are Indian companies by way of their shareholding pattern, which would enable the committee to determine whether they are a truly Indian company or not. It was decided that details from RoC need to be collected in regard to shareholding/ownership status of all these companies before a view can be taken by the PIC.

'PIC definition of service provider violates national treatment principle'

Uttar Pradesh government today directed small industries department mandarins to engage and woo national and international entrepreneurs for setting up units in the state.

UP to woo entrepreneurs for small industries

The medium and small scale enterprises (MSMEs) of Himachal Pradesh are facing a tough time amidst fresh hiking of bank rates announced by Reserve Bank of India (RBI). Arun Rawat, president, Baddi Barotiwala Nalagarh Industries Association (BBNIA) said every two per cent increase in interest rates results in a 10 per cent profit-eroding for the Medium and Small Scale Industries.

Himachal MSME sector demands interest subvention

Though the reintroduction of the Technology Upgradation Fund Scheme (TUFS) after a gap of nine months has set the ball rolling with regard to projects that were kept on hold, including those of spinning mills, looms and other textile sector investments, the reduction in repayment period for loans is likely to make things difficult for these units.

Reduction in repayment period to hit new units: Sima

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 74 - SME