Modi announces patent unit for SMEs in Gujarat

Last Updated: Saturday, January 12, 2013, 18:28

Citing statement of a central government official, he said, "In the last five years, of the total jobs created in the country, 75 percent employment was generated by Gujarat and in that SMEs have played a vital role."

Govt mulling giving cheap loans to more sectors: Sharma

Last Updated: Tuesday, December 18, 2012, 20:03

The government is considering providing cheap loans to some more stressed sectors other than SMEs to provide them a cushion against the global economic slowdown.

BlackBerry partners GETIT to market solutions to SMEs

Last Updated: Wednesday, December 12, 2012, 18:44

The companies will focus on sectors like manufacturing, food processing, pharmaceuticals, textile and garments and retail.

Tata Steel unveils new product targeted at SMEs

Last Updated: Monday, November 5, 2012, 20:21

This is the first time that the company has made a foray into branding of hot rolled products in the SME segment.

MCX-S plans to launch SME platform

Last Updated: Friday, October 5, 2012, 19:50

Announcing MCX Stock Exchange's (MCX-SX) intent to have a dedicated platform for small businesses, the soon-to-be-launched bourse's promoter and vice-chairman Jignesh Shah today said SMEs should aspire to raise up to USD 20 million annually through such platforms.

Indian SMEs sweep FedEx business league awards

Last Updated: Wednesday, September 26, 2012, 19:43

Small and Medium Enterprises from India virtually swept the third FedEx International Business League awards, notching up 10 of the 12 finalists positions in the 6-nation contest that involved tough evaluation process of their performances.

Keep proper account books to get easy loans: Experts to SMEs

Last Updated: Friday, August 17, 2012, 18:28

Small and medium enterprises (SMEs) should take steps like properly keeping account books and taking ratings from registered agencies in order to take bank loans hassle free, experts said Friday.

For 53% SMEs, bank funding means pipe-dream: Crisil

Last Updated: Tuesday, June 19, 2012, 20:10

Rating agency Crisil Tuesday said a large majority of SME promoters - as many as 53 percent - continue to use their own funds to tide over inflationary pressure as getting bank funds are not without difficulties for them.

SBI to cut lending rates on SME loans by up to 2% soon

Last Updated: Tuesday, April 24, 2012, 18:00

State Bank of India is cutting its loan rates for small and medium enterprises by 1.5 to 2.0 percentage points, a news agency reported on Tuesday.

Sops for SMEs for skill development, fund generation

Last Updated: Friday, March 16, 2012, 13:56

To boost fund availability for Small and Medium Enterprises (SMEs), Finance Minister Pranab Mukherjee on Friday, as part of his General Budget 2012-13, proposed that sale of a residential property be exempted from capital gains tax.