Tag: SME

Cisco betting big on SME sector for growth, to triple customer base to 90k

IT hardware giant Cisco is betting big on India’s Small Medium Enterprises (SMEs) sector for growth. Company is looking to increase its customer base from 30,000 to 90,000 over the next three years. “We have about 30,000 SMEs customer in India and over the next three years we aim to triple this t…

Number of sick MSMEs in India doubled in four years

Chennai: The number of sick Micro, Small and Medium Enterprises (MSMEs) has doubled in the last four years, the Minister of State for MSME Haribhai Parathibhai Chaudhary in a written reply to a question in Lok Sabha on April 10. The reply provides figures made available by the Reserve Bank of Ind…

Higher production costs impact manufacturing competitiveness

Mumbai: Rising production costs significantly impacted manufacturing competitiveness in the last few months, according to a survey. Industry body FICCIs latest quarterly survey on manufacturing suggests slight decline for the manufacturing sector outlook in the fourth quarter (January-March) of t…

Why Indian SMEs need to partner with IoT platforms

The Make in India initiative aims to boost the contribution of the manufacturing sector from 15% to 25% of GDP, by 2022. While the market is buoyant and some changes are visible, it seems we will take much longer than anticipated to get the desired results. If and when this growth happens, there …

अपनी ही नीति पर नहीं चलती सरकार!

क्या सरकार अपनी बनाई नीतियों पर ही नहीं चलती? सरकार ने नीति बनाई कि कम से कम 20 फीसदी सरकारी खरीद छोटी और मझोली कंपनियों से होगी। लेकिन अब सरकार ने ही मान लिया है कि सरकारी कंपनियां यानी पीएसयू इस पर अमल नहीं कर रहीं। आलम ये है कि 300 में से सिर्फ 61 […]

साप्ताहिक राशिफल (10 – 16 अप्रैल) | जानिए कैसा रहेगा इस हफ्ते आपके लिए कारोबार

भारतीय ज्योतिष में बारह राशियों व् नव ग्रहों की स्थिति के अनुसार वर्तमान स्थिति व्  भविष्य की घटित होने वाली परिस्थितियों की संभावनाओं को जानने का प्रयास किया जाता रहा है। स्थूल रूप से जानने के लिए गोचर में विचरण करने वाले ग्रहों का अध्ययन किया जाता है। इसी प्रयास स्वरूप, राशि के आधार पर [&hellip…

International Chamber of Commerce pushes for e-Commerce agenda at WTO

New Delhi: A key global business lobby group has petitioned the World Trade Organisation (WTO) to begin talks to open up cross-border digital trade for small and medium companies and allow them to sell their products across borders through e-Commerce. The International Chamber of Commerce has pro…

Investors get drawn towards SME IPOs

While large size IPOs are getting improved responses from investors, with some over subscribing two to four times on the main platforms of Bombay Stock Exchange (BSE) and National Stock Exchange (NSE), SME IPOs are not lagging behind either. According to the investment bankers, investors’ t…