EEPC India, the apex organisation of engineering exporters who are also major users of steel, has described the extension of safeguard duty on steel as an anti-SME move that will further dent the country’s exports, already down in the dumps. ” We feel this is a completely discriminat…
Tag: SME
Vista rooms to enter five new countries by 2016-end
Budget hotels aggregator Vista Rooms is embarking on an international expansion with plans to enter five new countries by the end of this year. The startup, which has forayed into the Sri Lankan market, is seeking to respond to interests from its customers in certain international destinations. &…
Andhra Pradesh CM pays visit to PEMANDU labs
Andhra Pradesh Chief Minister N. Chandrababu Naidu on March 30 visited the Mid-Lab syndication work at MHRD as part of Vision 2029. He visited the education and retail labs and reviewed the lab work. Later, the Chief Minister interacted with the lab participants and stakeholders from retail and e…
Coir exports set to exceed last year’s Rs. 1,630 crore
The recessionary trends in the overseas markets seem to have not deterred coir exports from the country, as the sector continues to register a better performance in the last few consecutive years. The coir sector has fetched an export revenue of Rs. 1,630 crore in the last fiscal against Rs. 1,47…
Guidelines on e-commerce markets may save small & medium sellers
Small and medium sellers on e-commerce platforms said the latest guidelines on online retailing will give marketplaces fewer opportunities to arm twist them on matters such as pricing and return policies. But, the All India Online Vendors Association, which has 500 large and medium sellers as mem…
23 SMEs file IPO papers in Jan-Mar quarter to mop up Rs 200 crore
To tap the upbeat investor sentiments, as many as 23 Small and Medium Enterprises (SMEs) have filed draft papers in the first quarter ending March 31, to raise over Rs 200 crore through their initial public offerings. The shares will be listed on the SME platforms of the BSE and National Stock Ex…
Four SME IPOs to hit capital markets
Riding on the upbeat market sentiment, four companies will come out with initial public offerings (IPOs) to raise about Rs 26 crore and get listed on the BSE exchange’s small and medium enterprises platform. Ruby Cables, Franklin Leasing and Finance launched their initial share-sale programmes on…
EasyMeat signed revenue sharing agreement with Venky’s
Pune-based meat delivery startup EasyMeat.in has signed a one-year revenue-sharing agreement with Venky’s, a subsidiary of the VH Group that specialises in processed chicken meat products. The startup will take about 15% commission for each Venky’s product sold through its online port…
Veritas Finance raises Rs 30 crore from Sarva Capital
The Chennai-based Veritas Finance said it has raised Rs 30 crore from Sarva Capital in A series funding. The funding will help the Tamil Nadu and Puducherry-focused company to fuel their expansion plans and diversify their product and services. It will get a board position for Venky Natarajan, Ma…
The next spurt in manufacturing growth in India will come from SMEs | Anil Agarwal
At a conference organized by Confederation of Indian Industry (CII) in New Delhi, Anil Agarwal, group Chairman of UK-listed natural resources giant Vedanta Resources Plc, said “the next spurt in manufacturing growth in India will be coming from a new wave of Small and Medium Enterprises (SMEs), w…