Dr Sheela CN, head of the obstetrics department at St. Johns Medical College Hospital in Bengaluru, seems pleased with a new product she’s testing to detect fetal distress during childbirth. “We are testing this device to see if it can help us (diagnose) high-risk problems during deli…
Tag: MSME
Incubators face penalty if start-ups fail innovation test
The Department of Industrial Policy and Promotion (DIPP) on March 31 said that if an incubator or funding body certifies a start-up as fit to receive government incentives without proper examination or without satisfying itself about the innovative nature of the business, it will be blacklisted f…
FICCI hails efforts to revive MSMEs
The FICCI-Confederation of MSME has hailed the new Framework by Reserve Bank of India (RBI) for revival and rehabilitation of MSMEs. “FICCI-Confederation of MSME welcomes the announcement/notification by RBI as the formation of Special Mention Account and mandatory formation of a committee at eac…
Too much safety to steel units killing SME users, engineering exporters | EEPC India
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…
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…
MSME Ministry’s two-day job fair in Deoria a big success
Bridging the gap between skilled workforce and employers is a critical step in enhancing employment opportunities for youth. In a pioneering move, Ministry of MSME organised a job fair in Deoria on March 26-27, 2016. The fair was a big success and it provided jobs to 1069 people, hired by differe…