More than 90 small and medium companies from Finland, employing about 30,000 people, have set up shop in India and another big wave from the Nordic nation is on the way, a Finnish diplomat said here Friday.
The Reserve Bank of India (RBI), may soon increase the limit of collateral free loan for MSMEs from Rs. 5 Lakh to Rs. 10 Lakh, RBI Executive Director, V. K. Sharma told SME Times on the sidelines of a meeting of the National Board for MSME in the capital today.
Indian small and medium-sized enterprises (SMEs) lack proper strategies to remove the impediments which constrain them to adopt Information Communication Technologies (ICT), the National Association of Software and Services Companies NASSCOM President Som Mittal told SME Times recently.
While asking state governments and associations to work collectively for the development of the MSME sector, Minister of State (Independent Charge) for Micro, Small & Medium Enterprises, Dinsha Patel during his address to the 7th Meeting of the National Board for MSME (NBMSME) in the capital said that the government cannot succeed without the support and cooperation of state governments and associations.
India Monday concluded five rounds of an auction of airwaves for broadband wireless access (BWA) services, with the provisional winning price for a nation-wide licence reaching Rs.2,353.18 crore.
State-owned National Aluminium Company Limited (NALCO) Saturday announced a 371 percent rise in net profit at Rs.391.48 crore for the fourth quarter of 2009-10 ended March 31.
Subir Gokarn, Deputy Governor, Reserve Bank of India, speaking on demographic projections said that India would have upper edge compared to any other nation in terms of working population in coming years.
State-owned National Aluminium Co Ltd (NALCO) has produced 4.31 lakh tonnes of aluminium in 2009-10, an increase of 19.4 per cent, against 3.61 lakh tonnes in 2008-09, the company said on Saturday.
Nation has completed 28 rounds of auction to award radio frequency spectrum for third generation telecom services in the country, with a provisional winning price of Rs.4,831.09 crore for a pan-India licence.
The European Union's executive launched a bid Wednesday to stamp the bloc's authority on credit rating agencies, by taking supervision of such agencies out of national hands and entrusting it to a new EU-level body.
Governments Sunday approved nearly $90 billion in extra money for the World Bank and shifted the balance of voting shares in the institution slightly toward developing countries.
India and the Seychelles on Wednesday signed two economic agreements as the visiting president of the Indian Ocean nation James Michel invited Indian firms to invest in diverse sectors ranging from fishing and oil exploration to hospitality.
President Hamid Karzai arrived in the national capital on a two-day visit to hold discussions with PM Manmohan Singh on bilateral ties and developments within Afghanistan.
India and the 10-nation trading bloc ASEAN are likely to resume their talks soon to widen the scope of the Free Trade Agreement (FTA) between two sides by opening trade in services, after opening up of merchandise trade.
People in the national capital region will have to shell out more for transport as the price of compressed natural gas (CNG) will go up by Rs.5.60 a kg from midnight on Wednesday.
The two-day Nuclear Security Summit ended on Tuesday, with leaders from 47 nations signing off on a non-binding communique and an action plan that presses for collective global action to secure all vulnerable fissile materials such as highly enriched uranium and separated plutonium within four years.
Corporate social responsibility (CSR) programmes by companies are not enough to uplift rural masses and various stakeholders must collaborate for their development, experts at the national rural development summit here said Tuesday.
The ongoing negotiations for a market opening Free Trade Agreement (FTA) between India and the 27-nation bloc European Union is expected to conclude before the end of the year, said a high-powered visiting delegation from the European Union (EU) on Wednesday.
