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NID centre for MSMEs in the North East

In a bid to enhance the designs of the products made by MSME clusters in the North East (NE), the National Institute of Design (NID) is contemplating to start its centre at the Indian Institute of Entrepreneurship in Guwahati. According to Anindita Hazarika, owner of H2 A2 Creations, a small-sized ...
September 9th 2010 / 0 Comment / Read More »

Rise in India-UAE trade, SMEs rejoice

In a development that is likely to cheer numerous export-based SMEs that ship their products to the UAE, a recently released report by the Foreign Trade Ministry has revealed that non-oil trade between India and the UAE has increased by 83% during the first quarter of 2010. Significantly, ...
September 9th 2010 / 0 Comment / Read More »

Malaysia woos Indian businesses, SMEs to gain

Even while promoting Malaysia as a strategic business destination, Malaysian Deputy Prime Minister Muhyiddin Yassin has expressed an interest to invite Indian business units to invest into Malaysia. T...
September 9th 2010 / 0 Comment / Read More »

Tax sops for IT units setting up operations in rur...

The central government on Wednesday said it is keen to provide incentives for information technology (IT) companies setting up operations in tier 2/3 cities and rural areas. Inaugurating the two-day ...
September 9th 2010 / 0 Comment / Read More »

Incentives for services exports likely

After giving incentives mainly to manufacturer-exporters in the recent Foreign Trade Policy review, the Commerce Ministry will now rationalise the Served From India Scheme (SFIS) to give a helping hand to the $100-billion services exports sector. The Commerce Secretary, Dr Rahul Khullar, said, "It ...
September 9th 2010 / 0 Comment / Read More »

Sequoia to invest more in India's education sector

NEW DELHI: Sequoia Capital, a venture capital firm is optimistic about the education sector in India. The company has so far invested in three entities in this field, is looking at more opportunities to cash in on the education boom in the country. Mr KP Balaraj, managing director, Sequoia Capital ...
September 8th 2010 / 0 Comment / Read More »

IDBI Federal unveils wealthsurance milestone plan

NEW DELHI: IDBI Federal Life Insurance has unveiled its new Unit Linked Insurance Plan(ULIP) called IDBI Federal Wealthsurance Milestone Plan. The plan also provides a range of investment options, insurance options and flexibility that allows customers to customise a plan suited to their needs. Mr ...
September 8th 2010 / 0 Comment / Read More »
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