SIDBI’s macro gift to Microfinance Units

Small Industries Development Bank of India (SIDBI) has always been the savior towards daring entrepreneurs. It has always lent to institutions with a good track record of transparency in its functioning. Plans are...

CII Karnataka powers, power seminar

India faces an energy crunch of about 10 per cent, inspite of having the fifth largest power generation capacity globally. Thus CII Karnataka has taken an initiative to organise a meet with the...

Pharma EXPO 2011 exposes latest technology

Mark your calendar for December 16- 18, 2011 when Bengaluru will be the host city for the PHARMAceutical EXPO 2011 scheduled at Bangalore International Exhibition Centre, Tumkur Road. Karnataka’s pharma sector, already one...

JSW Steel adds steel at Karnataka plant

JSW Steel, India’s No.3 steelmaker received a respite after the Supreme Court partially lifted an iron ore mining ban imposed in a key region of the state. There are plans to raise its...

Shimoga & Gulbarga to get air connectivity

Shimoga and Gulbarga districts of Karnataka are set to have a makeover with the Regional Airport Holding International Ltd (RAHI) pumping in Rs.490 crore to develop airports there. The two projects are part...

MSME Ministry finds double taxation taxing

The Micro, Small and Medium Enterprise (MSME) ministry has requested the finance ministry to resolve the double-taxation issue faced by private equity investors, who want to invest in the small scale business sector...

SMEs not small for big-time technology

“Limited availability of capital for small and medium enterprises (SMEs) is the stark reality. They should source funds through alternate means and that includes venture capital,” says Ramnath Pradeep, Chairman & Managing Director...

Karnataka’s Financially Fine

Karnataka Chief Minister D V Sadananda Gowda has stated in his first Independence Day address that the state’s finances were sound as the government mopped up Rs 58,541 crore revenue during 2010-2011 as...

RBI’s hike spikes Pharma SMEs

SMEs in the Pharma sector are adversely hit with the Reserve Bank of India (RBI) hiking the short-term lending and borrowing rates by 50 basis points (bps). This decision by the RBI has...

Cloud Consulting to blow away HR clouds

Prohibitive costs dissuade small and medium industries in employing experienced HR professionals on their rolls and thus they run short of effective advice on HR and Industrial Relations. Close competition in global markets...