Balanced Growth Oriented Budget
FKCCI welcomes the maiden Budget of Mr. D.V. Sadananda Gowda, Hon’ble Chief Minister of Karnataka. Given the slowdown in 2011-12, FKCCI welcomes the 2012-13 Budget which is directed basically to strengthen the irrigation net...
No R&D Boost, Say Pvt Players in Defence
The Budget seems to have failed to impress small-scale private sector industries around Pune city. The Pimpri-Chinchwad Municipal Corporation area alone has about 4,000 Small and Medium Enterprises (SMEs), while the total number,...
SMEs to Benefit From Raised Turnover Limit for Compulsory Tax Audit
Union Finance Minister Mr Pranab Mukherjee, has recommended to increase the turnover limit for compulsory tax audit of accounts and for presumptive taxation from Rs 60 lakh to Rs 1 crore, in an...
FM Announces Credit Linked Subsidy Programme for MSMEs
To encourage micro enterprises, a credit linked subsidy programme namely Prime Minister's Employment Generation Programme (PMEGP) is being implemented through KVIC, Finance Minister Pranab Mukherjee announced in the Union Budget 2012-13. The allocation...
India Inc. Dissatisfied over RBI’s Move to Keep Rates Unchanged
While displaying dissatisfaction over the RBI's move to keep the interest rates unchanged, India Inc has stated that the rate cuts were required so that it helps the industrial sector invest more and...
India, Iran All Set to Boost Trade Ties
The Iranian and Indian business leaders have decided to strengthen the trade relations. Presently, the bilateral trade is worth $15 billion and likely to touch $25 billion by the year 2016. Mohammad Mehdi...
Jaguar Land Rover to Open 24 More Stores by 2012 End
Jaguar Land Rover is planning to increase its dealership expansion programme. It has started first showroom in Mumbai in mid-2009. Currently the Jaguar Land Rover has 15 stores in13 cities. It is also...
Weather Information, Crop Advisories to be Offered From Next Financial Year
With the aim to boost resilience of farmers to vagaries of nature, the administration will offer timely weather-based information along with crop-based advisories through Automatic Weather Stations (AWS) from the next fiscal year.
The AWS...
Patel Engineering Bags Urban Infra Projects from Municipal Corporation of Greater Mumbai
Construction firm Patel Engineering has received two-urban infrastructure projects worth Rs 377.04 crore from the Municipal Corporation of Greater Mumbai. A statement from Patel Engineering, said, “The company has bagged a Rs 195.21...
New Industrial Estates To Boost SME growth in Uttarakhand
Small and medium enterprises (SMEs) in Uttarakhand are expected to get a big push following the recent transfer of ownership of 18 industrial estates spanning 2,000 acres of industrial land to it by...