by Rajen KumarIndia's Manufacturing Muddle
What holds Indias manufacturing sector at the back foot? Why the sector has failed to emerge from the shadow of a strong service sector which has recorded a creditable growth in the...
Special ReportsMar 2014
When you have just decided to go ahead and chase your dream of higher studies, the one you had sidelined for quite some time now, you realize the road ahead is not so...
7 Tips From Tony Hsieh
How NINE was created?
After completing my degree in Fashion from a top ranking fashion school in London, I joined The Shirt Company as a Director. I took over responsibility for sales, design and product development. What initially started off as a shirt manufacturing company has now rapidly expanded and has become India one of the largest export house. We are the official licensee for Barbie and Hot wheels kids clothing in India and have started our own brand for maternity wear NINE.
Tata Power Empowers SHGs in Gujarat
Tata Power provides training and capacity building for rural women by enabling financial independence of women and achieving cumulative savings of Rs. 9.87 lakh for the groups as on July 2013.Building Social Capital for Better Living for Women Tata Power Empowers SHGs in Gujarat -SME World Bureau Tata Power provides training and capacity building for rural women by enabling financial independence of women and achieving cumulative savings of Rs. 9.87 lakh for the groups as on July 2013.
Bridging the Information and Support Gap for Indian MSMEs – MSMEMentor.in
MSMEMentor.in is yet another brilliant initiative by India\'s dedicated development institution for MSMEs – SIDBI and National Stock Exchange. This venture is supported by PRIME which is a premier database on capital market.
The Social CEO: Why Execs Should Use Social Networks
The Thriving Power of Small
Small and mid-sized enterprises (SMEs) form the backbone of both an economy-developed and emerging. And therefore, the degree to which SMEs can flourish by overcoming obstacles is important for the expansion and upswing of an economy. In developed economies, for example, SMEs account for some 50 per cent of GDP, according to World Bank data; within the EU, the European Commission says that SMEs account for two-thirds of employment and create 85 per cent of net new jobs.
Significance of Intellectual Property (IP) Law for SME's
Intellectual Property refers to the creations of the mind such as inventions, literary and artistic works, and symbols, names, images, and designs used in commerce. Intellectual property laws endow the creators and inventors with exclusive rights over their inventions and creations. Trademark, patent, copyright, and trade secrets fall under the umbrella of Intellectual Property (IP) law. Intellectual property is a valuable tool Small & medium Enterprises (SME's) can use to protect different aspects of their creative activities.
What I learnt from my Failures–Lessons for Upcoming Entrepreneurs
A CA who has spent a decade working with various banks in roles which catered to the Small & Medium Enterprise segment. She created SMEJOINUP.COM – India's first Network Dedicated to SMEs trying to assist them with Money and Markets for their venture.
CIBIL will assist you to Check Your Credit Worthiness Before You Seek a Loan
Credit Information Bureau (India) Ltd. (CIBIL) has come a long way since its bow in 2004. With just 13 members on board, the membership has inflated to a whopping 700 today. CIBIL may be much misunderstood body, it, however, suffers from the crisis of identity.
Talent Retention Tips for SMEs
A recent study taken by PwC that was published in the PwC Private Business Barometer stated that, ”Human, not financial capital, is the key to business growth.” Ironically, in today's market scenario that is extremely volatile and unstable, potential employees look for security in a job and they look at an SME as a less stable job option. They tend to believe that the chances of smaller companies getting affected are more because they do not have the deep pockets to dig into to retain talented individuals when compared to the established players in the market.
Role of Awareness, Action, Audit in SME Marketing
Marketing is like a vitamin for business and if SME owners understand it, they need to have a periodic check up on ROI in marketing. Before, starting a new project, investing further into ideas, setting up production and making tie ups, it is must in today's business environment to go for reality check up.
What is Geographical Indication
A business cluster is a geographic concentration of interconnected businesses, suppliers, and associated institutions in a particular field. Clusters are considered to increase the productivity with which companies can compete, nationally and globally. Governments and companies often try to use the cluster effect to promote a particular place as good for a certain type of business. For example, the city of Bangalore, India has utilized the cluster effect in order to convince a number of high-tech companies to setup shop there.
Market segmenting is dividing the market into groups of individual markets with similar wants or needs that a company divides the market into distinct groups who have distinct needs, wants, behavior or who might want different products & services. Broadly, markets can be divided according to a number of general criteria, such as by industry or public versus private although industrial market segmentation is quite different from consumer market segmentation, both have similar objectives. All of these methods of segmentation are merely proxies for true segments, which don't always fit into convenient demographic boundaries.
The two basic elements of any budget are the revenues and expenses. In the case of the government, revenues are derived primarily from taxes. Government expenses include spending on current goods and services, which economists call government consumption; government investment expenditures such as infrastructure investment or research expenditure; and transfer payments like unemployment or retirement benefits.
Corporate social responsibility
Corporate social responsibility (CSR), also known as corporate responsibility, corporate citizenship, responsible business, sustainable responsible business (SRB), or corporate social performance, is a form of corporate self-regulation integrated into a business model. Ideally, CSR policy would function as a built-in, self-regulating mechanism whereby business would monitor and ensure its adherence to law, ethical standards, and international norms. Business would embrace responsibility for the impact of their activities on the environment, consumers, employees, communities, stakeholders and all other members of the public sphere.
Output Gap¸ National accounts, Green National Product, Financial literacy
National accounts or national account systems (NAS) provide a complete and consistent conceptual framework for measuring the economic activity of a nation (or other geographic area in the broader term social accounts). These include detailed underlying measures that rely on double-entry accounting.
Hedge fund, Investment banking, Credit Union, Microcredit – SME Knowledge Kit
A hedge fund is an investment fund open to a limited range of investors that is permitted by regulators to undertake a wider range of investment and trading activities than other investment funds, and that, in general, pays a performance fee to its investment manager. Every hedge fund has its own investment strategy that determines the type of investments and the methods of investment it undertakes. Hedge funds, as a class, invest in a broad range of investments including shares, debt and commodities.
GDP Deflator, Price Index, Consumer Price Index - SME Knowledge Kit
GDP deflator (implicit price deflator for GDP) is a measure of the level of prices of all new, domestically produced, final goods and services in an economy. GDP stands for gross domestic product, the total value of all final goods and services produced within that economy during a specified period.
3G, Seed money, Start-up Financing Cycle, Money laundering - SME Knowledge Kit
Market Capitalization, Energy Security, Clean Development Mechanism (CDM) – SME Knowledge Kit
Monetization, Divestment for financial goals, IPO, G 8 (Group of Eight) – SME Knowledge Kit
Monetization is the process of converting or establishing something into legal tender. It usually refers to the printing of banknotes by central banks, but things such as gold, diamonds and emeralds, and art can also be monetized.
Deflation, Economic Growth, BOP, IMF definition - SME Knowledge Kit
Deflation occurs when the annual inflation rate falls below zero percent, resulting in an increase in the real value of money a negative inflation rate. This should not be confused with disinflation, a slow-down in the inflation rate.
The Primary Market, Initial Public Offering, Reasons for listing, Procedure - SME Knowledge Kit
The Primary Market is that part of the capital markets that deals with the issuance of new securities. Companies, governments or public sector institutions can obtain funding through the sale of a new stock or bond issue.
Supply chain, value chain, Special Drawing Rights (SDRs) – SME Knowledge Kit
All About TRADE MARKS
A trade mark may include the shape of goods, their packaging and combination of colours. As per Section 2(1) (m), a mark includes a device, brand, heading, label, ticket, name, signature, word, letter, numeral, shape of goods, packaging or combination of colours or any combination thereof.
Angel Investors, Non- Banking Finance Company, Difference between NBFCs & Banks - SME Knowledge Kit
Angels typically invest their own funds, unlike venture capitalists, who manage the pooled money of others in a professionally-managed fund. Although typically reflecting the investment judgment of an individual, the actual entity that provides the funding may be a trust, business.
Venture Capital, Private equity, Special Purpose Vehicle, Working Capital – SME Knowledge Kit
Venture capital (also known as VC or Venture) is a type of private equity capital typically provided to early-stage, high-potential, growth companies in the interest of generating a return through an eventual realization event such as an IPO or trade sale of the company.
- Winner of appreciation award for promoting SMEs in India.
- 1st ever Indian magazine to penetrate tier II, III cities & the rural belt.
- Industry Partnerships include CII, FICCI, ASSOCHAM, PHDCC, AIMA, ITPO, SME Network, Federation of Indian Micro Small Enterprises (FISME)
- Official Magazine Partners for several national & international MSME events.
The Last Word
January every year used to be the Great Film Month in Delhi. International Film Festival of India, IFFI used to take place a great get together of film buffs. Youngsters with a taste for the...
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