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smetimes

from New Delhi, India
Bio: Publishing online business news, smes news, economy news, india industry news, world business news, india business news, world smes news, india...
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SBI sets base rate at 7.5 percent

06/29/2010 03:26am - via http://smetimes.tradeind... - Details

smetimes: India's largest public sector lender State Bank of India (SBI) on Tuesday fixed its benchmark lending rate at 7.5 percent, a move raising expectation that private banks and other lenders are also likely to peg their base rate closer to that...

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India will grow at 9.50 percent this year: IMF

07/07/2010 09:24pm - via http://smetimes.tradeind... - Details

smetimes: India's growth will accelerate to about 9.50 percent in 2010 as robust corporate profits and favourable financing conditions fuel investment, and then settle to 8.50 percent in 2011, according to International Monetary Fund (IMF) projections.

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President calls for better delivery of welfare schemes

07/05/2010 03:32am - via http://smetimes.tradeind... - Details

smetimes: President Pratibha Patil Monday called for making delivery systems more effective and non-corrupt to ensure that the benefits of welfare programmes reach all segments of society.

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Industry's hiring activities pick up 21% in June

07/06/2010 11:22pm - via http://smetimes.tradeind... - Details

smetimes: The number of staff appointments by the Indian industry grew by 21 percent in June this year compared to the year-ago period, led by the improving business sentiment, according to a new report by an online job portal.

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B2B portals can help SMEs prosper

07/06/2010 11:52pm - via http://smetimes.tradeind... - Details

smetimes: Without doubt, B2B portals today offer many opportunities for SMEs to grow and prosper. B2B portals are about networking businesses, introducing collaborative business practices and streamlining business processes.

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India Inc. finds QIPs quicker in raising capital

07/07/2010 12:09am - via http://smetimes.tradeind... - Details

smetimes: In the absence of virtually no regulatory approvals, India Inc. has drawn up elaborate plans to raise a whopping amount of over Rs. 40,000 crore through Qualified Institutional Placement (QIP), an instrument which the industry has found as a...

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Bangladesh promises higher pay to garment workers

07/07/2010 12:23am - via http://smetimes.tradeind... - Details

smetimes: Bangladesh Prime Minister Sheikh Hasina has promised an early pay revision for the country's ailing garment sector, saying the current pay scales were "too little to meet the basic needs of life".

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Increase ICT adoption by SMEs a challenge: Dinesh Rai

07/07/2010 03:28am - via http://smetimes.tradeind... - Details

smetimes: It is a challenge for the government to increase the use of Internet and Communication Technology (ICT) among the Small and Medium Enterprises (SMEs) in the country, said the Secretary, Ministry of MSME, Dinesh Rai on Tuesday.

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Mining area in nine coal mines increased

07/07/2010 03:37am - via http://smetimes.tradeind... - Details

smetimes: The environment minister has agreed to increase the "go area", or forest area where coal mining is allowed in nine collieries in the country provided they meet the environment clearance.

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Maoist strike hits iron ore shipment in Chhattisgarh

07/07/2010 03:45am - via http://smetimes.tradeind... - Details

smetimes: The two-day shutdown by the Communist Party of India-Maoist (CPI-Maoist) that began Wednesday hit life in Chhattisgarh's vast interiors, particularly in Bastar region where iron ore transportation was hindered.

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SJVNL net profit in 2009-10 at Rs.972 crore

07/07/2010 03:52am - via http://smetimes.tradeind... - Details

smetimes: Hydropower major Satluj Jal Vidyut Nigam Ltd (SJVNL), which owns and operates the 1,500-MW Nathpa-Jhakri project in Himachal Pradesh, Tuesday reported a net profit of Rs.972.74 crore for the 2009-10 fiscal.

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Andhra Pradesh cooperative banks join together to save on automation

07/07/2010 03:58am - via http://smetimes.tradeind... - Details

smetimes: Twenty three cooperative banks in Andhra Pradesh have hit upon a novel idea of using single core banking solution (CBS) and save on hardware and software costs.

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India and Iran talks on economic cooperation today

07/07/2010 10:49pm - via http://smetimes.tradeind... - Details

smetimes: India and Iran will hold two-days of talks on expanding bilateral economic cooperation, beginning in New Delhi on Thursday.

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Toyota recalls 91903 Lexus and Crown vehicles

07/05/2010 12:34am - via http://smetimes.tradeind... - Details

smetimes: Toyota Motor Corp filed Monday for a recall of 91,903 units of its luxury Lexus and Crown models with the Transport Ministry due to an engine defect, the company said.

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Car sales pick up 31 percent in June

07/07/2010 11:49pm - via http://smetimes.tradeind... - Details

smetimes: Domestic passenger car sales increased by 30.79 percent to 1,41,184 units in June compared to 1,07,948 units in the same month last year, said the Society of Indian Automobile Manufacturers (SIAM) on Thursday.

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BJP opposes FDI in multi-brand retail

07/07/2010 11:56pm - via http://smetimes.tradeind... - Details

smetimes: The Bharatiya Janata Party (BJP) on Wednesday warned the government against taking any "hasty steps" to further open up the retail sector and called for a "blanket ban" on foreign direct investment in multi-brand retail.

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India can play big role in organic food trade

07/08/2010 12:01am - via http://smetimes.tradeind... - Details

smetimes: India can play a significant role in global organic food trade, Agriculture Minister Sharad Pawar said in New Delhi on Wednesday.

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Audi to manufacture its SUV - Q5 in India

07/08/2010 12:08am - via http://smetimes.tradeind... - Details

smetimes: German luxury car manufacturer Audi on Wednesday began assembling its sports utility vehicle (SUV) Q5 at its Aurangabad (Maharashtra) manufacturing plant.

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General Motors to sell parts division to Chinese firm

07/08/2010 12:26am - via http://smetimes.tradeind... - Details

smetimes: US carmaker General Motors said Wednesday it has agreed to sell a steering parts division to a Chinese group.

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Gulf experts to discuss water crisis

07/08/2010 12:36am - via http://smetimes.tradeind... - Details

smetimes: Experts from the Middle East will gather in Abu Dhabi next week to find out solutions to the water crisis in the Gulf region.

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