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Indian SMEs to welcome FDI |
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Written by SEI News Desk
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Friday, 27 January 2012 16:32 |
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A big question ahead of Indian MSME business owner is about seeking a concrete answer on gauging the upcoming impact of FDI in retail. SMEs which are the largest contributor in the Indian economic cycle are eagerly looking forward to the implementation and experiencing the new policy.
Recently, a survey on the impact of FDI in retail on SME undertaken by the Confederation of Indian Industry (CII) confirms that SME industry, by and large, supports 100 % FDI in single brand retail and expects earlier and speedier implementation of 51% FDI in multi-brand retail and notification to that effect in consideration of the overall benefits for industry and business.
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‘Technology is the way forward’: Sam Pitroda appeals to Startups |
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Written by Faiz Askari, Editor, Small Enterprise India.com
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Friday, 27 January 2012 15:16 |
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Social Entrepreneurship is contributing significantly in the overall economic growth. Impressed by the efforts of social entrepreneurs to make the public delivery service more effective, five African countries want to emulate the Indian models of development, said Sam Pitroda adviser to prime minister Manmohan Singh on public information infrastructure and innovations.
“At least five African countries are looking at Indian models of development to solve the problems at the bottom of the pyramid as Western models were not scalable,” said Pitroda.
Addressing 100 young social innovators at Action For India Forum 2012, Pitroda said India is in a unique position to solve the problems of the poor as it has the largest number of poor and a huge amount of talent to address challenges.
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Blustone.com : redefining jewellery shopping |
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Written by SEI News Desk
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Wednesday, 25 January 2012 11:33 |
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Fashion and jewellery accessories are some very common soft points for any girl. But from an entrepreneur perspective this could be a great opportunity in which creativity and business value both can leap great results. On similar lines, Bluestone.com is incepted as India’s first exclusive online brand that sells jewellery inspired by international designs. The platform is designed to appeal people with unique tastes. One of the first companies to serve the online evolved consumer, Bluestone aims at revolutionizing the Jewellery and Lifestyle e-commerce scene in India.
Blustone.com is co-founded by entrepreneurs, Vidya Nataraj & Gaurav Singh Kushwaha. The venture is backed by Accel Partners, a VC fund, which has invested in many world-class internet giants like Facebook and Flipkart.com, along with Silicon Valley Bank and serial entrepreneur, Meena Ganesh, CEO & MD of Pearson Education Services.
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Last Updated on Friday, 27 January 2012 00:27 |
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Mentoring Services to SMEs from CII |
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Written by SEI News Desk
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Tuesday, 24 January 2012 12:49 |
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Business mentoring is an essential component of refining the level of SMEs business Indian. The Confederation of Indian Industry (CII) has announced the launch of two new services for SMEs in southern region – Business Mentoring Service and Senior Expert Advisory Service.
For the Business Mentoring Service, the industry lobby has signed an MoU with the Coaching Foundation India (CFI), under which the foundation would provide coaching service to CII member companies through their panel of experts and mentors.
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