The Chief Minister of Jammu and Kashmir, Omar Abdullah, encouraged Indian industry to re-establish and revive their relationship with the state, at the 81st Annual General Meeting of the Federation of Indian Chamber of Commerce and Industry (FICCI). According to an article in the Kashmir Observer ,the chief minister said the state has witnessed the most peaceful elections in ...

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On behalf of several small business associations and industry players, the Finance Ministry has asked the RBIs to increase the mandatory lending limit to micro, small and medium enterprises in India from 12 percent to 15 percent. Earlier the RBI had asked public sector banks to increase credit flow to the small business sector. ...

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In an attempt to minimize costs and fight competition, small businesses in India are increasingly investing in data storage and other solutions, according to the latest NetApp India and Nielsen Company study . Titled as 'Data Explosions in India - Trends and Challenges', the study states that the data explosion among SMEs has been caused by IT applications and ...

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The India government has revised foreign direct investment (FDI) norms in what is being seen as populist pre-election move. The revision will permit a foreign investor with a non-controlling stake in an Indian company, to also invest in minority stakes of other Indian companies which are stake holders in the target company. The move is being met with resistance by several ...

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Union Minister for Commerce and Industry, Kamal Nath, stated that the Special Economic Zones (SEZs) and Export Oriented Units (EOUs) have significantly raised employment and boosted manufacturing activity in the country. Speaking at the Export Awards function organized by the Export Promotion Council for EOUs & SEZs (EPCES) in the national capital today, Nath informed that during the period 2003-04 to ...

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