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46% SMEs under credit stress, may default: India Ratings

Last Updated: Tuesday, April 15, 2014, 22:05

Nearly half of bank loans extended to listed small businesses, having a revenue of under Rs 300 crore, are under stress and there is a little possibility of improvement in the near future as their revenue growths will remain under pressure, says a report.

IT can help Indian SMEs boost revenue by $56 bn: Microsoft

Last Updated: Tuesday, October 08, 2013, 18:47

The research, conducted by global management consulting firm BCG for the Microsoft report, revealed that about 90 percent of small and medium enterprises (SMEs) in India have no access to the Internet.

SMEs likely to play imp role in pharma growth story: Report

Last Updated: Monday, September 09, 2013, 11:56

Exports of pharmaceuticals products from India increased from USD 6.23 billion in 2006-07 to USD 8.7 billion in 2012-13.

Modi announces patent unit for SMEs in Gujarat

Last Updated: Saturday, January 12, 2013, 18:28

Citing statement of a central government official, he said, "In the last five years, of the total jobs created in the country, 75 percent employment was generated by Gujarat and in that SMEs have played a vital role."