Capital Goods News

By: Prerna Mishra, SME News, Saturday, Nov 24, 2012
NEW DELHI: Industry body Confederation of Indian Industry (CII) in collaboration with the Department of Heavy Industry is all set to organise a National Conference on Emerging Opportunities for the Capital Goods Industry on November 26 here at Hotel Lalit.   Praful Patel, the Minister ...

SME News, Saturday, Oct 06, 2012
NEW DELHI: India's national carrier Air India bagged its third Boeing 787 Dreamliner, the first aircraft coming out of the new North Charleston facility of the US manufacturer.   Air India Board member KM Unni said, “We are delighted to be the first airline in the world to ...

SME News, Tuesday, Jul 10, 2012
NEW DELHI: FMCG major Godrej Consumer Products Ltd (GCPL) has announced its re-entry into the air care category with a new brand, 'aer'. The company had exited the segment in 2010. It was selling air freshener brand, Ambi Pur, through a joint venture with US-based Sara Lee. The 15-year-old ...

SME News, Monday, Jun 11, 2012
KOLKATA: With the aim to enhance international trade, Centre is planning the extend the benefits that e-commerce platforms in Delhi and Mumbai receive for delivering products outside the country to other areas as well, according to Lalit B Singhal, Joint Director General of Foreign ...

SME News, Tuesday, May 22, 2012
NEW DELHI: The unveiling of Goods and Services Tax (GST) would make India more competitive both in the local and international markets, said Union Finance Minister Pranab Mukherjee. He allso said that its will be helpful in lowering the cascading effect of taxes. Mukherjee also stated that GST ...

SME News, Tuesday, Apr 10, 2012
NEW DELHI: The Department of Heavy Industry has recommended a scheme of worth Rs 2,360 crore for the upliftment of capital goods industry which will in turn reduce the import dependency.   Under the proposed scheme, modern industrial parks and technical support will be offered to the ...

SME News, Wednesday, Nov 02, 2011
KOLKATA: Shoemaker Bata India, is considering to open more than 70 new Bata stores every year and also to renovate the existing stores, as part of its major expansion strategy. Currently, the country's largest footwear retailer Bata India enjoys a large share in the organised sector of footwear ...

SME News, Wednesday, Sep 07, 2011
NEW DELHI: Centre has put forward a recommendation to replace the private sector players IL&FS and IDFC with the state-owned institutions in the Delhi-Mumbai Industrial Corridor Development Corporation (DMICDC), which is an agency which has been established to secure $4.5 billion to fund the ...

SME News, Tuesday, Jul 12, 2011
NEW DELHI: The limited liability partnership (LLP) companies needs to be considered as a corporate body and they are also eligible to become members of the stock exchanges, said the Securities and Exchange Board of India (SEBI). SEBI has further elaborated that LLP have similar characteristics ...

SME News, Friday, May 27, 2011
MUMBAI: Godrej & Boyce, household appliances company, is hoping to bag 25% of the refrigerator market share in the present fiscal. Mr Jayesh Parekh, Assistant Vice-president (refrigerators and microwave), Godrej Appliances, said, “Last fiscal, we grew by 23 to 24% in volume terms.” Presently, ...

SME News, Friday, May 06, 2011
LUCKNOW: The Bangalore-based BPL Techno Vision Private Limited (BTVL), has announced the launch of 'BPL Chirag', a rechargeable Light Emitting Diode (LED) lantern for the domestic rural market. The company has announced the national launch of the product in Uttar Pradesh as the state holds the ...

SME News, Tuesday, Apr 26, 2011
NEW DELHI: Haier, a home appliances & consumer electronics brands, enagaged in refrigerators and laundry appliances has, launched their new range of air conditioners in India. "At Haier, we are dedicated to create and design products which are inspired by our consumers needs. In the recent ...

SME News, Friday, Feb 18, 2011
MUMBAI: MIRC Electronics Ltd. (Onida), an electronics and consumer durables firm, has launched a cricket bonanza for its consumers with exciting offers on its LCD and LED TV variants for the 2011 Cricket World Cup. Onida has introduced a finance scheme called ‘Pay per Inch’ for customers ...

SME News, Tuesday, Feb 15, 2011
NEW DELHI: Sundeep Malhotra, CEO, HomeShop18, an Indian home shopping channel, has been conferred the CEO of the Year Award 2011 at the 7th edition of the coveted Reid & Taylor Awards for Retail Excellence, a part of Asia Retail Congress. HomeShop18 has also been presented with the Retail ...

SME News, Friday, Feb 04, 2011
KOLKATA: A 12 per cent share in the market of air-conditioning has been targeted by Hitachi Home & Life Solutions (India) as the company plans to make its debut in the Indian air-conditioning segment. "We are aiming 10% market share in airconditioners in terms of volume and 12% in value by ...