Here is this week’s news round-up for home business, micro business, sole-traders, freelancers, self-employed and any one who is interested in small business news from India:
- Big biscuit makers nurture nutritious cookies: As consumers bite into biscuits, small firms are biting into large manufacturers, aided by cut-price strategies. Is the cookie crumbling for big boys like ITC and Britannia? Not quite, because they are fortifying their defences with high-profit-margin biscuits aimed to please health-conscious customers and brand-conscious young urban professionals.
- Intel plans Rs 5,000 computers: Intel Corp, the largest computer chip maker, announced on Thursday it would launch its low-cost computing devices to further penetrate the computer market in India. The company plans to target first-time computer users in India to drive its growth on the low-margin-high-volume business model.
- 3G spectrum auction by Oct; services may start this year: New Delhi (PTI): Telecom Minister A Raja on Thursday said the auction process for 3G spectrum would be completed by October-end and services could start by this year itself.
- Bharti unveils Rs 200 – cr fund to promote telecom innovation: Telecom major Bharti Airtel launched a Rs 200-crore innovation fund for promoting entrepreneurship in the telecom sector.
- India gets worse for doing business: Doing Business in India is not easy, and the recent Forbes report suggests that it is getting even tougher ! India is ranked at lowly 64, a fall of 13 places over last year.
- Now Windows based laptops for 14,999 and Desktop for 11,999: Computers are getting cheap, really cheap. Zenith, the second largest PC maker in India has come out with Windows based (either Vista starter or XP home edition) Laptops for as low as Rs. 14,999/-. These will undoubtedly the lowest Windows based laptop in India, if not world. These cheap yet trendy laptops will are names Zenith Ecostyle. Windows basedDesktops are also prices very attractively at Rs. 11,999/-
As always this list is not exhaustive, but I hope it will give you a little overview. — ST.