India Small Business News Round-up 2008/12/11

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:

  • CoS to help SMEs New Delhi, Dec. 8: A day after the stimulus package was announ-ced, the Prime Minister, Dr Manmohan Singh, on Tuesday directed the Committee of Secretaries (CoS) to consider helping small and medium enterprises which employ over 42 million people and are vulnerable to the global slowdown.
  • PM assures small and medium industry of continued support: New Delhi, Dec 8 (IANS) Prime Minister Manmohan Singh Monday assured micro, small and medium enterprises (MSMEs) of the government’s support to weather the global financial crisis.
  • Viking Direct/Office Depot and WinWeb Announce Exclusive Strategic Alliance to Help Small Business: Leicester / London (UK), December 2, 2008 Viking Direct – part of Office Depot, a leading global provider of office products and services – together with WinWeb, the leading on-demand small business infrastructure provider, announced that they have entered into an exclusive strategic alliance to provide Viking Direct’s small business customers with access to WinWeb’s OnlineOffice™ product.Viking Direct has been granted exclusive rights by WinWeb to offer OnlineOffice™ in the office supplies sector in the UK.
  • Post-economic package, bankers to review rate cut for housing, SME sector!: the Indian Bank Association is meeting on Thursday to review interest rate cut for housing and SME sector.
  • World SME Conference 2008: The conference is positioned as a platform for bringing together specialist organizations in the field of Micro, Small and Medium Enterprises.
  • ‘Tie”-up your biz plans in hard times: Dec. 9: Difficult times call for sensible advise. All the better if it comes from the who’s who of the industry, people who have seen the ups as well as the downs.
  • Netmagic ropes in vendors to service small, medium units: Bangalore, Dec 10 (IANS) Managed IT services provider Netmagic Solutions has entered into strategic alliances with four independent software vendors (ISVs) to meet infrastructure and data centre requirements of small and medium businesses (SMBs), the company said Wednesday.
  • Niche products seek to ride SaaS: Dec. 10: The idea that businesses don’t necessarily have to own software applications, keep them on company servers, and employ people to run them is picking up. In the fast-growing world of Software-as-a-Service (SaaS), companies — especially small and medium businesses — are increasingly subscribing to business software, rather than buying them as shrink-wrapped products. And that’s attracting new players with niche offerings.

As always this list is not exhaustive, but I hope it will give you a little overview. — ST.

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