India Small Business News Round-up – 2009/03/26

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:

  • I won’t withdraw candidature: Congress rebel Vijayan Thomas: He claims he no longer has any business interest in Dubai. “For the past two years I have been here only and I used to have a small business there. It is only news reports that say I am a very big businessman, which is not true.”>
  • Intuit Press Release – Inuit Launches Global Business Division: Brad Smith, Intuit president and chief executive officer, said the division will create indigenous products, both for the Web and for mobile devices, to solve the unmet needs of individuals and small businesses in India and emerging
  • TCS takes ‘recession’ model to Indian SMBs: March 22: Even though India is not in a recession, the optimism among small businesses in the country is at an all time low, global head of small and medium business at Tata Consultancy Services Venguswamy Ramaswamy says.
  • How to keep a small business afloat: If an economic storm has your business taking on water, we provide tips for bailing yourself out.
  • No sops to India Inc: Left: March 24: The Congress Party on Tuesday said that it will strive to maintain economic growth to create more jobs if it again comes to power at the Centre.
  • Nasscom to raise green warriors: Indian IT industry’s lobby body Nasscom says it can motivate the more than two million currently employed in the sector to become ‘green warriors’ — environment-friendly citizens who would spread the green word in our societies and create awareness.
  • Banks fail to pep up SMEs despite RBI efforts: Despite the government and the Reserve Bank of India cajoling and pressurising the banks to lend to the small and medium sector with liberal stimulus packages the flow of funds to this sector is a mere trickle.

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

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