Bishnupriya Manipuri Online

Courtesy: Sourcing Electricals & Lighting  New Delhi-based Candela Lighting Systems Pvt Ltd, a company that specialises in LED lighting solutions for architectural lighting, plans to expand operations in the country’s western region in 2011. “We would like to appoint projects-centric distributors in Mumbai, Pune and Indore by next year. The dealers must be connected to prestigious architects and interior decorators, as they play a critical role in interior lighting projects,” informs B N Sinha (info.candelalighting@gmail.com), joint director of the company. Candela has a wide range of products to offer, including downlighters, track lights, spot lights, cove lighting and linear LED strips for interior applications and inground up-lighters, facade flood lamps and IP68 approved under-water LED lights for exteriors. And to market these, Candela has distributors in Delhi, Bangalore, Kolkata, Kanpur, Chandigargh and Himachal Pradesh. It is now looking for more distributors in wes...

News Micro, Small and Medium Enterprises (MSMEs) incorporating IT products should always go for open architecture-based products and not for proprietary one, said Ravi Bharadwaj, General Manager, SMB, Dell India. In addition, the MSME units should also consider energy and power factor while taking a decision on the adoption of Information Technology in their workplace, he said while speaking in a conference on 'How to Use IT Smartly: To Cut Costs and Win Markets' in New Delhi on September 4, 2009. Explaining the future of cloud computing in the IT sector the world over, he said that by 2010, 80 per cent of the Fortune 1000 companies would switch over to the new concept “cloud”. Now when the one-third of the SMEs are in the Asia-Pacific region and which is expected to grow to 500 million units by 2015, Ravi Bharadwaj said that the MSMEs shouldn’t go by the prevailing myths that IT is complex and expensive, rather it should embrace it as a “basic level of enabler”. Today is Thank...

E-WORLD By RK Rishikesh Sinha, New Delhi Among the many sweet reasons for which Delhi is wooed the world over, the biggest is the array of food delicacies and myriad cuisines that it pans out for food freaks. Whether it is hot sumptuous aalu tikki, lacchedar paratha, butter chicken , or the frosty lassi , to name a few - the city has more to offer than perhaps any other city of the country. Born, brought up and living in Nizamuddin East, a historical residential colony by all standards and a Mecca for Mughlai food-lovers, for Ravi V. Chhabra, it came very natural to delve into the food and beverages sector. He worked for India’s first Alcobev magazine called Ambrosia in 2001 and did many path-breaking stories on Indian government’s vexed excise policy, beer companies and about the alcohol trade. In 2005, he decided to occupy a space in the cloud with the launching of www.fnbworld.com . Ravi V. Chhabra, who has worked with many international national publications as a full-time journa...

Today is Imsha Imsha (Wednesday) NEWS In a glittering event in New Delhi today, Dinsha J Patel, Minister of State of the Micro, Small and Medium Enterprises (MSME), inaugurated the launch of the NSIC Business-to-Business (B2B) website to facilitate e-commerce in the sector. The launch saw participation of the industry captains, geographical and sectoral SME Associations, and Government officials. The website www.nsicindia.com will go a long way in the marketing of products and services, identifying the quality of the products, sourcing of the raw material, for the small and medium enterprises of the country, said the Minister. Explaining the role the MSME sector plays in the Indian economy, Dinesh Rai, Secretary, Ministry of MSME, said it contributes 45 per cent of the industrial output and 40 per cent of the total country’s exports. He said from the 800 reserved items in the MSME sector, it has come down to 21 items in the present time. P Dey, DGM, NSIC, elucidated the features of the...

Today is Shakolsher (Thursday) The launch of picsite.co.in by Amit Singha has created a new medium for his photographs to reach new destinations. “In my profession, website is no more a luxury thing that you can boast of, but has become a necessity in this digital age,” Amit Singha said explaining the logic behind his move to conquer an online space in the Internet. The Delhi-based photographer has been the hand behind many commercial endorsements. His photographs have been the visual representation of many corporates’ identity. Take Cleartrip.com, many of you might not be aware that, all the photographs of the hotels of this group in Delhi and NCR have been captured by Amit. Not enough! The click-happy Amit’s photographs have been endorsing India in national and international tourism sector. His photographed many images of India, the magnificent India, for the Incredible India! initiative. The Incredible India! is Government of India’s initiative to showcase the rich diversity ...

New Delhi, July 28 – The northeastern states of India is endowed with natural and geographical potential and it must be tapped to the fullest in increasing trade and opportunities among Southeast Asian countries, said Yous Makana, Ambassador of Cambodia to India, in a summit here. Speaking on a summit addressing the trade opportunities for the micro, small and medium enterprises (MSMEs) in new markets of ASEAN and African countries, Makana said, “northeast of India is goldmine for generating electricity” and its geographical proximity to the southeast Asian countries should be looked into. She welcomed the Indian small and medium enterprises to explore the Cambodian market for investment especially in the SME-intensive areas. She opined that Information Technlogy is one of the important sectors which can strengthen the trade between India and Cambodia. “India should no longer forget Cambodia. India and Cambodia can strengthen their trade opportunities in Information Technology (I...

Today is Erei (Friday) By RK Rishikesh Sinha, New Delhi Henryy & Dolby When the economic slowdown was on its zenith point and entrepreneurs world over were feeling the pinch of the slowdown, young Turks Henryy Sinha and Dolby were busy finalizing the nitty-gritty of their new enterprise Henryy& Dolby Motion Pictures. Henryy& Dolby Motion Pictures is India’s first Profile filmmakers, claims Henryy Sinha and Dolby to their new venture. Like many new entrants into the world of business the top guns would be concentrating on multiple verticals of business. The Henryy& Dolby Motion Pictures will be concentrating on making films on Profiles, Corporates, and on such social issues which need urgent attention, said the partners explaining the areas where their baby-project would be venturing into. Both the partners, Henryy Sinha and Dolby affirm that they also intend to cover and promote the Indian Rock Bands. How a Bishnupriya Manipuri Henryy Sinha and a Punjabi munda Dolby hav...

(The article was first published in the SME TIMES, a prestigious SME news portal, on July 4, 2009. The site draws over 25, 000 visitors per month.) RK Rishikesh Sinha A recent MSME lobby poll has revealed that access to credit for MSMEs has not improved even after the announcement of the two stimulus packages. Around 70 percent respondents agreed that the two stimulus packages have not helped them much, while 81 percent witnessed slump in their domestic sales in the last quarter of 2008-2009. In the export front, 74 percent respondents accepted there has been drop in exports in the same duration. To the question: Do you expect the government to announce new packages for MSMEs? Out of 100 MSME participants, 78 percent said they do expect the government will doll out special packages for them. Like many small and medium enterprises of the country, Bangalore-based Ascent Consulting Services Pvt Ltd has not seen any improvement in the credit facility on ground after the government came out...

India Business In a recent amendment to Income-Tax Rules, delayed payments to MSEs will incur payment of interest at 18 % per annum compounded annually; in addition it will entail liability to pay income-tax on such interest. “Delayed payments to MSEs will not only entail payment of interest to the affected MSEs at 18% p.a. compounded monthly (effective rate 19.56%) but will also entail liability to pay income-tax (at as much as 33.99% presently) on such interest, which is inadmissible as expenditure deductible from taxable income,” reads a notification released by the Ministry of Finance, Government of India.  The decision would assuage millions of small and medium enterprises who have been facing payment default to their services.  According to Micro, Small and Medium Enterprises Act, 2006, manufacturing enterprises which investment in equipment is up to Rs 10 lakh are Micro, above Rs10 lakh and up to Rs 2 crore are Small; above Rs.2 crore and up to Rs. 5 crore are Medium.  Manufactu...

Click away T hanks to the launch of the web portal www.pgportal.gov.in by the Department of Administrative Reforms And Public Grievances, a nodal agency of the Government of India, people can now redress online their complaints pertaining to various Government’s Departments and Ministries.  The Departments and Ministries that have been brought under the ambit of this people-centric initiatives are: Railways, Posts, Telecom (including the Bharat Sanchar Nigam Limited (BSNL) & Mahanagar Telephone Nigam Limited (MTNL)), Urban Development (Delhi Development Authority (DDA), Land & Development Office (L&DO), Central Public Works Department (CPWD), etc), Petroleum & Natural Gas, Civil Aviation (Air India, Airports Authority of India, etc), Shipping, Road Transport & Highways, Tourism, Public Sector Banks, National Saving Scheme of Ministry of Finance, Employees' Provident Fund Organization, Regional Passport Authorities, Central Government Health Scheme, Central Boar...

By RK Rishikesh Sinha, New Delhi T his is what an entrepreneur Biswajit Sinha has to say when his venture Eastern Television went bankrupt in the mid 80's: I was perplexed for quite some time. I was not sure whether it was a right decision to start a venture at Silchar, Assam, after leaving a job in Delhi. As it was not possible to start any venture in Delhi without having a financial base, I opted for my home town. But eventually I was bankrupt. Though I did assure my bankers that I would return the money in due course of time, the bank had no option but going to court; there I expressed my desire to return the money. The bank, of course, negotiated and asked me to pay the principal amount in installments within a span of 1 year, which was made after I joined for the same job I had left. Below are the excerpts from the book: Towards Establishing Modern Insolvency and Bankruptcy Codes for Small Enterprises in India The record-breaking entropy in the financial market has had its cas...

For Indian software outsourcing companies, electronic information products manufacturers and talents’ training service provider, here is a golden opportunity to do business in China. A high-powered Chinese delegation from Guangxi Province is visiting India to engage Indian companies in these sectors.  The 18-person delegation consists of 10-top Chinese companies and 2 Government officials. They will be visiting Mumbai (March 26, Hotel Park Plaza Royal Palms, Goregaon), Delhi (April 2, Jacaranda Hall, India Habitat Centre) and Kolkata (March 27, Hotel Hindustan International, A.J.C. Bose Road).  If you are interested, please send your request at rajkumarrishi1@gmail.com Note: Prior registration is required. Please subscribe to the blog: receive email. Get Free alert on your mobile! Click here . Subscribe: Bishnupriya Manipuri E - World English Grammar

With all the focus in the outsourcing industry, there has been an intense scrutiny over the sustenance and credibility of it. You can hardly ignore the gripping that the same youth is getting into. A thought of where do I see myself 5 years down the line? Is the industry going to be in there for a long time, what will I do afterwards? All of that. In spite of his happy present, his thought process is limiting and cannot see beyond . By Prabal Atreya The buzzword Outsourcing today needs no introduction among the average Indian Youth. We see other synonyms in the form of Call Center, BPO, KPO, LPO etc. An average graduate looks out for one of these as soon he steps out of college. He brings along a fat salary in the first month itself, quite unheard of during the previous generations. Suddenly, he/she belongs the most suited son/daughter, boyfriend/girl friend, husband/wife. In comes a lifestyle, where black and white is just a color, gadgets became a must-have, shopping experiences were...

Reprinted by By RK Rishikesh Sinha, New Delhi Last year among all the sectors that were badly hit by the squeezing of the global vis-à-vis the Indian economy, it was the textile sector. Its probable impact on the sector could be gauged from the fact that the government had to send a Save-Our-Soul message to determine the impact of job loss in this sector, followed with not one but two consecutive fiscal stimulus packages.  Its irony that this has taken place on a sector that till July, 2008 was eulogized as a "Sunrise Sector", that will engage 17.37 million people alone up to 2012. However, coming to the end of the year 2008 it started showing the symptoms of a "Sunset” sector.  The contribution of textile sector, according to the annual report 2007-08, is 14 per cent to industrial production, 4 per cent to the GDP, and 17 per cent to the country’s export earnings.  The roller-coaster ride of the sector in the last fiscal came with the drastic erosion of its cost competi...