February 2011 – Page 2 – News Developments

Know About Small Business in India

February 8, 2011February 8, 2011 - by Gavin Moodie

According to the Indian Franchise Association, about 95% of the industrial units in India are Micro, Small and Medium Enterprises (MSME). A growth of 4.1 per cent was observed annually producing thousands of products. It was found that in 2006-07, there were about 128.44 units of MSMEs. The contribution of the MSME sector to the GDP of the country was found to be 8 percent. According to estimations of UNIDO, about 90 percent of all …

SMB's

Indian Small Businesses Boost by eTailing

February 8, 2011February 8, 2011 - by Jayden Attard

The advanced wave of retailing called ‘e-tailing’ was one of the solutions started by retailers. E-tailing is nothing but selling of goods on internet. It can be synonymous with business-to-consumer transaction. E-tailware includes software tools for creating online catalogs and managing the business connected with doing e-tailing. Many big retailers set up stores across the country as they have enough money. But a small business cannot have many stores. In order to increase the sales …

Business

Ford Posts Quarterly Profit in 2010

February 7, 2011 - by Dylan Thurston

$2.1 billion quarterly profit in April was posted by the Ford Motor Co. This made the company to have a solidly profitable 2010. The second quarterly profit in July was estimated to be $2.6 billion. This was reported to be the fifth consecutive quarterly profit for the company. The sales and market share in the United States has been increased by Ford and it has been gaining momentum since then. During the first quarter the …

Business

Detroit Auto Show Conducted for MINI Beachcomber

February 7, 2011 - by Adrian Fisher

MINI presented a a thrilling range of models of motoring at the Detroit auto show. Various visions for individual mobility in the future world were exhibited at the 2010 North American International Auto Show (NAIAS) in Detroit. It offered an outlook at a future model from MINI. The highlights characteristics of the vehicle are four seats each having own door, overall length of more than four meters or 158” and four-wheel drive. Ultra-clean and efficient …