The warehousing show | Logistically efficient
The process of warehousing evolved from just simple storage of goods into a scientific process based on storage, consolidation, product mixing, contingency stock holding, goods protection
Inter Ministerial Group meets on 10th June to discuss on 61 coal blocks
The Inter-Ministerial Group (IMG) on coal blocks under the Chairmanship of Additional Secretary coal will meet on June 10 to discuss the issue of bank guarantees related to 61 mines allocated to companies like Tata Steel, Jindal Steel and Power and ArcelorMittal. In February, 2014 based on the IMG recommendation, the Coal Ministry decided to deallocate around 30 coal of companies like JSPL, ArcelorMittal and Sterlite Energy for delays in developing the mines for captive consumption
Claims in project delays
Delays are a common phenomenon in infrastructure projects. Prachi Manekar analyses the rights of contractor when these are attributable to the employer or client.
Multiple efforts to facilitate lending will energise SME finance
India's SME sector has confidently managed a consistent growth of 40 per cent during a period of major slowdown all around. However, as RK Das, Country Head, SIDBI, explains to RAHUL KAMAT that finance is the single major issue that the sector is confronted with.
BANKS FINALLY EYE SMEs
Although small and medium enterprises (SMEs) are synonymous with inclusive growth as they support low-cost businesses and generate employment, they contribute a miniscule proportion to the overall GDP. As business sense goes, more than 150 units show intention to set up their business each month. Though the credit exposure of centralised and private banks to SMEs.
Sunrise at sunset?
JSW Steel is hiking its steel prices next year by up to Rs 1,000 per tonne, and others are rumoured to follow suit. So, as the year draws to a close, is hope lurking around the corner for projects? As I write the last editorial of the year, some indicators appearing on the horizon could be exactly what the doctor ordered: price hike in steel.
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