Fighting for survival is not new to the industries of Tamil Nadu. The state and its entrepreneurs are known for their resilience. DEBATES MAY CONTINUE over the right and wrong of extending the lockdown. The country faces an unprecedented crisis: factories, offices, wholesalers, retailers and service providers have all been shut
Cheer on cheap gas prices
The big crash in the prices of crude oil and natural gas will bring humongous savings in India’s import bill. The country’s oil imports were estimated at 225 million tonnes (MT) in 2019-20 and import bill on petroleum products at $105 billion. In the coming year FY21, there can be
Need for finality for Supreme Court verdicts Should telcos get 20 more years?
More than the other arms, judicial reforms require the utmost attention. The judicial system should endeavour to clean up the mess it has created by offering the scope for timeless litigation. It should work to set timelines for disposal of fresh cases and simultaneously clear the backlog. For long, IE has
Chennai: India’s tyre production hub
The presence of vehicle makers and port connectivity make the state the perfect choice. Last month, TN Chief Minister Edappadi Palaniswami inaugurated CEAT Tyres’ new manufacturing unit near Sriperumbudur. It will be CEAT’s sixth factory in India and is expected to help the company serve incremental orders in the car and two-
Ideals in intelligence
Exploring the relevance of ethics in intelligent systems used in the financial services industry Artificial Intelligence (AI) has given the banking and financial services industry whole new ways of delivery. Consequently, we are witnessing the dramatic rise of the fintech industry today. One would assume that this would improve efficiency and
Thank God! Rahul Bajaj is not asking for a buffer stock of autos
Walmart still at the top
Fortune magazine’s listing of the world’s largest companies underscores how Chinese companies are surging ahead. These have been growing bigger and are rapidly spreading their operations across the globe. This change has been taking place over the last decade and a half. For a couple of decades, American companies dominated the
A horse, a horse, my kingdom for a horse
SHOULD INDIA IMPORT NEWSPRINT?
India needs a vision and a long-term strategy to help any segment to emerge globally competitive with a large volume of production. Sugar mills can create capacity for 3 million tonnes of newsprint, based on bagasse. This can make India a large producer with competitive price advantage. The budget has
