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
Industry and Commerce need separate technocrat ministers
There is a need for a re-look at burdening a brilliant and effective cabinet minister like Piyush Goyal with multiple heavy portfolios. ‘Railways’ is a busy portfolio. Suresh Prabhu was spending a lot of energy and initiative in revamping Indian Railways. Unfortunately, due to a spate of accidents, he was moved
The small step that proved a giant leap
The present efforts at consolidation of the PSBs, merging them to larger sizes, and the resort to technology and digital cashless transactions could mark another quantum jump in banking practices. Bureaucrat G Ramachandran in his Memoirs, Walking with Giants, reminisced on the trigger for bank nationalisation: in the late 1960s as
Philippines: so near yet so distant!
Size and speed matter
The budget: Should have opted for a higher fiscal deficit to stimulate growth
We’ll all be impacted by AI
AI denotes a broad umbrella of hardware and algorithms encompassing machine learning as its subset, which, in turn, has deep learning as its subset. In 2016, Sundar Pichai declared that the next 10 years would see a world ‘that is AI first.’ In simple words, AI is the simulation of human Intelligence
A win-win collaboration
The expertise built by TVS over the last seven decades in the transport sector, notably in spare parts distribution and servicing, combined with MC’s global reach, could indeed be a win-win collaboration. TVS Automobile Solutions Pvt Ltd (TASL) is joining hands with Mitsubishi Corporation (MC) of Japan. MC will help TASL
TCL, now a chemical only Co.
The cyclone Vayu was earlier predicted to land on the west coast between Dwarka and Porbunder on 14 June. This landfall point was directly west of the Tata Chemicals’ extensive salt pans and chlor-alkali facilities at Mithapur coast. Remember, Tatas account for nearly two-thirds the sale of packaged salt sold
Murugappa to launch a housing finance subsidiary
The southern industrial conglomerate, Murugappa Group, recorded a 12 per cent growth in turn over and EBITDA through 2018-19, with revenues at Rs 36,893 crore and EBITDA of Rs 5190 crore. The conglomerate has been engaged in financial services including insurance, fertilizers, sugar, bicycles, auto parts, and abrasives. This diversified
