The Micro, Small and Medium Enterprises (MSMEs) sector’s growth and employment generation capacity is high. In the last fiscal, it grew about 11% and increased employment by 14%. Its contribution to the export market is also considerable. At times, many MSME units go in for innovation of products....
Wellness tourism is a term used to describe the rapidly growing practice of travelling across international borders to seek wellness medical services. India has an advantage here due to its indigenous healthcare practices as well as its reduced cost and availability of healthcare alternatives like N...
Grounding of East West (1996), Damania (1997), Air Sahara (2007), Air Deccan (2007), Paramount (2010), Kingfisher (2012), and now Jet Airways may have different reasons but they commonly point out that the aviation sector is cyclical in nature. Although, small airlines fail to draw much attention, b...
iQuippo, a Kanoria Foundation initiative, organised Paison Ki Nilami, a mega simulcast auction of interest rates for facilitating financing of infrastructure equipment that witnessed participation from more than 20 original equip-ment manufacturers and 1,100 equipment owners.The auctioning event, co...
The medical devices market in India is showing promising signs of growth. Medtronic, a leader in medical technology, services, and solutions, started its operations in India in 1979. As the company celebrates the fortieth anniversary of its Indian operations, BE’s Saptarshi Deb spoke to Madan Kris...
Arvind Lohi assumes charge as Zonal Head, Kolkata Zone of Bank of BarodaArvind Lohi has taken over as the Zonal Head, Kolkata Zone of Bank of Baroda. Post amalgamation of Dena Bank and Vijaya Bank, the zone is now having 467 branches spreading across 10 states and Union territories. Prior to joining...
Allahabad Bank opens 43 Kisan Pragati KendrasAllahabad Bank has launched project “NAVODAYA” encom-passing several customer centric initiatives. One of these is establishment of “Kisan Pragati Kendra” (KPK) for hassle free processing and sanctioning of high value investment credit to boost th...
Major players from the steel industry have approached the government to auction iron ore mining licences which are currently held by private miners. Licences for 334 mines, out of which 33 working iron ore mines with an annual production capacity of 55 million tonnes (MT), will expire in 2020 and ma...
The specially branded Steel Express had its inaugural run from Tatanagar marking the year-long centenary celebration of Jamshedpur. Through this branding initiative, the Steel Express, which will run between Tatanagar and Howrah, will exhibit the legacy, culture, and journey milestones of the steel ...
Will the falling automobile sales trigger an economic recession? First the US and now the European Union (EU) are facing the same problem. Automobile sales across the world are declining.Nearly every major automaker in the US reported weak sales for the first quarter of 2019. Rising vehicle prices a...
