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Ecostar Business > Articles by: Ecostar Editor Mag

Covid-19: count and estimates

By mid of September, India’s Covid-19 caseload crossed a million mark. Ever since, the world’s worst hit India’s large population began to endure it fearlessly. One and half months later, the caseload shrunk nearly half, even when daily new cases are in thousands. Where did that secret rapid-recovery magic come from?, asks Sajikumar, who is authoring a book on India’s Covid-19 trials.

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MSMEs` never-ending payment crisis

Public Sector Units (PSU) must blacklist all contractors and sub-contractors who are delinquent in timely payment to MSMEs. Socially responsible PSUs should own up the responsibility of payment to MSMEs even if such MSMEs happened to work in their sites on indirect sub-contracts. While signing a contract with a large company, PSUs must also reserve a right to make direct payment to MSMEs, in case the direct contractor fails to make timely payment to their sub-contractors

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Mazagon Dock Shipbuilders

The MDL has indigenised equipment likes on ardome, ship installed chemical agent detection system, bridge window glass, main batteries for Scorpene submarines, multiple cable transit glands and remote-controlled valves with various companies on a no-cost no-commitment basis.

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Goa Shipyard

GSL has signed MoUs with NBCC for Project Management Consultancy, with L&T to jointly produce defence equipment for both domestic and export market, with BELfor composites and exports of defence products.

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Hindustan Shipyard

With best productivity measures and improved morale, Hindustan Shipyard (HSL) has undergone a major turnaround by achieving operating and net profit for the last four consecutive years (FY2015-16 to 2018-19) after a gap of 65 years without any financial assistance or grant from the government.

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