Ecostar Editor Mag – Page 9

Kerala`s messed-up freedom of speech

Ecostar Editor MagNovember 27, 20202015 Views0

Authoritarian mindset and control on the PressRulers with the authoritarian mindset and authoritarians themselves come and go. They censor free-Press and anoint their spectres as the ambassadors of the Press to cover up their scandals. Long after the authoritarians vacate their seats, the civilization of the free speech stays alive to be the central pillars of the democracy. The passage of the ordinance in Kerala that was supposed to give the constabulary an extra power and driving the same into a dustbin within hours, shows an aborted attempt of an authoritarian mindset of the Marxist leader. The apostles of freedom of expression and cardinals of free Press were misled by the evasive Chief Minister of Kerala. It is virtual freedom at midnight. No joke, the Press in India is se...

News Flash

Beware of illegal foreign job recruiting agencies, warns Dr. Suresh Kumar Madhusoodanan

Ecostar Editor MagNovember 26, 20202101 Views0

Indian workers need better training. Skills training and training for language proficiency will determine the potential of overseas job opportunities in the years to come, said Dr Suresh Kumar Madhusoodanan, former General Secretary of the Personnel Export Promotion Council and Managing Director of the Seagull Group of Companies. He was speaking at a seminar organised by the International Organization for Migration on the challenges faced by Indian migrant workers’ in skilling and missing opportunities. There are about 15 million Indian job seekers moving abroad every year. Out of which, 7.5 million are legal and 3.5 million are illegal job seekers. The remaining 4.5 million job seekers are dependent on foreign jobs, he pointed out. Of the total Indian migrant workers only l...

Covid-19

Covid-19: count and estimates

Ecostar Editor MagNovember 18, 20202692 Views0

Covid-19: count and estimates Who is afraid of the virus? 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. India has become the world's worst Covid-19 hit after hitting the million-mark on 18th September. Unless we stop the newly fashioned toll count, Covid19 pandemic is not going to go away so easily, even though people have begun to take it slightly, says Sajikumar, who has just completed the manuscript of his second book that is on Covid-19 pan...

MSME

MSMEs` never-ending payment crisis

Ecostar Editor MagNovember 18, 20201970 Views0

PSUs must blacklist delinquents in MSMEs` payment 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 There are millions of small and medium enterprises operating in our country. One of the grievances most of them have is payment recovery of their dues from large players. Every government promise would only be superficial for most small companies if a stricter law fo...

MSME

Mazagon Dock Shipbuilders

Ecostar Editor MagNovember 18, 20202121 Views0

Focuses on indigenisation 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. Incorporated in 1934, Mazagon Dock Shipbuilders (MDL) has built 796 vessels, including 25 warships and four submarines. It is the only shipyard capable of building destroyers and conventional submarines. INS Kolkata, INS Kochi, INS Chennai, INS Kalvari, INS Khanderi and others have been delivered by MDLin the last five years. In order to give an impetus to the 'Make in India campaign, a dedicated department of indigenisation was set up in November 2015 along with a road map for indi...

MSME

Goa Shipyard

Ecostar Editor MagNovember 18, 20201886 Views0

Widens business base 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 BEL for composites and exports of defence products. Goa Shipyard (GSL) has made significant inroads into the global market with the export of diverse vessels to the Indian Ocean Region (IOR) Countries. Till date, the shipyard has exported 36 vessels and a Damage Control Simulator to friendly foreign countries. These projects were delivered ahead of schedule. The Company's superior quality ships received accolades at the highest levels. Its dominance in exports is evident from 15 overseas deliveries made in the last four years including two large Offshore Petrol Vessels to Sri Lanka, Mauritius and Myanma...

MSME

Hindustan Shipyard

Ecostar Editor MagNovember 18, 20202112 Views0

Sign of growth 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. Its revenue from operations (VoP) has increased year-on-year during the last four years. HSL has achieved a VoP of `595 crore, operating profit of `68.08 crore and profit after tax (PAT) of `36.23 crore during FY2018 -19. The PAT has increased by 73% during FY 2018-19whencomparedwithprevious year. HSL has turned around in securing orders in the competitive bidding process. HSL has emerged as the lowest bidder (L1) in the competitive tendering process for 3 tenders during the FY...

MSME

Garden Reach Shipbuilders & Engineers

Ecostar Editor MagNovember 18, 20201649 Views0

Quick response to orders GRSE has the distinction of delivering more than 100 warships to the Indian Navy and Indian Coast Guard. With an excellent track record in ship deliveries, GRSE delivered 11 warships within 32 months. Garden Reach Shipbuilders & Engineers (GRSE) has a significant presence in the segment of Bailey Bridges, with Border Roads Organisation (BRO), Indian Army and civil sectors being the prime customers. GRSE is exporting such bridges to friendly neighbouring countries like Bhutan, Nepal, Myanmar and Bangladesh. GRSE has the distinction of delivering more than 100 warships to the Indian Navy and Indian Coast Guard. The last ship of P-28 project namely Kavarattiis scheduled for delivery to the Indian Navy shortly. With an excellent track record in ship deli...

Capital Market

Anand Mahindra to fund AhaGuru: Online education boom

Ecostar Editor MagNovember 17, 20201835 Views0

Online education has been thriving on pandemic induced lockdown. That is a big bet at least for some times. Covid-19 has killed a large number of industries and a much larger number of companies. However, some industries could survive and some segments would find new opportunities. Online learning industry is one such segment that has suddenly found an opportunity to grow. In fact, it is the major beneficiary of the lockdown. As some players have set to grow, they started attracting new investment interests.AhaGuru is one of the examples. A pioneer in online learning, AhaGuru has raised an undisclosed amount of funding in a Series A round from Anand Mahindra's family-office led investment firm. The funds will be used to develop new technology features and online courses for high sc...

Capital Market

Impetus Arthasutra: Taking Care of Investors` Interests

Ecostar Editor MagNovember 17, 20202705 Views0

None knows the Indian capital market and character of investors investing in India better than a wealth management company of over two and a half decades. PR Dilip, who has seen the legacy and evolution of the Indian capital market in close quarters through more than two and a half decades, is one of the most experienced wealth managers in India. His major strength lies in his understanding of investors psychology, their anticipation, risk-tolerance, risk digestibility, types of their future needs and nuances of various asset classes. That was on a Thursday, December 1, 1994, P R Dilip, who holds a Bachelor degree in Mathematics and an MBA in Financial Management & Asset Management founded Impetus Wealth Management. On the Vijayadashami day, this year he renamed it Impetus Arthasut...