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Majority of SMEs qualify for restructuring says Crisil

Majority of SMEs qualify for restructuring says Crisil SECTIONS Share Synopsis Last fiscal, a third of these SMEs had cushioned their liquidity by availing of the RBI mandated six month moratorium on bank loans. Later a bounce back in demand helped in recovery which had limited the number of companies that had opted for restructuring under the first restructuring window that ended on March 31 2021. About 97% or 3400 of the 3500 small and medium enterprises (SMEs) rated by Crisil qualify for the Reserve Bank of India s (RBI) latest restructuring window as they are still standard accounts as of March 2021, the rating agency said.

Rahul guhaReserve bankராகுல் குஹாஇருப்பு வங்கி

Consulting firms unaffected by Covid, on a hiring spree

Consulting firms unaffected by Covid, on a hiring spree SECTIONS Share Synopsis Even as a rising second Covid-19 wave sweeping across the country has prompted several companies to go slow on their hiring plans, companies like McKinsey, BCG, PwC, KPMG, Grant Thornton, and EY said they are hiring significantly across levels and functions. Getty Images “We hired about 120 people from B-schools and are on the path to hiring an equal number laterally this year,” said Brar. Large strategy consulting and professional services firms in India are ramping up hiring across levels as the need for consulting support among companies across sectors navigating the widespread disruption caused by the pandemic is at an all-time high.

Padmaja alaganandanJaidit brarSandeep kohliRahul guhaNm collegeChrist collegeGrant thorntonPwc indiaசந்தீப் கோஹ்லிராகுல் குஹாந்ம் கல்லூரிகிறிஸ்து கல்லூரிமானியம் தோர்ன்டன்பவ்க் இந்தியா

India: Ship-Breaking Industry s Revenue To Rise By 10 % This Fiscal, Says Crisil

India: Ship-Breaking Industry s Revenue To Rise By 10 % This Fiscal, Says Crisil
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

Hong kongNeha sharmaRahul guhaEuropean unionHong kong international conventionUnion budgetShips actAssociate directorஹாங் காங்நேஹா ஷர்மாராகுல் குஹாஐரோப்பிய தொழிற்சங்கம்ஹாங் காங் சர்வதேச மாநாடுதொழிற்சங்கம் பட்ஜெட்கப்பல்கள் நாடகம்இணை இயக்குனர்

Domestic ship-breaking sector s revenue to grow by 10% this fiscal: Crisil

Domestic ship-breaking sector s revenue to grow by 10% this fiscal: Crisil According to the report, a plunge in global trade due to the COVID-19 pandemic weighed on sea freight, hurting viability of shippers and making more vessels available for dismantling at cheaper rates PTI | March 15, 2021 | Updated 16:13 IST The domestic ship-breaking industry s revenue is expected to see a 10 per cent year-on-year increase this fiscal due to improved availability of condemned vessels and higher rates for steel scrap, ratings agency Crisil said on Monday. Further, with India enacting the Recycling of Ships Act, 2019, and joining the Hong Kong International Convention (HKC), which sets the standards for ship recycling the move has bolstered the country s leadership position globally, it said.

Hong kongNeha sharmaRahul guhaEuropean unionHong kong international conventionUnion budgetShips actAssociate directorIndia ship breaking industryIndia ship breaking sectorIndia ship breaking industry revenueIndia ship breaking sector revenueSteel scrapCondemned vesselSteel scrap ratesHigher steel scrap rates

Domestic ship-breaking industry s revenue to rise by 10 per cent this fiscal, says Crisil

Domestic ship-breaking industry s revenue to rise by 10 per cent this fiscal, says Crisil
newindianexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newindianexpress.com Daily Mail and Mail on Sunday newspapers.