Tuesday, August 11, 1998
Alert to banks
The Reserve Bank's reported decision to permit the commercial banks and term lenders to reschedule debt servicing obligations of industrial borrowers has come not a day too soon. The recession is now in its fourth year.
Marico needs new strategies
Brand building has paid rich dividends to Marico Industries. The company derives nearly 50% of its income from the sale of coconut oil. It was not satisfied with merely selling its coconut oil in loose at the retail level.
Road planning ridden with potholes
The Indian road network stretching 2.1 million kilometers, crisscrosses 3287300 square kilometers of the sub-continent. Despite being the third largest road network in the world, this fragile web is unable to grow with the economy.
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