GSL CMD says the PSU has managed to create new benchmarks and the build-timelines have become a new normal for the industry
GN Bureau | October 15, 2018
Goa Shipyard Limited, CMD, Rear Admiral (retired) Shekhar Mital said that GSL’s revenue has moved up by 32 per cent from Rs 1,102 crore in 2017 FY to Rs 1,452 crore in 2018 FY, while operating profit has moved up from Rs 131 crore in the previous year to Rs 252 crore, posting a growth of 92 per cent.
He highlighted the enterprise has managed to create new benchmarks and the Build-Timelines have become a new normal for the industry.
At the outset, for those who are not familiar with the nomenclature ‘Hindu Rate of Growth’, it refers to the low economic growth in post-independent India till the 1990s, when several economic liberalisation measures were undertaken. Till the 1990s, the growth rate was around 4%, which accelera
As India faces increasing threats from China and Pakistan on sea, Vice Admiral Ajendra Bahadur Singh, Flag Officer Commanding-in-chief (FOC-in-C), Western Naval Command, has said that the Indian Navy needs to scale up its capabilities and have more budgets allocated. Speaking to members of t
In view of the emerging threat of the new coronavirus variant, Omicron, the BrihanMumbai municipal corporation (BMC) Saturday issued strict guidelines for surveillance of all international travellers arriving in the metro and especially those from ‘at risk’ nations. Outlining SO
A day after the union health secretary wrote to it that its order on SOPs for air travellers was in divergence with guidelines issued by the MoHFW, GoI in view of the Omicron threat, the Maharashtra government on Thursday revised its guidelines for passengers arriving in the state. Issuing
With the threat of Omicron, the new variant of the coronavirus, looming large, the union health ministry has written to the Maharashtra government to align orders issued by the state with the ministry’s guidelines for uniform implementation. The state government in its order dated Nove
To ensure bigger access to farm produce and provide new markets with quick transportation and subsidy at 50%, the Kisan Rail has been bringing prosperity, joy, and hope to farmers of Maharashtra. On November 28, the Central Railway ran its 800th trip of Kisan Rail from Sangola to Muzaffarpur.