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“The Golden Age for Family Managed Businesses is Now”

Parimal Merchant
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A couple of my students of Family Managed Business once came and told me they wanted to go into the business of stationery. I was aghast: with all these years of management studies, research, and exposure to global business, you want to go into the business of stationery? What will you do, manufacture paper clips? Have a chain…

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DPP-2016: An Analytical Overview

Dr Laxman Kumar Behera
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After a prolonged delay, the Ministry of Defence (MoD) released the revised Defence Procurement Procedure (DPP) on March 28, 2016. The document, coming into effect from April 01, 2016, is applicable to all projects which would be given in-principle approval (or the Acceptance of Necessity (AoN)) thereafter. It is, however, to be noted that the released document is not…

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What is a Family Business without the Family?

Parimal Merchant
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Having been focused on family businesses all my working life, I take a great deal of interest not only on the business side of these enterprises, but also the families behind them. I have found that not only does what is happening in the family have an effect on the business side of things, but also vice…

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Now CGTMSE should focus on Start ups in Manufacturing

Debashis Bandyopadhyay
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Credit Guarantee Trust for Micro and Small Enterprises (CGTME) is implementing  the flagship programme of Ministry of MSME to provide guarantee to the Banks for  collateral free loan to micro and small enterprises upto the credit limit of Rs. 1 crore. Till September, 2015, under the scheme, credit to the tune of Rs. 10, 16, 683 crore have been guaranteed…

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