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The hospitality industry consists of a wide variety of fields within the service industry. These include hotels, restaurants, lodging, event planning, theme parks, transportation, cruise line as well as other fields within the tourism industry. The multi-billion-dollar hospitality industry depends on the availability of leisure time and disposable income for its growth. This industry is very sensitive to global … Read more

A country’s economic development and the level of industrialization is dependent on the growth and progress of its core sectors one of which is power industry. A major portion of this installed capacity in power sector consists of thermal power stations mainly because of their lower gestation period, flexibility of their site selection, ease of augmentation of existing … Read more

India’s energy sector is one of the most critical components of infrastructure that affects the economic growth and therefore is also one of the largest industries in India. Globalization has positively influenced almost every sector in the country including the power sector. India being one of the fastest growing economies of the world is spurring a rapid … Read more

If the road is not good, the journey is always difficult and time consuming.   This has precisely been the case in India since independence. Infrastructure was never given its due importance until the dawn of the new millennium. India inherited very poor network of roads during its independence from Britishers and Post-independence also there … Read more

Debentures are debt instruments issued by a Company and include debenture stock, bonds and such instruments evidencing debt raised by a Company.   Issue of debentures by a Company is governed by Section 71 of the Companies Act, 2013 and Companies (Share Capital & Debenture) Rules, 2014.   A Company may issue debentures with an … Read more