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Open tenders are one of the most popular types of tenders, often used by government bodies and PSU units to procure goods and services from suppliers in a transparent manner. The purpose of using open tenders for procurement is to create competition and minimise discrimination. It also helps to create opportunities for emerging businesses to apply for new work. Let us take a look at what is the meaning of an open tender, its advantages, limitations, importance and role in the eTendering process.

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Updated: 26 April 2024 Corten steel also known as weathering steel is a unique type of steel that’s often used in construction, architectural and landscape designing projects. It is corrosion resistant and has high tensile strength. Here we take a look at the meaning of corten steel, its distinguishing properties and texture, its advantages and disadvantages, and learn about corten steel sheets/plates prices.

Last updated on: Apr 26, 2024

NVOCC is a common logistics carrier company that deals with ocean freight. These carriers have partnerships with large ocean freight forwarders and function as an intermediary between businesses and freight forwarders. They are experts at international trade policies and shipping documentation process, and assist companies with their international shipping needs.

Last updated on: Mar 8, 2024

Business loans for manufacturers enable firms in the manufacturing sector to avail funds for business growth. The manufacturing sector in India is expanding at a breakneck pace, with many MSMEs and start-ups as key contributors to the sector. Loans for manufacturing business are designed to enable these firms with credit facility when they need it most. These loans can be used for buying machine, renting space, meeting working capital needs or any other.

Sep 8, 2023
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