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PNB estimates approx 3800crore fraud in BSPL

PNB (punjab national bank)  lender of BSPL (Bhushan steel & power ltd.) has detected a fraud of over 3,800crore in its audit report by BSPL.  The company is under insolvency and bankruptcy proceedings and the bid is favour of JSW steel but after successful bid it was found that some malfunctioning have done with assets. The current value is now less than the estimated one at the start of its proceedings in IBC.

BSPL is under NCLT proceedings from last one year. 

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PNB (punjab national bank)  lender of BSPL (Bhushan steel & power ltd.) has detected a fraud of over 3,800crore in its audit report by BSPL.  The company is under insolvency and bankruptcy proceedings and the bid is favour of JSW steel but after successful bid it was found that some malfunctioning have done with assets. The current value is now less than the estimated one at the start of its proceedings in IBC.

BSPL is under NCLT proceedings from last one year. 

Source: https://steelgyan.blogspot.com/2019/07/pnb-estimates-approx-3800crore-fraud-in.html

Manufacturing

Ferrari is really good at what they do

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Source: https://old.reddit.com/r/manufacturing/comments/ltoelf/ferrari_is_really_good_at_what_they_do/

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Manufacturing

Ferrari is really good at what they do

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Ferrari is really good at what they do submitted by /u/imlai92
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Manufacturing

Is straight line one piece flow always the answer?

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Management in my company is dead set on implementing a straight line one piece flow processes in a particular section of our manufacturing line.

To implement this, we are moving a sub-process in line, which in turn will increase the processing time from 3 hours to about 5 hours due to space limitations. The answer given by upper level management is to implement, then continuously improve. I under continuous improvement, or kaizen, is necessary, but I’m struggling to decide if we’re making the right move here.

Is straight line one piece flow always the answer for manufacturing? Any advice is greatly appreciated.

Source: https://old.reddit.com/r/manufacturing/comments/ltcka6/is_straight_line_one_piece_flow_always_the_answer/

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