Clipped from: https://economictimes.indiatimes.com/industry/cons-products/electronics/electronics-handset-cos-slash-production/articleshow/82396211.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Some component and device makers such as TMB Battery, Khy Electronics, Salcomp, Jabil, Sunwoda Electronics, JSP electronics, Hong Guang De Technology, Rashmi Rare
Month: May 2021
Banks, NBFCs ask RBI to relax bad loan rules – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-nbfcs-ask-rbi-to-relax-bad-loan-rules/articleshow/82396212.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Want central bank to classify second Covid wave as national natural calamity A second Covid wave many times worse the first has prompted
Indian exports: Several key sectors stare at export impact as pandemic rages – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/several-key-sectors-stare-at-export-impact/articleshow/82396215.cms Synopsis–“People are scared to buy from India and uncertain if we can deliver the orders,” said Sharad Kumar Saraf, president of the Federation
US to suspend biometric requirements for processing H4-EAD visas – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/migrate/us-to-suspend-biometric-requirements-for-processing-h4-ead-visas/articleshow/82391778.cmsSynopsis This is expected to help speed up processing times for visa extensions and employment authorisation for spouses of H-1B and L1 visa holders
health insurance policy: These health insurance policies cover home treatment costs also: Is your policy one of these? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/insure/health-insurance/these-health-insurance-policies-cover-home-treatment-costs-also-is-your-policy-one-of-these/articleshow/82381908.cmsSynopsis The domiciliary hospitalisation feature is especially useful now as many Covid-19 patients are being turned away by hospitals due to shortage of resources
MCA allows more time gap between two board meetings – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/mca-allows-more-time-gap-between-two-board-meetings/article34473303.ece Gap may extend to 180 days against 120 days allowed earlier Resurgence of Covid-19 cases during the ongoing second wave has prompted the
Airtel Bank offers 6% interest rate for deposits over ₹1 lakh – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/airtel-bank-offers-6-interest-rate-for-deposits-over-1-lakh/article34470974.ece Airtel Payments Bank has over 55 million engaged users across its operations Airtel Payments Bank on Monday said that its customers will get
May look at raising capital on economic recovery, credit offtake: Yes Bank chief – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/may-look-at-raising-capital-on-economic-recovery-credit-offtake-yes-bank-chief/article34470172.ece “Citi’s business offers a good potential, not only credit card but wealth and retail also.” Optimistic about economic prospects despite the second wave
All you wanted to know about Employees’ Deposit Linked Insurance – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/slate/all-you-wanted-to-know-about/article34473901.ece This life insurance scheme covers all active members of the employees’ provident fund. The Employees’ Provident Fund Organisation (EPFO) recently hiked the death
PLI scheme for solar PV modules, BCD a positive for domestic OEMs: ICRA – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/news/pli-scheme-for-solar-pv-modules-bcd-a-positive-for-domestic-oems-icra/article34471778.ece To support 21 GW modules from over 5 years The Ministry of New & Renewable Energy guidelines for the Production-Linked Incentive (PLI) scheme
Food Processing Ministry floats EoI for PLI scheme – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/food-processing-ministry-floats-eoi-for-pli-scheme/article34472819.ece Selected applicants will get sales-based sops after fulfilling fresh investment target The Ministry of Food Processing has floated an expression of interest (EoI)
Income Tax Dept sets threshold for significant economic presence – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/income-tax-dept-sets-threshold-for-significant-economic-presence/article34473809.ece Rules prescribing thresholds for SEP provisions would have limited impact, say experts The Income Tax Department on Monday notified a threshold for Significant
‘Submit affidavit clarifying position on slots to Jet Airways’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/logistics/submit-affidavit-clarifying-position-on-slots-to-jet-airways/article34473883.ece Mumbai bench of NCLT writes to DGCA and the Aviation Ministry The Mumbai bench of NCLT has asked the Directorate General of Civil
Two-wheeler makers report double-digit decline in sales in April on MoM basis – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/two-wheeler-makers-report-double-digit-decline-in-sales-in-april-on-mom-basis/article34473960.ece Honda, Bajaj Auto post record export sales Just like passenger vehicle manufacturers, major two-wheeler companies in the country, including Hero MotoCorp, Honda Scooter
Deadlines under Companies Act relaxed, late fee waived for various filings – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/deadlines-under-cos-act-relaxed-late-fee-waived-for-various-filings/articleshow/82376629.cmsSynopsis The relaxation of charge-related timelines shall apply in cases where the creation or modification of the charge falls between April 1 and May
Number of open job positions saw sharp fall in April – The Economic Times
Clipped from: https://economictimes.indiatimes.com/jobs/number-of-open-job-positions-sawsharp-fall-in-april/articleshow/82378741.cmsSynopsis Open positions at the end of April dropped 31% from March to touch the lowest level in 2021, according to data from official
Rupee: Forwards premium on Rupee-Dollar soars up to 360 bps – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/forex/forwards-premium-on-soars-up-to-360-bps/articleshow/82378740.cms Synopsis–The cost of covering unhedged currency risks in the derivative markets surged on Monday, potentially affecting companies with large import bills, with the
Real estate projects to feel the pinch as steel, cement prices rise | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/real-estate-projects-to-feel-the-pinch-as-steel-cement-prices-rise-121050400003_1.html Road transport & highways ministry charges a 10x toll rate for major bridges, structures Photo: Bloomberg An increase in prices of raw materials
Pessimism on the rise: Consumer sentiment weakens in April amid Covid surge | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/pessimism-on-the-rise-121050300935_1.html Consumer sentiments have been battered particularly badly during the last three weeks The raging second wave of Covid-19 has had an adverse impact
E-way bills likely to fall to five-month low amid Covid-19 lockdown | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/e-way-bills-likely-to-fall-to-five-month-low-amid-covid-19-lockdown-121050400036_1.html Likely to decline to 55-58 million in April In April e-way bill generation may decline to 55-58 million, which is the lowest since
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