Clipped from: https://www.business-standard.com/article/companies/drug-medical-services-firm-pharmeasy-may-lay-off-hundreds-of-employees-122120901263_1.html The company has a total workforce of about 1500 Indian drug and medical services firm PharmEasy may lay off hundreds of employees, according to sources.
Day: December 10, 2022
A case for stakeholder involvement | The Financial Express*****
Clipped from: https://www.financialexpress.com/opinion/a-case-for-stakeholder-involvement/2908142/ The liquidation of bankrupt companies should consider the well-being of minority investors too. but currently, the IBC falls short The robustness of the
Deals approved! 1.72 lakh homebuyers stuck in stalled housing projects to benefit, says Modi Govt | The Financial Express***
Clipped from: https://www.financialexpress.com/money/swamih-deals-approved-1-72-lakh-homebuyers-stuck-in-stalled-housing-projects-to-benefit-says-modi-govt/2908334/ Special Window for Completion of Affordable and Mid-Income Housing (SWAMIH investment fund) has been created for funding of stalled projects Government has approved
China’s Xi Promises to Buy More West Asia Oil as US Focus Wanes – The Economic Times
lipped from: https://economictimes.indiatimes.com/epaper/delhicapital/2022/dec/10/companies-around-the-world/chinas-xi-promises-to-buy-more-west-asia-oil-as-us-focus-wanes/articleshow/96119644.cms Synopsis Chinese leader Xi Jinping vowed on Friday to import more oil and natural gas from energy-rich Gulf Arab states while not interfering
China to Sell 750 Billion Yuan in Bonds to Boost Economy – The Economic Times*
Clipped from: https://economictimes.indiatimes.com/epaper/delhicapital/2022/dec/10/companies-around-the-world/china-to-sell-750-billion-yuan-in-bonds-to-boost-economy/articleshow/96119684.cms Synopsis China will sell 750 billion yuan ($108 billion) worth of special sovereign bonds next week in a significant ramping up of stimulus
Big Tech layoffs: Google, Meta lead Big Tech layoffs. All you need to know – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/google-meta-lead-big-tech-layoffs-all-you-need-to-know/articleshow/96127156.cms Synopsis Most of these firms have either halted fresh hiring or announced deep job cuts as they try hard to find a way
Two-wheeler insurance: Choosing the right insurance policy | The Financial Express*****
Clipped from: https://www.financialexpress.com/money/insurance/two-wheeler-insurance-choosing-the-right-insurance-policy/2908063/ Sumit Chhazed, the co-founder & CEO of OTO, shares how two-wheeler insurance policy can be customised However, RTI add-on bridges the gap between
Withdrawal symptoms | The Financial Express*****
Clipped from: https://www.financialexpress.com/opinion/withdrawal-symptoms-2/2908157/ As it dilutes its draconian zero-Covid policy, China could draw some lessons from India The lifting of the curbs thus would be welcome
Anchoring prices: The Hindu Editorial on RBI’s December 2022 rate hike – The Hindu***
Clipped from: https://www.thehindu.com/opinion/editorial/anchoring-prices-the-hindu-editorial-on-rbis-december-2022-rate-hike/article66242925.ece Both savers and consumers need to regain confidence that prices will remain stable The Reserve Bank of India’s latest policy statement has unequivocally
GST amnesty scheme: Why taxpayers need an opportunity to correct inadvertent errors – The Economic Times*****
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/gst-amnesty-scheme-why-taxpayers-need-an-opportunity-to-correct-inadvertent-errors/articleshow/96018924.cms Synopsis In the initial years, people struggled in understanding the impact of the new regime on their businesses, getting their internal systems revamped
Small companies have a new definition. Will it help? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/legal/small-companies-have-a-new-definition-will-it-help/articleshow/94978354.cms In the recent past, the Ministry of Corporate Affairs (MCA) has taken several measures towards ease of doing business by announcing various circulars and amendments
Wall Street today: Wall St slips as inflation data ignites rate hike worries – The Economic Times*
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/us-stocks-open-lower-as-inflation-data-stokes-rate-hike-worries/articleshow/96115857.cms Synopsis Wall Street’s main indexes have come under pressure in December after two consecutive months of gains on fears of a potential recession
Bad banks: How the good Samaritans for corporates came under the scanner – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/economy-and-policy/bad-banks-how-the-good-samaritans-for-corporates-came-under-the-scanner/primearticleshow/96093192.cms SynopsisAsset reconstruction companies, jokingly referred to as scrap dealers in the financial market, were set up to free banks from the burden of
Monetary policy: RBI has sent a clear message—it may not be done yet – The Economic Times*
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/monetary-policy-rbi-has-sent-a-clear-messageit-may-not-be-done-yet/articleshow/96117972.cms Synopsis RBI has kept the CPI inflation forecast for FY2023 at 6.7% – spiked by prices of cereals, milk and spices. Naturally, its
Amazon seeks digital data shield in ED probe – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/amazon-seeks-digital-data-shield-in-ed-probe/articleshow/96122505.cms Synopsis The ecommerce company alleged that the ED has been “summoning and compelling” its employees, including one Abhijeet Muzumdar, to part with sensitive
India to add 145 GW of RE capacity by 2027: IEA – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/india-to-add-145-gw-of-new-re-capacity-by-2027-iea/article66243512.ece The renewable energy share in the country’s total generation mix is likely to increase to 40.9 per cent during FY30 India, the world’s
Digital rupee: Anonymity forever? – The Hindu BusinessLine***
Clipped from: https://www.thehindubusinessline.com/opinion/digital-rupee-anonymity-forever/article66244189.ece E-rupee’s anonymity comes with riders In the recent post-monetary policy press meet, RBI officials took pains to assure the media that the e-rupee
India should tread carefully on FTA with EU – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/india-should-tread-carefully-on-fta-with-eu/article66244138.ece TRADE LESSONS EU’s FTA with Korea is instructive; it has run into disputes, with non-trade issues being thrown in The practical import of
How India navigates the oil slick – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/how-india-navigates-the-oil-slick/article66244113.ece By keeping commercial and political factors apart, the country’s nuanced stance in the oil market has served its interests well Since the day
Govt seeks Parliament nod for additional grant of ₹3.25-lakh crore this fiscal – The Hindu BusinessLine*
Clipped from: https://www.thehindubusinessline.com/economy/govt-seeks-parliament-nod-for-net-additional-spending-of-325-lakh-cr-this-fiscal/article66242270.ece FinMin moves first Supplementary Demands for Grants The Centre has sought approval from the Parliament for fresh cash expenditure of around ₹3.25-lakh crore.
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