Clipped from: https://www.business-standard.com/article/companies/paint-industry-could-see-further-downsides-on-demand-competitive-pressures-123011800980_1.html Q3 could see weak volumes; hurdle for incumbents is new entrants in the sector The paints sector has been an underperformer with most
Month: January 2023
IBC overhaul seeks to give adjudicating authority a power boost | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/govt-proposes-sweeping-changes-for-ibc-to-bring-more-tech-transparency-123011801276_1.html MCA proposes specialised framework for realty projects The ministry of corporate affairs (MCA) has proposed sweeping changes to the Insolvency and Bankruptcy Code to bring more technology,
*Layoff: Microsoft to reduce 10,000 jobs globally amid bleak global outlook | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/microsoft-to-reduce-10-000-jobs-globally-through-the-end-of-q3-fy23-123011801313_1.html The impact of the move on its Indian operations could not be ascertained Microsoft on Wednesday said it would reduce its workforce by 5
🙏In big overhaul, Centre proposes many changes to IBC framework
In big overhaul, Centre proposes many changes to IBC framework: https://www.thehindubusinessline.com/economy/major-overhaul-of-ibc-on-anvil-centre-proposes-over-two-dozen-changes/article66398254.ece
*Have issues with only 6 of 10 CCI directions: Google to SC
Have issues with only 6 of 10 CCI directions: Google to SC: https://www.thehindubusinessline.com/info-tech/android-case-google-softens-stance-focuses-now-on-six-offending-cci-directions/article66397278.ece
🙏Banks ‘batting’ for ECLGS extension
Banks ‘batting’ for ECLGS extension: https://www.thehindubusinessline.com/money-and-banking/banks-bat-for-extension-of-eclgs/article66396573.ece
*India’s tech workforce feels the impact of global layoffs by MNCs
India’s tech workforce feels the impact of global layoffs by MNCs: https://www.thehindubusinessline.com/info-tech/global-layoffs-wave-hits-home-indian-tech-workforce-feels-the-impact/article66397898.ece Other tech companies carrying the global layoff wave are Microsoft, which is slashing
🙏IndusInd Bank Q3 Results: Profit surges 69% YoY to Rs 1,959 crore; NII rises 19%
IndusInd Bank Q3 Results: Profit surges 69% YoY to Rs 1,959 crore; NII rises 19% https://economictimes.indiatimes.com/markets/stocks/earnings/indusind-bank-q3-results-profit-surges-69-yoy-to-rs-1959-crore-nii-rises-19/articleshow/97089085.cms Download Economic Times App to stay updated with Business
🙏Asian Paints Q3 preview: Expect moderation in sales growth; volume growth to be muted
Asian Paints Q3 preview: Expect moderation in sales growth; volume growth to be muted https://economictimes.indiatimes.com/markets/stocks/earnings/asian-paints-q3-preview-expect-moderation-in-sales-growth-volume-growth-to-be-muted/articleshow/97093974.cms Download Economic Times App to stay updated with Business News
🙏Latest health and general insurance claim settlement ratio of companies in India
Latest health and general insurance claim settlement ratio of companies in India https://economictimes.indiatimes.com/wealth/insure/health-insurance/latest-general-and-health-insurance-claim-settlement-ratio-of-insurance-companies-in-india/articleshow/97081682.cms Download Economic Times App to stay updated with Business News – https://etapp.onelink.me/tOvY/135dde21
🙏Govt proposes slew of changes to insolvency law
Govt proposes slew of changes to insolvency law https://economictimes.indiatimes.com/news/economy/policy/govt-proposes-slew-of-changes-to-insolvency-law/articleshow/97094004.cms Download Economic Times App to stay updated with Business News – https://etapp.onelink.me/tOvY/135dde21
Accenture most valued IT brand, TCS & Infosys value up 2%: Report | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/accenture-most-valued-it-brand-tcs-infosys-value-up-2-report-123011800658_1.html Accenture retains top slot for the fifth year straight; Cognizant and Wipro fall in rankings Indian IT services firms have consolidated their positions
👍Air India says staff made error of judgment in handling urination incident | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/air-india-says-staff-made-error-of-judgment-in-handling-urination-incident-123011800639_1.html Airline’s report to National Commission for Women acknowledges delay in reporting incident to regulator Air India has said its cabin crew and ground staff
Capex push in states | Business Standard Editorials
lipped from: https://www.business-standard.com/article/opinion/capex-push-in-states-123011701380_1.html Maintaining the momentum will be challenging State government finances have witnessed significant recovery after the pandemic-induced disruption. According to the latest annual study
HDFC Bank, HDFC extend gains; advance over 3% in two trading days | Business Standard News
lipped from: https://www.business-standard.com/article/markets/hdfc-bank-hdfc-extends-gain-up-over-3-in-two-trading-days-123011800391_1.html In the past three months, HDFC Bank (up 13 per cent) and HDFC (up 15 per cent) have outperformed the benchmark S&P BSE
Hiring slowdown lifts India’s top IT companies’ profit per employee | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/brake-on-hiring-boost-it-industry-s-profit-per-employee-shows-data-123011701150_1.html Productivity improves in terms of revenue per employee A slowdown in hiring by India’s top IT companies has resulted in a sharp increase in the industry’s
👍Hiring slowdown lifts India’s top IT companies’ profit per employee | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/brake-on-hiring-boost-it-industry-s-profit-per-employee-shows-data-123011701150_1.html Productivity improves in terms of revenue per employee A slowdown in hiring by India’s top IT companies has resulted in a sharp increase in the industry’s
Default rate in microfinance sector declining, post-pandemic: Report | Business Standard News
lipped from: https://www.business-standard.com/article/finance/default-rate-in-microfinance-sector-declining-post-pandemic-report-123011701104_1.html Karnataka and Tamil Nadu are the states with the highest percentage of outstanding loans from micro finance followed by Bihar, Uttar Pradesh and
👍Reliance Industries may hive off green hydrogen business to InvIT | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/reliance-industries-likely-to-hive-off-green-energy-business-to-invit-123011701016_1.html Jefferies values firm’s green hydrogen business at $8 bn Reliance Industries is likely to hive off its green hydrogen business to an InvIT structure at
RBI’s new loss provisioning regime seen triggering major fundraises by banks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/expected-loss-based-norms-seen-triggering-billion-dollar-fundraises-by-banks/article66387492.ece Analysts are applauding the decision to introduce the framework at a time when the banking system’s health is robust RBI, on Monday, issued
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