Clipped from: https://www.businesstoday.in/interactive/longread/mukesh-ambani-and-gautam-adani-bet-big-on-renewable-energy-66-26-11-2021 In a late-night statement on November 19, Reliance said the proposed investment to be made by Saudi Arabia’s Aramco in its O2C (oil-to-chemicals)
Category: Industry-Company-Company Act related news
L&T losing to ill-equipped cos in India; isn’t it a pity: A M Naik | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/l-t-winning-more-orders-overseas-than-in-india-says-a-m-naik-121120500420_1.html Engineering major lost large domestic orders as technical-deficient rivals won tenders L&T Group Executive Chairman A M Naik Larsen & Toubro (L&T), India’s
PLI for textiles: Centre mulls flexible timelines – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/pli-for-textiles-centre-mulls-flexible-timelines/article37854876.ece?homepage=true The PLI scheme has a budgetary outlay of ₹10,683 crore – The Hindu The PLI scheme has a budgetary outlay of ₹10,683 crore
Surge in quick grocery delivery segment to benefit large FMCG players – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/economy/surge-in-quick-grocery-delivery-segment-to-benefit-large-fmcg-players/article37849538.ece?homepage=true According to RedSeer, the quick commerce space is expected to grow to $5 billion by 2025 The surge of quick grocery delivery players
It is the time for more reforms in the Indian power sector – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-it-is-the-time-for-more-reforms-in-the-indian-power-sector/articleshow/88110182.cmsSynopsis India will need an efficient energy chain, power delivery and a regulatory regime that can ensure an adequate flow of investments as well
From Plate to Plough: Harvesting solar to breathe easy – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/from-plate-to-plough-harvesting-solar-to-breathe-easy/2382496/ Pushing the northern states’ farmers away from rice and incentivising solar power generation as an ‘alternative crop’ can help clean up Delhi’s air
Oil’s not well with domestic production – The Financial Express
lipped from: https://www.financialexpress.com/opinion/oils-not-well-with-domestic-production/2382504/ With elevated global oil prices, stepping up domestic production must be prioritised at all costs To reduce vulnerability to high and volatile global
Working from home isn’t going to go away post Covid: Anand Mahindra – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/working-from-home-isnt-going-to-go-away-post-covid-anand-mahindra/article37837494.ece Anand Mahindra, Chairman, Mahindra Group – Bijoy Ghosh Anand Mahindra, Chairman, Mahindra Group – Bijoy Ghosh× Anand Mahindra added that some form of
Won’t be able to meet targets, extend PLI by a year: Telecom gear makers | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/won-t-be-able-to-meet-targets-extend-pli-by-a-year-telecom-gear-makers-121120301624_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Some of the companies have made it clear that they will not be able to meet their stiff incremental investment and production targets
RIL, Tata are vying for India’s e-pharmacy market’s pie. Will Flipkart ace the race with Sastasundar? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/technology-and-startups/ril-tata-are-vying-for-indias-e-pharmacy-markets-pie-will-flipkart-ace-the-race-with-sastasundar/primearticleshow/87991183.cms SynopsisAfter Reliance, Tata and Amazon, Walmart-backed Flipkart has marked its attendance to get a pie of India’s growing e-pharmacy market. The online retail
Mukesh Ambani turns to WhatsApp to break Amazon’s grip on Indian grocery buyers – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/mukesh-ambani-turns-to-whatsapp-to-break-amazons-grip-on-indian-grocery-buyers/articleshow/87993512.cmsSynopsis Delivery is free and there’s no minimum order value, according to JioMart users who got WhatsApp shopping invites with a 90-second tutorial and
Centre to relax lock-in period for sale of NINL assets to one year | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/centre-to-relax-lock-in-period-for-sale-of-ninl-assets-to-one-year-121113000040_1.html The condition for the sale would be subject to the sale proceeds being utilised for the company within three years The NINL privatisation
Nearly 33% of India’s medical devices capacity lying unused: Industry | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/nearly-33-of-india-s-medical-devices-capacity-lying-unused-industry-121112901407_1.html Industry faces stiff competition from China as imports from country rise 75% in FY21 Compounding the problem of a drop in demand is
The tale of two airlines | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-tale-of-two-airlines-121112901482_1.html The pandemic may have willy-nilly created an opportunity to correct the anomalies of the past By next month, the Tata group takeover of Air
A tough yarn for textiles: High input costs, GST expected to crimp margins | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/a-tough-yarn-for-textiles-high-input-costs-gst-expected-to-crimp-margins-121112901429_1.html From January to November, yarn prices reportedly increased from Rs 220 per kg to around Rs 350 At the heart of the problem
PLI scheme for pharma to benefit 55 firms, says Centre – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/healthcare/biotech/pharmaceuticals/pli-scheme-for-pharma-to-benefit-55-firms-says-centre/articleshow/87941213.cmsSynopsis The first category included biopharmaceuticals, complex generic drugs, patented drugs or drugs nearing patent expiry, cell-based or gene therapy drugs, orphan drugs, special
Tyre stocks may continue to underperform as margin worries weigh | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/tyre-stocks-may-continue-to-underperform-as-margin-worries-weigh-121112601129_1.html Price hikes by companies have not been enough to absorb the sharp rise in input costs While higher exports have reflected in the
‘Completely unjustifiable’ GST rate hike on apparel, textiles and footwear show the Govt has no easy choices – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/completely-unjustifiable-gst-rate-hike-in-apparel-textiles-and-footwear-show-the-govt-has-no-easy-choices/articleshow/87923255.cmsSynopsis The Government wanted to correct a tax anomaly, but in the process the apparel, textiles and footwear sectors believe the move would lead
The making of dairy industry professionals – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/the-making-of-dairy-industry-professionals/article37688560.ece The Vidya Dairy model will foster the development of the dairy sector at the academic, research and commercial levels Milk production in India
handloom sector: A dying trade: Can the handloom sector stand up to the march of the machines? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/a-dying-trade-can-the-handloom-sector-stand-up-to-the-march-of-the-machines/articleshow/87880191.cms SynopsisThe handloom sector is a big employer, contributes a chunk to exports and is deeply ingrained with the rural economy. In the age
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