Clipped from: https://www.financialexpress.com/industry/near-50-jump-in-imports-threatens-india-textile-story/2961219/ Such imports are likely to go well past $10 billion in the current fiscal to hit a record, official and industry sources told
Category: Industry-Company-Company Act related news
Two-wheeler industry unlikely to recover in the next two years: ICRA – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/two-wheeler-industry-unlikely-to-recover-in-the-next-two-years-icra/article66397604.ece Overall auto sector expected to grow at high single digit The two-wheeler industry continues to struggle with volumes still below the pre-Covid peak
🙏Govt vehicles older than 15 years to be scrapped, deregistered: Govt | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govt-vehicles-older-than-15-years-to-be-scrapped-deregistered-govt-123011901335_1.html Prime Minister Narendra Modi launched the National Vehicle Scrappage Policy in 2021 and had said it will help phase out unfit and polluting
Paint industry could see further downsides on demand, competitive pressures | Business Standard News
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
*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
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
Indian IT services in 2023 | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/indian-it-services-in-2023/2950212/ After the surge in hiring during the pandemic years, 2023 could bring in a trend reversal for the IT sector he IT sector’s
pharma industry: Budget 2023: ‘Pharmacy of the world’ has a Chinese Achillean heel – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/budget-2023-pharmacy-of-the-world-has-a-chinese-achillean-heel/articleshow/97046291.cms Synopsis Given how crucial the pharmaceutical industry is to the country’s economy, its reliance on China for raw materials is particularly alarming. Pharma
IT Sector : Positive signals | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/positive-signals-123011500910_1.html IT companies have done better than expected The third quarter (October-December 2022) was expected to be grim for the IT sector. Guidance had
👍What real estate expects – The Hindu
Clipped from: https://www.thehindu.com/real-estate/real-estate-expectations-union-budget-2023-recommendations/article66364372.ece With residential real estate bouncing back last year amid unfavourable conditions, Union Budget 2023 to be presented on February 1 should be able
With better leverage profile, power sector has more reserve energy – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/news-analysis/with-better-leverage-profile-power-sector-has-more-reserve-energy/article66379061.ece Sector’s interest coverage ratio has been consistently improving in the recent years The BSE Power index, which declined 70 per cent from its
How the chemical stocks went high octane – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/portfolio/big-story/how-the-chemical-stocks-went-high-octane/article66373291.ece The chemicals sector has matured and is adding capacities to match its wide portfolio offering Amongst the many ways to play India growth
Raw material security must to make paper industry competitive: IPMA – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/raw-material-security-must-to-make-paper-industry-competitive-ipma/article66373653.ece The paper industry is expected to witness demand growth in sync with the projected economic growth, says AS Mehta AS Mehta, outgoing President
Moderating attrition levels bump up margins for top IT companies – The Hindu BusinessLine***
Clipped from: https://www.thehindubusinessline.com/info-tech/moderating-attrition-levels-bump-up-margins-for-top-it-companies/article66374669.ece While the gains are good, the numbers are not higher than the margins reported in Q3FY22 for most firms Attrition continues to moderate.
Real Estate News: Pent-up demand in real estate will continue in 2023: Knight Frank India | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/pent-up-demand-in-real-estate-will-continue-in-2023-knight-frank-india-123011000470_1.html Despite geopolitical challenges, the office sector saw a strong recovery in demand and saw a rise of 36 per cent YoY Indian real estate will
A year of record-breaking growth & promise of a brighter tomorrow for the realty sector | The Financial Express
lipped from: https://www.financialexpress.com/money/a-year-of-record-breaking-growth-amp-promise-of-a-brighter-tomorrow-for-the-realty-sector/2941694/ While the housing segment will undoubtedly continue to spur growth, the real estate sector is well poised to record its best year with
Managing bottomlines without losing sight of patient needs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/pulse/managing-bottomlines-without-losing-sight-of-patient-needs/article66346814.ece Recent acquisitions are raising concerns on public health priorities of financial institutions As the industry balances its act between an evolving Covid-19 situation
Price growth drove India’s pharmaceutical sales in 2022, shows data | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/price-growth-drove-pharma-sales-in-2022-dolo-saw-value-volume-growth-fall-123010800490_1.html Data shows that in calendar year 2022, price driven growth rate has been 6 per cent; growth from new products has been 1.7