https://www.thehindubusinessline.com/economy/laptopserver-makers-urge-government-to-reassess-import-restrictions/article67256176.ece Clipped from: https://www.thehindubusinessline.com/economy/laptopserver-makers-urge-government-to-reassess-import-restrictions/article67256176.ece The government restricted imports of tablets, personal computers, and laptops, citing security concerns and the need to promote domestic manufacturing of IT
Category: Industry
Government receives 32 applications under PLI scheme for IT hardware – The Hindu BusinessLine
https://www.thehindubusinessline.com/news/government-receives-32-applications-under-pli-scheme-for-it-hardware/article67252574.ece Clipped from: https://www.thehindubusinessline.com/news/government-receives-32-applications-under-pli-scheme-for-it-hardware/article67252574.ece Companies include Dell, HP, Foxconn, Rising Star, Optiemus Bhagwati The Government on Wednesday said it has received 32 applications of laptop manufacturers
HP, Dell Among 32 Top Companies To Manufacture Laptops In India: IT Min Ashwini Vaishnaw
HP, Dell Among 32 Top Companies To Manufacture Laptops In India: IT Min Ashwini Vaishnaw http://dhunt.in/OVxTE?s=a&uu=0xac064cfd16777917&ss=pd Source : “India.com” via Dailyhunt
Home textiles industry to post revenue growth of 7-9% this fiscal, operating profitability to improve by 150-200 bps | The Financial Express
https://www.financialexpress.com/business/industry-home-textiles-industry-to-post-revenue-growth-of-7-9-this-fiscal-operating-profitability-to-improve-by-150-200-bps-3227620/ Clipped from: https://www.financialexpress.com/business/industry-home-textiles-industry-to-post-revenue-growth-of-7-9-this-fiscal-operating-profitability-to-improve-by-150-200-bps-3227620/ The operating profitability of the home textile segment will improve 150-200 basis points to 14.0-14.5 per cent, on the back of lower
Paint industry evolves: New players and acquisitions reshape market dynamics – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/paint-industry-evolves-new-players-and-acquisitions-reshape-market-dynamics/article67244623.ece Clipped from: https://www.thehindubusinessline.com/economy/paint-industry-evolves-new-players-and-acquisitions-reshape-market-dynamics/article67244623.ece Grasim Industries’ entry, acquisitions, and expanding market leaders are reshaping the competitive landscape of the paint industry, driving consolidation and challenging established
Hiring in IT services sector down 25-30%: Report – The Hindu BusinessLine
https://www.thehindubusinessline.com/info-tech/it-services-sector-faces-a-downward-hiring-trend-of-25-30-report/article67248431.ece Clipped from: https://www.thehindubusinessline.com/info-tech/it-services-sector-faces-a-downward-hiring-trend-of-25-30-report/article67248431.ece Upskilling across industries has been a strategy adopted by companies over the last year to bridge the emerging skill gap in India
Banks can put money into stalled real estate projects to make them viable – The Hindu BusinessLine
https://www.thehindubusinessline.com/news/real-estate/banks-can-put-money-into-stalled-real-estate-projects-to-make-them-viable/article67241155.ece Clipped from: https://www.thehindubusinessline.com/news/real-estate/banks-can-put-money-into-stalled-real-estate-projects-to-make-them-viable/article67241155.ece IBA has estimated that 4.12 lakh stressed dwelling units involving ₹4.08 lakh crores are impacted in various stalled real estate projects Banks
Hotels ramp up hiring to support record room addition in 2023 – The Hindu BusinessLine
https://www.thehindubusinessline.com/companies/hotels-ramp-up-hiring-to-support-record-room-addition-in-2023/article67241248.ece Clipped from: https://www.thehindubusinessline.com/companies/hotels-ramp-up-hiring-to-support-record-room-addition-in-2023/article67241248.ece Hotels are also adjusting their workplace policies to retain staff and attract new talent Hotel chains have stepped up recruitment, as they are expected
‘Grasim aims to become 2nd largest in decorative paints biz’ – The Hindu BusinessLine
https://www.thehindubusinessline.com/companies/grasim-aims-to-become-2nd-largest-in-decorative-paints-biz/article67234835.ece Clipped from: https://www.thehindubusinessline.com/companies/grasim-aims-to-become-2nd-largest-in-decorative-paints-biz/article67234835.ece Last fiscal, Grasim made its largest-ever capital expenditure of ₹4,307 crore, including ₹1,979 crore in the paints business Grasim Industries, an Aditya
28% GST move: E-gaming companies fear tax liability may rise to 400%
https://www.business-standard.com/industry/news/amended-gst-law-will-increase-e-gaming-firms-tax-liability-by-over-400-123082200705_1.html lipped from: https://www.business-standard.com/industry/news/amended-gst-law-will-increase-e-gaming-firms-tax-liability-by-over-400-123082200705_1.html The law will come into force on October 1 this year and will be reviewed after six months, according to a decision
IT service providers: Hiring down, attrition (back) up: says ISG – The Hindu BusinessLine
https://www.thehindubusinessline.com/info-tech/it-service-providers-hiring-down-attrition-back-up-says-isg/article67222634.ece Clipped from: https://www.thehindubusinessline.com/info-tech/it-service-providers-hiring-down-attrition-back-up-says-isg/article67222634.ece Over the course of 2021 and 2022, global IT service providers added over 2.2 million employees Attrition in the global information technology (IT) sector
Pharma sector hits upon right formula – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/pharma-sector-hits-upon-right-formula/article67224223.ece Clipped from: https://www.thehindubusinessline.com/opinion/pharma-sector-hits-upon-right-formula/article67224223.ece Already a global powerhouse in generics, the industry can usher in the next leg of growth by spurring innovation in biosimilars and
Indian PC market declined for fourth consecutive quarter, shows IDC data
https://www.business-standard.com/industry/news/india-s-traditional-pc-market-shipment-decline-15-3-shows-idc-data-123081700587_1.html excerpts Market share HP led the market with a share of 31.1 per cent in Q2CY23 and a strong growth in both the consumer
Rising competition, valuations of paint majors on palette of worry
https://www.business-standard.com/markets/news/rising-competition-valuations-of-paint-majors-on-street-s-palette-of-worry-123081300321_1.html Excerpts In terms of profitability, all paint companies experienced an expansion in margins, attributed to lower raw material costs and an improved product mix.
Pharma industry in a huddle after fresh NMC regulations for doctors
https://www.business-standard.com/industry/news/pharma-industry-in-a-huddle-after-fresh-nmc-regulations-for-doctors-123081300469_1.html A senior executive of a prominent lobby group said the fresh regulations were being examined. “If doctors prescribe only generic molecule names, then there
Give local production plan, Govt tells IT firms seeking deferral of import licensing regime
https://www.thehindubusinessline.com/info-tech/centre-asks-it-hardware-firms-to-ramp-up-local-production-in-lieu-of-pushing-back-import-licence-deadline/article67176670.ece The Centre has countered the IT hardware industry’s request seeking a 9–12 month deferral of the new import licensing norms by asking players to submit a
Indian IT to become more attractive after data law: Ashwini Vaishnaw
https://www.business-standard.com/economy/interviews/indian-it-to-become-more-attractive-after-data-bill-ashwini-vaishnaw-123081100886_1.html The Digital Personal Data Protection Bill, 2023, recently cleared the test of parliamentary approval. Ashwini Vaishnaw, the Union minister for communications, electronics and information technology,
Cut GST in tractor components, says Parliament Standing Committee on Agriculture – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/agri-business/cut-gst-in-tractor-components-says-parliament-standing-committee-on-agriculture/article67106694.ece Clipped from: https://www.thehindubusinessline.com/economy/agri-business/cut-gst-in-tractor-components-says-parliament-standing-committee-on-agriculture/article67106694.ece Moots cut in levy for parts of tractors up to 40 HP from the current 12% The Fifty-Eighth Report of the Standing
Cautious outlook
https://www.business-standard.com/opinion/editorial/cautious-outlook-123072400952_1.html Clipped from: https://www.business-standard.com/opinion/editorial/cautious-outlook-123072400952_1.html Growth in the IT sector will be slow Listen to This Article The information technology (IT) industry is making a comeback in
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