Category: Industry
👍👍👍IT hardware manufacturers flag PLI investment clause; cite demand issues | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/it-hardware-manufacturers-flag-pli-investment-clause-cite-demand-issues-123031600627_1.html The IT manufacturers have said that they have underutilised capacities that first need to be used up before they can commit to further
🙏Paints business margin to reduce with entry of Grasim Industries – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/paints-business-margin-to-reduce-with-entry-of-grasim-industries/article66613667.ece Grasim will hurt the industry’s Ebitda margin by 1.50 per cent if it achieves to gain market share of 20 per cent Grasim
👍👍👍No SVB-like scenario in India; banks are on a strong footing, say analysts | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/no-svb-like-scenario-in-india-banks-are-on-a-strong-footing-say-analysts-123031000534_1.html The sell-off in the banking pack, analysts said, was a knee-jerk reaction to the developments with US-based Silicon Valley Bank (SVB) that announced
👍Housing sales volume grows 11 per cent across 7 cities in Q3: ICRA – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/real-estate/housing-sales-in-volume-terms-grew-11-per-cent-across-7-cities-in-q3-icra/article66595863.ece Housing sales at 149 million sft in Q3 in the top seven cities is the highest quarterly sales recorded in over ten years
👍Profit margins of oil marketing companies to improve in first half of FY24: Report – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/profit-margins-of-oil-marketing-companies-to-improve-in-first-half-of-fy24-report/article66590549.ece Softer demand trends, strong inventory builds to keep crude oil and product prices in check, ICICI Securities says in a recent report Softer
👍Home loans to grow at 13 per cent CAGR over FY23-26: Jefferies report – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/real-estate/home-loans-to-grow-at-13-per-cent-cagr-over-fy23-26-jefferies-report/article66586306.ece Loans at affordable HFCs grew 27 per cent YoY in 3Q, according to Jefferies’ estimate While home loan demand continues to be strong, the rise in rates
Why laminate sector must be in the PLI ambit – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/why-laminate-sector-must-be-in-the-pli-ambit/article66584524.ece This move will help boost exports from the sector Laminate sector: Huge export potential | Photo Credit: UNKNOWN The Covid pandemic exposed the
Insurers grapple with policy pricing, design as IRDAI mandates mental health, HIV cover – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/insurers-grapple-with-policy-pricing-design-as-irdai-mandates-mental-health-hiv-cover/article66583769.ece The regulatory authority’s circular has left some gaps in operational metrics of the cover owing to the lack of precedence and sufficient information
Atmanirbhar push: Rs 7,000-cr PLI boost for toys, bicycle components soon | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rs-7-000-crore-pli-scheme-boost-for-toys-bicycle-components-soon-123030500496_1.html Commerce and Industry Minister Piyush Goyal had said the finance ministry regularly keeps allocating money for PLI The government has finalised two new
👍Hospitality sector’s average occupancy seen crossing 70 per cent in 2024 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/hospitality-sectors-average-occupancy-seen-crossing-70-per-cent-in-2024/article66577185.ece Currently, the occupancy rate stands at 66 per cent on an industry level, and there has been an increase in the average room
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