Clipped from: https://www.business-standard.com/article/companies/pharma-firms-with-india-focus-preferred-as-us-market-concerns-grow-123010300435_1.html Steady outlook and higher returns triggers for companies refining their strategy The Nifty Pharma index has been one of the major underperformers, declining
Category: Industry
India’s cement industry continues to present a puzzle to investors | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/india-s-cement-industry-continues-to-present-a-puzzle-to-investors-123010301009_1.html Given margin pressure and gradual demand revival, companies with strong balance sheet may gain in long run Five large cement majors with combined
Top carmakers post double-digit export growth with Maruti at the wheel | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/pv-exports-from-india-grow-in-2022-riding-on-maruti-suzuki-india-123010300909_1.html Clock 11% growth in the first 11 months of 2022 Notwithstanding global headwinds, passenger vehicle (PV) exports from India grew at a fast
Multiple factors caused roadblocks to rooftop solar growth: Union Minister RK Singh – The Hindu BusinessLine***
Clipped from: https://www.thehindubusinessline.com/economy/multiple-factors-caused-roadblocks-to-rooftop-solar-growth-r-k-singh/article66259276.ece While ground-mounted solar capacity is inching closer to its target, the rooftop category is staring at a huge shortfall as it has achieved
Pharma industry need to go beyond conventional generics to boost exports: Pharmexcil D-G – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/pharma-industry-need-to-go-beyond-conventional-generics-to-boost-up-exports-further/article66326674.ece In an interview with businessline, R Uday Bhaskar, Director, General, Pharmaceuticals Export Promotion Council (Pharmexcil), shares his thoughts Pharmexcil Director General Ravi Uday Bhaskar |
After ending on a positive note, pharma industry aims for a new high in 2023 – The Hindu BusinessLine***
Clipped from: https://www.thehindubusinessline.com/economy/after-ending-on-a-positive-note-pharma-industry-aims-for-a-new-high-in-2023/article66326667.ece | Photo Credit: RAGHUNATHAN SR Must focus on innovative products, finding ways to tackle pricing pressure, exploration of new markets Carving a niche for
Outbound travel picks up, India remains top source for several countries | Business Standard News*
Clipped from: https://www.business-standard.com/article/economy-policy/outbound-travel-picks-up-india-remains-top-source-for-several-countries-123010100106_1.html Travel from India increased significantly after resumption of direct flights in March, Turkiye Tourism Board said, with destination weddings contributing to arrivals While
PM’s vision for 2023 is mobile phone exports of Rs 1 trn: R Chandrasekhar | Business Standard News***
Clipped from: https://www.business-standard.com/article/economy-policy/pm-s-vision-for-2023-is-mobile-phone-exports-of-rs-1-trn-r-chandrasekhar-123010100351_1.html PM Modi’s vision for 2023 is to have mobile phone exports with the segment featuring in the top 10 export category from India,
Demand to exploration: Key warning signals for India’s gas industry in 2023 | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/demand-to-exploration-key-warning-signals-for-india-s-gas-industry-in-2023-123010100557_1.html Consumers will be in trouble, given rising European demand from India’s traditional suppliers, the absence of gas storage facilities and the lack of
Domestic passenger vehicles sales up 23% to record of 3.79 mn units in 2022 | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/domestic-passenger-vehicles-sales-up-23-to-record-of-3-79-mn-units-in-2022-123010100390_1.html Domestic passenger vehicles sales rose by 23 per cent to a record of 3.79 mn units in 2022 led by the likes of
Experts see 2023 as a year of smooth sailing for real estate sector | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/experts-see-2023-as-a-year-of-smooth-sailing-for-real-estate-sector-122122800778_1.html Demand likely to remain buoyant despite prospects of another rate hike; industry looking for tax breaks, lower transaction costs After a two year
Housing sales up 50%, new supply doubles in top-8 cities in 2022: PropTiger | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/housing-sales-up-50-new-supply-by-101-in-top-8-cities-in-2022-report-122122800824_1.html Mumbai and Pune lead property demand, taking a combined 56% share in overall sales; demand grew sequentially and yearly in all four quarters
Ensure smooth sailing for the travel industry | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/ensure-smooth-sailing-for-the-travel-industry/2926075/ GST and direct tax laws, in their current form, create several unnecessary hurdles for online travel agents as well as other sub-sections of
Real prospects for growth | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/real-prospects-for-growth/2927352/ Nudge factors like a conducive interest regime, rise in consumers’ home-ownership sentiment, improved home affordability, etc, helped real-estate growth in 2022. The anticipated
Multi-pronged policy support gives green signal to renewable energy: CRISIL | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/multi-pronged-policy-support-gives-green-signal-to-renewable-energy-crisil-122122601030_1.html Currently, non-fossil or clean sources make up around 25 per cent of energy and 40 per cent of the installed power base in
The world is using fewer cardboard boxes. That’s a bad sign for the economy – The Economic Times*
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/the-world-is-using-fewer-cardboard-boxes-thats-a-bad-sign-for-the-economy/articleshow/96443010.cms Synopsis Investors are watching closely for any harbingers of what is to come as fears mount that many of the world’s biggest economies
NCLAT sets aside pleas against CCI’s Rs 873-crore penalty on UBL, other beer makers – The Economic Times*
Clipped from: https://economictimes.indiatimes.com/news/india/nclat-sets-aside-pleas-against-ccis-rs-873-crore-penalty-on-ubl-other-beer-makers/articleshow/96464845.cms Synopsis The Competition Commission of India (CCI) on September 24, 2021, imposed penalties totalling over Rs 873 crore on UBL, Carlsberg India, All
Poultry sector gains on easing feed costs, uptick in demand – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/poultry-sector-gains-on-easing-feed-costs-uptick-in-demand/article66293350.ece But industry concerned over 2023 on rising prices of maize The poultry sector saw an improved performance in 2022 compared to the previous
Weak case for reducing tax on cars – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/weak-case-for-reducing-tax-on-cars/article66293919.ece Taxes and other policies are geared towards encouraging a shift to electric vehicles to promote fuel economy and energy security Maruti Suzuki Chairman
Taxes account for 67-80% of liquor prices; threatens sector’s future: ISWAI | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/taxes-account-for-67-80-of-liquor-prices-threatens-sector-s-future-iswai-122121800228_1.html High rates of taxation are crippling the alcoholic beverages sector and threatening the future of the liquor industry in the country, the International
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