Clipped from: https://www.business-standard.com/article/economy-policy/govt-issues-guidelines-for-textiles-pli-scheme-worth-rs-10-683-crore-121122801194_1.html Companies have to inform the ministry of textiles about their annual investment plan. The Centre on Tuesday released the operational guidelines for the
Category: Industry
India can be a winner in semiconductors – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/india-can-be-a-winner-in-semiconductors/article38057577.ece In the assembly, testing, marking, and packaging of chips, India has an advantage in terms of its low-cost, technical workforce With the announcement
A case of double-speak on pharma patents – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/a-case-of-double-speak-on-pharma-patents/article38057747.ece While India is pushing for waiver of IP rights for Covid medication at the WTO, at home it is open to monopolistic practices
Ecommerce companies to face action for any unfair practice: CCI chief – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/ecommerce-companies-to-face-action-for-any-unfair-practice-cci-chief/articleshow/88513323.cmsSynopsis The CCI had on December 17 withdrawn its nod for Amazon’s deal with Future Group and also imposed a ₹200 crore fine on
Chip shortage, key hurdle in 2021 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/chip-shortage-key-hurdle-in-2021/article38050708.ece The automobile industry is still clueless about when the chip shortage issues would end. – The Hindu The automobile industry is still clueless
FPI inflows in IPOs: FPIs invest record $10.8 billion in Indian IPOs in 2021 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/ipos/fpos/fpis-invest-record-10-8-billion-in-indian-ipos-in-2021/articleshow/88522769.cms SynopsisFPIs have been net buyers of $3.9 billion (Rs 26,951 crore) worth of Indian equities in 2021 despite selling $6.8 billion (Rs 52,900
Chartered Accountancy Bill: Proposal to have non-CAs in ICAI panel irks fraternity – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/consultancy-/-audit/chartered-accountancy-bill-proposal-to-have-non-cas-in-icai-panel-irks-fraternity/articleshow/88513429.cmsSynopsis The rejig in composition changes the power equation in favour of non-CAs in the committee which oversees the complaints and enquiries relating to
Sops will knock off 65-70% of chips fab setup costs for companies – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/sops-will-knock-off-65-70-of-chips-fab-setup-costs-for-companies/articleshow/88510864.cms SynopsisThe Vedanta Group, which is looking to invest between $3 billion and $5 billion to set up a display fabrication unit in the
Realtors on firm ground after tackling pandemic gloom; high hopes for 2022 | Business Standard News
Clipped from: https://www.business-standard.com/article/pti-stories/realtors-on-firm-ground-after-tackling-pandemic-gloom-hope-for-sunny-2022-with-better-sales-121122700256_1.html A strong foundation has been laid this year for revival in the Indian real estate sector, which is projected to reach $1 trillion
PE/VCs cash out more than Rs 23,000 cr via 24 IPOs in 2021 – The Financial Express
Clipped from: https://www.financialexpress.com/market/ipo-news/pe-vcs-cash-out-more-than-rs-23000-cr-via-24-ipos-in-2021/2390074/ Overall, 24 companies that raised funds were backed by PE/VC (private equity and venture capital) firms, giving hefty returns to these early investors
Paytm debacle fails to halt IPO juggernaut; strong pipeline seen for 2022 | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/paytm-debacle-fails-to-halt-ipo-juggernaut-strong-pipeline-seen-in-2022-121122700921_1.html 14 firms have hit the market after Paytm debacle; as many as 35 firms to raise Rs 50,000 cr in 2022, another 33
Healthcare sector to see 15-18 per cent annual growth once Covid recedes to endemic stage: Dilip Jose – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/healthcare-sector-to-return-to-15-18-per-cent-annual-growth-once-covid-recedes-to-endemic-stage-dilip-joseof-manipal-hospitals/article38040836.ece?homepage=true Dilip Jose, MD & CEO, Manipal Hospitals Dilip Jose, MD & CEO, Manipal Hospitals× We would hope that the healthcare sector continues to
Commercial real estate likely to see uptick in 3-6 months : Deloitte India’s Vijay KR – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/real-estate/commercial-real-estate-likely-to-see-uptick-in-3-6-months-deloitte-indias-vijay-kr/article38040801.ece?homepage=true Is the Indian realty market witnessing institutional investor interest? Residential sales are witnessing an upswing post the second wave of Covid infections despite
Liberalised refined palm oil import will be in consumer interest – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/markets/commodities/liberalised-refined-palm-oil-import-will-be-in-consumer-interest/article38031596.ece The policymakers should take note of the large differential between wholesale and retail prices of essential food products Deeply concerned over inflation, the
Steel demand firm, but higher input costs to pare margin in H2: CRISIL | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/steel-demand-firm-but-higher-input-costs-to-pare-margin-in-h2-crisil-121122500026_1.html Next fiscal year, steel demand is expected to grow at a moderate pace of 6.5-7.5%, led by further pickup in construction activity Representative
retail pharmacy industry: What’s in store – A look at the retail pharmacy industry in India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/whats-in-store-a-look-at-the-retail-pharmacy-industry-in-india/articleshow/88491126.cms SynopsisThe Indian pharmaceutical market forms a significant part of the healthcare sector’s ecosystem. According to the National Health Accounts, 2016-17, published by the
Hiking GST on handlooms, textiles will ring death knell for industry: TRS | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/hiking-gst-on-handlooms-textiles-will-ring-death-knell-for-industry-trs-121122400907_1.html The working president of ruling TRS in Telangana K T Rama Rao urged Prime Minister Narendra Modi to intervene in the matter to
Engineering goods export to China doubles – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/engineering-goods-export-to-china-doubles/article38028032.ece US remains top destination with exports worth $1,196 million Engineering goods exports to China more than doubled in November 2021 to $434.6 million
Pre-owned vehicle mkt in India likely to reach 8.2 million units by FY26: Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-news/pre-owned-vehicle-mkt-in-india-likely-to-reach-8-2-million-units-by-fy26-report/articleshow/88473361.cmsSynopsis The cost of ownership for a pre-owned/used vehicle is significantly less in comparison to a new one, mainly due to high depreciation, higher
‘2021 best IPO year in India in the last 20 years’: EY – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/2021-best-ipo-year-in-india-in-the-last-20-years-ey/article38023373.ece Over 15 companies have planned for IPOs in Q1 CY2022 – Getty Images/iStockphoto Over 15 companies have planned for IPOs in Q1 CY2022