Clipped from: https://www.business-standard.com/article/economy-policy/covid-to-act-as-speed-breaker-but-won-t-derail-economy-say-experts-121051401215_1.html Some improvement likely when enough people are vaccinated in the later part of the year The pandemic and ensuing lockdowns would push up
Category: Industry
Sebi’s relaxed norms likely to give private equity firms faster exits | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/sebi-s-relaxed-norms-likely-to-give-private-equity-firms-faster-exits-121051401494_1.html Sebi also plans to replace the “promoter” concept to “person in control” So far, since PE funds have limited lives and long lock-in
SBI eyes over Rs 10K-crore credit pipeline for health infrastructure | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/sbi-eyes-over-rs-10k-crore-credit-pipeline-for-health-infrastructure-121051500044_1.html Ashwani Bhatia, managing director, SBI, said the bank had held discussions with firms that needed funds for building hospital infrastructure The Reserve Bank
Let promoter clause remain for better accountability – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/let-promoter-clause-remain-for-better-accountability/article34560086.ece Difficult to unearth Sahara-like scams if disclosures are curtailed in DRHP The market regulator Securities and Exchange Board of India last week came
Banks, RBI favour further cutback in small savings rates – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-rbi-favour-further-cutback-in-small-savings-rates/articleshow/82646853.cms Synopsis–The central bank has been struggling to keep bond yields from spiking in a year that will witness record government borrowing, with North
Steel industry faces challenges to pursue growth with stability – The Financial Express
Clipped from: https://www.financialexpress.com/industry/steel-industry-faces-challenges-to-pursue-growth-with-stability/2252198/ Manufacturing for full FY21 grows by (-) 9.8% and IIP by (-) 8.6%. This may be compared to second advance estimates for GDP
Modernising promoter, albeit gradually – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/modernising-promoter-albeit-gradually/articleshow/82638491.cmsSynopsis We need better corporate governance in India Inc, with the board and management held to account. Hence the reduced regulatory relevance of the
PLI for batteries should spur R&D – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/pli-for-batteries-should-spur-rd/articleshow/82638480.cmsSynopsis The plan, National Programme on Advanced Chemistry Cell Battery Storage, put forward by the department of heavy industry, proposes to create a battery
E-commerce firms face more hurdles in Maharashtra, Assam – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/e-commerce-firms-face-more-hurdles-in-maharashtra-assam/articleshow/82602598.cmsSynopsis The Maharashtra government, in a notification on Wednesday, said drivers and helpers of all goods carriers entering the state must carry a negative
Commerce Ministry seeks anti-dumping duty on certain rubber imported from 4 countries – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/comm-min-seeks-anti-dumping-duty-on-certain-rubber-imported-from-4-countries/articleshow/82625393.cmsSynopsis Directorate General of Trade Remedies (DGTR) has recommended the duty after concluding in its probe that ”Acrylonitrile Butadiene Rubber” from these regions has
Big apparel brands still need Bangladesh’s workers – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/big-apparel-brands-still-need-bangladeshs-workers/articleshow/82624993.cmsSynopsis Bangladesh’s garment-export economy is something of a modern miracle. In 1978, the country was primarily agricultural; its garment industry amounted to nine factories
Air cooler industry feels the heat due to COVID wave II–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/air-cooler-industry-feels-the-heat-due-to-covid-wave-ii/story/439095.html “The second wave of COVID-19 calling for lockdowns and movement restrictions has had an adverse impact on the industry. The air cooler industry
Commodities are the cheapest asset class in the world now: Jim Rogers – The Economic Times
lipped from: https://economictimes.indiatimes.com/markets/expert-view/commodities-are-the-cheapest-asset-class-in-the-world-now-jim-rogers/articleshow/82627407.cmsSECTIONSCommodities are the cheapest asset class in the world now: Jim RogersLast Updated: May 14, 2021, 02:19 PM ISTSynopsis “If you can find the
Number of independent directors on decline; PSUs mainly responsible for reduction: Report – The Economic Times
lipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/number-of-independent-directors-on-decline-psus-mainly-responsible-for-reduction-report/articleshow/82629611.cmsSynopsis The total number of IDs reduced to 2,249 in 2020 as against 2,396 in 2019 and 2,494 in the previous year, said the
Sebi objects to Securities Appellate Tribunal missing key member | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-objects-to-securities-appellate-tribunal-missing-key-member-121051301411_1.html Tribunal has taken opinion of senior counsel in the matter The SAT hears appeals against decisions that Sebi takes as securities market regulator
‘Promoter’ vs ‘person in control’: How will Sebi’s new proposal play out? | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/promoter-vs-person-in-control-how-will-sebi-s-new-proposal-play-out-121051301327_1.html The rationale behind replacing the concept of “promoter” with “person in control” is to absolve entities, which, in reality, don’t have any control
Auto-debit payment bounce rate increases again in April | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/second-covid-wave-auto-debit-payment-bounce-rate-increases-again-in-april-121051400052_1.html Experts say the rise may continue, given the lockdowns In absolute terms, in April of the 85.4 million auto-debit transactions initiated, 56.3 million
Will the deadlier second wave prompt Modi govt to go for another stimulus? | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/will-the-deadlier-second-wave-prompt-modi-govt-to-go-for-another-stimulus-121051201327_1.html A recent study found that the poorest of workers earned Rs 15,000 less on average last year. This time, state lockdowns may dent
Housing revival to boost economic sentiment: FM Nirmala Sitharaman | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/housing-revival-to-boost-economic-sentiment-fm-nirmala-sitharaman-121051400045_1.html SWAMIH Fund to benefit 116,000 home buyers, help banks and NBFCs grow Finance Minister Nirmala Sitharaman on Thursday said renewing stalled real estate projects will significantly improve
Liquidity Crunch: New mechanism in the works to aid exporters – The Financial Express
Clipped from: https://www.financialexpress.com/economy/liquidity-crunch-new-mechanism-in-the-works-to-aid-exporters/2251629/ Given paucity of funds with govt, exporters to borrow at repo rate against MEIS entitlement As per the mechanism being explored, the government