Clipped from: https://www.business-standard.com/article/finance/rbi-s-rs-50k-cr-liquidity-facility-can-augment-hospital-bed-capacity-crisil-121050700688_1.html Reserve Bank’s Rs 50,000-crore liquidity window can help augment the bed capacity at hospitals by up to 20% as credit will be available
Category: Industry
IDBI expects 2% of small borrowers to opt for recast – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/idbi-expects-2-of-small-borrowers-to-opt-for-recast/articleshow/82448203.cmsSynopsis IDBI Bank exited RBIs prompt corrective action (PCA) framework after four years in March this year, posted profits of Rs 512 crore at
Amid rise in raw material costs, margin pressures to weigh on tyre stocks | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/amid-rise-in-raw-material-costs-margin-pressures-to-weigh-on-tyre-stocks-121050601115_1.html Tyre companies may not be able to fully pass on the surge in raw material costs Margins for the larger tyre makers, Apollo
Supply-chain: Solar industry crimped by supply chain and logistical challenges – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/solar-industry-crimped-by-supply-chain-and-logistical-challenges/articleshow/82398275.cmsSynopsis The solar industry is facing a constellation of issues this year including higher prices for steel and aluminum, as well as elevated freight
Aluminium — the metal for an ‘Atmanirbhar Bharat’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/aluminium-the-metal-for-an-atmanirbhar-bharat/article34491805.ece The govt must rectify the pricing anomalies of bauxite to boost local production The primary source for aluminium is bauxite ore, which is
15-year norm too liberal | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/second-edit/15-year-norm-too-liberal-982434.html RBI has decreed that the post of MD and CEO of a private bank cannot be held by the same individual for more
Auto industry output set to hit a 9-month low in May – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-news/auto-industry-output-set-to-hit-a-9-month-low-in-may/articleshow/82394076.cmsSynopsis The total auto industry output this month is likely to be 1.2-1.5 million vehicles – almost half of the original plan, industry insiders
Steel makers raise prices by up to Rs 4,500 per tonne – The Financial Express
Clipped from: https://www.financialexpress.com/industry/steel-makers-raise-prices-by-up-to-rs-4500-per-tonne/2245856/ Despite anaemic domestic demand primarily due to lockdown and restrictions on mobility, the price hike is mainly to align with the international prices,
Get vaccinated, get a discount, offers Reliance General Insurance – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/get-vaccinated-get-a-discount-offers-reliance-general-insurance/article34478505.ece For inoculated customers, additional, one-time, 5 per cent discount on Reliance Health Infinity policy In a bid to encourage Covid-19 vaccination, Reliance General
FPIs bet big on private insurers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/fpis-bet-big-on-private-insurers/article34480992.ece Between FY19 and FY21, FPIs pumped in ₹52,527 crore into the insurance sector Foreign portfolio investors (FPIs) are going strong on the Indian
Good start – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/editorial/good-start/article34481710.ece RBI has started on corporate governance overhaul at private banks, but the approach is piecemeal The last two years have seen crises unfolding
Income Tax Dept sets threshold for significant economic presence – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/income-tax-dept-sets-threshold-for-significant-economic-presence/article34473809.ece Rules prescribing thresholds for SEP provisions would have limited impact, say experts The Income Tax Department on Monday notified a threshold for Significant
Fresh Covid wave may be too hot for AC industry – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/fresh-covid-wave-may-be-too-hot-for-ac-industry/article34479296.ece Key summer season could be a washout for AC companies, says Motilal Oswal report Disruptions due to Covid-19 have come at the wrong
API supply concerns from China fuel Alembic Pharma’s global prospects – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/api-supply-concerns-from-china-fuel-alembic-pharmas-global-prospects/article34481925.ece Company’s segment revenues surge 35% during the year The Covid-led supply disruptions of Active Pharmaceutical Ingredients (API) from China last year has proved
Hopeful of export potential, Centre unlikely to extend solar after PLI period – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/hopeful-of-export-potential-centre-unlikely-to-extend-solar-after-pli-period/article34481073.ece ‘Nations want to buy from India due to unreliability of Chinese suppliers’ The government is not likely to extend the basic customs duty
RBL Bank Q4 net profit down 34% – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbl-bank-q4-net-profit-down-34/article34480127.ece Sharp rise in provisions and lower interest income hit bottomline Private sector lender RBL Bank reported a 34 per cent drop in its
Pricing pressure in US market to impact margins of pharma companies | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/pricing-pressure-in-us-market-to-impact-margins-of-pharma-companies-121050401041_1.html Lack of new launches due to inspection delays, intensifying competition key headwinds Representational image The margins of Indian generic drug makers could be
Performance-linked incentives fail to excite solar manufacturing firms | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/performance-linked-incentives-fail-to-excite-solar-manufacturing-firms-121050401398_1.html Domestic manufacturers could end up getting barely 3-5 per cent of the sale value of their solar cells and modules as incentives through
Wistron: Foxconn, Wistron, Dell, 16 other cos apply for investments under PLI scheme for IT hardware – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/electronics/foxconn-wistron-dell-16-other-cos-apply-for-investments-under-pli-scheme-for-it-hardware/articleshow/82386724.cmsSynopsis Out of the total production, IT hardware companies have proposed production worth over Rs 1.35 lakh crore, and domestic companies have proposed production
Electronics, handset cos slash production – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/electronics/electronics-handset-cos-slash-production/articleshow/82396211.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Some component and device makers such as TMB Battery, Khy Electronics, Salcomp, Jabil, Sunwoda Electronics, JSP electronics, Hong Guang De Technology, Rashmi Rare
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