Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/amazon-launches-250-million-venture-fund-for-sme-digitization-agritech-health-tech/articleshow/82083591.cmsSynopsis This announcement was made at the company’s Smbhav event. Amazon has announced a $250 million fund for India with the aim to focus on
Category: Industry
Uncertainties with rising Covid cases could compound NBFCs woes – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/icra-uncertainties-with-rising-covid-cases-could-compound-nbfcs-woes/article34317673.ece ‘Asset quality pressures would play out fully this fiscal as the level of economic activities are yet to pick up’ The resurgence of
Apollo Tyres enters truck, bus tyre market in North America – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/apollo-tyres-enters-truck-bus-tyre-market-in-in-north-america/article34316958.ece Apollo’s North American range of truck-bus tyres will be produced at its manufacturing units in Hungary and Chennai Following the launch of its
Change in tax structure prompted India Inc to favour buybacks again in FY21 | Business Standard News
https://www.business-standard.com/article/companies/change-in-tax-structure-prompted-india-inc-to-favour-buybacks-again-in-fy21-121041400874_1.html In 2020-21, Indian firms offered to buy back shares worth Rs 39,295 crore, or 97% more than Rs 19,972 cr proposed in the previous
SEBI may question Franklin MF on ‘missing’ ₹304 cr – The Hindu BusinessLine
https://www.thehindubusinessline.com/markets/stock-markets/sebi-may-question-franklin-mf-on-missing-304-cr/article34320470.ece Regulator already probing fund house for alleged fraud, unfair trade practices
Legality versus morality | Business Standard Column
Law and morality are often not aligned. Apart from regulations, we must consider the difficult perspective of character versus morality by exploring “behavioural corporate governance”
Autos to electronic goods and home appliances, industry looking at an awful April – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/durables/autos-to-acs-industry-looking-at-an-awful-april/articleshow/82075260.cmsSynopsis Impact on supplies of cars, two-wheelers, ACs, refrigerators and washing machines may show up as early as next week and supply challenges can
Zomato converts into public company from private limited co ahead of IPO – The Financial Express
Clipped from: https://www.financialexpress.com/market/ipo-news/zomato-converts-into-public-company-from-private-limited-co-ahead-of-ipo/2233208/ The name of the company has been changed to Zomato Limited from Zomato Private Limited, the filings showed. The company has been on
Related Party Transactions – Section 188 of Companies Act, 2013–TAX GURU
Clipped from: https://taxguru.in/company-law/related-party-transaction-sections-188-companies-act-2013.html How to Identify whether the proposed transaction is a Related Party Transaction u/s 188 of Companies Act, 2013 or not? 1st Stage (Preliminary
Smaller auto component suppliers bore a larger impact from pandemic: Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-components/smaller-auto-component-suppliers-bore-a-larger-impact-from-pandemic-report/articleshow/82068434.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis While the number of days for which these large companies held inventory and the number of days after which they received payment for
The myth and magic of unicorns | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-myth-and-magic-of-unicorns-121041400005_1.html According to US-based analytics platform CB Insights’ database, out of a total of 642 unicorns around the world, India has 29 as of
The mis-selling menace | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/the-mis-selling-menace-121041301493_1.html Sebi order on AT-1 bonds is in the right direction The Securities and Exchange Board of India (Sebi) in an order has imposed
Financiers buy into India’s used car business amid uptick in demand | Business Standard News
lipped from: https://www.business-standard.com/article/automobile/financiers-buy-into-india-s-used-car-business-amid-uptick-in-demand-121041301382_1.html An expansion of demand driven by economic uncertainty has accelerated the plans of organised players to tie up with banks and NBFCs GirnarSoft,
Covid-19 pushed steel exports to record high in FY21: SteelMint data | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/covid-19-pushed-steel-exports-to-all-time-high-in-fy21-steelmint-data-121041300557_1.html Finished steel exports in FY21 stood at 11.65 mn tonnes and semi-finished at 7.25 mn tonnes, up 31% and 153%, respectively, over previous
Hotel industry braces for tougher months ahead amid localised lockdowns | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/hotel-industry-braces-for-tougher-months-ahead-amid-localised-lockdowns-121041300970_1.html The recovery seen during the past two quarters is set to be disrupted Photo: Shutterstock A strong resurgence in the Covid cases and
India’s start-up sector is on a roll – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/indias-start-up-sector-is-on-a-roll/article34312855.ece Start-ups are faring much better than anyone would have dared predict last year – Getty Images/iStockphoto Seizing the pandemic-driven opportunities, quite a few
Will govt business recharge private banks? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/will-govt-business-recharge-private-banks/article34312544.ece The move will push privatisation of Indian banking and boost ease of doing business Two recent pronouncements, one by the Prime Minister in
It’s countdown to splitting CMD posts – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/its-countdown-to-splitting-cmd-posts/article34312794.ece India Inc must work towards separating the roles of the chairman and MD in right earnest to improve governance The SEBI Chairman recently
TCS Q4FY21 results do not justify current valuation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/news-analysis/tcs-q4fy21-results-do-not-justify-current-valuation/article34308556.ece The stock now trades at around 31 times its FY22 EPS, well above its one year forward PE of around 22-23 times in
HCL Tech joins Big-15 club of global IT companies with revenue of over $10 billion – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/hcl-tech-joins-big-15-club-of-global-it-companies-with-revenue-of-over-10-billion/article34310188.ece Tata Consultancy Services, Infosys and Cognizant are the other Indian companies present in it For the first time HCL Technologies has entered the
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