Clipped from: https://www.business-standard.com/article/companies/scrapping-policy-will-depend-on-integrity-of-fitness-centres-r-c-bhargava-121032000048_1.html The policy statement for the first time recognises that there is a need to ensure that vehicles are fit for continued use, says
Category: Industry
GST cut needed to make the scrappage policy work – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/gst-cut-needed-to-make-the-scrappage-policy-work/2216408/ Given the impact on the environment, both the Centre & states must help encourage users to scrap their vehicles Gadkari has said that
MCA sets annual remuneration limits for firms in red – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/mca-sets-annual-remuneration-limits-for-firms-in-red/article34111464.ece The limits also apply to independent directors of public firms; move seen benefitting start-ups, unicorns Public companies can now remunerate their non-executive directors,
Solar sector needs the right policy push – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/solar-sector-needs-the-right-policy-push/article34111014.ece India’s solar sector is heavily dependent on imports currently. – Getty Images/iStockphoto India’s solar sector is heavily dependent on imports currently. – Getty
Scrappage policy will have revolutionary impact: Renault India CEO – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/logistics/scrappage-policy-will-have-revolutionary-impact-renault-india-ceo/article34106146.ece Will elevate auto manufacturing in India to global standards The announcement of a scrappage policy by the Central government is indeed a historic
‘Electric cars are the future’ but dealers find it tough to sell – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/auto-focus/electric-cars-are-the-future-but-dealers-find-it-tough-to-sell/article34106787.ece Dealers grapple with consumers’ concerns over charging infrastructure and mileage Even as Puneet Dutt, a Noida-based MG Motors dealer, admits with a sigh
Loss-making cos can now pay remuneration to non-executive directors – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/loss-making-cos-can-now-pay-remuneration-to-non-executive-directors/articleshow/81590650.cmsSynopsis The remuneration limits will be one-fifth of the total amount that can be given to managerial persons or executive directors, according to a
MCA permits remuneration to independent directors in case of loss made by companies – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/mca-permits-remuneration-to-independent-directors-in-case-of-loss-made-by-companies/articleshow/81588634.cmsSynopsis Amending schedule V of the Act, the MCA also prescribed limits on such remuneration based on the effective capital of the firm, which
Solar project companies queue up to cash in on pre-duty benefits | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/solar-project-companies-queue-up-to-cash-in-on-pre-duty-benefits-121032501459_1.html For a project bid in March, import of panels would take place between June and July 2021 Sector analysts expect basic Customs duty
SEBI eases listing norms to help start-ups attract big investors – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/sebi-eases-norms-to-encourage-listing-of-start-ups/article34161073.ece?homepage=true Revamps open-offer provisions, tweaks rules to make de-listing more transparent SEBI on Thursday announced a slew of measures including making it easier for
Reliance Retail tells govt e-commerce players bypassing foreign investment norms – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/reliance-retail-tells-govt-e-commerce-players-bypassing-foreign-investment-norms/articleshow/81692788.cmsSynopsis At the meeting, Reliance Retail’s representatives said the Indian e-commerce policy does not allow foreign capital in the inventory-based model and foreign investment
Companies need to disclose cryptocurrency holdings, benami properties and audit trail from April 1 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/companies-need-to-disclose-cryptocurrency-holdings-benami-properties-and-audit-trail-from-april-1/articleshow/81689358.cmsSynopsis In a plethora of changes to the disclosure rules under the Companies Act on Wednesday, the ministry of corporate affairs (MCA) significantly enhanced
‘RuPay’s market share by volumes is 34%’ – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/rupays-market-share-by-volumes-is-34/2218027/ E-commerce is a very significant driver, but we are also seeing a lot of other interesting categories emerge. For example, we now have
SEBI seeks ‘discretion’ in prosecutions – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/sebi-seeks-discretion-in-prosecutions/article34153531.ece Watchdog wants the law amended as it faces charges of inconsistency Market regulator SEBI will be seeking ‘discretionary powers’ with regard to the
Steel off the peaks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/steel-off-the-peaks/article34152998.ece Massive infra investments are set to boost demand After enjoying a prolonged period of highs over the past six months on the back
Success of PLI scheme depends on how well Apple’s India plans shape up | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/success-of-pli-scheme-depends-on-how-well-apple-s-india-plans-shape-up-121032301454_1.html India is to be Apple’s second significant global hub The crucial issue is the government’s restrictions on Chinese foreign direct investment, which could
Retiring clunkers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/retiring-clunkers/article34142862.ece The scrappage policy is comprehensive but the source of funding for incentives needs clarification India’s vehicle scrappage policy finally appears to be getting
Scrappage policy unlikely to make people junk old vehicles for new ones: Jefferies–business today
Clipped from: https://www.businesstoday.in/sectors/auto/scrappage-policy-unlikely-to-make-people-junk-old-vehicles-for-new-ones-jefferies/story/434530.html Under the proposed policy, a scrapped vehicle will be offered a monetary value close to 4-6 per cent of the showroom value While
Blue Star enters AC mass market – The Financial Express
Clipped from: https://www.financialexpress.com/industry/blue-star-enters-ac-mass-market/2214989/ Blue Star’s manufacturing footprint spans five facilities. Construction for the plant at Sri City, Andhra Pradesh, will commence in FY22. Blue Star has
How the paper industry has been affected by the 3 ‘C’ factors – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/commodities/how-the-paper-industry-has-been-affected-by-the-3-c-factors/article34131826.ece?homepage=true Packing box makers worst hit, demand ban on kraft paper exports The Indian paper industry is going through one of its toughest phases