Clipped from: https://economictimes.indiatimes.com/industry/renewables/india-will-be-among-the-fastest-growing-renewable-energy-markets-globally-says-orix-head-of-energy-biz/articleshow/81638552.cms Synopsis-Orix had looked into other companies but zeroed in on Hyderabad-based Greenko, a company run by two first generation entrepreneurs–Anil Kumar Chalamalasetty and
Category: Industry
SEBI amends valuation norms on AT-1 bonds after FinMin push – The Economic Times
Clipped from: https://economictimes.indiatimes.com/mf/mf-news/sebi-amends-valuation-norms-on-at-1-bonds-after-finmin-push/articleshow/81637280.cmsSynopsis One week after the Finance Ministry intervened in the matter, the Securities and Exchange Board of India on Monday amended valuation rule of
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 While promoting domestic manufacture of solar modules, ongoing projects must be protected from import duty hikes Last week an office memorandum of the
Scrappage policy: Firms forge ahead to ‘steel’ scrap – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/commodities/scrappage-policy-steel-companies-gear-up-to-recycle-scrap/article34124248.ece?homepage=true Move to cut greenhouse gas emissions It’s not only automobile companies that are looking to gain from the new scrappage policy; steel companies,
Stabilising Options Of Renewable Power–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/stabilising-options-of-renewable-power/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. Reports say that Greenko Energy’s upcoming Rajasthan project,
Voltas expects double-digit growth in AC sales, demand from smaller towns to go up – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/durables/voltas-expects-double-digit-growth-in-ac-sales-demand-from-smaller-towns-to-go-up/articleshow/81614980.cmsSynopsis Voltas is also witnessing an increase in sales in smaller towns. Its present AC sales between the metros and non-metros are in the
The healthcare sector urgently needs a GST fix – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/the-healthcare-sector-urgently-needs-a-gst-fix/articleshow/81599602.cmsSynopsis Presently, the healthcare services provided by a clinical establishment, authorized medical practitioner or paramedics, are exempted from GST. The GST was one of the most
plastics: Plastic prices hit record high to stoke inflation concerns – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/plastic-prices-hit-record-high-to-stoke-inflation-concerns/articleshow/81581830.cmsSynopsis Even before the freeze, the industry was struggling to rebound from back-to-back hurricanes last year, meaning the supply shortfalls will have knock-on effects
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
AT-1 bonds: SEBI defends stance; points to safeguards – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/at-1-bonds-sebi-defends-stance-points-to-safeguards/article34093871.ece Market regulator SEBI is unlikely to change its stand on the controversial Additional Tier-1 (AT-1) bonds, despite a ‘request’ to do so from
‘Paper’ing over the cracks – Part 2 | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/paper-ing-over-the-cracks-part-2-121031701431_1.html Shareholders who expect value from IDs should ask Boards and managements whether the compensation presently given to IDs is adequate, having regard to
Shortage of new shipping containers adds to global trade turmoil – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/shortage-of-new-shipping-containers-adds-to-global-trade-turmoil/articleshow/81542991.cmsSynopsis The problem resembles those in the car industry, where auto makers cut computer chip orders early in 2020 expecting a slump in sales,
Automobile: Recall norms tightened for auto cos – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-news/auto-cos-to-be-fined-up-to-rs-1-cr-on-mandatory-recall-orders-for-defective-vehicles-govt/articleshow/81553927.cmsSynopsis The rules for testing of vehicles and mandatory recall under the Central Motor Vehicles Act provides for penalty in case of manufacturers or
vehicles: Scrapping Policy: Fitness renewal charges for transport vehicles older than 15 years proposed to go up by 62 times – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-news/scrapping-policy-fitness-renewal-charges-for-transport-vehicles-older-than-15-years-proposed-to-go-up-by-62-times/articleshow/81555868.cms SynopsisET has reviewed a copy of the draft notification, as per which, renewal of registration after 15 years for two wheelers, the cost
Indian TV makers await PLI scheme, say important for global competition–business today
The government of India has already been taking steps to encourage television manufacturing in India. In July last year, the cabinet imposed restrictions by changing
Steelmakers to pare debt worth Rs 35,000 crore by FY22, says CRISIL
A surge in global commodity prices in the last 8 months has seen profitability of domestic steel industry hit record highs leading to reduction in
CEAT Tyres aims to make deeper inroads into smaller towns and cities | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/ceat-tyres-to-make-deeper-inroads-into-smaller-towns-and-cities-121031600779_1.html To double Ceat Shoppes to 600 in 2 years as demand for personal vehicles gains traction CEAT Tyres CEAT Tyres is looking to double
Ola to set up cell manufacturing plant for powering Lithium-ion battery | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/ola-electric-plans-to-set-up-li-ion-battery-plant-invest-rs-2-400-crore-121031700076_1.html Ola will initially source the cells for the Li-ion battery used in its soon-to-be-launched e-scooters from South Korea The batteries are going to
Steel firms may find it tough to export next fiscal as domestic demand increases – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/steel-firms-may-find-it-tough-to-export-next-fiscal-as-domestic-demand-increases/article34081337.ece With the economy returning to normal slowly, steel consumption topped 10 million tonnes in Dec and Jan Indian steel companies will face problems
Shadow over solar power | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/shadow-over-solar-power-121031600056_1.html Punitive tariffs on components will cripple a growing sector The government has decided to implement a basic customs duty of 40 per cent
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