Clipped from: https://www.thehindubusinessline.com/opinion/editorial/reinforcing-the-role-of-independent-directors-shouldnt-raise-compliance-burden-on-companies/article33990753.ece Reinforcing the role of independent directors shouldn’t raise compliance burden on companies To prevent family-owned listed companies from short-changing minority shareholders, our regulators
Category: Industry
Govt striving to reduce pharma sector’s regulatory compliance: Sadananda Gowda – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/govt-striving-to-reduce-regulatory-compliance-burden-on-pharma-sector-sadananda-gowda/article33933185.ece The pharma industry is capable of achieving the ambitious annual target of $130 billion by 2030, which it set for itself and the
Truth, lies and ‘certified’ statistics – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/r-srinivasan/truth-lies-and-certified-statistics/article33982068.ece A sound certification and standards system is critical for the ‘Make in India’ plan to succeed Last week, the Delhi government decided to
Govt committed to promote renewable energy, especially in MSME sector, says Nitin Gadkari – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/govt-committed-to-promote-renewable-energy-especially-in-msme-sector-says-nitin-gadkari/2211916/ The government is committed to promote renewable energy resources in the country, especially in the micro, small and medium enterprises (MSMEs) sector, Union
Transport Ministry proposes de-registration of government owned vehicles after 15 years – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/transport-ministry-proposes-de-registration-of-government-owned-vehicles-after-15-years/articleshow/81480429.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The ministry of road transport and highways on Friday issued a draft notification, proposing that registration of motor vehicles owned by Central government,
Finance Ministry writes to Sebi, ‘requests’ agency to withdraw perpetual bond rule – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/finance-ministry-writes-to-sebi-requests-agency-to-withdraw-perpetual-bond-rule/articleshow/81477791.cmsSynopsis The ministry’s objection is to the rule that requires debt mutual funds to value perpetual bonds as a 100-year instrument from April 1.
Basic customs duty on imported solar cells, modules positive for domestic OEMs: ICRA – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/basic-customs-duty-on-imported-solar-cells-modules-positive-for-domestic-oems-icra/article34053324.ece But may result in increase in solar tariffs The Government move to impose a basic customs duty (BCD) of 25 per cent on
Auto dealers may see pre-Covid levels of revenue, profitability in FY22: Crisil – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/auto-dealers-may-see-pre-covid-levels-of-revenue-profitability-in-fy22-crisil/article34044340.ece Recovery in new vehicle sales, and ancillary revenues will also help restore operating profitability Automobile dealers in the country may see their revenue
Tata Motors sees volumes rising 30% in CV segment in FY22 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/tata-motors-sees-volumes-rising-30-in-cv-segment-in-fy22/article34046709.ece Girish Wagh, President, Commercial Vehicle Business Unit, Tata Motors – The Hindu Girish Wagh, President, Commercial Vehicle Business Unit, Tata Motors – The
As normalcy returns, market share gains to continue for TVS Motor in FY22 | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/as-economy-re-opens-market-share-gains-to-continue-for-tvs-motor-in-fy22-121031101136_1.html Improving product mix and rising exports to aid margins TVS Motor New launches, market share gains over the last year and robust exports
Kalyan Jewellers’ Rs 1,175-crore IPO to open on March 16 – The Financial Express
Clipped from: https://www.financialexpress.com/market/ipo-news/kalyan-jewellers-rs-1175-crore-ipo-to-open-on-march-16/2210687/ The offer for sale comprises selling up to Rs 125 crore worth of shares by promoter TS Kalyanaraman and another Rs 250 crore
Producers of corrugated boxes in South urge Centre to ban export of kraft paper – The Financial Express
Clipped from: https://www.financialexpress.com/industry/producers-of-corrugated-boxes-in-south-urge-centre-to-ban-export-of-kraft-paper/2210843/ G Nagaraj, president, SICBMA, said that the corrugated box industry is eco-friendly as it uses biodegradable kraft paper as the main raw material.
Cement industry expected to grow 13% by volume in FY22: Crisil Ratings – The Economic Times
Clipped from: https://economictimes.indiatimes.com/india-chairing-taliban-sanctions-committee-key-factor-behind-inclusion-in-high-table/articleshow/81455625.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The decision to include India as the chair of this important sanctions committee in the UN significantly shaped the move to have India
Sebi proposes sweeping changes to rules for appointment of independent directors – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/sebi-proposes-sweeping-changes-to-rules-for-appointment-of-independent-directors/articleshow/81277950.cmsSynopsis The regulator plans to introduce the dual-approval system for the appointment and removal of independent directors. MUMBAI: The Securities and Exchange Board of
Sebi plans ‘dual approval’ for independent directors – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/sebi-plans-dual-approval-for-ind-directors/articleshow/81280779.cms SynopsisThe regulator plans to introduce the dual-approval system for the appointment and removal of independent directors (ID). MUMBAI: The Securities and Exchange Board of
Logistics policy to go to Cabinet for approval, aims to ease goods movement | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/logistics-policy-to-go-to-cabinet-for-approval-aims-to-ease-goods-movement-121031001446_1.html Indian industry pays a high logistics cost, hurting the competitiveness of domestic goods in the international market. A national grid of logistics parks
Poultry sector eyes recovery on rising demand, birds shortage – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/poultry-sector-eyes-recovery-on-rising-demand-birds-shortage/article34037948.ece?homepage=true Live birds, egg prices rebound from lows After facing the double whammy of Covid pandemic and bird flu over the past one year,
Facing a crisis, corrugated box makers seek a ban on kraft paper exports – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/facing-a-crisis-corrugated-box-makers-seek-a-ban-on-kraft-paper-exports/article34038446.ece?homepage=true Rising cost of kraft paper, shortage due to exports, push local industry to the brink The South India Corrugated Box Manufacturers’ Association (SICBMA)
shipping: I’ve never seen anything like this: Chaos strikes global shipping – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/ive-never-seen-anything-like-this-chaos-strikes-global-shipping/articleshow/81372796.cmsSynopsis Empty containers are piled up at ports in Australia and New Zealand; containers are scarce at India’s port of Kolkata, forcing makers of
Haryana’s job quota law may hit investments in auto sector – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-news/haryanas-job-quota-law-may-hit-investments-in-auto-sector/articleshow/81341339.cms Synopsis–“Whilst we encourage employment generation, it would’ve been easier if we could find a better solution. We don’t want to be in a