Clipped from: https://www.thehindubusinessline.com/opinion/brick-and-mortar-uncertainties/article33973624.ece Real estate developers will have to stay in watch-and-wait mode as they figure out customer behaviour in a post-Covid world It’s too early
Category: Industry
India woos Tesla with offer of cheaper production costs than China | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/india-woos-tesla-with-offer-of-cheaper-production-costs-than-china-121030201011_1.html But India faces a big challenge to win a production commitment from Tesla Union Minister Nitin Gadkari | File Photo India is ready
PLI scheme for air-conditioners, LED lighting to focus on component production, exports – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/durables/pli-scheme-for-air-conditioners-led-lighting-to-focus-on-component-production-exports/articleshow/81313390.cms Synopsis–Commerce and industry minister Piyush Goyal held a detailed consultation with the industry on Tuesday on how to make India a global production
Why China can’t fix the global microchip shortage – The Economic Times
Synopsis China’s self-sufficiency in semiconductors remains low: It exports about $100 billion worth of chips but imports more than $300 billion. Meanwhile, China makes 28%
bad bank: Nine banks, two non-bank lenders to infuse Rs 7,000 crore in bad bank – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/nine-banks-two-non-bank-lenders-to-infuse-rs-7000-crore-in-bad-bank/articleshow/81264978.cms SynopsisEleven shareholders will hold just above 9% each initially, and this would mean that no single shareholder has more than 10% in promoting
Textiles Ministry ‘re-looking’ PLI plan turnover threshold – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/some-players-seek-lower-threshold-on-turnover/article33955222.ece The Textile Ministry is taking a re-look at the proposed parameters of the Production Linked Incentive (PLI) scheme for the sector as some
Gadkari urges MSMEs to avail concessional finance and install solar rooftops – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/gadkari-urges-msmes-to-avail-concessional-finance-and-install-rooftop-solar/articleshow/81239869.cmsSynopsis The minister observed that a large amount is being paid by the MSMEs for power consumption, which contributes to up to one-fifth of
Which financial ratios tell you best about the health of a bank – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/which-financial-ratios-tell-you-best-about-the-health-of-a-bank/articleshow/81240691.cmsSynopsis Before jumping in to understand how to analyze bank stocks, one needs to understand the business model of banks and how they make
Pricier steel can be costly for economy – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/pricier-steel-can-be-costly-for-economy-ep/article33813520.ece To sustain post-Covid recovery, steel import tariffs must be cut to zero and iron ore export curbed The Competition Commission has opened a suo
India to be biggest driver of global energy demand growth in next two decades: IEA – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/india-to-be-biggest-driver-of-global-energy-demand-growth-in-next-two-decades-iea/article33798308.ece India to make up a quarter of global demand growth during 2019-2040; reliance on oil imports to rise above 90% by 2040; gas
Blue Star setting up Rs 130-cr plant at Wada to ramp up commercial refrigeration biz – The Financial Express
Clipped from: https://www.financialexpress.com/industry/blue-star-setting-up-rs-130-cr-plant-at-wada-to-ramp-up-commercial-refrigeration-biz/2192838/ The new plant, being set up as part of the company’s decision to strengthen its commercial refrigeration footprint, will cater to the rising
Consumption of packaged consumer goods set to double in India: Nestle India chairman – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/fmcg/consumption-of-packaged-consumer-goods-set-to-double-in-india-nestle-india-chairman/articleshow/81226999.cmsSynopsis Suresh Narayanan, who leads India’s largest packaged foods company, said 140 million households are expected to be added to the aspiring and affluent
Work towards more localisation or we will think of increasing import duty: Nitin Gadkari to Auto Industry – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-news/work-towards-more-localisation-or-we-will-think-of-increasing-import-duty-nitin-gadkari-to-auto-industry/articleshow/81204754.cmsSynopsis “I am requesting to [Sic.] auto manufacturing companies to take it (localisation) very seriously. Otherwise, for import of components we will think on
TV makers jump on PLI bandwagon as more AC companies evince interest | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/tv-makers-jump-on-pli-bandwagon-as-more-ac-companies-evince-interest-121021501406_1.html Apart from offering inducement to any incremental production over the next five years, the scheme has the potential to transform the manufacturing landscape
Air conditioners manufacturers commit to export target of 50% of sales | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/air-conditioners-manufacturers-commit-to-export-target-of-50-of-sales-121022401718_1.html As part of the announcement, the Centre has earmarked over Rs 1.46 trillion for 10 sectors under the scheme. Currently, India has a
More women in shop-floor – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/more-women-in-shop-floor/article33925984.ece The electronics sector can show the way Electronics units have always focussed on empowering women. With the government giving a big push to
What lies ahead for India’s solar sector? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/privacy-whose-business-is-it-anyway/article33925981.ece WhatsApp’s PR gaffe has led to some migration to Telegram and Signal – Reuters WhatsApp’s PR gaffe has led to some migration to
Stainless steel MSMEs will be on the verge of bankruptcy due to excessive import dumping from China, Indonesia: ISSDA – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/stainless-steel-msmes-will-be-on-the-verge-of-bankruptcy-due-to-excessive-import-dumping-from-china-indonesia-issda/articleshow/81212911.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The government reversed six trade remedies out of which three relate to stainless steel, which is just 3% of the overall steel industry
Cabinet to approve PLI scheme for electronics, medical devices–BUSINESS TODAY
Clipped from: https://www.businesstoday.in/current/economy-politics/cabinet-likely-to-approve-pli-scheme-for-laptops-tablets-medical-devices-today/story/432180.html PLI scheme for electronic gadgets could entail an investment of over Rs 7,000 crore. Companies setting up manufacturing units in India are likely
Industrial Code 2020: Parliament should fill the gaps, else courts will have to | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/panorama/industrial-code-2020-parliament-should-fill-the-gaps-else-courts-will-have-to-954590.htmlParliament building in Delhi. Credit: PTI File Photo The Industrial Relations Code 2020 is being promoted by the government as a bill that will