Clipped from: https://www.thehindubusinessline.com/economy/pharma-sector-to-grow-to-130-b-by-2030-gowda/article33782758.ece?homepage=true It is among the 10 top attractive sectors for FDI in the country The pharma industry is expected to grow to $130 billion
Category: Industry
Cover for gig workers: Amazon, others pledge Rs 500 crore to proposed social security fund – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/cover-for-gig-workers-amazon-others-pledge-rs-500-crore-to-proposed-social-security-fund/articleshow/80743698.cmsSynopsis The labour ministry has finalised the scheme for gig workers under the Employees’ State Insurance Corporation, which will be announced alongside the rollout
Hits and misses for real estate – BUDGET 2021: The Financial Express
Clipped from: https://www.financialexpress.com/money/budget-2021-hits-and-misses-for-real-estate/2187721/ Two major incentives given to the real estate sector are tax benefits for affordable housing and for private investment formats such as REITs
Fewer board meetings, exemption from preparing cash flow statement, more for small companies come April 1 – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-fewer-board-meetings-exemption-from-audtor-rotation-preparing-cash-flow-statement-more-for-small-companies-come-april-1/2187304/ Ease of Doing Business for MSMEs: Commerce Minister Nirmala Sitharaman in her budget speech on Monday had proposed to revise the definition of
Two-wheeler makers plan to resume capital expenditure plans in FY22 | Business Standard News
Clipped from: https://www.business-standard.com/article/automobile/two-wheeler-makers-plan-to-resume-capital-expenditure-plans-in-fy22-121020600074_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 This will come as a boost for the government, seeking private sector capex Two-wheeler makers are planning to resume their capital expenditure plans in FY22 as
Fast-food chains get future-ready as curbs are fully lifted, biz recovers | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/fast-food-chains-get-future-ready-as-curbs-are-fully-lifted-biz-recovers-121020501696_1.html Robust store rollouts in the works; focus on dine-in and delivery Food service players such as Jubilant FoodWorks and Westlife Development are putting
Vehicle scrapping plan will create jobs, lower costs: Nitin Gadkari | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/vehicle-scrapping-plan-will-create-jobs-lower-costs-nitin-gadkari-121020601228_1.html The move will lower the price of auto components by as much as 40 per cent, Gadkari said The voluntary scrapping policy for
Taxing clunkers: The Hindu Editorial on raising tax on older vehicles – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/taxing-clunkers-the-hindu-editorial-on-raising-tax-on-older-vehicles/article33669721.ece Raising tax on older vehicles will help shift to cleaner ones, but some sections will need help The Centre’s proposed policy to raise road
Time to sell the small stuff – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/time-to-sell-the-small-stuff/article33752324.ece Scores of low-profile public sector companies on the block are the products of a different era The headline ‘Scooters India to be sold’
PLI scheme to be launched on April 1 – WHITE GOODS: –The Financial Express
Clipped from: https://www.financialexpress.com/industry/white-goods-pli-scheme-to-be-launched-on-april-1/2189033/ Under the scheme, eligible investors are now proposed to get incentives of 4-6% on incremental sales (to be calculated over the base year
Key takeaways from the budget for businesses – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/key-takeaways-from-the-budget-for-small-businesses/articleshow/80666227.cmsSynopsis The government proposes to strengthen the NCLT framework, implement the e-courts system and alternate methods of debt resolution and special framework for MSMEs.
MCA amends definition of small companies, allows NRIs to incorporate One Person Companies – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/policy-trends/mca-amends-definition-of-small-companies-allows-nris-to-incorporate-one-person-companies/articleshow/80664903.cmsSynopsis The changes, announced by finance minister Nirmala Sitharaman during her budget speech on Monday, will come into effect from April 1, according to
MCA amends definition of small companies – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/union-budget-2021-live-news-nirmala-sitharaman-updates-february-03/liveblog/80661895.cms MCA amended the Companies Rules to revise the definition of a small company and to allow non-resident Indians (NRIs) to incorporate one person
Budget Impact on Companies: Goodwill depreciation out; companies face higher tax outgo
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/goodwill-depreciation-out-cos-face-higher-tax-outgo/articleshow/80659732.cmsSynopsis The proposal would influence some of the ongoing M&A deals and discussions on taking over companies going through bankruptcy proceedings. Many companies will
Flipkart Wholesale adds grocery to cart – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/flipkart-wholesale-adds-grocery-to-cart/articleshow/80671102.cmsSynopsis As a start, the grocery category will be available to retailers in Gurugram who can order products from the Flipkart Wholesale app Flipkart Wholesale,
Decoding the fine print of Nirmala Sitharaman’s ‘no harm’ Budget – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/budget-2021-key-highlights/articleshow/80621984.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The FM’s third Budget tackles the considerable wishlist of industries and consumers that were impaired by the Covid-19 pandemic, while acknowledging the spending
MCA initiates decriminalisation of LLP Act – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/mca-initiates-decriminalisation-of-llp-act/articleshow/80671734.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The government will decriminalise 12 compoundable offences under the Act and will omit section 73, which relates to penal provisions in case of
M&A costs to go up after Budget 2021 axes tax depreciation on goodwill | Business Standard News
Clipped from: https://www.business-standard.com/budget/article/m-a-costs-to-go-up-after-budget-2021-axes-tax-depreciation-on-goodwill-121020300252_1.html The amendments on goodwill are retrospective as depreciation on any past goodwill, partly claimed in the past, would not be available going forward
Why pharma stocks are underperforming despite Rs 2.23 trn Budget allocation | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/why-pharma-stocks-are-underperforming-despite-rs-2-23-trn-budget-allocation-121020200620_1.html Much of the increase in this year’s Budget allocation for health and well-being is attributed to expenditure set aside for Covid-19 vaccination Union
NRIs will soon be able to float one person companies – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/invest/nris-will-soon-be-able-to-float-one-person-companies/articleshow/80630943.cmsSynopsis Dedicating a separate portion of her 2021-22 Budget speech to company matters, Sitharaman said in the next fiscal year, MCA 21 portal will
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