Clipped from: https://economictimes.indiatimes.com/industry/energy/power/solar-cell-modules-manufacturing-plan-to-boost-domestic-firms/articleshow/80629877.cmsSynopsis Sitharaman said solar energy has a “huge promise” in India as her budget speech focused on sustainable power sources. MUMBAI: Finance minister Nirmala Sitharaman has
Category: Industry
Tax benefit on mergers and acquisitions withdrawn – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/tax-benefit-on-mergers-and-acquisitions-withdrawn/articleshow/80629225.cmsSynopsis The government in the Budget 2021 said that no depreciation would be allowed on goodwill. Up until now many companies would end up
Power distribution could land Rs 3-lakh crore reforms scheme today – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/energy/power/power-distribution-could-land-rs-3-lakh-crore-reforms-scheme-today/articleshow/80618247.cmsSynopsis The loss reduction targets would be set state-wise and money will be disbursed gradually when they are achieved. While the prepaid smart
Government proposal of Rs 7,000 cr PLI for IT hardware insignificant; at least Rs 20,000 cr needed: MAIT – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/electronics/government-proposal-of-rs-7000-cr-pli-for-it-hardware-insignificant-at-least-rs-20000-cr-needed-mait/articleshow/80612437.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The Manufacturers’ Association of Information Technology (MAIT), whose members include Apple, Dell, HP and Lenovo, wants the government to address various disabilities that
How can Budget 2021 unleash greater potential for healthcare and pharma sector–business today
Clipped from: https://www.businesstoday.in/union-budget-2021/columns/how-can-budget-2021-unleash-greater-potential-for-healthcare-and-pharma-sector/story/429451.html Similar to the anticipation for the COVID-19 vaccination, the healthcare industry is also looking forward to an incentive booster in the upcoming Union
India’s real estate market sentiment at three-year high, shows data | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/india-s-real-estate-market-sentiment-at-three-year-high-shows-data-121012800078_1.html The current sentiments are in the positive zone boosted by pick up in demand for both residential units and office space Buoyed on
Commercial power demand pick-up to take 6 months: Tata Power DDL CEO | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/commercial-power-demand-pick-up-to-take-6-months-tata-power-ddl-ceo-121012500308_1.html “Ultimately, it is state discoms that do not have the desired level of performance. Private discoms have a good level of service and
Thanks to pandemic, IT cos register record high ’employee utilisation rate’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/thanks-to-pandemic-it-cos-register-record-high-employee-utilisation-rate/article33675453.ece?homepage=true In Q3, both Infosys and Wipro reported utilisation of 86.3 per cent The Covid-19 pandemic has put top IT companies in a Catch-22
L&T to invest in IT services, divest infra assets to be future ready: CEO SN Subrahmanyan – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/engineering/lt-to-invest-in-it-services-divest-infra-assets-to-be-future-ready-ceo-sn-subrahmanyan/articleshow/80466913.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis While engineering and construction, and IT services will be key growth drivers going ahead, L&T also plans to rollout two digital platforms in
Indigo Paints IPO: Here’s how to check allotment status – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/indigo-paints-ipo-heres-how-to-check-allotment-status/articleshow/80464994.cmsSynopsis Indigo Paints IPO, which was sold from January 20 to January 22 in the Rs 1,488-1,490 price band, saw the retail portion receiving
Increasing social interactions see cosmetics on the rebound; companies plan new launches – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/fashion-/-cosmetics-/-jewellery/increasing-social-interactions-see-cosmetics-on-the-rebound-companies-plan-new-launches/articleshow/80466348.cms SynopsisFoundations, compacts and other face make-up used to be the top products in the make-up category before the pandemic. However, with the spread
Plastics, petrochemicals should be included in the PLI scheme: Arvind Goenka, Chairman, Plexconcil – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/policy-trends/plastics-petrochemicals-should-be-included-in-the-pli-scheme-arvind-goenka-chairman-plexconcil/articleshow/80442272.cmsSynopsis With more than 30,000 processing units, India’s plastic goods are exported to over 200 countries, but the sector is facing many structural issues
Total room inventory occupancy for hotels in India stood at 29% in 2020: STR – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/total-room-inventory-occupancy-for-hotels-in-india-stood-at-29-in-2020-str/articleshow/80451528.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Hotel occupancy rates in Mumbai for 2020 stood at 39%, New Delhi at 36%, Chennai at 32% and Hyderabad at 29%. Hotels in
RBI exploring need for crypto currency as digital payments rise – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-exploring-need-for-crypto-currency-as-digital-payments-rise/articleshow/80452408.cmsSynopsis “Private digital currencies (PDCs) / virtual currencies (VCs) / crypto currencies (CCs) have gained popularity in recent years. In India, the regulators and
bitcoin: Bitcoin’s return to $40,000 in doubt as flows to key fund slow – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/bitcoin-return-to-40000-in-doubt-as-flows-to-key-fund-slow/articleshow/80446680.cmsSynopsis The pace of flows into the $20 billion Grayscale Bitcoin Trust “appears to have peaked” based on four-week rolling averages, JPMorgan strategists led
Grasim’s aim to pull off a Jio puts Asian Paints valuations in doubt – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/grasims-aim-to-pull-off-a-jio-put-asian-paints-valuations-in-doubt/articleshow/80446452.cmsSynopsis Many have come and failed as they were unable to get past Asian Paints’ unmatched distribution and value proposition to customers. MUMBAI: India’s
The shipping sector is at sea – The Hindu
Clipped from: https://www.thehindu.com/opinion/op-ed/the-shipping-sector-is-at-sea/article33651223.ece Sagarmala provides hope for improving carrying capacity and developing infrastructure and ports The major economies of the world have always realised the potential
After the storm: The Hindu Editorial on tightening scrutiny of large NBFCs – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/after-the-storm-the-hindu-editorial-on-tightening-scrutiny-of-large-nbfcs/article33651448.ece The RBI’s plan to tighten scrutiny of large NBFCs is critical for financial stability The RBI has proposed a significant shift in its regulatory
First set of five bulk drug, pharma input projects under PLI scheme cleared – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/first-set-of-five-bulk-drug-pharma-input-projects-under-pli-scheme-cleared/article33637838.ece The government has approved the first set of five pharma projects, worth a total committed investment of ₹3,761 crore, under the Production Linked
Securitisation volume improves in Q3 on revival in economy: Crisil – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/securitisation-volume-in-q3-improves-on-revival-in-economy-crisil/article33633603.ece Banks, insurance companies, MFs and HNIs join in investing in new issuances The securitisation volume in the third quarter (Q3/October-December 2020) of FY21
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