Clipped from: https://economictimes.indiatimes.com/markets/expert-view/baton-being-handed-over-from-safety-to-risk-in-market-sunil-subramaniam/articleshow/80251644.cmsSECTIONSBaton being handed over from safety to risk in market: Sunil SubramaniamLast Updated: Jan 13, 2021, 05:30 PM ISTSynopsis ‘The services sector will bounce
Category: Industry
Domestic hospitality industry to contract by 65 per cent in FY21: Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/domestic-hospitality-industry-to-contract-by-65-per-cent-in-fy21-report/articleshow/80233178.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis In a report, rating agency Icra said it expects the industry to contract 65 per cent in the financial year 2021, with massive
We have reduced the debt burden, the worst is over: Coffee Day Enterprises’ Malavika Hegde – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/food/we-have-reduced-the-debt-burden-the-worst-is-over-coffee-day-enterprises-malavika-hegde/articleshow/80239216.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 SynopsisI am bullish on both the cafe and vending businesses. Both businesses will need to pass a few more hurdles before they flourish,
Poultry sector in a flap as bird flu spreads – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/poultry-sector-in-a-flap-as-bird-flu-spreads/article33552428.ece?homepage=true Demand dips for egg, chicken; no transmission to humans The poultry sector is on tenterhooks as more States report avian flu in migratory
Cipla recalls 5.8 lakh packets of gastric ulcer treatment drug from US market–business today
Clipped from: https://www.businesstoday.in/current/corporate/cipla-recalls-58-lakh-packets-of-gastric-ulcer-treatment-drug-from-us-market/story/427526.html The drug firm has manufactured the affected lot at its Kurkumbh facility in Maharashtra and then supplied to its New Jersey-based subsidiary The
Union Minister Nitin Gadkari assures regulator for steel, cement industry to curb cartelisation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/cement/cement-factories-exploiting-market-situation-says-gadkari/articleshow/80198413.cmsSynopsis Real estate developers, for the last few months, have been alleging cartelisation by cement and steel manufacturers and seeking government intervention to regulate
CBI books Hyderabad-based Coastal Projects Ltd in connection with Rs 4,736 crore bank fraud – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/cbi-books-hyderabad-based-coastal-projects-ltd-in-connection-with-rs-4736-crore-bank-fraud/articleshow/80187680.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The complaint from the SBI, now a part of the FIR, has alleged that the accused construction company, during the five year period
Bird flu outbreak hits poultry prices; sales plummet in North – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/bird-flu-outbreak-hits-poultry-prices-sales-plummet-in-north/article33531481.ece Consumption and prices of both chicken and eggs have gone down drastically due to the bird flu scare – Arunangsu Roy Chowdhury Consumption
Videocon’s lenders give nod to Vedanta’s ₹3,000-crore offer – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/videocons-lenders-give-nod-to-vedantas-3000-crore-offer/article33503769.ece At less than 10% of group’s ₹46,000-cr debt, creditors to take big haircut Lenders will have to take a massive haircut as they have
Oaktree provides unconditional, implementable plan for DHFL resolution – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/oaktree-provides-unconditional-implementable-plan-for-dhfl-resolution/2166510/ US-based Oaktree Capital has said its revised bid for the debt-ridden DHFL is unconditional and comes with a commitment of fresh capital infusion
Strong winds of change set to sweep health insurance sector – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/health-insurance-segment-set-to-witness-major-winds-of-change/article33502114.ece 2020 was a transformative year for health cover due to the Covid outbreak Marked by innovation and digital push, 2021 will witness major
Two steps to boost broadband usage | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/two-steps-to-boost-broadband-usage-121010700056_1.html The first, fixing technology gaps, should be easy. The second warrants consideration for better services and to avoid undue disruption Last month, the Cabinet announced
New draft law on minimum age a potential headwind for cigarette makers | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/new-draft-law-on-minimum-age-a-potential-headwind-for-cigarette-makers-121010501261_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Newsletter_11072018 Analysts view the development as negative for ITC, Godfrey Phillips and VST Inds The central government, through the proposed Cigarettes and Other Tobacco Products (Prohibition
It’s raining billionaires in India’s pharma and health care space | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/it-s-raining-billionaires-in-india-s-pharma-and-health-care-space-121010600075_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Created 7 billionaires in 2020; now 17 super-rich promoters in the sector with combined wealth of Rs 4.35 trillion The pharma and health
Tata Motors eyes lost ground, brings back Safari to push SUV sales | Business Standard News
Clipped from: https://www.business-standard.com/article/automobile/tata-motors-to-up-the-ante-in-the-suv-market-with-two-new-vehicles-121010601306_1.html The Mumbai-based firm will launch the new Safari next month followed by the Hornbill next fiscal Tata Motors is looking to hitch a ride
Poultry sector: Bird flu yet to hit consumption – The Financial Express
Clipped from: https://www.financialexpress.com/industry/poultry-sector-bird-flu-yet-to-hit-consumption/2165913/ The All India Poultry Breeders Association (AIPBA) has said that consumption of poultry products has not been hit so far even as several
India is no place for insider trading–the econcomic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/india-is-no-place-for-insider-trading/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. Big-ticket foreign portfolio investors (FPI) are reportedly miffed
When Deep Kalra almost sold MakeMyTrip for $10 million – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/entrepreneurship/when-deep-kalra-almost-sold-makemytrip-for-10-million/articleshow/80108711.cms SynopsisGood businesses have not seen the light of day because entrepreneurs give up too early, says the MakeMyTrip founder. In one of the
India’s pharma export shoots up amid coronavirus pandemic; ‘China plus one’ policy helps – The Financial Express
Clipped from: https://www.financialexpress.com/industry/indias-pharma-export-shoots-up-amid-coronavirus-pandemic-china-plus-one-policy-helps/2164710/ India’s formulation surged 18 per cent while the bulk drug exports rose 9 per cent on-year during H1 FY21. India’s pharmaceutical industry significantly
DHFL resolution: Kapil Wadhawan reiterates offer of 100% principal repayment – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/kapil-wadhawan-reiterates-offer-of-100-principal-repayment/article33494212.ece With the clock ticking on the resolution of debt-ridden Dewan Housing Finance Corporation Ltd (DHFL), Kapil Wadhawan, former promoter, reiterated his offer of
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