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
Category: Industry
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
Seafood industry to recover in FY22 on strong demand: CRISIL SME Tracker | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/seafood-industry-to-bounce-back-in-fy22-on-strong-demand-sme-tracker-121010401028_1.html Domestic appetite for seafood waned as the pandemic-induced lockdown weakened demand from hotels, restaurants and cafes Subdued demand in both domestic and export
Zomato’s FY20 losses widen, revenues see substantial growth – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/zomatos-fy20-losses-widen-revenues-see-substantial-growth/2164191/ Zomato’s net losses increased by as much as 160.63% to Rs 2,451.17 crore in the year to March 31, 2020, the company’s regulatory
Not a penny to equity holders as DHFL bidders value firm’s shares at zero | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/not-a-penny-to-equity-holders-as-dhfl-bidders-value-firm-s-shares-at-zero-121010400844_1.html Investors baffled as DHFL had a market valuation of Rs 941 cr on Monday, with its stock trading at Rs 30 a share
A Canadian ‘Buy Local’ effort fights Amazon on its own turf – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/a-canadian-buy-local-effort-fights-amazon-on-its-own-turf/articleshow/80079814.cmsSynopsis So far, the Not Amazon website has garnered more than half a million page views and grown to include 4,000 businesses across Toronto,
ArcelorMittal, JSW Steel among six firms keen on buying Uttam Galva Steel | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/arcelormittal-jsw-steel-among-six-firms-keen-on-buying-uttam-galva-steel-121010300414_1.html Uttam Galva’s total admitted claims are Rs 9,070.66 crore, with ArcelorMittal having an 87 per cent voting share among financial creditors ArcelorMittal became
Brewing new ideas to sustain tea sector – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/brewing-new-ideas-to-sustain-tea-sector/article33465737.ece?homepage=true Tea plantation business has gone through a tumultuous last two decades, ever since the WTO came into being and quantitative restrictions (QRs) were
GoAir auditors raise going concern doubts as net worth erodes in FY20 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/logistics/goair-auditors-raise-going-concern-doubts-as-net-worth-erodes-in-fy20/article33465567.ece?homepage=true GoAir’s poor financial health and the ongoing Covid-19 pandemic have led the low-cost carrier’s independent auditors to cast doubts on whether it can
63 moons moves NCLT seeking recovery for DHFL creditors – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/63-moons-moves-nclt-seeking-recovery-for-dhfl-creditors/2161949/ “The benefit of avoidance applications for approximately Rs 30,000 crore filed by DHFL administrator under section 66 of Insolvency and Bankruptcy Code (IBC)
New six-month window: India Inc allowed to hold Board meetings via video conferencing till June 30 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/new-six-month-window-india-inc-allowed-to-hold-board-meetings-via-video-conferencing-till-june-30/article33465071.ece?homepage=true Video conferencing option for Board meetings should be legislated, suggest company law experts This is the fourth time that MCA is extending this
DPIIT writes to ED, RBI over alleged violations by Amazon, Flipkart: CAIT | Deccan Herald
The Commerce Ministry has forwarded representations of alleged violations by Amazon and Flipkart to the Enforcement Directorate and the Reserve Bank for “necessary action”, according
Powering up | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/electric-vehicles-market-india-tesla-7125381/ Government will need to incentivise shift to electric vehicles. Widespread adoption will require supporting infrastructure The electric vehicles market in India appears to
Maersk: With an eye on vaccines, logistics sector preps to go full throttle in 2021 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/with-an-eye-on-vaccines-logistics-sector-preps-to-go-full-throttle-in-2021/articleshow/80003535.cmsSynopsis The pandemic and its fallouts severely crippled India’s logistics sector in 2020. But with the massive task of distributing vaccines across the country,
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