Clipped from: https://economictimes.indiatimes.com/industry/services/travel/2021-an-effective-rollout-of-covid-vaccine-will-be-critical-for-revival-of-travel-and-tourism/articleshow/79969907.cms SynopsisTill unfettered foreign travel returns, bringing with it large-scale exhibitions and conferences and group trips, it is domestic travel, particularly the leisure traveller,
Category: Industry
Amazon India’s e-commerce unit loss widens to Rs 5,849.2 crore in FY20, revenue up 43% – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/amazon-indias-e-commerce-unit-loss-widens-to-rs-5849-2-crore-in-fy20-revenue-up-43/2157229/ As per the filing, Amazon Seller Services saw its total expenses rising over 25 per cent from Rs 13,463.1 crore in FY19 to
Privacy battle | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/privacy-battle-120122401421_1.html Apple’s new update will affect Facebook’s revenue There is an old Zen koan that queries possible outcomes when an irresistible force meets an
Top real estate developers see more consolidation coming in 2021 | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/top-real-estate-developers-see-more-consolidation-coming-in-2021-120122500513_1.html Although residential sales faced a majot set back in Q2, they made a comeback with help of pent up demand Top real estate developers believe
How agile firms beat the lockdown blues – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/how-agile-firms-beat-the-lockdown-blues/article33412678.ece Companies that adopted agile methods were successful in tapping opportunities thrown at them by the Covid challenge Earlier this year, a large Indian
Indian Bank reports Pratibha Group fraud for dues of ₹574.66 crore – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/indian-bank-reports-pratibha-group-fraud-for-dues-of-57466-crore/article33412834.ece Chennai-headquartered public sector Indian Bank has announced that it fully provided Non-Performing Accounts of two companies of Pratibha Group namely, Pratibha Industries and
HC allows SFIO to interrogate Singh brothers for two weeks starting Jan 1 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/hc-allows-sfio-to-interrogate-singh-brothers-for-two-weeks-starting-jan-1/articleshow/79958437.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The SFIO had moved the high court against a September 22 order of the trial court denying it permission to examine the four
NCLT directs IBBI, lenders to investigate into the affairs of Lotus Auto Engineering – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-components/nclt-directs-ibbi-lenders-to-investigate-into-the-affairs-of-lotus-auto-engineering/articleshow/79956117.cms SynopsisThe development is likely to set a precedent as an order to investigate into the conduct of the Resolution Professional (RP) and the
Why China turned against Jack Ma – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/business/why-china-turned-against-jack-ma/articleshow/79951133.cmsSynopsis The loss of stature has come as Ma is facing increasing trouble with the Chinese government. Chinese officials Thursday said they had opened
Tata Steel Share Price: Is Tata Steel staring at headwinds ahead? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/rising-iron-ore-prices-unlikely-to-spoil-the-party-for-tata-steel/articleshow/79946727.cms Synopsis–Crude steel production in November grew 6.6 per cent year-on-year driven by an 8 per cent growth in China and 5.5 per cent
Waves of change – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/even-as-container-rates-are-at-artificial-highs-shipping-industry-dynamics-are-set-to-change/article33412455.ece Even as container rates are at artificial highs, shipping industry dynamics are set to change Indian exporters have been hit by a rise
Companies Amendment Bill, 2020: Decriminalising Companies Act – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/companies-amendment-bill-2020-decriminalising-companies-act/2156329/ There are also enabling amendment to exclude from the definition of listed companies, certain categories of private companies which may have their debt
Oaktree sweetens DHFL offer by Rs 1,700 crore – The Financial Express
Clipped from: https://www.financialexpress.com/industry/oaktree-sweetens-dhfl-offer-by-rs-1700-crore/2157120/ In an email sent to committee of creditors (CoC) just before the scheduled meeting of lenders on Thursday, Oaktree Capital said it would
Paytm’s net losses narrow by 28% in FY20, reports marginal rise in revenue from ops – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/paytms-net-losses-narrow-by-28-in-fy20-reports-marginal-rise-in-revenue-from-ops/2156297/ The fintech major’s total expenses decreased to Rs 5,861.54 crore in FY20 compared with Rs 7,254.8 crore in FY19. Paytm’s net losses narrowed
Self-reliant sugar industry | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/self-reliant-sugar-industry-120122201559_1.html Revenue-sharing mechanism can provide a lasting solution The government has minced no words in telling the sugar industry to stop relying on subsidies and other
CAIT says Amazon’s arbitrary policies to dominate India’s retail trade should end – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/cait-says-amazons-arbitrary-policies-to-dominate-indias-retail-trade-should-end/articleshow/79843206.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The court rejected Future Retail Ltd’s (FRL) plea for an interim injunction to restrain Amazon from writing to Sebi, the Competition Commission and
Debt for telecom industry to rise despite price hikes: ICRA – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/telecom/telecom-news/debt-for-telecom-industry-to-rise-despite-price-hikes-icra/articleshow/79838048.cmsSynopsis According to data released by the telecom regulator, the industry revenues in the first of FY21 has grown 25% on-year, while average revenue
Bids for DHFL still under evaluation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/bids-for-dhfl-still-under-evaluation/article33367587.ece The Committee of Creditors (CoC) for the troubled Dewan Housing Finance Corporation Ltd (DHFL) on Friday evaluated the bids by Oaktree Capital, Piramal
Flipkart sees 35 per cent rise in sellers this year – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/flipkart-sees-35-per-cent-rise-in-sellers-this-year/2152760/ With the need for social distancing and prioritising safety, the pandemic has led to millions of people turning to e-commerce this past year,
Fret not overmuch over IBC liquidation–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/fret-not-overmuch-over-ibc-liquidation/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. Should we worry that the working of the
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