Clipped from: https://economictimes.indiatimes.com/industry/services/retail/from-the-brink-to-recovery-indias-retail-sector-pins-hope-on-2021/articleshow/80007102.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis In a year when the COVID-19 carnage ripped apart the retail business, circa 2020 will best go down for the unravelling of the
Category: Industry
Auto parts industry revenue to grow 16-18% in FY22; outlook revised from negative to stable: ICRA – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-components/auto-parts-industry-revenue-to-grow-16-18-in-fy22-outlook-revised-from-negative-to-stable-icra/articleshow/80009781.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis ICRA expects the domestic auto component industry’s revenue to grow 16-18 per cent in the financial year starting April 2021, supported by factors
Why the bid war for DHFL may well end up being a curse for the winner | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/why-the-bid-war-for-dhfl-may-well-end-up-being-a-curse-for-the-winner-120122800905_1.html Establishing a greenfield HFC may be cheaper for the bidders than picking up one embroiled in fraud probes As the race for beleaguered
Centre extends suspension of insolvency initiation under IBC till March 25 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/centre-extends-suspension-of-insolvency-initiation-under-ibc-till-march-25/article33400181.ece Calibrated end of suspension may have helped debtors, say experts The Ministry of Corporate Affairs (MCA) has extended by three more months —
Liquidation under IBC: Understanding the numbers – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/liquidation-under-ibc-understanding-the-numbers/2158508/ Even cases forfeited under BIFR have seen 23% recovery from IBC liquidation By Neeti Shikha, Urvashi Shahi & Rahul Prakash Not even four
Reliance Communications’ resolution may hit a bump as banks mark its account as fraud – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/telecom/telecom-news/rcom-resolution-may-hit-a-bump/articleshow/79983719.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Resolution applicants Reliance Jio Infocomm and UV Asset Reconstruction Co. Ltd (UVARCL) may want to seek indemnity from any investigative proceedings into these
Asus bets on offline retail, to add 1,000 retail points – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/electronics/asus-bets-on-offline-retail-to-add-1000-retail-points/articleshow/79975815.cmsSynopsis “Post lifting of lockdown, the demand continues to be strong. From about 2.5 lakh units a month, the sales for the industry have
Ahead of DHFL voting, Oaktree fires fresh salvo against Piramal bid – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/ahead-of-dhfl-voting-oaktree-fires-fresh-salvo-against-piramal-bid/articleshow/79980300.cmsSynopsis A key point that Oaktree is harping on is the structure Piramal’s have proposed in their business plan, that involves a merger between
An effective rollout of Covid vaccine will be critical for revival of travel and tourism – The Economic Times
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,
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
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