Clipped from: https://www.businesstoday.in/current/economy-politics/cabinet-approves-rs-10900-crore-pli-scheme-for-food-processing-industry/story/435351.html The PLI scheme will incentivise manufacturing of four major food product segments — ready to cook/eat foods, processed fruits and vegetables, marine products
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A billion for every chip-maker who ‘makes in India’ – The Hindu
Clipped from: https://www.thehindu.com/sci-tech/technology/a-billion-for-every-chip-maker-who-makes-in-india/article34207041.ece How to disburse the cash incentives has yet to be decided and the government has asked the industry for feedback, said a second
Non-repatriable investments will now be treated at par with domestic investments by resident Indians – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/invest/non-repatriable-investments-will-now-be-treated-at-par-with-domestic-investments-by-resident-indians/articleshow/81774092.cmsSynopsis When an NRI invests in India, she has to mention in the KYC form whether the funds will be repatriable or not. As
UltraTech Cement prepays long-term loan of Rs 5,000 crore loan | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/ultratech-cement-prepays-long-term-loan-of-rs-5-000-crore-loan-121033001039_1.html UltraTech Cement on Tuesday said it has prepaid its long-term loans of Rs 5,000 crore UltraTech Cement on Tuesday said it has prepaid its
Bucking the pandemic: India’s on its way to become the world’s pharmaceutical hub – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/healthcare/biotech/pharmaceuticals/bucking-the-pandemic-indias-on-its-way-to-become-the-worlds-pharmaceutical-hub/articleshow/81762171.cmsSynopsis Consequently, the Centre’s new-found vision amid the Covid-19 pandemic for a self-reliant India — ‘Aatmairbhar Bharat’ — if accomplished may well place the
NITI Aayog outlines a range of investment opportunities in healthcare sector – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/niti-aayog-outlines-a-range-of-investment-opportunities-in-healthcare-sector/articleshow/81761426.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis This is on the back of an aging population, a growing middle class, the rising proportion of lifestyle diseases, an increased emphasis on
Sebi cracks down on pseudo buy and sell orders designed to deceive | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-cracks-down-on-pseudo-buy-and-sell-orders-designed-to-deceive-121032900477_1.html Exchanges announce curbs to reduce trade orders aimed at manipulating the market; serial offenders could face trading disablement of up to two hours
Will increase focus on paints biz to capture the market: Kamdhenu Ltd CMD – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/will-increase-focus-on-paints-biz-to-capture-the-market-kamdhenu-ltd-cmd/article34187552.ece The economic growth that we desire has already started, says Satish Kumar Agarwal Kamdhenu Ltd, known for its TMT bars used in the
Status check of PLI schemes that aim to make India world’s factory | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/status-check-of-pli-schemes-that-aim-to-make-india-world-s-factory-121032900021_1.html Last year, the govt introduced a PLI scheme for mobile phones, electronic components, critical pharma drugs and medical devices, which saw huge traction
Over 4 cr old vehicles on Indian roads, Karnataka tops list at 70 lakh – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-news/over-4-cr-old-vehicles-on-indian-roads-karnataka-tops-list-at-70-lakh/articleshow/81734751.cmsSynopsis The Ministry of Road Transport and Highways has digitised the data of such vehicles throughout the country, excluding Andhra Pradesh, Madhya Pradesh, Telangana
10 most common mistakes taxpayers can avoid while saving tax – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/10-most-common-mistakes-taxpayers-can-avoid-while-saving-tax/2221531/ Common Income Tax Mistakes: Completing one’s tax planning exercise at the fag end of the financial year comes with its own share of
Budget signals focus on improving tax compliance, increasing transparency–SURANJALI TANDON WRITES: indian express
Clipped from: https://indianexpress.com/article/opinion/columns/union-budget-tax-compliance-economy-gdp-growth-7190263/ With little flexibility to change rates or to redefine the tax base, it is expected that the rate of growth in tax revenue
Neelkanth Mishra writes: Govt is carefully supporting industrial and consumer sentiment to take economy back to pre-pandemic path–indian express
Clipped from: https://indianexpress.com/article/opinion/columns/union-budget-2021-nirmala-sitharaman-post-pandemic-economic-recovery-7170474/ Despite being acutely aware of the plight of the urban poor, given the lack of efficient channels to provide direct help, the government
Budget 2021 fails to give priority to boosting jobs–ASHWINI DESHPANDE–indian express
Clipped from: https://indianexpress.com/article/opinion/columns/india-budget-2021-msme-sector-covid-19-impact-economy-nirmala-sitharaman-7170475/ The budget should have shown how serious it was about inclusive growth by announcing direct cash support to informal workers, circular migrants, agricultural
Budget balances next quarter with next quarter-century, blends prudence, ambition–MANISH SABHARWAL WRITES: INDIAN EXPRESS
Clipped from: https://indianexpress.com/article/opinion/columns/budget-nirmala-sitharaman-coronavirus-pandemic-economy-rbi-7170476/ This budget reflects policymaking that is risk-taking and ambitious. More importantly, when seen with the three Covid mini-budgets and seven previous annual budgets,
Mobile device makers press for 2021 as zero year under PLI scheme | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/mobile-device-makers-press-for-2021-as-zero-year-under-pli-scheme-121032700064_1.html Companies eligible for the scheme ask govt to invoke force majeure clause Mobile device players say that they have had a couple of
Tatas now free to pursue growth opportunities – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/tatas-now-free-to-pursue-growth-opportunities/articleshow/81714088.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The decision will also pave way for both Tata Sons and Tata Trust to nominate new members to their respective boards. While the
SC mum on Tata Sons valuation, Mistry comp details but Articles of Association specify terms, methodology – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/sc-mum-on-tata-sons-valuation-mistry-comp-details-but-articles-of-association-specify-terms-methodology/articleshow/81713072.cmsSynopsis Provisions last amended in 2000 in presence of Mistry and with his consent. Shares cannot be transferred to an infant, insolvent or those
A Welcome End to Tata Instability–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/a-welcome-end-to-tata-instability/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The Supreme Court’s verdict in favour of the
Tata-Mistry: Person who sets own house on fire doesn’t deserve to be in decision making body, says SC – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/tata-mistry-person-who-sets-own-house-on-fire-doesnt-deserve-to-be-in-decision-making-body-says-sc/articleshow/81712082.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The top court said it is an irony that the very same person who represents shareholders owning just 18.37 per cent of the
