lipped from: https://www.thehindubusinessline.com/economy/logistics/government-may-crack-the-whip-on-travel-agents-airlines-for-holding-back-refunds/article34329532.ece May declare them ‘defaulters’ The government will soon crack the whip on airline companies, travel agents and mainly online travel aggregators, for holding
India Inc bracing for lockdown 2.0 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/india-inc-bracing-for-lockdown-20/article34329682.ece Larger companies ready with plans to face disruptions; smaller firms may bear the brunt Hundreds of companies across different sectors including manufacturing, textile,
Nasscom says laptops and chargers are ‘essential’ | COVID-19 CURFEWS: Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/covid-19-curfews-nasscom-says-laptops-and-chargers-are-essential-121041501546_1.html In its letter to the MIDC, Nasscom has stressed the need for a clarification while stating that e-commerce companies must be allowed to
Reliance Jio among the most competitive telcos, says Sunil Bharti Mittal | Business Standard News
lipped from: https://www.business-standard.com/article/companies/airtel-has-emerged-stronger-from-several-near-death-experiences-mittal-121041501419_1.html We have increased our market share, brand loyalty and index, and we’re getting more customers than the competition in the last 8-9 months,
Bond markets ignore RBI’s G-Sap largesse on rising inflation; yields soar | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/bond-markets-ignore-rbi-s-g-sap-largesse-on-rising-inflation-yields-soar-121041501126_1.html Doubts cast about G-Sap effectiveness at a the time when the Covid-19 surge is threatening to halt economic revival in the country The
Softbank Group to invest $450 million in Swiggy at $5.5 billion value | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/softbank-group-to-invest-450-million-in-swiggy-at-5-5-billion-value-121041600042_1.html Second funding for food delivery startup in as many weeks The financing from Masayoshi Son’s Vision Fund 2 awaits approval from Indian antitrust
Rise of risk capital | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/rise-of-risk-capital-121041501474_1.html Private funding is bridging a crucial gap India’s unicorn club is expanding rapidly, with 10 start-ups crossing the $1-billion valuation mark in just four months
Auto-debit bounces ease in March, but stay above pre-Covid levels – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/auto-debit-bounces-ease-in-march-but-stay-above-pre-covid-levels/2233863/ The share of unsuccessful auto-debit requests in volume terms eased from 36.65% in February. Bounce rates of anything above 25% remain a cause
The growth cost of intensifying lockdowns – The Financial Express
lipped from: https://www.financialexpress.com/opinion/the-growth-cost-of-intensifying-lockdowns/2234013/ The reported year-on-year GDP growth in the March quarter, and the quarter-on-quarter GDP growth in the June quarter, could dip into negative For
It is time for SMEs to tech up – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/it-is-time-for-smes-to-tech-up/2234017/ How technology will help revive small businesses impacted by the pandemic Let’s look at access to lending capital. By Porush Singh As the
Costlier crude, low base: WPI inflation shoots up to 8-year high of 7.39% – The Financial Express
Clipped from: https://www.financialexpress.com/economy/costlier-crude-low-base-wpi-inflation-shoots-up-to-8-year-high-of-7-39/2233907/ Rise in prices of some manufactured goods and food items like pulses and fruits also pushed the index. Retail (CPI) inflation scaled a
And the bad news keeps rolling in – COVID-19: The Financial Express
Clipped from: https://www.financialexpress.com/opinion/covid-19-and-the-bad-news-keeps-rolling-in/2233995/ The second wave, not yet over, will crush MSMEs further and, with it, the hopes of FY22 being the big-recovery year Corporate profits
Telecom market down to 3 private players, one operator increasingly becoming a question mark: Sunil Mittal – The Financial Express
lipped from: https://www.financialexpress.com/industry/telecom-market-down-to-3-private-players-one-operator-increasingly-becoming-a-question-mark-sunil-mittal/2233935/ Mittal also said India will be a force in the next 5-10 years as a major economy, building its success on industrial upliftment,
Changing nominee in NPS account? Here are the new nomination rules you should be aware of – The Financial Express
Clipped from: https://www.financialexpress.com/money/changing-nominee-in-nps-account-here-are-the-new-nomination-rules-you-should-be-aware-of/2233760/ A fresh nomination will have to be made by the subscriber on his/her marriage. Any nomination made before such marriage will be deemed
Personal hearing before NPA tag: RBI, lenders move SC – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/personal-hearing-before-npa-tag-rbi-lenders-move-sc/2233953/ A bench led by Justice R F Nariman refused to stay the entire HC judgment, but stayed a part which dealt with granting
Private credit is ‘solution capital’ – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/private-credit-is-solution-capital/2234010/ The main attractiveness of private credit, or direct lending to middle-market asset class, lies in its ability to be customised according to a
Wave II calls for stimulus part II–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/wave-ii-calls-for-stimulus-part-ii/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. If you put two and two together, no
India can be key player in global supply chain but has to rethink what its place will be: Indra Nooyi – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/india-can-be-key-player-in-global-supply-chain-but-has-to-rethink-what-its-place-will-be-indra-nooyi/articleshow/82087623.cmsSynopsis Interacting with Niti Aayog CEO Amitabh Kant in an event organised by e-commerce major Amazon, Nooyi also stressed on the need to revamp
ETtech Scoop: Swiggy set to raise $450 million from SoftBank – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/startups/swiggy-close-to-raising-450-million-from-softbank-vision-fund-at-5-billion-valuation/articleshow/82082536.cmsSynopsis The SoftBank deal is likely to peg Swiggy’s valuation at $5 billion—pre-money or pre-investment—and is an extension of the $800 million funding round
How Lijjat Papad wrote its success story with only Rs 80 for seed capital – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/how-lijjat-papad-wrote-its-success-story-with-only-rs-80-for-seed-capital/articleshow/82078424.cmsSynopsis Life at Lijjat’s 82 branches begins early, with women lining up before dawn to drop off finished products, pick up freshly prepared lentil