INDIAN TEA INDUSTRY
Deepika's mental health message, Indian food & free tea cups: Why India has been grabbing the spotlight at WEF 2020
The 50th WEF's theme is also expected to generate a lot of questions.
Indian firms take part in French investment summit
Company heads from India with footprints in France included Anand Mahindra, Group Chairman...
Pain for big Indian pharma companies continue warns CRISIL, as FDA woes remains unresolved
Indian drug makers in the last few years have dive...
SIAM bullish about revival of automobile industry
"This is the worst downturn of the automobile industry in the last 20 years," SIAM deputy director Sugato Sen told reporters. "We hope that the year 2020 will be the year of revival of the Indian automobile industry. Sales are expected to go up as penetration of automobiles in India is very low," Sen added.
Proposed cut in duty-free liquor, cigarettes to cause Rs 650 cr/year loss to airports: Industry body
Indian airports are likely to incur a revenue loss of Rs 650 crore per annum if the reported recommendations of the Commerce Ministry on duty-free sales are put in place, private airports operators body APAO said on Tuesday.
Reliance outpaces industry in petrol, diesel sales from its outlets
RIL outpaced industry in clocking double digit sales growth in petrol and diesel from its 1,400-odd outlets.
Budget should give clarity in levies for telecom industry: ICRA
The industry has been demanding a reduction in the overall charges paid by the operators mainly licence fee and spectrum usage charges, ICRA said in a pre-budget expectation note on Monday.
Indian Air Force’s LCA to get Astra missile firepower, not Rafale’s meteor
Sources said after the missile is inducted into the Su30MKI fighter jets from which it has been tested, the system would be integrated on other foreign-origin combat aircraft. The performance of the Astra, sources said, is regarded to be better than similar Russian systems currently in service.
Glenmark sells gynac business for Rs 115 crore
The sale of the gynac business comes two years after it sold its orthopedic business to the same company. Integrace will pay Rs 115 crore for four products of the portfolio that includes products like Dubagest, Mumfer and Fenza. These three products currently have sales of Rs 60 crore and are growing by 15%.
Announce convergence of all corporate tax rates to 15 pc in Budget: CII
The government last year reduced corporate tax rates to 22 per cent, plus surcharge and cess. However, companies will not be allowed to avail any tax exemptions or incentives.
Steel industry seeks duty cut on key raw materials in Budget
The basic customs import duty on anthracite coal is 2.5 per cent. Since ferro alloy industry plays a vital role in steel manufacturing, it is necessary to make available these reductants at international competitive price to make Indian steel mills more competitive, it said while recommending that customs duty on anthracite coal be reduced to zero from 2.5 per cent.
Share market update: Consumer Durables shares trade lower; VIP Industries dips 2%
The S&P BSE Consumer Durables index was trading 0.55 per cent down at 25,690.57.
Ministry of Commerce to showcase Startup India tableau at Republic Day Parade
The objective is to inspire and motivate youth to follow their dreams to generate wealth and become job creators and not just job seekers.
US needs to keep its ethos of being the land of opportunity, innovation: Sanjay Mehrotra, Micron
Immigration is important, H-1B visas are important and providing an environment that can continue to attract top talent from around the world to the United States, not just for studies but also to stay and contribute to the country for innovation and creating jobs is important, Kanpur born CEO of Micron Technology, Sanjay Mehrotra said.
Ebix to sponsor upcoming New Zealand-India cricket series
India will play five T20 Internationals, three One Day Internationals and two Test matches with Kane Williamson-led Kiwis between January 24 and March 4. “We are delighted to be among the sponsors for the New Zealand-India series,” said Robin Raina, chairman and CEO, Ebix. As per Raina, the tie-up with New Zealand is a reflection of their commitment for sports.
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