National database of workers in informal sector in the works
The Bill seeks to empower the central government to formulate and notify, from time to time, suitable welfare schemes for unorganised workers on matters related to life and disability cover; health and maternity benefits; old-age protection; education; housing or any other benefit.
Banking sector set for more pain, deratings likely: Hemang Jani, Sharekhan
In terms of the NPL cycle and loan growth, there is a huge disconn...
Oil and gas firms invest less than 1% in green energy
While certain oil and gas majors have sought to burnish their green credentials, overal...
What ails India's pharmaceutical sector?
Unlike mature markets such as the US, where drug prices are market-controlled, here, the government and regulators play a pivotal role in the entire process. Regulators fix both the price companies pay for bulk drugs and the price at which they sell their products in the market, leaving little leeway to earn profit. For Indian pharma, this is a double-edged sword.
Electronics sector seeks lowering of GST, waiver of duty on imported inputs
In a Budget recommendation to the government, industry body Consumer Electronics and Appliances Manufacturers Association’s (CEAMA’s) president Kamal Nandi said lowering GST for eco-friendly and energy-efficient products like air conditioners and refrigerators to 12% will drive demand and increase adoption of sustainable appliances.
Jio annual operating income may double in 2 years: CLSA
Jio added 14.8 million customers in the fiscal third quarter, and its user base stood at 370 million at the end of December.
Tripura SEZ along Bangladesh to be multi-sector one
The Rs 1,550 crore special economic zone (SEZ), to be set up along the Bangladesh border in Tripura, would be a multi-sector SEZ and not just agro-based food processing SEZ, official said here on Saturday.
JM Financial net income jumps 14.6% in December quarter
The company's total income inched up 0.52 per cent to Rs 905.45 crore.
ITI Ltd to raise Rs 1,400 crore through FPO, use Rs 607 crore for loan repayment
The issue will open on January 24 and close on January 28, said the company in a statement.
Kolkata bucks home sales slump plaguing other Indian cities
About 43 % of offices in Kolkata were lying vacant in the second half of 2019.
Government plans to garner Rs 10,000 crore from 7th tranche of CPSE ETF
The issue is likely to open for anchor investors on January 30.
HCL Technologies expects strong demand across sectors in coming quarters
The company, which posted 15.5 per cent rise in revenue in the December quarter, is also seeing strong growth in the European and US markets.
FMCG sector to expand at 9% in FY20, growth to improve in FY21: Report
The Rs 4-lakh crore FMCG sector will close fiscal 2020 with a 9 per cent growth, down 4 percentage points and a jump in rural buying will lift the same to 11 per cent in fiscal 2021, a report said on Tuesday.
Water sector could get lion’s share of infra allocation in Budget: Vinayak Chatterjee
Integrated water works would include irrigation, laying of pipelines, raising of water for ultimate retail distribution etc. That sector will probably see a very high spike in allocation compared to previous years. The water sector will have a significant multiplier effect as like roads, it involves a huge degree of labour deployment. It will have very strong job multiplier effect.
Auto firms’ sales drop may ease in Q3, margins set to stay muted
Revenue of automakers, excluding Tata Motors, is expected to decline in low single digits.
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