Page 36 - Companies

India's most admirable brands: The brands that have moved beyond marketing

India's most admirable brands: The brands that have moved beyond marketing

SC verdict today on MHA's order to pay full wages to staff amid lockdown

Earlier, the Supreme Court observed that some negotiations have to happen between employers and workers to iron out what has to be done for the salary for these 54 days

IBC suspension during Covid-19 will give firms breathing space: Experts

As per the Ordinance, the corporate insolvency resolution process cannot be initiated against a company under the IBC for defaults arising on or after March 25, 2020, for a period of six months

President approves ordinance to suspend IBC, offer 6-month relief to firms

Reprieve can be extended up to a year via govt notification; default committed before March 25 not to enjoy benefit

Covid-19 to accelerate adoption of automation technologies, says Nasscom

The report cited sewing machine operators, graders and sorters of agricultural products as examples of completely automatable occupations

Covid-19 crisis threatens to wipe out gains from corporation tax cut

The tax cut in September last year had resulted in a 10% increase in the post-tax profits of index companies

Tamil Nadu signs MoUs worth over Rs 15,000 crore to generate 47,000 jobs

The proposed investment will be towards company's proposed brownfield expansion at company's Oragadam facility near Chennai

Street signs: More companies could delist, RIL's rights issue, and more

Delisting of companies could gain traction with some promoters eyeing to wrestle full control, taking advantage of the drop in share prices triggered by the Covid-19 pandemic

UP hand sanitiser capacity at 300,000 litres/day, firms seek export permit

Earlier this month, the Centre banned export of alcohol-based hand sanitisers

IFC plans to invest $10 million each in Endiya Partners, Onsitego

In Endiya Partners Fund II, the World Bank's investment arm will invest an equity investment of upto $10 million.

Over 150 global firms urge govts to align Covid aid with climate science

The statement comes as governments around the world are preparing trillions of dollars worth of stimulus packages to help economies recover from the impacts of the coronavirus

Nifty FY22 EPS set to surge between 10% and 30% despite economic shock

The brokerage highlights how the share of Nifty companies' profit in GDP and GVA (gross added value) has been meagre and falling. From a share of 2.8 per cent of GDP, it is now at 2 per cent

Great social divide: A new normal post Covid-19

Economic and social activities will come out from slumber in the coming weeks

No fresh insolvency to be initiated for 1 year under IBC: FM Sitharaman

Minimum threshold to initiative insolvency proceeding has been raised to Rs 1 crore from Rs 100,000 to benefit MSMEs

German footwear brand Von Wellx shifts production from China to India

Production will now happen at Agra in collaboration with Iatric Industries; German brand is sold in 80 countries and has over 100 mn customers worldwide

Trump threatens new taxes on companies that make goods outside US

Trump said in a Fox Business Network interview that taxation was an "incentive" for companies to return manufacturing to the United States

Tamil Nadu plans to give relocation incentives for firms moving to state

Tamil Nadu houses over 620 Japanese companies, making it the home for the second largest number of Japanese companies operating in India

Eight of 10 most-valued Indian companies lose Rs 2.50 trillion in m-cap

Reliance Industries and Bharti Airtel managed to close the trading week with gains

Gujarat eases labour laws, offers land to firms shifting base from China

The state government also offered land and infrastructure for companies and projects that were looking to shift base from China to other destinations

Cloud over online AGM for banks as they don't fall under Companies Act

MCA notification doesn't include banks as they are governed by separate Act; sources say separate guidelines may have to be issued for them