The second of a 3-part series discusses precautions taken by firms to keep employees safe
The first of a three-part series looks at how manufacturing units are gearing up to the new normal
Experts said Sebi's relaxation would also benefit companies where promoter holding had increased beyond 75 per cent because of open offers or other acquisitions.
Several slash pays by up to 40% for May
Another variant of the programme will be to provide a four-year tax holiday to firms that invest $100 million or more in labour-intensive sectors
'Self-reliant India' package is around 10% of GDP; lockdown 4.0 is on with new guidelines
Following the announcement of a Rs 20-trn package, the Nifty contracts traded on the SGX shot up 5%, while the American depository receipts (ADR) of Indian companies gained between 3% and 10%.
Auto component major Sona Comstar, which earlier could deploy only half of its workers, has been allowed to bring in its entire workforce at its four plants - three in Gurugram and one in Manesar.
Industry bodies said the Make In India flagship will emerge as a key catalyst for attracting new investment, driven by much needed bold reforms in the areas of land, labour and liquidity
The moot question would be how the Government will fund this package.
From coronavirus impact on various sectors to how electronics majors are looking for ways to revive sales, here are the top ten business headlines of the day
Combined profit before tax of 81 firms down 37.5% y-o-y, worst show in at least 3 years
Rusty machinery, lack of labour, confusion over rules bug corporate honchos
These are extremely challenging times, and collective efforts by the government and industry would be required to bring the economy back on track
Top executives at auto, tractor and consumer packaged goods firms are optimistic. They are betting on the reverse migration of labourers boosting consumption and prediction of a favourable monsoon.
Union Minister for MSME and Road Transport and Highways Nitin Gadkari said "a package is going to be declared".
The Minister for MSME and Road Transport and Highways said a policy on import substitution is being thought of in the wake of the economic situation created by the COVID-19 pandemic.
The Sensex closed at 31,715, down 2,002 points, or 5.94 per cent - its biggest single-day loss since March 16.
Assocham President Niranjan Hiranandani said his talks with government officials showed dues to industry and states were pending in the form of refunds of I-T, VAT, and GST, and compensation
Demand slump, labour shortage put a damper on ramp-up