Page 23 - India Inc

Four in a lift, facing the wall: Office etiquette in Covid-19 times

The second of a 3-part series discusses precautions taken by firms to keep employees safe

Life after lockdown: Ramping up isn't easy with curbs, labour shortages

The first of a three-part series looks at how manufacturing units are gearing up to the new normal

Sebi relaxes 25% minimum public shareholding norms, deadline postponed

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.

Covid-19 impact: Firms try to save jobs and their future through pay cuts

Several slash pays by up to 40% for May

Govt plans tax holiday for new investments amid Covid-19 outbreak

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

PM Modi announces Rs 20 trillion stimulus package to jump-start economy

'Self-reliant India' package is around 10% of GDP; lockdown 4.0 is on with new guidelines

Equity markets may cheer Rs 20-trn stimulus package; SGX Nifty jumps 5%

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%.

Haryana allows select firms to deploy 100% workforce in multiple shifts

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.

Rs 20-trn package need of the hour, will unleash economic growth: India Inc

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

Markets will cheer Rs 20-trn package, but the devil could be in the detail

The moot question would be how the Government will fund this package.

Top 10 biz headlines: Weak corporate earnings, restarting economy and more

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

Early-bird results: 7-day Covid-19 lockdown in March affected India Inc

Combined profit before tax of 81 firms down 37.5% y-o-y, worst show in at least 3 years

Lockdown 3.0: Re-starting production a task cut out for India Inc

Rusty machinery, lack of labour, confusion over rules bug corporate honchos

Tax tweaks can spur economic revival

These are extremely challenging times, and collective efforts by the government and industry would be required to bring the economy back on track

Lockdown 3.0: Rural India may drive demand recovery amid Covid-19 crisis

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.

Govt working on financial package for all sectors amid Covid outbreak

Union Minister for MSME and Road Transport and Highways Nitin Gadkari said "a package is going to be declared".

Govt mulling introduction of import substitution policy, says Gadkari

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.

Lockdown 3.0, global tension rattle markets; Sensex, Nifty crash nearly 6%

The Sensex closed at 31,715, down 2,002 points, or 5.94 per cent - its biggest single-day loss since March 16.

Centre owes Rs 3 trillion to states and industry amid Covid-19 outbreak

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

Covid-19 outbreak: India Inc plays safe, despite lockdown norms being eased

Demand slump, labour shortage put a damper on ramp-up