Page 24 - India Inc

Lockdown 3.0: Industry bodies welcome relaxations, some confusion remains

Reiterate demand for a stimulus package

India Inc may see 15% fall in profits in FY21, 10% revenue decline: Crisil

At present, the country is under a 40-day lockdown till May 3, and there are indications of it being gradually withdrawn.

India Inc wants govt to shift focus to economy amid Covid-19 outbreak

CEOs warn of economic depression, say need to work within new normal

Top 10 biz headlines: Govt's 2nd stimulus, Moody's growth estimate and more

Finance Minister Nirmala Sitharaman is likely to announce this week a second round of stimulus package, for the most affected sections of society

Firms gear up for change in consumer behaviour in post-Covid world

It's for this new consumer that companies are adapting their products and services

More work from home, hot-desking: How India Inc will reboot after lockdown

The first of a three-part series looks at how the workplace across India Inc is all set to be disrupted

Lockdown 2.0: India Inc lends help to dealers amid coronavirus crisis

Incentive hikes, credit period extension among steps taken to support them during corona crisis

House panel opposes lay-off payment for workers during natural calamities

The Standing Committee has suggested that the government allow bigger companies to retrench workers, without the need to seek official nod from the government

PM Modi, Sitharaman to meet today to finalise second stimulus package

Friday's meeting follows a wide range of deliberations held within the government and with eminent experts.

Only negligent employers to be charged for Covid-19 cases, clarifies govt

Home ministry clarified that penal measures will not be across the board after India Inc raised concerns

Need to open industry across zones amid Covid-19 lockdown: CII to govt

The Home Ministry order classifies areas of large outbreak, or clusters with a significant spread of the virus, as 'hotspots' or red zones.

Covid-19 outbreak: Govt eases AGM deadline for certain section of companies

Under the Companies Act, 2013, companies have to hold their Annual General Meetings (AGMs) within nine months from the end of their financial year.

Centre seeks India Inc's view on economic revival amid Covid-19 outbreak

Key demands and suggestions include improving liquidity, cutting customs duties and goods and services tax (GST) rates, expediting all refunds and a halt on tax scrutiny

70% firms expect degrowth amid coronavirus outbreak, says survey

The survey, which covered 380 firms across sectors, portrayed that most of the respondents want tax relief, demand creation and ease of compliance from the government.

Top headlines: Oil plunges below zero, Sebi heat on Chinese investors, more

Here are the top 10 headlines for Tuesday

Business optimism for April-June quarter falls to record low: Report

The Dun & Bradstreet Composite Business Optimism Index stood at 49.40 per cent for Q2 2020 (April-June), a record low and worse than during the 2009 financial crisis.

Coronavirus outbreak: India Inc asks RBI for one-time loan recast

Analysts have already predicted that due to the lockdown, India's economic loss will be close to $ 234.4 billion or 8.1% of GDP

Covid-19 lockdown: India Inc to begin work under curbs, some wait

This comes even as supply chain constraints and labour shortage remain

Covid-19 impact: India Inc confidence index lowest since 2008 crisis

The index fell to 42.9 in the quarter, against 59 in the previous quarter

India blocks automatic FDI route for neighbours to curb hostile takeovers

Until now, Chinese investments were automatically allowed, similar to those from other nations, in all but 16 sectors, such as telecom, defence, and national security.