The liquidity scare faced by the non-bank financial companies (NBFC) have eased somewhat, but even there, well rated companies are the beneficiaries who have started issuing debt papers in larger numb
The idea of working from home, once derided in India owing to the widely held belief that one "worked" only if one went to an "office", is now no longer an incentive but a necessity.
Sebi's move a relief for cash-strapped companies
More than 1.45 lakh LLPs are registered under the LLP Act and a bulk of them are small and medium enterprises.
He cited a Business Standard report about the plight of retrenched workers of a private company, who were staring at a long battle ahead.
On March 27, the RBI had announced a three-month moratorium on all term loans in view of the Covid-induced lockdown and related disruptions.
The move is prompted by the steep impairment loss reported by the consolidated entity as SsangYong Motor (SYMC), its Korean subsidiary, and Genzee, its two-wheeler entity in the US, turned in losses.
If the CEO or WTD is not a promoter or major shareholder of the bank, that person can continue for 15 years at the bank, after which he or she must step down.
The firm said it was rewiring its security processes, and deploying artificial intelligence and bots to ensure there is no data leakage in its pursuit for providing seamless work from home experience.
Company denies retrenching 'workers', says cost rationalisation has impacted some managerial positions
Hotels, too, take the same route to ensure safe trips
Corporates can also simplify or reorganise complex group structures without the interference of minority shareholders through such moves, the agency said
HUL's permanent employee base in FY20, for the record, stood at 7,082, an increase of 25 per cent over the previous year.
Though the exact figure for semi-finished exports to China is not known, steel producers say a bulk would have gone to China.
Says GST rate reduction to go to Council; Council is likely to meet on Friday through video conferencing.
Revival of economic activity should overwhelm its agenda
Suspension should not result in unintended consequences
Suspending the entire labour law as some states have tried is not sustainable
Amara Raja Group Promoters holding the office of Managing Director in various businesses have voluntarily agreed for up to 50 per cent reduction in their total remuneration for the current fiscal
Companies like Siemens suggest the government needs to reduce the cost of doing business to ensure domestic firms grow