• India Smart Door Locks Market Expected to Register at a CAGR of 38.9% during 2016 - 2023 30 Nov 2020 08:54 The MarketWatch News Department was not involved in the creation of this content. New York, United States, Mon, 30 Nov 2020 03:19:54 / Comserve Inc. / -- India smart door locks market is expected to register a CAGR of 38.9% over the forecast period …
  • LVB bondholders gear up for court battle 30 Nov 2020 08:08 LVB wrote down Basel III-compliant, tier-2 bonds worth ₹320 crore on November 26, a day before its amalgamation with DBS Bank India on the RBI’s instructions. A petition could be filed in the Madras High Court this week, said people that are part of the …
  • India car market ends 2020 festive season on a high, retails over 1 million since August 29 Nov 2020 21:25 After recording the highest ever dispatches in October, the industry is likely to close November with the highest ever dispatches for the 11th month of the year at 2.80-2.85 lakh units, witnessing a growth of 8-9%. Moreover, retail sales are expected to be …
  • View: Two countries, India then, India now 29 Nov 2020 21:23 The India of ‘then’ denotes not just a time gone by, but it also denotes a country transformed, almost beyond recognition. Though the physical boundaries of the India of then are much the same as they are of the India of now, much of its interior landscape …
  • Stepping out of the shadow of India’s malnutrition 29 Nov 2020 19:23 An immediate universalisation of the PDS, distribution of quality food items and community kitchens are a few solutions “School-er prarthana sabhar somoy hotat matha ghure pore jaoar ghotona hamesai ghotte dekhi amra. Beshirbhag khetrei ora mid-day-meal …
  • No need for religious conversions in India as Hindus are free to read Quran or Bible, says Uma Bharti 29 Nov 2020 09:26 Senior BJP leader and former Chief Minister Uma Bharti has said there is no need for religious conversions in the country, when asked about the proposed law to criminalise forcible religious conversions in Madhya Pradesh. Speaking with reporters in Maihar, …
  • EDITORIAL COMMENT | Victory For Choice 28 Nov 2020 22:15 In a landmark judgement, the capital's highest court has struck down an archaic provision of the Indian Penal Code (IPC) which criminalises homosexuality. It has ruled that Section 377, in so far as it penalises gay sex between consenting adults, was …
  • Covid proof cos: Here's a list of Indian & global firms that flourished in this pandemic 28 Nov 2020 19:59 Indian firms such as Reliance Industries, Adani Group, the Tata Group, and global firms like Amazon, Facebook and Google have significantly added to their wealth despite a raging Covid pandemic that brought life to a near standstill in most parts of the …
  • The pitfalls of regulating social media 28 Nov 2020 19:59 In western academic circles, there is a school of thought that such platforms do have an obligation to shape themselves and conduct themselves in a way that is deemed constructive for society, which effectively means self-regulation. ​​Some law- makers …
  • Why I'm Losing Hope In India 28 Nov 2020 18:08 My generation of Indians has often been disappointed in our country, and we have sometimes despaired about the direction it was taking, but it's been impossible for us to stop hoping. Our own past has trained us to see the silver lining. Opportunities …
  • Energy Drink Market SWOT Analysis by Key Players PepsiCo, Coca Cola, Red Bull, Dabur India Ltd 28 Nov 2020 17:00 The MarketWatch News Department was not involved in the creation of this content. Nov 28, 2020 (AB Digital via COMTEX) -- A latest survey on Global Energy Drink Market is conducted to provide hidden gems performance analysis. The study is a perfect mix of …
  • NDTV to appeal against Sebi order, says ruling based on inaccurate assessment of facts 28 Nov 2020 12:33 Sebi has barred NDTV promoters Prannoy Roy and Radhika Roy from the securities market for two years and also directed them to disgorge illegal gains of over Rs 16.97 crore for indulging in insider trading more than 12 years ago, while the company denied …
  • India Lithium-Ion Battery Market is estimated to reach $5,022 Million by 2024; growing at a CAGR of 26.2% from 2020 to 2024 28 Nov 2020 10:08 The MarketWatch News Department was not involved in the creation of this content. New York, United States, Sat, 28 Nov 2020 04:59:03 / Comserve Inc. / -- Lithium-ion or Li-ion batteries are rechargeable batteries with high energy density and are …
  • Sebi bars NDTV promoters Prannoy Roy and Radhika Roy from securities market for two years 28 Nov 2020 06:44 Regulator Sebi has barred NDTV promoters, Prannoy Roy and Radhika Roy, from the securities market for two years and also directed them to disgorge illegal gains of more than Rs 16.97 crore for indulging in insider trading more than 12 years ago. Besides, …
  • View: Muslims don’t need all India party for more representation 28 Nov 2020 03:13 Muslims will have to work and live in the same system, travel in common trains and buses, visit the same police station even if they get to vote for a Muslim leader or party. The solution lies in integration and not separation. It should be understood that …
  • View: Why India Inc needs to build robust ESG competencies 27 Nov 2020 18:31 Globally, ESG investments are expected to triple, and cross $100 trillion in the coming decade. That’s a huge commitment from investors. The niche wave of environmental, social and corporate governance (ESG) investing seen in the past few years is morphing …
  • India GDP Contraction Slows, Economy Enters Recession 27 Nov 2020 16:33 India's economic contraction slowed sharply in the September quarter, but the economy entered a technical recession due to the impact of the harsh lockdown imposed to curb the spread of the coronavirus, or Covid-19, pandemic. Gross domestic product …
  • Why small banks may struggle to raise money via bonds post LVB debacle 27 Nov 2020 15:41 While the belief was that only AT 1 bonds with a quasi equity nature could be written down, the RBI’s move may lead to widening of bond spreads over government securities. People tracking the bond market said these banks could face heat as investors are …
  • India Enters Recession In Sep Qtr 27 Nov 2020 14:17 India's economy entered a recession in the September quarter though the pace of contraction slowed markedly due to the relaxation of lockdown measures, official data revealed Friday. Gross domestic product fell 7.5 percent year-on-year, slower than the …
  • India, France on the same page on creating resilient global supply chains: French Minister 27 Nov 2020 04:20 French Minister Delegate for Foreign Trade and Economic Attractiveness, Franck Riester, is on a virtual visit to India on Friday to boost bilateral economic ties. He stressed that the current crisis is a wake up call for Europe and India alike. In an …
  • Bonds are back in business, and telling us something 27 Nov 2020 03:19 To be sure, bond sales were relatively high in the first two quarters of the financial year, but they were primarily driven by special measures aimed at providing liquidity to cash-starved companies, particularly non-bank lenders. Large cos have together …
  • Ridhan Desai's top picks: Industrials, infra and realty 27 Nov 2020 03:19 Desai is bullish on industrial, infrastructure related and real estate stocks given the government spending and commitments. Staples-related consumption looks fully priced, while discretionary and travel related stocks could also be in the list of …
  • Indian automakers see increased sales in rural areas, fuelled by higher farm incomes 27 Nov 2020 03:19 So, what's behind this new-found love for country roads? The second consecutive good monsoons have boosted rural incomes. And the automakers are doing their bit - an expanding service network that's underpinned by an attractive financing …
  • Flipkart demotes Walmart India executives in merged entity 27 Nov 2020 03:19 Flipkart – which was acquired by Walmart for $ 16 billion in 2018 – launched its wholesale unit in August with categories like fashion and grocery. “Flipkart said all Walmart's vice presidents will be made directors, and all employees have been told …
  • Covid effect: Fat packages may not land in IIT campuses this year 27 Nov 2020 01:14 Placement officials at other older IITs also did not rule out the possibility of the companies selecting some students to be moved to the US later, when the Covid-19 situation improves. Placement sources at six old IITs — Kharagpur, Kanpur, Roorkee, Madras …
  • India's TWS shipments took off in third quarter: Counterpoint 27 Nov 2020 00:00 Courtesy Counterpoint Research India's true wireless stereo hearables market took off in the third quarter, with growth of 723% year-on-year, the technology analyst firm Counterpoint Research says, adding that this was one of the few segments that …
  • Job scammers go victim fishing in troubled waters 26 Nov 2020 09:45 While job rackets aren’t new, top companies and job search consultants said fake offers were at an all-time high now. Rising unemployment, a muted job market and desperation to land a job have turned a favourable situation for elements peddling fake job …
  • LVB to become DBS Bank India from Nov 27; ₹25,000 withdrawal restriction to go 26 Nov 2020 06:22 Crisis-hit Lakshmi Vilas Bank (LVB) will merge into the Indian arm of Singapore-based DBS Bank on November 27, leading to removal of all restrictions, including withdrawal cap of ₹25,000, which the RBI had placed on the lender earlier this month. Also read …
  • NBFCs weigh benefits of being banks 26 Nov 2020 05:54 Bajaj Finserve, one of the largest non-bank lenders, said they are still evaluating the proposals. A Reserve Bank of India working group, set up for reviewing private bank ownership, said that well run large NBFCs with minimum asset size of Rs 50,000 crore …
  • Key crossover hints at more gains for ONGC 26 Nov 2020 05:54 Analysts said ONGC’s crude subsidy burden has significantly eased following downstream sector reforms. ONGC is one of the cheapest stocks on the Nifty with a high dividend yield of 7 per cent. The shift in investor interest to value stocks has helped the …
  • 4 Survivors Of The 26/11 Siege Of Mumbai Recall Their Brush With Death 26 Nov 2020 03:43 It has been 12 years since Mumbai witnessed the most horrific terrorist attack in the city's history.  Four survivors of recount their memories of that horrific night to Outlook’s Lachmi Deb Roy.  Sonali Chatterjee, a media professional from Delhi It …
  • Why HNI investors are looking to flee Srei Group-issued bonds 25 Nov 2020 21:57 A particular bond series for Srei Equipment Finance, maturing in 2028, saw its price drop to Rs 666.01 (adjusted for interest) compared with Rs 770 on Monday. Bond prices plunged pushing yields up. Since November 23, the first working day after the Reserve …
  • We're focusing on mass market institutions, not just premium universities: Pearson executive 25 Nov 2020 08:51 Joe Lam, the company’s managing director for its India China hub discussed revenues, top skills in demand from learners and the key drivers for business. The company has serviced 10 million learners in India in the last ten years. Edited excerpts from a …
  • Emergency healthcare providers report increase in demand from housing societies 25 Nov 2020 08:42 Developers and facility management companies have reported an increase in demand for basic healthcare facilities for which the clients are ready to pay. Medical services providers are in great demand as the country faces a resurgence of Covid-19 cases. New …
  • With a commission of Rs 15, RBI’s Business Correspondents model might be failing Government's financial inclusion plans 25 Nov 2020 08:26 In 2006, the RBI tried to increase banking outreach and pick up financial inclusion by introducing the Business Correspondent model to the under-banked population. Today, the model is grossly unviable. India has around 89.5 crore people living in rural …
  • Stars powering D-St rally on a strong base, can go further 25 Nov 2020 06:32 ETIG lists 12 stocks that seem to hold more steam given their sound business models and demand revival over the past few months. sound business model and the pace of demand revival to support Momentum ET Intelligence Group: Every market rally has its own …
  • COVID 19 vaccine managers can take lessons from artificial insemination of cows 25 Nov 2020 06:03 An Oxford Vaccine Group researcher in a laboratory in Oxford, England, works on the coronavirus vaccine developed by AstraZeneca and Oxford University. (AP)As multiple vaccines against COVID-19 gets ready to hit the market, concerns over a proper …
  • Online Education in India Market 2020-2025 : Growth Drivers, Opportunities, Trends, And Forecasts 25 Nov 2020 01:16 The MarketWatch News Department was not involved in the creation of this content. Nov 24, 2020 (AB Digital via COMTEX) --   Online Education in India Market 2020 Description: - Starting from the fundamental aspects to the most crucial ones, the report …
  • Driving a wedge: How the pandemic increased the trust deficit between labour and industry 24 Nov 2020 14:32 With factory units closing, economic activity at a halt, loss of jobs and many struggling to get home, the Covid shock strained relations further between labour and industry. When the nationwide lockdown was announced in the country in March, Prime …
  • ‘InterGlobe gets Sebi show-cause notice’ 24 Nov 2020 06:10 Gangwal and his associates hold about 37% in InterGlobe, while Bhatia’s IGE holds over 38% stake. Sebi started investigating IndiGo after co-founder Rakesh Gangwal complained to it last year, alleging violation of governance norms by Rahul Bhatia, the …
  • Why HPCL buyback and not NTPC’s made Street happy 24 Nov 2020 06:10 “Buyback through the open market will lend support to the stock price as the company will buy shares as and when the stock price declines,” said Siddhartha Khemka, head- retail research, Motilal Oswal Financial Services. HPCL’s buyback is being done …
  • ICICI Prudential's Rahul Goswami explains how bond investors can get good returns in current scenario 24 Nov 2020 02:25 As a fund house, we have always been conscious of the nature of risks debt funds face. "RBI may continue its stance of “Whatever it takes” until the economy recovers, hence, reversal of stance is unlikely to take place in the near term. Having said …
  • Do thematic mutual funds really add value to your investment portfolio? 24 Nov 2020 02:22 Consumption and manufacturing in India are among the other themes that have been offered as investible ideas. The newer thematic funds may be interesting and promising concepts, but have not yet established credentials as dependable, long-term strategies. …
  • Investing in stocks? Look for these moats to pick long term winners 24 Nov 2020 02:22 Networking effect occurs when new customers get into a space only if other people are already there. The moat is the advantage that one company enjoys over others, thus helping it to withstand competition and emerge a winner in the long term. ET Wealth …
  • Sensex on a song: What should mutual fund investors do? 24 Nov 2020 02:22 S&P BSE Sensex was at 43,917 points on Monday morning (or November 23), a gain of around 69% in eight months. In the last few days, especially since the success of vaccination results were out, the key index seems to be ready to soar high. What does it …
  • IT spending in India expected to rise again next year: Gartner 23 Nov 2020 20:30 Spending on IT in India is projected to grow to US$81.9 billion (A$112.5 billion) next year, an increase of 6% year-on-year, the technology analyst firm Gartner says, adding that in the current year spending was expected to be US$79.3 billion, a fall of 8. …
  • Analysts impressed by Motherson Sumi's Vision 2025, raise stock's target price 23 Nov 2020 14:23 The company also targets dividend payout of 40% of consolidated profit. The company said no country, customer or component will account for more than 10% of the overall revenue and revenue from non-automotive will contribute to 25% of the total revenue. …
  • Want to own FAANG stocks? Here’s how 23 Nov 2020 07:26 There is no income tax on capital gains in the US for foreigners. So investors will have to pay long-term or shortterm capital gain tax in India, depending on which category it falls. Indian investors are currently not allowed to trade in future and …
  • Investing in US stocks? Here’s how the tax math works & how you can save some 23 Nov 2020 07:26 Thanks to the treaties between the US and some European countries, the dividends are taxed at 15 per cent (10 percentage points less while investing directly from India). Shares of Apple, Tesla and Zoom have risen manifold this calendar, thanks to a rise …
  • Is India Letting Cronyism Get Deeper Into Banking? 23 Nov 2020 04:59 From the conditional nature of the recommendation, it doesn’t appear that the regulator will soon reverse its policy of keeping conglomerates away from banking. But the report could pave the way for backdoor entry. Large groups could acquire nonbank …
  • Why analysts are bullish on BPCL stock 23 Nov 2020 03:07 Despite the pandemic disturbances, BPCL has more than doubled its net profit y-o-y during the first half of 2020-21. Lower capex guidance for 2020-21, resultant reduction in working capital and gross debt are the other reasons that have made the company a …
  • ICICI Pru CIO on what bond investors can do now 23 Nov 2020 03:07 As a fund house, we have always been conscious of the nature of risks debt funds face. "RBI may continue its stance of “Whatever it takes” until the economy recovers, hence, reversal of stance is unlikely to take place in the near term." …
  • HDFC TOP 100: Investors can look elsewhere 23 Nov 2020 03:07 The fund’s return profile has slipped sharply, diluting its longer term track record. With the fund not able to deliver adequate returns even over longer cycles for the risk taken, investors can look elsewhere. ET Wealth collaborates with Value Research to …
  • Do thematic MF add value to your portfolio? 23 Nov 2020 03:07 Consumption and manufacturing in India are among the other themes that have been offered as investible ideas. The thematic mutual funds have attracted the highest inflows more than any other equity fund category in October. This category of mutual fund has …
  • Are your stocks protected by moats? 23 Nov 2020 03:07 Networking effect occurs when new customers get into a space only if other people are already there. Despite the coronavirus crisis and diminished corporate earnings potential, the Sensex and Nifty have hit an all-time high. In such a scenario, here is how …
  • India’s no to RCEP could still be a no 22 Nov 2020 20:04 The circumstances under which New Delhi had distanced itself from the RCEP negotiations have hardly improved Last week, 15 East Asian countries agreed to take their economic integration several notches higher by forging the Regional Comprehensive Economic …
  • View: New 'capital-based’ licensing regime for private banks can be real private-public partnership 22 Nov 2020 19:22 Finally, more private banking will make shareholder and depositor discipline more imperative. Both theory and evidence reveal that compared to real sector business units, banks are more vulnerable to contagious shocks, the impact of which is much more …
  • Lifestyle International sales grow 10% in FY20 to Rs 9,239 crore 22 Nov 2020 19:22 The retailer said it registered strong revenue growth across all its retail formats in the first three quarters of FY20. (Representative image) According to financials sourced from data insights firm Altinfo, Lifestyle International is also the most …
  • Union Education Minister virtually addresses the students of Indian Institute of Advanced Study, Shimla on 55th Foundation Day 22 Nov 2020 01:28 Union Education Minister Dr Ramesh Pokhriyal Nishank’ virtually addressed the students of Indian Institute of Advanced Study, Shimla on its 55th Foundation Day today. Eminent writer Dr. Yogendranath Sharma ‘Arun’, Prof Kapil Kapur Chairperson Governing …
  • Mumbai-Shiv Sena hits back at BJP, dares it to wrest control of BMC 22 Nov 2020 00:04 Hitting out at Bharatiya Janata Party (BJP) over a remark that Shiv Sena’s saffron flag needs ‘purification’, the latter said that BJP has no connection with the saffron flag. An editorial in party mouthpiece Saamana said the saffron flag of Shiv Sena is …
  • After a long gap, can housing sector become the engine of India’s economic revival? 21 Nov 2020 20:40 According to RBI data, India’s household financial savings climbed to 21.4 per cent of GDP in the June quarter from 7.9 per cent the previous year. The current uptick in sales after a long drought has come as a big relief. This has been brought about by a …
  • FO summons Indian envoy over 'baseless' allegations implicating Pakistan in IOK terror plot 21 Nov 2020 20:23 The Foreign Office (FO) on Saturday summoned the Indian Chargé d'Affaires in Islamabad to reject the "completely groundless allegations" by the Indian government suggesting Pakistan's involvement in an alleged terror plot in Indian- …
  • In times of social distancing, most Indians stay away from cash purchases this Diwali 21 Nov 2020 08:51 At leading brick-and-mortar retail chains including Reliance Retail, Tata-owned Croma, Vijay Sales and Sangeetha Mobiles, too, debit and credit cards, wallets, UPI and consumer finance together have become the choice for payment by consumers. Kolkata: Cash …
  • Investors flock back to equity, PE funds on Covid vaccine hopes 21 Nov 2020 08:51 This comes at a time when the FPI investments in India have hit a record high. FPIs have pumped in around Rs 1.4 lakh crore in the Indian equities in the last eight months. MUMBAI: Some of the large investors who had committed money to the capital market …
  • The making of a New India All is well 21 Nov 2020 04:31 The making of a New India - All is well - Imphal Times Editorial :: November 21 2020 - The essence of patriotism that runs through the veins of every common man across the Globe is the reason behind the provocation for emergence of populist ideological …
  • Cryptos gaining currency in India amid bitcoin rally 21 Nov 2020 03:11 Urban investors, with a stomach for exotics, are trying their luck on cryptocurrencies whose prices have surged in the past two months. Mumbai: Cryptos are back in vogue. Beyond the bubble of Dalal Street, a sudden frenzy has gripped this market. Urban …
  • Did the RBI just spell good news for IndusInd Bank? 21 Nov 2020 00:44 Promoters, who have already diluted their holdings to below 26%, will be permitted to raise it to 26% of the paid-up voting equity share capital of the bank, subject to meeting ‘fit and proper’ status. The group proposed a uniform shareholding limit at 26% …
  • Rout awaits those wanting to remove Mumbai civic body's saffron flag- Sena - The Week 20 Nov 2020 22:43 The people of Mumbai will defeat those who are talking about removing the saffron flag from the Brihanmumbai Municipal Corporation (BMC), the Shiv Sena said on Friday. The Shiv Sena made the remarks in the editorial of its mouthpiece Saamana, two days …
  • As companies seek to reboot post Covid, demand for CDOs, CIOs and CFOs rises 20 Nov 2020 20:09 CDOs and CIOs are becoming more critical as most companies are undergoing a digital transformation. Industries that have bounced back faster as far as demand for leadership hiring include Fast moving consumer goods (FMCG), manufacturing, ecommerce, …
  • Law firms ramping up dispute resolution practices after a lull due to Covid 20 Nov 2020 20:09 Not just midsized and full-service law firms but even boutique transaction and corporate advisory firms, which may not have had litigation or dispute practice so far, are also looking at building this practice. Shardul Amarchand Mangaldas & Co (SAM …
  • View: In bullet trains era, Double Decker buses are a testament to design& durability 20 Nov 2020 20:09 Mumbai's BEST has said it will acquire enough new double-deckers to keep its full fleet of 120, which should ensure around 100 on the roads on a regular basis. Double-deckers have also been involved in some remarkable feats, like chase sequences in …
  • Mental health conversations must rise to the top of CEOs' agenda, says Oracle's Emily He 20 Nov 2020 14:39 “Mental health issues have to rise to the top of any CHRO or CEO's agenda because unless their employees feel connected with the workplace or feel engaged in their work the employees cannot be productive. And in the long run, this is going to impact …
  • Coronavirus live news: India passes 9m cases; EU 'to pay $10bn for vaccines' 20 Nov 2020 07:34 2.26am EST 02:26 Irinej, who has died aged 90, was a conservative who wielded major political influence. He had been diagnosed with the virus on 4 November and had been in a military hospital in the capital Belgrade since then. He tested positive three …
  • Editorial: A Letter to the Class of 2024 in the Time of COVID-19 20 Nov 2020 07:06 To incoming first-years:  As you prepare to join our campus ranks in a semester like no other, we write to share words of wisdom (we hope) that may help guide you through the months ahead. When you were completing your applications last fall, we imagine …
  • Coronavirus live news: India passes 9m cases; China gives 1m people Sinopharm vaccine 20 Nov 2020 05:37 12.33am EST 00:33 Germany added another 23,648 confirmed cases on Thursday, taking its total to 879,564, data from the Robert Koch Institute (RKI) for infectious diseases showed on Friday. The reported death toll rose by 260 to 13,630, the tally showed. 12 …
  • Rich Indians join the global party in vaccine company stocks 20 Nov 2020 04:21 Some domestic wealth managers said global pharma stocks are “too speculative nowadays” and investments of Indians in them are still substantially lower compared to those in US IT stocks. “The trend of diversifying assets and hedging strategies away from …
  • Adani’s wealth grows most on India rich list 20 Nov 2020 04:21 Gautam Adani who started his commodity trading business in 1988 at the age of 32, today owns ports, airports, energy, resources, logistics, agribusiness, real estate, financial services and defense businesses among others. Adani is closely followed by …
  • WFH to stay preferred mode of work in 2021 20 Nov 2020 04:21 Companies are strengthening work from anywhere (WFA) practices. For instance, Myntra has defined core working hours and a ‘no meeting day’ once a week to allow employees to balance personal and professional lives. NEW DELHI: Companies are reviewing working …
  • View: What India should do for rapid industrial development 19 Nov 2020 19:27 India has a lot of catching up to do across the manufacturing spectrum — in labour-intensive sectors such as garments, as well as technology and skill-intensive sectors. Indian factories — whether owned by Indians or by foreign investors — must become …
  • Manufacturers to step up hiring at IIMs, IITs as business recovers 19 Nov 2020 12:35 At least a dozen manufacturers in sectors such as automobiles, metals, mining, energy, infrastructure, healthcare and consumer goods said they plan to hire 250-600 graduates each this year. Mumbai: Despite the Covid-19 pandemic, thousands of jobs could be …
  • Online shopping beyond Amazon, Flipkart: Scores of brands are taking their products directly to customers 19 Nov 2020 05:32 If you thought the massive growth in online sales was limited to only Amazon and Flipkart, think again! Plagued by the inability to sell from their physical store, many small businesses and brands took their shops online and went independent rather than …
  • Only select policies with riders may cover Covid-19 vaccine costs 19 Nov 2020 04:47 While the government may offer subsidised rates for low-income groups, the center would most likely not foot the entire vaccination bill. Mumbai: Existing health insurance policies may not cover the cost of vaccination against Covid-19, say industry …
  • Bonanza? A possible rerating brings cheer for LVB bondholders 19 Nov 2020 04:47 LVB also proposed to sell 250 crore perpetual bonds, known as riskier quasi equity papers in market parlance and rated as single B- with a negative outlook. “The bank could at least be upgraded to investment grade after the merger with a strong backing …
  • Panel eyes $350-$380 bn in manufacturing value addition 18 Nov 2020 23:52 The SCALE committee, headed by Mahindra & Mahindra managing director Pawan Goenka, has been meeting almost every week. The SCALE committee is identifying four to five critical issues for each sector, which if addressed could trigger immediate recovery …
  • India's decision to not join RCEP 'ill advised', 'backward leap': Congress' Anand Sharma 18 Nov 2020 06:21 Image Source : PTI India's decision to not join RCEP  'ill advised', 'backward leap': Congress' Anand Sharma Senior Congress leader Anand Sharma on Tuesday described India's decision of not joining the Regional Comprehensive …
  • Covid India updates 18 Nov 2020 06:05 Some companies like Coca-Cola India, PepsiCo, Dabur, Maruti, Cipla, Whirlpool and MakeMyTrip have opened some of their offices, plants and labs. None of these firms are planning to down the shutters even temporarily. New Delhi | Bengaluru: Delhi-NCR’s …
  • This Time, India Is Getting a Bank Rescue Right 18 Nov 2020 05:50 The moth-eaten LVB will cease to exist, its equity completely wiped out. Only its deposits will appear on the books of the India unit of DBS Group Holdings Ltd., Singapore’s biggest bank. This is a much cleaner solution than how the Reserve Bank of India …
  • India’s election system, logistics sector can be the key to effective COVID-19 vaccine distribution 18 Nov 2020 04:48 The pandemic is a call to action for the government machinery and the private sector to work in tandem to ensure effective vaccine deliveries. While the coming of the vaccine is being eagerly awaited as an antidote to the pandemic, infrastructural …
  • Best of BS Opinion: India's economic self-harm, LAC disengagement and more 17 Nov 2020 02:56 Fifteen economies in the Asia-Pacific signed the Regional Comprehensive Economic Partnership (RCEP) agreement on Sunday. India pulled out of negotiations last year. In this context, our lead here editorial notes that as Asia-Pacific and Africa join in …
  • Thailand, European Union question India's import restrictions on tyres, ACs and TV Sets 17 Nov 2020 02:02 Bangkok also complained that many Thai exporters were unable to export television sets to India because the government did not grant import licence to importers. NEW DELHI: India's restrictions on imports of air-conditioners, tyres and TV sets have …
  • Indias trade policy- Keep China out - HT Editorial 16 Nov 2020 23:41 The prime directive in India’s trade policy today is simple — sign nothing that opens the door to Chinese products. That is why New Delhi turned its back on the Regional Comprehensive Economic Partnership (RCEP) trade agreement, which was signed this …
  • BE Begins COVID-19 Vaccine Trial In India Containing Dynavax's CpG 1018 - Quick Facts 16 Nov 2020 12:45 Biological E. Limited has initiated a phase I/II clinical trial of its COVID-19 subunit vaccine candidate in India following approval from the Drugs Controller General of India. The vaccine candidate includes an antigen in-licensed from BCM Ventures, …
  • India Wholesale Prices Rise Faster In October 16 Nov 2020 08:04 India's wholesale prices increased at a slightly faster pace in October, data from the Ministry of Commerce & Industry showed on Monday. The wholesale price index rose 1.48 percent year-on-year in October, following a 1.32 percent increase in …
  • View: It is the little things that usually deter India from fulfilling its true economic potential 15 Nov 2020 18:36 A thorough benchmarking exercise, at all levels of government, even if it’s not linked to the career paths or performance assessment of officials, will bring greater awareness. While the big things certainly work in India’s favour, it is the ‘little’ …
  • A Better Tomorrow Won’t Fix India’s Broken Today 14 Nov 2020 02:43 The trouble is with demand. Firms are protecting operating profit — or preventing losses — by pruning jobs and cutting pay. The rupee hasn’t suffered the double-digit declines seen this year from Brazil and Argentina to Turkey and Russia. That’s because …
  • How India went from being a giant of global outsourcing to a dwarf of the Internet economy 06 Nov 2020 03:13 The bigtech revolution that has swept through China and the US has eluded India. We have not built Internet giants the size of Tencents, Alibaba, Facebook, Amazon, Netflix and Google (TAFANG) By B. Sambamurty & Santanu PaulThe first decade of the …
  • India needs Facebook, Twitter anti-fake tools 05 Nov 2020 18:47 Twitter prohibits attempts to use its services to manipulate or disrupt civic processes, a Twitter spokesperson said. Trump and allies flooded social media on Wednesday with false claims of victory and unsupported allegations of voter fraud, testing …
  • How Covid-19 pushed India's IT industry to shed its reticence and go shopping world over 31 Oct 2020 17:31 India’s top tech firms have been scouting for buyouts since the pandemic broke out. In mid-October, Wipro acquired Eximius Design based in San Jose, US. Tech Mahindra bought out two firms — digital enterprise tech provider Momenton based in Australia and …
  • View: India's AI program can be greater than the sum of its parts, and propel economic growth 26 Oct 2020 17:52 Execution will be the key imperative for success. What is needed is an India AI playbook that can help GoI not just build deployment plans but also figure out how to scale them for maximum impact. Such a playbook requires strategy, data, talent, technology …
  • Corporate wheels could rev up by the second quarter of next fiscal: Randstad India chief Paul Dupuis 17 Oct 2020 17:30 "Staffing industry is directly linked to the economy and the impact is almost immediate without much lag. At a macro level, we do see more willingness to hire temp workers today, more than in the pre-Covid era," Dupuis said. "The pie is …