al

Firms Facing Hurdles In Movement Of Workers And Raw Materials In Commencing Operations: CII survey

The CII survey indicates that permits for enterprises, passes for workers and supply chain movement are the key hurdles for industry in exit from lockdown. For facilitating restart of economic activities, CII has suggested that in non-containment zones, businesses should be allowed to function without requirement of permits and only through intimation to local authorities. While state governments have mostly clearly communicated restart guidelines to businesses, firms are facing hurdles in movement of workers and raw materials in commencing operations. These are the findings of a nation-wide survey conducted by the Confederation of Indian Industry (CII).




al

Procurement Of Wheat Progressing At Very Fast Pace In All Major States

Powered by Capital Market - Live News




al

Ministry of Chemicals and Fertilizers Reports Record Fertilizer Sales During Lockdown

Powered by Capital Market - Live News




al

Domestic Mineral Production Rises 10% Over Year In February 2020

The index of mineral production of mining and quarrying sector for the month of February, 2020 (Base: 2011-12=100) at 123.7, was 10.0% higher as compared to the level in the month of February, 2019. The cumulative growth for the period April- February, 2019-20 over the corresponding period of previous year has been (+) 1.9 percent. Mining & Mineral Statistics Division of Indian Bureau of Mines functions as the nodal agency for statistics on mineral sector and releases this information.




al

Post-Covid era will see perceptible change in global supply-chains and India should capture significant share in the world trade: Piyush Goyal

Minister of Commerce and Industry & Railways Shri Piyush Goyal held discussions with the Export Promotion Councils(EPCs) of the country. He called upon the Exporters to identify their strengths, potentials and competitive advantages in specific sectors, and focus on harnessing them in the world markets. Goyal said that in the post-Covid era, there is going to be perceptible change in the global supply-chains, and Indian industrialists and exporters should be looking to capture significant share in the world trade. He assured them that the Government will be a pro-active supporter and facilitator in their efforts, and the Indian Missions abroad can play an important role in that. The Minister said that Incentives can be given, but they have to be justified, reasonable, and WTO-compliant.




al

Reserve Bank Extends Regulatory Benefits Under Special Liquidity Facility For Mutual Funds

Powered by Capital Market - Live News




al

Government of India announces the sale of three dated securities for Rs 19,000 crore

The government of India (GoI) has announced the sale (issue /re-issue) of three dated securities for Rs 19000 crore. These include 5.09% GS 2022 3,000 May 08, 2020, New GS 2030 (maturing on May 11, 2030) 10,000 and 7.19% GS 2060 6,000. GoI will have the option to retain additional subscription up to Rs 2,000 crore each against any one or more of the above security. The sale will be subject to the terms and conditions spelt out in this notification (called 'Specific Notification'). The auction will be Yield based for New GS 2030 and price based for remaining securities using multiple price method. Up to 5% of the notified amount of the sale of the stocks will be allotted to eligible individuals and Institutions as per the Scheme for Non-Competitive Bidding Facility in the Auction of Government Securities.




al

Global food commodity prices drop further in April: FAO

FAO expects subdued usage to push up cereal stocks in 2019/20




al

Raising Capital: The Shirt, Dogfish Head, Intelius

The Shirt founder Rochelle Behrens, Dogfish Head founder Sam Calagione and Intelius co-founder Naveen Jain share advice on raising capital at Wall Street Journal's How I Built It 2012 panel in Washington, D.C. . WSJ's Vanessa O'Connell leads the discussion.




al

Recruiting Talent: The Shirt, Dogfish Head Brewery

The Shirt founder Rochelle Behrens and Dogfish Head founder Sam Calagione share advice on recruiting talent at Wall Street Journal's How I Built It 2012 panel in Washington, D.C. WSJ's Vanessa O'Connell leads thediscussion.




al

Wealth: How To Ignore the Noise

How advisers can keep heirs as clients. Plus, how you can teach clients to ignore the noise. And, a look at non-traded REITs. Dow Jones Wealth Adviser's Veronica Dagher reports.




al

5Paisa Capital reports consolidated net loss of Rs 1.70 crore in the March 2020 quarter

Sales rise 69.34% to Rs 35.41 crore




al

Gillette India standalone net profit declines 40.31% in the March 2020 quarter

Sales decline 12.66% to Rs 406.57 crore




al

Biocon receives EIR from USFDA for its small molecules API facility in Bengaluru

Powered by Capital Market - Live News




al

Procter & Gamble Hygiene and Health Care standalone net profit rises 1.10% in the March 2020 quarter

Sales decline 6.19% to Rs 656.05 crore




al

Western Transmission Gujarat standalone net profit declines 13.48% in the March 2020 quarter

Sales rise 27.54% to Rs 13.20 crore




al

R Systems International consolidated net profit declines 23.02% in the March 2020 quarter

Sales rise 6.60% to Rs 209.26 crore




al

McDonald's India adds new McSpicy Fried Chicken on its menu

Speaking about this new fried chicken on the menu, Seema Arora Nambiar, Sr. Vice President, Menu, Marketing and People Resources, McDonald's India (West and South) said All our products are designed keeping in mind what our consumers want and like. McSpicy Fried Chicken has been specifically crafted as per the taste preference of our consumers. This product is carefully marinated with ghost chili pepper and is fried to perfection to ensure it is spicy to the last bite - just the way consumers love it.




al

BASF India receives demand notice from Commercial Tax Department, Karnataka

The company has now received demand notice for the further period i.e. 2013-14 from the Commercial Tax Department, Karnataka aggregating to Rs. 85.19 crores (including interest & penalty) by treating the stock transfers of its Mangalore Plant as interstate sales to dealers.




al

SBI Card & Payment Services standalone net profit declines 66.41% in the March 2020 quarter

For the full year, net profit rose 43.91% to Rs 1244.82 crore in the year ended March 2020 as against Rs 864.97 crore during the previous year ended March 2019




al

TCI Express standalone net profit declines 12.56% in the March 2020 quarter

Sales decline 10.50% to Rs 237.94 crore




al

Reliance Power reports standalone net loss of Rs 264.94 crore in the March 2020 quarter

Sales decline 2.72% to Rs 6.09 crore




al

Reliance Home Finance reports standalone net loss of Rs 238.37 crore in the March 2020 quarter

Sales decline 53.40% to Rs 276.85 crore




al

Uttam Galva Steels reports consolidated net loss of Rs 536.04 crore in the March 2020 quarter

Sales decline 57.18% to Rs 118.66 crore




al

Swaraj Engines standalone net profit declines 4.86% in the March 2020 quarter

Sales decline 8.53% to Rs 175.13 crore




al

Reliance Capital reports consolidated net loss of Rs 2124.00 crore in the March 2020 quarter

Sales decline 33.91% to Rs 3580.00 crore




al

Exit polls give Bengal to Mamata, Assam to BJP, Kerala to Left, TN to DMK

Exit polls predicted a win for the DMK-Congress alliance in Puducherry too, ousting the ruling All India NR Congress




al

EC allows SBI to take currency vans holding Rs 570 crore back to Coimbatore

State Bank of India was transferring the money from Coimbatore to Vishakhapatnam to tide over a cash shortage in Andhra Pradesh when the vans were seized by the Election Commission




al

BJP storms Assam; TMC, AIADMK set to retain power; LDF in Kerala

As per trends, J Jayalalithaa-led AIADMK appears to be winning Tamil Nadu for a straight second term, bucking the tradition since 1989 when a ruling party has not returned to power




al

AIADMK ahead in 134 seats, DMK, allies in 83

Jayalalithaa leading by over 16,000 votes in Dr RK Nagar constituency, ahead of her DMK rival Shimla Muthchozhan




al

Jayalalithaa breaks the jinx: Five top victory quotes

She said she has no other interest in life than working for the people of Tamil Nadu




al

Stalin's spirited campaign makes it a close contest in TN

Analysts now believe that if the DMK had projected him the chief ministerial face instead of his 91-year-old father the whole hog, probably the election verdict could have been different




al

Jayalalithaa deprives Karunanidhi of last hurrah

The J Jayalalithaa-led AIADMK has retained power by winning 134 seats in the 234 Assembly seats




al

Jayalalithaa elected as legislature party leader

The party won election with 134 seats out of 232 seats




al

Pinarayi Vijayan to be Kerala chief minister

Sonowal to take oath in Assam on Sunday, Mamata in West Bengal on May 27




al

Post win, Jayalalithaa meets TN Governor, stakes claim to form govt

This is for the first time since MGR's death in 1987 that a party will return to power for a second straight term in Tamil Nadu




al

Jayalalithaa calls on Tamil Nadu governor, stakes claim to form govt

She is likely to be sworn in as chief minister for a second consecutive term on May 23




al

Jayalalithaa stakes claim to form govt, stage set for oath on Monday

AIADMK Supremo hands over a list of 29 legislators who will be appointed as the ministers




al

Jayalalithaa to be sworn in as CM on May 23

28 others, including her trusted lieutenant and Finance Minister in outgoing Cabinet O Panneerselvam, to also take oath




al

Jayalalithaa keeps five poll promises on Day 1

AIADMK chief becomes Tamil Nadu CM for the sixth time




al

State Assembly polls: Income, assets and criminal records of ministers

Kerala's ministers had least average assets and the state also had least number of crorepati ministers




al

India to merge rail, general budgets; end non-plan, plan distinction

Officials said a better indicator of productive and general expenditure will be replacing the plan and non-plan distiction that has lost relevance post Planning Commission abolition




al

Govt weighs fiscal stimulus in upcoming Budget to boost demand

Real annual GDP accelerated in Jul-Sept to 7.4% from 7%. But, growth of nominal GDP slowed sharply to 6%




al

Extend farm benefits to plantations also: Planters' body to govt

South India constitutes nearly 60% of India's plantation sector




al

Health care service providers want tax sops in Budget

Wants patient treatment, which is currently exempt from service tax, to continue to enjoy this sop under GST for 10 years




al

Power sector does not need 'crutches' of tax breaks: Goyal

Minister says UDAY scheme will itself help save Rs 1.8 lakh crore annually within next three years




al

If others are moving Titanic, we're moving a speedboat: Kunal Bahl

Bahl's company has been in the middle of some firefighting over reports on how there are efforts to downsize as cash is depleting




al

Biocon gains after Bengaluru API facility gets EIR

Biocon gained 1.82% to Rs 356 after the company said it received establishment inspection report (EIR) for small molecules API manufacturing facility in Bengaluru.




al

Cadila Healthcare rises after USFDA nod on Deferasirox tablets

Cadila Healthcare gains 0.11% to Rs 321.95 after the company said it received final approval from US drug regulator for Deferasirox tablets for oral suspension.




al

NLC India slips after fire accident at Neyvali plant

NLC India fell 0.46% to Rs 43.70 after the company said eight workers were injured in a fire accident at the TS II power plant in Neyveli, Tamil Nadu.