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Tags : "India Inc"

India Inc welcomes new labour laws, says it will push

India Inc hailed the proposed changes to labour laws, saying they would provide operational freedom to employers, although provisions related to universal social security and guaranteed minimum wages may substantially add to their cost of hiring. The government introduced three separate labour codes – on industrial relations, occupational safety and health, and social security — […]Read More

Corporate buzz: TikTok plans comeback campaign; numerologist pads up for

Suits & Sayings | ET’s weekly roundup of the wackiest whispers and murmurs in corporate corridors & policy parloursReborn & RebuildA grand old man of Indian business is spending more and more time in London. Nothing wrong in that since most of India Inc prefers summer walks in Kensington rather than Lodhi Gardens these days. […]Read More

View: India needs to alter its ‘patent box’ regime as

Atmanirbhar Bharat. These two words pack a lot of punch. The objective is to encourage domestic manufacturing, reduce reliance on imports and be globally competitive. For this, India Inc needs to innovate and invent. To boost such pursuits, several countries offer tax sops. Likewise, in 2016, a ‘patent box’ regime was introduced in India’s tax […]Read More

30% of India Inc now functioning at high levels of

Close to 30% of India Inc was functioning at high levels of capacity utilisation of 70% and above with just under half expecting to operate at these levels in the near term, results from an industry survey showed on Monday. Aimed at capturing the improvements in business operations and expectations since the Unlock phase began […]Read More

Large corporations hold back Rs 3.3 lakh crore payment to

Mumbai: Micro, small and medium enterprises continue to face stretched liquidity cycles despite easing of credit from the banking system as large corporates with stronger liquidity backing have held up nearly Rs 3.3 lakh crore payable to MSMEs, a new study has revealed. This is largely due to the low bargaining power that small businesses […]Read More

Not immune to problems of India Inc: Finance minister to

New Delhi: Finance minister Nirmala Sitharaman has assured the industry that the government was aware of its problems amid the Covid-19 pandemic. “I want to make sure that there is an understanding in the industry that the government is not immune to your issues and is fully inclined to understanding all your problems,” Sitharaman said […]Read More

PM meets FM for second economic stimulus package

NEW DELHI: Prime Minister Narendra Modi on Saturday held a series of meetings with key ministers, including Home Minister Amit Shah and Finance Minister Nirmala Sitharaman, and officials of economic ministries to firm up the second stimulus package for sectors impacted by lockdown to curb spread of coronavirus, sources said. The prime minister held discussions […]Read More