[ad_1] Several states have undertaken factor market reforms, including labor reforms, to attract companies leaving China. Critics warn against the measure, citing the marginalization of work in the absence of these laws. Mint explains the implications for India’s manufacturing sector. What is wrong with Indian labor standards? The general complexities …
Read More »PSU banks sanction $ 5.95 trillion of loans from March 1 to May 8
[ad_1] The Union Finance Ministry said Tuesday that public sector banks (PSBs) sanctioned ₹$ 5.95 trillion in loans to small businesses, retailers, agriculture and corporate sectors between March 1 and May 8. “PSB sanctioned loans for value ₹5.95 trillion for more than 467,400 MSMEs accounts (micro, small and medium-sized companies), …
Read More »Elon Musk reopens Tesla plant, defies authorities to arrest him
[ad_1] “I’ll be online with everyone else,” the CEO said in a tweet Monday. “If someone is arrested, I ask that it be just me.” After defending himself from a potentially costly defamation lawsuit and emerging with minor consequences from a court battle with the Securities and Exchange Commission last …
Read More »Why labor law rejig is no reform
[ad_1] Several surveys and studies that have asked investors what they are most worried about often come up with a familiar list: labor laws, land acquisition costs and bureaucratic delays. The list of laws that govern India’s workforce is itself formidably large — at least 40 central laws and more …
Read More »₹ 20 lakh crore boost for self-sufficient India
[ad_1] Prime Minister Narendra Modi announced a ~ 20 lakh crore economic package to help people and businesses deal with the Covid-19 pandemic and forced closure to combat its spread and, he says, turn the “crisis into a opportunity”. The details of the package, which is equivalent to a little …
Read More »A timeline, from ‘fool’ to challenge
[ad_1] Elon Musk is not your conventional CEO content with conventional ways of doing things. No. That is not his style, some say. And yet, his rather eccentric style has earned him fans and critics alike, which often gets him and his company in big trouble. Perhaps it cannot be …
Read More »Anil Agarwal announces plans to delist Vedanta, to offer Rs 87.5 per share
[ad_1] Billionaire Anil Agarwal on Tuesday announced intention to take his Indian listed firm Vedanta Ltd private by buying out shares held by public. Agarwal-controlled Vedanta Resources will offer Rs 87.5 per share to nearly 49 per cent public shareholders of Vedanta Ltd. This price is lower than Tuesday’s Rs …
Read More »57 migrants packed in trucks paid 3,000 rupees each. The driver wants more passengers
[ad_1] Blockade: The truck with 57 immigrants stopped after it had traveled from Mumbai to Thane. Mumbai On the Mumbai-Nashik highway in Maharashtra, a truck full of men, women and children waits and waits. In the blazing 40-degree heat, it’s been five hours. Migrants head to Uttar Pradesh, distressed by …
Read More »Rana Daggubati is taken, confirms the relationship with Miheeka Bajaj: “She said yes”
[ad_1] Rana Daggubati shared this photo (courtesy of ranadaggubati) Highlight Rana shared a beloved photo with Miheeka Bajaj “She said ‘yes'”, Rana captioned her photo Rana has been congratulated by her friends on Instagram. New Delhi: Actor Rana Daggubati, best known for playing the mighty Bhallala Deva in the Baahubali …
Read More »Vodafone PLC’s liability for AGR is limited to 8,400 cr.
[ad_1] British telecommunications giant Vodafone PLC, which owns a majority stake in Vodafone Idea, attributed its share of the losses related to its Indian arm to adverse Supreme Court lawsuits and decided to value its shares of Vodafone Idea to zero. In addition, the British operator said it would have …
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