Currently, about 5 per cent of Nestle India's sales comes from exports to its affiliate companies in regions where demand from the diaspora is high
By setting a deadline of 45 days for extending the scheme to 10 industries, the government may be ignoring the critical demands of the targeted industries
Real stimulus would be to tax people less because spending is as much about feeling good, as it is about having the money and depressed people don't go out shopping
The government is hoping that the green shoots visible in high-frequency data will further translate into a GDP uplift. And the latest measures - pragmatic and specific - will aid that
From Rs 1.2-trn stimulus package to boost growth, create jobs to private equity players hoping to better 2019 investments, here are top headlines this morning
The government's support will boost India's local production capabilities and export, they said
The incentive for companies that achieve these targets will remain 4-6 per cent
Say stimulus measures will spur economic activity, especially in construction and infra sector
FM Nirmala Sitharaman provided updates on status of previous announcements under Atmanirbhar Bharat initiative while annoncing new measures under its third instalment
From government announcing new plan to boost domestic manufacturing to SpiceJet reporting loss in its September quarter, here atop headlines this morning
The government hopes that the PLI schemes would provide 200,000-300,000 direct employment over five years, according to sources in the know.
Rs 57,000 cr provided to auto components and automobiles, as compared to other sectors like advanced cell chemistry battery, pharma, food products, and white goods
The incentive will be in the range of 5-10 per cent of production value, sources said.
The scheme is in addition to the already announced Rs 51,311 crore PLI for three sectors which takes the total around Rs 2 trn
The Supreme Court granted bail to TV journalist Arnab Goswami in an abetment to suicide case, saying personal liberty must not be denied.
The government will bring a PLI scheme for promotion of domestic manufacturing of agro-chemicals, Minister of State for Chemicals and Fertilisers Mansukh Mandaviya announced on Thursday.
Industry says revised PLI scheme will attract more MSMEs to invest as minimum investment clause done away with
Ericsson's stand is significant as the draft PLI scheme stipulates that global companies have to make an incremental investment of Rs 600 crore over four years to be eligible for it
Bet on PLI scheme to beat rivals, but market sends out mixed signals
Brokerages expect mobile volumes to rise multi-fold over the next two years