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States' GST woes mount as April collections plunge

The Centre managed to collect only Rs 990 crore as compensation cess in April 2020-21, almost one-ninth of the figure of Rs 8,874 crore mopped up a year ago. The subdued collection would further......

Govt outgo on stimulus package is just Rs 2.02 lakh cr

EY said out of the nearly Rs 21 lakh crore package, Rs 8.01 lakh crore is on account of liquidity enhancing measures taken by the RBI since February. Illustration: Dominic Xavier/Rediff.com The......

PE/VC investments hit 12-quarter low at $5.1 billion

The quarter also saw exits worth $1.9 billion across 37 deals, 59 per cent higher YoY. This was driven by one of India’s largest PE-backed IPO exit, the $1-billion partial exit by Carlyle in......

RBI's TLTRO 2.0 gets cold-shoulder from banks

Such cold-shoulder by banks also indicates a credit freeze that is hard to overcome, unless the government comes out with credit guarantee schemes for loans given by banks. Since that is not......

Coronavirus spoils the show for media and entertainment business

Finding enough shows to air, creating content that gets people to pay and watch and wooing advertisers back into the fold are going to be the biggest challenges the M&E industry faces. While the......

Can Indian storytellers conquer the world?

If Indian storytelling can deliver, it can make the entertainment industry an engine of economic growth and a substantial contributor to GDP, says Vanita Kohli-Khandekar. IMAGE: Nawazuddin......

Bollywood ban a blow to Pak's exhibitors

'Banning Bollywood films will mean a paucity of content to keep the multiplexes and theatres running profitably.'Urvi Malvania reports. IMAGE: Luka Chuppi, which will not be released in Pakistan.......

Yippee! Movies can be made faster

With the introduction of the single window clearance provision, pre-production windows are expected to reduce significantly.Not only will it have an impact on the operational cost of the film, it......

Bollywood moves to Bharat

'Perhaps there is a greater understanding of small town India amongst our stars today than earlier.'Urvi Malvania reports. IMAGE: Vicky Kaushal in Uri. Photograph: Kind courtesy Vicky......
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States' GST woes mount as April collections plunge

The Centre managed to collect only Rs 990 crore as compensation cess in April 2020-21, almost one-ninth of the figure of Rs 8,874 crore mopped up a... ...

http://www.rediff.com/money/report/states-gst-woes-mount-as-april-collections-plunge/20200606.htm
Companies keen to continue 'work from home'

Mumbai | New Delhi: Companies in India will likely encourage most of their employees to continue functioning from home for the next two-four months... ...

https://economictimes.indiatimes.com/jobs/extending-safety-net-cos-keen-to-continue-wfh/articleshow/76225493.cms
Dr Kiran Mazumdar-Shaw, Founder and CEO of Biocon India, Named EY World Entrepreneur of the Year

In the award's 20-year history, Shaw becomes the third EY World Entrepreneur Of The Year Award winner from India. She follows former Indian world... ...

https://www.news18.com/news/india/dr-kiran-mazumdar-shaw-founder-and-ceo-of-biocon-india-named-ey-world-entrepreneur-of-the-year-2020-2654185.html
Auto industry may fall out of gear this fiscal

Mumbai: The Indian automobile industry may post an aggregate drop of 20%, or Rs 75,000 crore ($10 billion), in revenue and a decline of 40%, or Rs... ...

https://economictimes.indiatimes.com/industry/auto/auto-news/auto-industry-may-fall-out-of-gear-this-fiscal/articleshow/76206258.cms
Firms face indemnity letters, due block over GST

With many small and medium enterprises staring at bankruptcy or severe business disruption due to the Covid-19 crisis, large companies that buy raw... ...

https://economictimes.indiatimes.com/policy/large-companies-fear-losing-out-on-gst-credit-if-vendors-suppliers-go-bankrupt-due-to-covid-crisis/articleshow/76102995.cms

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