HR experts estimate that up to 70 per cent companies in the manufacturing and services space including sectors like auto components, edutech and construction equipment are looking to restore the salary cuts over the next couple of months.
Maharashtra Chief Minister Uddhav Thackeray on Sunday night announced a statewide curfew in Maharashtra for 15 days from April 14. However, he clarified, essential services were exempt from the curbs.
With the government asking the companies to operate with only 50 per cent staff strength, and exports dipping to almost zero, the truck and bus drivers idling at the petrol pump say they hardly have any work now. At a petrol pump on the deserted Bavla-Changodar highway near Ahmedabad in Gujarat, several trucks and buses are neatly parked in a row.
In containment areas, movements of people is totally banned and essential services are delivered at the doorsteps.
Three stockmarket experts give their best picks for the New Year.
Noting that the India-specific fighter on offer and its programme's size, scope and success will enable Indian industry to take advantage of unprecedented manufacturing, upgrade and sustainment opportunities well into the future, Lall said the platform will give Indian industry a unique opportunity to become a part of the world's largest fighter aircraft ecosystem.
Maruti, Hyundai, Tata Motors, Mahindra & Mahindra and Honda saw their passenger vehicle sales improve in August compared to the same month last year, although Ford and Toyota witnessed a decline.
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Rather than move up the echelons of finance management, he was part of crisis management at his first employer, and then the commercial head of home and personal care products and, lately, chairman of Middle East and North Africa for Unilever, the second-largest fast-moving consumer goods company in the world.
'We can only hope that the government has finally 'got it' and will stay focused on improving productivity, demand, and governance,' says Debashis Basu.
Record equity divestment by the Reliance Group in its telecom and retail businesses garnering around $23 billion revved up the deal street in 2020, which otherwise would have gone down as one of the dullest on record, and dealmakers are seeing sunnier days in 2021 given the large scope for consolidation in a slew of sectors ravaged by the pandemic. With Jio Platforms alone garnering over $16 billion (Rs 1,18,318 crore) by selling 25.24 per cent stake and Reliance Retail notching up $6.4 billion (Rs 47,265 crore) by divesting around 9 per cent shareholding, the deal street signed off with $85 billion in the deal kitty across 1,270 transactions. This is higher by about 10 per cent over 2019. What is significant is that over a third of the total deal value came from Reliance transactions, say investment bankers.
Over the last 12 months, thanks to bold bets by venture capital firms like Sequoia, SoftBank Vision Fund, and foreign strategic investors like Naspers, pipeline of start-ups with potential to achieve $1 bn in valuation is at an all-time high.
Though the intent has been hailed as good for the economy, teething problems remain with a five-rate structure for various goods and services
Experts say local demand, government policies in retail and refining sector are attracting foreign players.
The challenge for BMW is to overtake Mercedes-Benz, which bounced back three years ago to become king of the hill.
Barring stray incidents of violence like stone pelting, the shutdown called by the MVA allies Shiv Sena, the Congress and the Nationalist Congress Party was largely peaceful.
'For investors who are willing to remain invested for two - three years, there exist quite a few good opportunities.'
'If we cannot conclude a trade deal, both sides are likely to take trade actions that will further impair our government-to-government ties.'
A swift recovery in oil demand in India is not only helping the stability of the global market, it is giving huge fiscal headroom to the government in terms of additional excise duty.
Investors are sceptical that the economy could have picked up so much steam.
Poor contract workers often have little or no access to safety equipment or health benefits in factories.
India's latest GDP numbers do not signal robust economic growth in near term.
In this industry, a company's strategy needs to be adaptable in order to keep up with the pace of change.
Search is on for reliable indicators of underlying activity.
The electric vehicle evolution in India's passenger vehicle market has remained frozen in time and may see limited adoption over the next decade, experts say.
Markets ended at record closing highs for the second day in a row on institutional buying.
One can see the scale of recalls going up as the market expands.
'Being one of the 150 million upper middle class consumers, I can vouch that the average expenses on white goods or clothing are minimal. Indians are not consumerist by nature,' says Colonel Anil A Athale (retd).
After Desire 816, the expectations from HTC were quite high. Thankfully, HTC Desire 820 ticks all the right boxes, says Himanshu Juenja
'At any given point in time, we expect only 25 per cent of our workforce will need to be in office.' 'And any given person will only be required to spend only 25 per cent of their time in office.'
Anant Gupta, HCL Technologies' chief has an amazing success formula to get things done.
'India easily remains one among the more attractive large economies, with high growth and stable/improving macros, as a top investment destination.' 'We are looking pretty good.'
On the final day of his two-day visit to India's financial capital, Congres vice president Rahul Gandhi tried to connect with Mumbaikars by raising the issue of high electricity bills en route his padyatra from National College, Bandra to Dharavi, Asia's largest slum colony.
The blockchain, the public ledger that tracks every bitcoin transaction, is changing commerce as we know it, says Devangshu Datta.
For the seven months since February 2014, the benchmark index surged nearly 27%.
Protests demanding Jallikattu swelled on the streets of Tamil Nadu after agitators rejected statements by Prime Minister Narendra Modi and Chief Minister O Panneerselvam and the state braced for a shutdown on Friday.
Cashi Crisis: Day 9: Aaj ki Taaza Khabar!
'Let me talk about young Indian startups with their hearts in the right place and how they are proving that innovations that represent 'affordable excellence' -- breaking the myth that 'affordability' and 'excellence' cannot go together -- is indeed possible!' says Dr R A Mashelkar, the eminent scientist, in this fascinating feature.
'They don't always agree with our governments, their teachers or their parents, but it is the conviction of their ideas, and their determination to share them with the world that, I believe, is one of the greatest sources of hope for our planet.' 'The colonisation of space, understanding the very building blocks of matter and the universe, utilising our understanding of the human genome to conquer disease -- these are the tasks waiting for a fellowship of minds to realise new triumphs in our collective destiny.'
