A third of the total restaurant market in India - valued at Rs 4.25 trillion - could be wiped out in the current financial year, since many players have simply been unable to sustain operations in the absence of customers.
ATP tournaments incurred losses of between $60 and $80 million last year, hurt by last-minute cancellations
'The increasing mix of fixed price contracts is helping us improve productivity by bringing in more automation.'
The tearing hurry to form theatre commands has to be replaced by a balanced and deliberate approach. We need to accept that this process will take time if executed correctly and in the best interests of the Indian armed forces, argues Commodore Venugopal Menon (retd).
If Microsoft can't clearly define its destination, a confused organisational structure isn't going to help it get there.
The ministry of external affairs called the invitation a "welcome recognition" of the presence of 185 million Muslims in India and of their contribution to its pluralistic ethos, and of India's contribution to the Islamic world.
Before migrating into the theatre command concept, it would be worthwhile to study the shortfalls experienced by the Tri Services Command in the Andaman and Nicobar islands and make good the deficiencies, suggests Commodore Venugopal Menon (retd).
FinMin plans tougher targets for bad loans, Casa and others in performance-linked pay for senior management.
Besides growing tech and digital enhancements, the firms are ramping up the hiring of more delivery partners and reinforcing existing Covid protocols.
All of the 56 impacted associates, eight in the senior management and 48 in the middle as well as lower management, have been offered enhanced severance benefits and out placement services to support their transition, the company said.
'The much-awaited decision could be a welcome change at a time when the Indian armed forces are crying for self-reliance and the defence industry is looking forward to more indigenisation,' notes Nitin A Gokhale.
India has demanded resumption of export benefits to certain domestic products under GSP, and greater market access for its products from sectors like agriculture, automobile, auto components and engineering. On the other hand, the US wants greater market access for its farm and manufacturing products, dairy items and medical devices, data localisation, and import duties cut on some ICT products.
'ISRO facilities are very expensive and any damage caused by these start-ups can create havoc to our space programme.'
He stressed that the assembly poll results were 'not bad' though the party was 'a little down' in UP.
Wrapped in blue and orange wax paper, it's a familiar sight on the shelves of kirana stores across the country. Given how well travelled and mobile it is - starting its journey in Chennai, then turning to Singapore and now landing in Mexico - you could say it lives up to its name: Modern. Modern Food Enterprises, the company that manufactures and sells the bread in question as well as other bakery products under the "Modern" brand name, has recently been sold to the world's largest baking company, Grupo Bimbo, for an undisclosed amount. This latest transaction is the second change of guard at Modern within five years and third since the government divested the company at the turn of the century. At a time, when the National Democratic Alliance government has decided to privatise, or shut down, public sector enterprises except for those deemed strategic, Modern makes for a promising case study of how divestment led to the brand's growth, both in revenue and reach.
It's business as usual for Bibhu Mohapatra at the New York Fashion Week.
SC expressed surprise that no steps were taken for recovery.
Vrde currently manages about $14 billion globally, and has invested nearly $500 million in India in the past five years
'You can never bring about a change if you only bring in outsiders. Consultants will never feel what changes are necessary and where,' says Railway Minister Suresh Prabhu.
The acting chief executive of Cricket South Africa (CSA), Jacques Faul, has tendered his resignation barely four months after Sports Minister Fikile Mbalula appointed him to restructure the embattled organisation.
Railways must pull back its share of freight traffic.
The panel's report also provides a range for fiscal deficit and debt path of both the Union and states and also recommended additional borrowing room to states based on performance in power sector reforms. Finance Commission is a constitutional body that gives suggestions on Centre-state financial relations. The report of the 15th Finance Commission was tabled in the Lok Sabha by Finance Minister Nirmala Sitharaman.
With the world's worst outbreak of COVID pandemic stalling a nascent economic recovery, the government has begun assessing the impact of the second wave of infections on different sectors and may look at providing support at an appropriate time to segments requiring fiscal help. Some of the economic indicators, including the Goods and Services Tax (GST) collections, still provide confidence and incoming data will throw some more light on the state of the economy, sources said. Services sectors like hospitality, tourism and aviation which had just started recovering were hit hard by the second wave of COVID, the sources said, adding these segments might need some support on an urgent basis from the government.
Two aborted missions, three different ministers, multiple rule changes and two decades later, Indian taxpayers will no longer have to pay Rs 20 crore per day to keep the loss-making Air India flying. While opposition Congress expectedly attacked the decision as selling the family silver, DIPAM secretary Tuhin Kanta Pandey said what Tata is getting is not a cash cow but an airline which is bleeding where money needs to be pumped in to refurbish obsolete aircraft and dust up strangled ones while being unable to touch any employee for one year and only be able to resize staff after paying a VRS. "It won't be a very easy task there. Only advantage is they (new Air India owner) are paying the price which they think they can manage. "They are not taking the excessive debt accumulated to fund years of losses. We are continuing it as an ongoing concern.... This process has also saved huge amount of taxpayers money going forward," Pandey told PTI.
CSA is yet to appoint a permanent director of cricket following the decision not to renew the contract of Ottis Gibson in August
Gen Rawat's comments about the supporting role of the Air Force came at a conference when asked about the growing perception that the Indian Air Force was not keen on setting up the proposed theatre commands integrating the capabilities of the three forces.
'The fundamentals look strong, but we will have to see if they translate into actual demand.' 'Because the April-May marriage season didn't see much sales due to the lockdown.'
The VRS has been mostly offered to cut costs in wake of economic slowdown, the experts said.
Employers are now looking to hire professionals who can demonstrate their skills rather than reel off a catalogue of undirected theoretical qualifications.
The protests brought home the fact that the Sri Lankan public is in no mood for halfway measures, as voices against Rajapaksa 'family rule' and 'securitisation' of the civilian administration began sidestepping the more critical economic crisis, affecting the nation and afflicting the individual, observes Sri Lanka watcher N Sathiya Moorthy.
Observing that it is not yet clear to him what the government means by 'Atmanirbhar Bharat', Rajan said if it is about creating an environment for production, then it is a re-branding of the Make in India initiative.
The defence ministry has amended rules to allow the Chief of Defence Staff to serve up to a maximum age limit of 65 years. The changes have been made in the services rules of the army, navy and the Indian Air Force for extension of retirement age of the Chief of Defence Staff to a maximum of 65 years if a service chief is appointed to the post.
'Entry and qualification must not be through concession and must be reserved for only those who meet the stringent standards of the institution'.
He said the aim has been to create firewalls to deal with the cyber attacks and that the issue is being addressed in a "serious way".
Observing that the economic recovery was not yet fully entrenched, the RBI Governor said recovery is likely to be gradual.
Wipro Technologies on Tuesday said the company would have to wait at least three quarters to reap benefits from realigning the organisational structure.
Rangarajan also called for improvement in the country's corporate-bond market saying that this will help even small companies to raise adequate funds.
Undertaking a major restructuring exercise, consumer goods conglomerate HLL on Wednesday announced a slew of top level management changes naming Douglas Baillie as the chief executive officer to head the management committee.
Nearly 150 senior management staff will be asked to leave.
Isro says the controversial S-band spectrum deal is not the reason for the restructuring
