ITC Infotech looks to buy 'sub-$50 mn' firms
After the Covid-19 pandemic that derailed the economy since 2019, the Durga Puja festival in West Bengal is back with an estimated 20-30 per cent jump in festive spending. Retail sector is the key contributor to the state's Durga Puja economy which was Rs 32,377 crore in 2019, according to a British Council study conducted for the state government. Retail accounts for 85 per cent of the total puja economy and the rest is shared among pandal making, decoration, illumination, entertainment, advertisement, food & beverage and others.
The finance minister will also visit the school in Tamil Nadu where she studied from KG to Class 5.
Wrestlers threaten Supreme COurt action over sexual harassment allegations against WFI President
While Dhanlaxmi Bank faces governance issues similar to those in Lakshmi Vilas Bank, the financial profile of the Kerala-based bank is better.
The Department for Promotion of Industry and Internal Trade (DPIIT) will soon start public consultation for a national retail trade policy, which is likely to include an insurance scheme aimed at providing financial protection against losses caused by theft, accidents or natural calamities. The policy will also spell out ways to give traders access to low-cost finance, promote digital inclusion, and create necessary infrastructure to support them, a senior government official told Business Standard. This is expected to offer relief especially to traditional traders, who are facing stiff competition from large e-commerce players.
In terms of retail categories, beauty, wellness and personal care saw the steepest decline at 87 per cent, followed by footwear with a dip of 86 per cent last month as against May 2019.
Karnataka, by reposing its faith in BSY, remains a Hindutva stronghold, reports R Rajagopalan.
'It's not my choice to be back home. They approved everything before I left as I filled out the forms. I received my March salary and it was only half. When I inquired, they said they are holding my pay'
Two FIH Pro League ties involving the senior men's team, junior men's Asia Cup and senior women's Asian Champions Trophy are among a host of international hockey events, where India was scheduled to take part, that have been postponed due to the coronavirus pandemic.
Former India cricketer Virender Sehwag, Paralympic silver-medallist Deepa Malik and hockey stalwart Sardar Singh were on Friday included in a 12-member committee constituted by the sports ministry to select this year's National Sports Awards winners. Just like last year, the ministry opted for a single selection committee to pick the awardees among both athletes and coaches and it will be headed by Retired Supreme Court Justice, Mukundakam Sharma.
There will be no second term for President Kovind and no elevation for Vice President Naidu.
The retail industry's business is on the brink of full recovery as it achieved 93 per cent of the pre-COVID sales in February, according to a report. Segments such as consumer durables and quick service restaurants (QSR) have shown positive growth of 15 per cent and 18 per cent respectively in February 2021, the report from the Retailers Association of India (RAI) said. "The quantum of de-growth in retail sales has reduced as most segments in retail have started to show significant improvement," it said. Categories like footwear, beauty, wellness and personal care, sports goods and food and grocery are showing steady month-on-month recovery.
R Rajagopalan reveals the BJP's master plan to get Modi re-elected.
The Palaniswami government is expected to utilise the Rangarajan Committee's recommendations before the 2021 assembly election.
A division bench comprising justices S Manikumar and Subranmonium Prasad rejected the contention by additional solicitor general G Rajagopalan that the petition filed by the DMK as a "political interest litigation" and moved to push its agenda.
Rajinikanth will announce his decision by the end of this month through a video message on his Twitter handle.
The DMK, AIADMK, PMK, BJP gear up for next May's assembly elections.
Apart from making your purchases on these platforms expensive, it will also mean sellers will have to face the brunt of reduced cash flows amid already low margins for some. Experts said the proposal, which will take effect on April 1, 2020, and will be inserted as a new section in the Income Tax Act, is expected to affect the working capital of e-commerce companies and reduce cash flows for e-sellers.
"Peeche peeche aana hai (follow right behind)," was the message from Amit Shah to Tamil Nadu Chief Minister Edappadi K Palaniswami and Deputy CM O Panneerselvam, reports R Rajagopalan. There has been no discussion on the portfolios to be allotted, and it has been left to the discretion of the prime minister, reports R Rajagopalan.
Leading IT service provider, Cognizant Technology Solutions is looking at India as a talent pool for global market, a senior company official said on Wednesday.
For the first 90 days of 2021, from January 5 onwards, one Union minister will visit one district in Tamil Nadu every week till the assembly election.
Arvind Kejriwal is poised to return to power with a simple majority. Even if the BJP wins 20 to 25 seats, it will be seen as a victory, says R Rajagopalan.
Developed countries are relaxing restrictions on economic activity at a faster rate than expected. Global demand for consumer goods, intermediates and commodities is growing at a fast pace. Most exporters are flushed with orders, says T N C Rajagopalan.
R Rajagopalan on why September promises to be a crucial month for Tamil Nadu.
On Tuesday, Modi will share his views with India Inc on 'Getting growth back'.
The Congress leader followed the drill issued by the Director-General of Civil Aviation for all passengers coming from Italy, which mandates a thorough check-up for covid-19, reports R Rajagopalan.
The top two seeds were beaten by Chen-Huan Yi of Chinese Taipei and Arun Prakash Rajagopalan respectively in the semi-finals of the Asian junior tennis championships.
I keep a licensed revolver with me always in my car, there are some personal issues with someone which I don't want to disclose, said boxer Neeraj Goyat.
The fourth seed was taken the full distance by Rupesh Roy in the boys' singles in the Asian Junior tennis championships.\n\n
In Karunanidhi's passing the real loser is Tamil Nadu and Tamil language. So far there is no one on the horizon to fill the vacuum left behind by him, says R Rajagopalan.
New age diagnostic tools come in handy for BharatBenz to predict repair needs and breakdown in advance.
Even as the actor-turned-politician said that it was just 'a courtesy call', speculation about a future alliance between them has been doing the rounds in the national capital, says R Rajagopalan.
Like the last time, Ghulam Nabi Azad is believed to have taken the lead in preparing and despatching the letter this time too.
Xi's presence in Mahabalipuram is more of a political message by Modi to the world -- as well as to regional parties in South India that they should be beware of the BJP's rise, says R Rajagopalan.
The RSS wants three nominees inducted: Tejaswi Surya, the young BJP MP from Bengaluru South, Vinay Sahasrabuddhe, a Rajya Sabha member, and former Maharashtra chief minister Devendra Fadnavis.
The Aam Aadmi Party, Delhi's ruling party, is already in election mode.
The Modi government wants to have a smooth relationship with the DMK government.
Three months after the Modi government withdrew SPG cover to Sonia, Rahul and Priyanka Gandhi, they are all set to lose another special status provided to them.
