Domestic food companies, too, continue to bet on packaged foods.
After last year's lull, number of offers jump by 15%.
Market participants are hoping for a few tweaks on the taxation front which will encourage consumers and businesses to spend.
PepsiCo bets on value-added water by launching vitamin-fortified drinks in a segment that is growing rapidly in India.
'The pay cuts have been very tough on those with entire families to support.'
Between August and September Finance Minister Nirmala Sitharaman toured the length and breadth of India meeting traders, experts and entrepreneurs to gauge the pulse of the nation, reports Ruchika Chitravanshi.
Fitch Ratings director Thomas Rookmaaker said India's debt-to-GDP ratio is likely to rise to 76 per cent from 70 per cent currently due to wider fiscal deficit and low economic growth.
RBI proposed that at least half of the compensation of a CEO should be variable. It also said that stock options should be part of the variable pay, against the extant practice of keeping it beyond and above the scope of the official compensation package.
Subbarao also warned of attrition in PSBs, saying, "PSBs will lose talent to the private sector."
The number of offers per recruiter has come down by anywhere between 10 and 20 per cent at different IITs.
HR Guru Mayank Rautela offers practical advice.
Congress president implored the party to have a 'concrete agitational agenda' to go directly to the people instead of merely being aggressive on social media.
Parliamentary Affairs Minister Ananth Kumar said the government is ready for a discussion on the issue of alleged financial irregularities in the banking sector and Finance Minister Arun Jaitley will reply to the debate.
'India should take up defence manufacturing in a more serious manner and encourage greater private participation.'
State-owned banks simply cannot match the compensation packages paid by their newer private sector counterparts.
'Given the way in which the PLA operates today, I don't believe local commanders were necessarily acting without approval of higher levels.' 'They were acting in a way which they believed they were carrying out the intent of the higher levels.'
The private sector hospitals and PSU insurers are likely to arrive at an interim settlement on restoration of cashless treatment facility at major hospitals in the country from Friday.
Central bank likely to keep tabs on large wilful defaulters; policy likely by month-end.
These stocks are overvalued and, therefore, one should not adopt a buy and hold strategy.
Kini, is set to return to the United States in June, and will launch his venture in the environment space.
The best available recourse to keep the defence sector healthy, is to source most of our requirement within the country so that procurement outlays under both the Revenue and Capital heads flow within the country, recommends says Brigadier S K Chatterji (retd).
Telecom companies have been desperately waiting for a bailout package from the government after a Supreme Court order put their statutory liabilities at Rs 1.47 lakh crore.
A lot has been written about the impact of the recommendations.
A Shyamsunder (Shyam), chief executive officer of Disha Direct Marketing Services and an real estate expert, offered some valuable tips during a chat on rediff.com on Tuesday
It said the final induction ceremony will take place in second half of August. 'The first batch of five Indian Air Force Rafale is likely to arrive in India by end of July.The aircraft will be inducted at Air Force Station Ambala on July 29 subject to weather,' the IAF said.
ONGC was the top gainer in the Sensex pack, rallying around 18 per cent, followed by HUL, UltraTech Cement, RIL, TCS, HDFC, ITC and Asian Paints. Only HDFC Bank and IndusInd Bank settled in the red. NSE Nifty zoomed 482 points, or 5.83 per cent, to close at 8,745.45.
It plans to use it as collateral, along with forex reserves, to print currency.
Top companies across sectors -- automobile maker Maruti Suzuki, consumer electronics giant Samsung to IT giant Infosys -- have reopened factories and offices as India took its first steps towards resuming economic activity after weeks under a near-total coronavirus lockdown.
The stimulus packages should continue for another year or at least till October 31, he said, pointing out that the economy is yet to achieve the pre-crisis level of nine per cent.
'While the country has been hit hard from a strong second wave of Covid, we believe the markets are willing to look through that.'
'Inequality has been growing in the world. The virus has only amplified it.'
We should brace ourselves for more bad news in the coming quarters -- on economic output and growth, strains on the fiscal deficit, export slowdown, small and micro enterprises in distress, and further accumulation of NPAs in the banking sector, says Rahul Khullar.
In another round of economic booster, Sitharaman announced steps to help homebuyers and push exports.
'The first year of the Modi government's second term has laid the roadmap for the future and we will embark on it with gusto,' promises Gopal Krishna Agrawal, the BJP's national spokesperson on economic affairs.
With 2015 having multiple weekend breaks, travel agents and online travel portals expect a holiday rush this year.
After a long wait, the Shapoorji Pallonji Group has closed the sale process of its consumer durables business under the Eureka Forbes label by picking the American private equity fund Advent International's Rs 4,400-crore offer for a 72 per cent stake. The sale process, which began in November 2019, will help the over 156-year-old SP Group pair the debt pile and sharpen the focus on the flagship construction and engineering business under Afcons. The valuation of Rs 4,400 crore for a 72.56 per cent stake is is at an enterprise level and subject to closing adjustments and also includes an open offer for the remaining stake after the demerger and listing of Eureka Forbes, the SP group said in a statement on Sunday.
Particularly hit has been the apparel sector, where the time taken by the industry to adjust to the Goods and Services Tax regime, downward revision of export incentives, and a credit squeeze faced by small and medium scale enterprises, has pushed production downwards.
It is not clear whether the drop in offers is a fallout of demonetisation.
The commerce ministry wants the stimulus packages for exporters to continue for some more time till the sector recovers completely.
