CEOs warn of economic depression, say need to work within new normal
The first of a three-part series looks at how the workplace across India Inc is all set to be disrupted
Sectors with complex value chains, particularly electronics & automotive products, would be most impacted
Here are the top 10 headlines on Monday
The Standing Committee has suggested that the government allow bigger companies to retrench workers, without the need to seek official nod from the government
Friday's meeting follows a wide range of deliberations held within the government and with eminent experts.
The trend comes on the back of a Rs 55,000-crore FPI sell-off during the March quarter
'Sectors with higher leverage will be major beneficiaries'
Key demands and suggestions include improving liquidity, cutting customs duties and goods and services tax (GST) rates, expediting all refunds and a halt on tax scrutiny
The survey, which covered 380 firms across sectors, portrayed that most of the respondents want tax relief, demand creation and ease of compliance from the government.
Until now, Chinese investments were automatically allowed, similar to those from other nations, in all but 16 sectors, such as telecom, defence, and national security.
Companies deferred their decision to hire workspace amid global economic slowdown caused by Covid-19, according to Cushman & Wakefield.
The first TLTRO facility took place on March 27, and so far Rs 1 trillion has already been deployed.
Tens of thousands of workers who returned to villages are now similarly weighing whether to return at the end of the lockdown, which Modi this week extended to May 3.
The government of India and the High Commission of India are constantly working in consultation with businesses and business organisations with regard to the government's response to Covid-19
At least 37 of the ones which missed the Securities and Exchange Board of India (Sebi) deadline were government-owned
Companies will have to make special arrangements to bring workers to office, with '30-40 per cent passenger capacity' in each vehicle
Close to 3.5 million trucks (along with their drivers and assistants) are off the road - some because of manpower shortage, and some because they are stuck in various parts of the country.
Information Technology and IT-enabled services were classified as essential services by the Indian government soon after the lockdown was announced to prevent the spread of Covid-19.
Reputed conglomerates are opting for moratorium on debt servicing