Bosch Q4 net profit down 80% at Rs 81 cr; says results in line with downward trend in automotive industry
During the quarter, Bosch made an incremental provision of Rs 297 crore as part of an overall provision of Rs 717 crore towards various restructuring, reskilling and redeployment initiatives for 2019-20.
The nationwide lockdown has impacted Blue Star's cash flow position and the firm needs funds for its business continuity and growth over the next 12-18 months, Blue Star said in a regulatory filing.
Nirmala Sitharaman's Budget 2020 measures too long-term, unlikely to bolster growth, meet targets in FY21: Crisil
Noting that the economy is facing its worst slowdown in over a decade, a CRISIL report has said this was because consumption and investment have stopped firing for too long
Budget 2020: Govt must take bold steps to bring private participation into infrastructure building to spur demand
One of the largest sources of demand for manufacturing products is the government’s investment in infrastructure and building assets
Capex injects funds directly into the spending stream and is hence superior to even direct cash transfers where the action of the beneficiary can never be guessed accurately
RBI policy: Bankers blame rising inflation for central bank keeping interest rates unchanged despite fall in growth
Tata Capital's Rajiv Sabharwal is surprised at the RBI's move but added this is aligned with inflation trends.
Corporate tax cut to help top 1,000 firms save Rs 65,000 cr, but measure unlikely to stimulate private sector capex in medium-term
The internal rate of return expected from any new upcoming capex is determined by both the likely asset turnover and cost structure of the business, it explained.
Finance Minister Nirmala Sitharaman on Friday said the ministries have cleared most of the dues of goods and services to suppliers, mostly MSMEs, and the remaining payments will be done in the next few days
Windfall of Rs 1.76 lakh cr from RBI to give govt ammunition to fight slowdown, boost capex, say experts
A record windfall from the RBI under Governor Shaktikanta Das to the tune of Rs 1.76 lakh crore -- higher than the aggregate dividend paid out by the central bank in previous three years -- will give the Modi government ammunition to fight an ever-widening slowdown in the economy by spurring investment and giving sectoral stimulus
The most positive aspect of the economic slowdown in the country is that there is official acceptance that something is amiss
M&M plans to roll out three new electric vehicles; with 'tectonic shift' in auto industry, time ripe for shift, says Anand Mahindra
The task of going all EVs (electric vehicles) is achievable and India has the potential to become a hub for these vehicles, said Chairman Anand Mahindra.
Market, operators not ready for 5G rollout; telcos may need investments up to Rs 1 lakh cr to only lay fibre networks: Report
Greater fiberisation is necessary before 5G becomes a reality and the already stretched telcos will have to invest at least Rs 1 lakh crore in laying fibre networks in the next three years,
Can’t expect anything radical this time from Modi 2.0, govt's entire focus will be on matching all numbers
The prime minister has already increased the cash transfer scheme allocation to Rs 87,000 cr as it will include more farmers now.
Narendra Modi govt's Budget 2019 gives away a lot without taking anything; how's the math working then?
Even if the numbers do not add up in Narendra Modi's 'no pain, all gains' budget in February 2020, the disinvestment block is always there to help meet its 3.4 percent fiscal deficit target
Twelve states failed on job creation despite faster growth than GDP in FY18; Gujarat, Karnataka among top performers: Crisil
Though twelve states grew faster than the nation last fiscal, growth has not been equitable
Farm loan waivers to crimp states' capital spending; revenue deficit widens despite higher receipts: Report
Last year, larger states like Uttar Pradesh, Maharashtra, Karnataka, Tamil Nadu had also announced farm loan waivers as financial distress kept rising among farmers.
Vodafone Idea estimates that sale of 11.15 percent stake in Indus Towers can realise Rs 5,000 crore, which it will use in lowering debt.
Govt wants Rs 3.6 lakh crore cash surplus from RBI: Eating into central bank's reserves is a dangerous idea, will set a bad precedent
As this has not been done before, doing it now will definitely send a signal that all is not well with the government’s finances and will hence raise several questions on the running of the Budget.
Silver linings lurk in Diwali mood for India's economy if we look beyond Chinese imports, wavering investments and bad loans
Smartphones, the most visible symbol of "Digital India's" ambitious expansion, are increasingly Chinese.
Samsung expects quarter-on-quarter earnings to decline in Q4 due to weak demand for memory chips.