Tag: pli

PLI scheme: Co to refund PLI sops, invoke bank guarantee if midway exit: DPIIT in FAQ

A company availing benefits of production linked incentive (PLI) scheme for ACs and LED lights will have to refund the incentives taken along with interest...

Special steel PLI scheme to help India enter high-quality value chain

The production-linked incentive (PLI) scheme for ‘specialty steel’ is a nudge to the steel industry to move towards Aatmanirbhar Bharat. GoI has laid stress on...

Centre’s dilemma: Rescue pandemic-hit sectors or boost sectors that beat the virus?

No epidemiologist can predict at this moment when India will face another wave of Covid-19. Nor can they tell us for certain whether it will...

Blue Star hopeful of improving business from Q2

Air conditioning and commercial refrigeration major is hopeful of business to improve from the second quarter of 2021-22 after being hit hard by the second...

Tesla steps up senior recruitment in India amid push into one of world’s biggest emerging car markets

Tesla Inc. has begun recruiting for leadership and senior level roles in India, according to a person familiar with the matter, as it gears up...

Auto stocks: Why is D-Street hungry for auto stocks amid painful Covid wave?

What is it about auto stocks that they continue to draw investors by the hordes even when dark clouds loom over the demand environment? On...

investment strategy: Lessons on Zen & the art of portfolio balancing from Sunil Singhania

Don’t look at last year’s return and expect 40-50% return year after year. Expect decent mid teen returns and you will not be disappointed, says...

Infra spends, PLI projects to drive growth next fiscal: Report

Projecting next year’s growth to be a story of two halves, with the low base-effect lifting the growth engine in the first half and a...

PLI schemes excellent opportunity to increase manufacturing: PM

Prime minister Narendra Modi, on Saturday, urged states to take full advantage of the production linked scheme to attract investments into the state while emphasising...

Basic Customs Duty on mobile phone components to spur localisation

New Delhi: Industry body ESC on Tuesday said imposition of 2.5 per cent Basic Customs Duty (BCD) on mobile phone components, announced in the recent...

View: How this Budget offers incentives for all stakeholders to propel growth

Given that healthcare has taken centre stage due to the Covid pandemic, Budget 2021, naturally, has enhanced its outlay by about 2.4 times year-on-year. More...

Companies entering textile space may get highest benefit under PLI

New Delhi: The government may introduce a category called ‘Greenfield’ in the recently announced production-linked incentive (PLI) scheme for textiles to encourage companies to venture...

About 50% industry respondents feel Budget will revive their business, says Deloitte survey

NEW DELHI: About 50 per cent of the industry respondents feel that the upcoming Union Budget will revive their business, while a vast majority are...

Stock Market: What will be the biggest theme for next 10 years? Gautam Duggad answers

One theme that will play out throughout next decade is that of the big becoming bigger and concentration of market share and profit pool in...

India emerges as an attractive durable investment destination

India has emerged as an attractive durable investment destination amidst the COVID pandemic with record $25 billion net FDI inflows during the September quarter as...

Smriti Irani: Govt working on structure to roll out PLI Scheme for technical textiles, manmade fibre segment: Smriti Irani

New Delhi: The Textiles Ministry is bringing to fore a structure under which the Production Linked Incentive Scheme for technical textiles and manmade fibre segment...

Appliances, consumer electronics companies seek silver lining in 2021; pin hopes on new launches

New Delhi: The appliances and consumer electronics industry, which lost around 25 per cent of annual sales in the COVID-19-hit 2020, expects to regain the...

Samsung to invest Rs 4,825 cr to shift China mobile display factory to India

NEW DELHI: Smartphone major Samsung will make an investment of Rs 4,825 crore to relocate its mobile and IT display production unit from China to...

Warren Buffett: Warren Buffett’s firm buying big into drug stocks. Should you too?

NEW DELHI: Legendary investor Warren Buffett‘s Berkshire Hathaway has invested in four large drugmakers in the recent months. Latest investment data showed the Nebraska-based company...

Atmanirbhar 3.0: Demand for steel and cement is set to climb

MUMBAI: Demand for steel and cement, two capital-intensive sectors undergirding physical infrastructure, is set to climb as real-estate and affordable urban homes emerge as the...

New announcements under Aatmanirbhar Bharat 3.0 will make road to recovery stronger: Niranjan Hiranandani, ASSOCHAM

Kolkata: Government’s continuous support and the new announcements under the Aatmanirbhar Bharat Yojana 3.0 will make the road to recovery post-pandemic stronger and facilitate and...

Micromax Seeks to Ride Anti-China Wave for Smartphone Market Comeback, New Devices Due by September: Report

Micromax has reportedly announced plans to make a comeback in India’s smartphone market. The homegrown brand said that it would invest Rs. 500 crores towards...