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INDIAN INDUSTRY CORONAVIRUS
Vivek Ramaswamy wins Republican nomination for Ohio governor after Trump's endorsementOhio voters have chosen their candidates for key November elections. Billionaire Vivek Ramaswamy will face Dr. Amy Acton for governor. Sena...- Covid is unpredictable but responses should be to boost investment, demand: CIIThe Confederation of Indian Industry has asked governments to standardise their responses based on certain thresholds that would trigger a ...
- Corporate India struggles to contain debt levels post CovidDebt to operating profit ratio of PSU companies rose to a five year high of 2.38% in March 2019 compared to 2.32% for non PSU companies whi...
- Industry body PHDCCI urges govt to use entire annual Ad budget to help media cosThe request is part of PHD Chamber of Commerce & Industry’s research report presented to minister of information and broadcasting Prakash J...
- Indian smartphone industry may take $2 bn hit from coronavirus: Counterpoint ResearchNoting that the effect of the pandemic on India was relatively mild until mid-March, Counterpoint Research said the outbreak is spreading p...
- Indian Industry seeks 10-point boost plan from govt for the exporters effected by coronavirusThe plan drawn up by the Confederation of Indian Industry (CII) covers everything from extending the 5% interest subvention scheme to all e...
- CII seeks exemption for e-commerce, ITeS, food processing from prohibitory orders"For safeguarding the uninterrupted supply of consumer items in the market, CII urges the government to keep the manufacturing facilities o...
- Travel, tourism, hospitality need government support: IT veteran"Lots of people dependent on taxi service are facing the impact because people are not at present using taxis. So, these are the sectors th...
- Coronavirus wipes out overseas ops of Indian carriers; CAPA predicts industry doomsdayAs per CAPA, all Indian airlines, except Air India, will report combined losses of up to $600 mn in June quarter.
- Textile industry body seeks relief package to mitigate COVID-19 pandemic impactApart from reduction in the bank interest rate and extension of soft loans, the industry body has asked for a moratorium for repayment of p...
- 6 lakh MSMEs restructured, coronavirus offers opportunity to Indian industries: GadkariNitin Gadkari said six lakh industries under MSME have already been restructured and by December 31, the extended date for restructuring, t...
- Indian entertainment industry stares at losses due to coronavirus effectIt is hard to quantify exactly how much money is at stake but theatres in Delhi alone may incur a loss of Rs 2 lakh to 10 lakh in the comin...
- Coronavirus outbreak in China may affect Indian industries: GoyalCommerce and Industry Minister Piyush Goyal said that the closure of factories in China may affect Indian industries, which import componen...
- Amid coronavirus outbreak, Air India disinvestment might be 'quite difficult at this moment': IATAThe outbreak, which has infected over 95,000 people and resulted in more than 3,200 deaths worlwide, is taking a toll on the global airline...
- Coronavirus impact: Indian auto makers may start getting Chinese supplies soonChinese suppliers have prioritized shipments to large Indian automakers, industry sources said.
- Sun Pharma flags hypertension drug shortageIndian companies are the main supplier of generic drugs to the world and procure almost 70% of the active pharmaceutical ingredients (APIs)...
- Coronavirus outbreak could impact India Inc: ReportCoronavirus outbreak could cause a dent to the recovery of the Indian economy amid supply chain disruptions and inflationary pressures, a r...
- ICRA downgrades Indian pharma on China lockdownSeveral companies that ET spoke to said that they have stocks that will last them till May end.
- Indian textile and apparel industry to be affected due to coronavirus attack in China: CMAIA release issued by the association on Thursday said that the prevailing situation in China along with the uncertainty of production commen...
- Indian auto industry to be negatively impacted, supply chain disrupted if Coronavirus persists: ICRAChina accounts for 27 per cent of India's auto component imports valued at USD 4.8 billion and, the impact is estimated to be higher for hi...
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