Tuesday 30 June 2020

Non-life insurance sector to log negative growth in FY21


The non-life insurance industry is expected to log negative growth this financial year (FY21) due to Covid-19 pandemic, according to a top official of Cholamandalam MS General Insurance Company, here on Tuesday.

Monday 29 June 2020

India Bans TikTok and 58 Other Chinese Apps from Their Domestic Market. Is it a Big Deal?


How to read the decision made by the Indian government to ban 59 Chinese Apps, including TikTok.

The post India Bans TikTok and 58 Other Chinese Apps from Their Domestic Market. Is it a Big Deal? appeared first on India Briefing News.

Pharma sector seeks clearance of imported APIs, medical devices


The strict customs scrutiny and non-clearance of imports from China has now hit the pharmaceutical sector -- the lifeline amid the pandemic -- making industry representatives to reach out to the government and seek urgent clearance of the goods at ports and airports.

Thursday 25 June 2020

Aluminium industry seeks duty remission to compete with Chinese producers


India's aluminium industry has made a strong case for implementation of RoDTEP Scheme (Remission of Duties or Taxes on Export Products) for the sector to make India's aluminium exports competitive and create a level playing field for Indian exporters vis-a-vis global players in international markets.

Wednesday 24 June 2020

India Throws Cat Among US & UK Hawks by Joining Military Parade with Chinese Soldiers in Moscow’s Red Square


Op-ed by Chris Devonshire-Ellis India’s military and government have thrown a gauntlet down to the United States in parading soldiers on Red Square yesterday, being the delayed Victory Parade concerning the defeat of Nazi Germany and the end of WWII in 1945. This year is the 75th anniversary of that occasion. At the time, India[.....]

The post India Throws Cat Among US & UK Hawks by Joining Military Parade with Chinese Soldiers in Moscow’s Red Square appeared first on India Briefing News.

Thursday 18 June 2020

Cotton Industry body retains crop estimate at 330 lakh bales


The industry body, Cotton Association of India (CAI) has retained its crop estimate for 2019-20 at 330 lakh bales of 170 kg each, the same level as estimated by it in the previous month. CAI released its May estimate of the cotton crop for the season 2019-20 (October-September) on Thursday.

Wednesday 17 June 2020

The Fitness Industry in India: Investment Outlook After COVID-19


We discuss major growth drivers and new trends that are reshaping the emergent fitness industry in India, focusing on the services segment and its shift to online platforms.

The post The Fitness Industry in India: Investment Outlook After COVID-19 appeared first on India Briefing News.

Tuesday 16 June 2020

Hilton sets new cleanliness standard for its properties


Global hospitality major Hilton on Tuesday announced a worldwide roll-out of a new programme to deliver an industry-defining standard of cleanliness and disinfection to its properties.

Wednesday 10 June 2020

India’s PPE Industry: How COVID-19 Demonstrated Untapped Local Production Capacity


India's rapid scaling up of PPE production demonstrates the country’s manufacturing capacity and how it has the resources to match sudden demand spikes.

The post India’s PPE Industry: How COVID-19 Demonstrated Untapped Local Production Capacity appeared first on India Briefing News.

Wednesday 3 June 2020

New Microsoft programme to empower agritech startups in India


Microsoft on Wednesday launched a new programme to help agritech startups in India build industry-specific solutions, scale and grow with access to deep technology, business and marketing resources.

Uday Kotak takes over as CII President


Uday Kotak, Managing Director & CEO of Kotak Mahindra Bank, has taken over as the new President of the Confederation of Indian Industry (CII).

Tuesday 2 June 2020

PLI scheme a 'game changer' for mobile manufacturing: ICEA


Calling the production-linked incentive scheme a "game changer", industry body India Cellular and Electronics Association on Tuesday said that the scheme will help boost growth in mobile phone manufacturing in India as well as meet exports targets assigned under the National Policy on Electronics (NPE 2019).

Life insurers earn more in Oct selling lesser policies

The 24-company Indian life insurance industry closed last month with new business of Rs 22,776.03 crore, up by 31.87 per cent over the prev...