Business

Six months earlier than COVID struck, this transfer safe India Inc from pandemic, says RBI

NEW DELHI: Around six months before the first lockdown was imposed to stem the spread of the coronavirus, the government took a step that subsequently went on to shield Indian corporates from the COVID crisis, the Reserve Bank of India said.The step in question is the Centre’s decision to slash corporate taxes in September 2019.In…

Published

2 years ago

May 28, 2022

Shrishti

Six months earlier than COVID struck, this transfer safe India Inc from pandemic, says RBI

NEW DELHI: Spherical six months earlier than the first lockdown was once imposed to stem the spread of the coronavirus, the authorities took a step that therefore went on to defend Indian corporates from the COVID disaster, the Reserve Financial institution of India acknowledged.The step in build a matter to is the Centre’s resolution to prick company taxes in September 2019.In a negate to give a boost to overall economic increase within the country…
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Business

Main person cos to proceed capex

Several leading consumer facing companies including Hindustan Unilever, Britannia, Voltas, Havells, Blue Star and Titan Company are going to continue their high capital expenditure (capex) and expansion this fiscal as that in FY23, senior executives told ET and analysts in recent earning calls.Much of the capex is ear-marked for new factories…

Published

1 year ago

May 16, 2023

Shrishti

A lot of main person facing companies together with Hindustan Unilever, Britannia, Voltas, Havells, Blue Smartly-known person and Titan Company are going to proceed their excessive capital expenditure (capex) and growth this fiscal as that in FY23, senior executives informed ET and analysts in contemporary incomes calls.Much of the capex is ear-marked for ticket spanking contemporary factories…
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