The pandemic has dealt a bigger blow to smaller firms and their employees than it has done to bigger companies. The sharp decline in sales and revenue in the first half of 2020-21 has forced smaller companies to cut operating costs, especially employee costs, far more than their bigger peers have done.
Pfizer may price Covid-19 vaccine lower in India than in UK and US
Global pharma major Pfizer may price its vaccine lower in India than in the UK and the US, sources in the know said. The government in the recent past had indicated that India wouldn’t be keen to procure the Pfizer-BioNTech vaccine because of its high cost and the extreme cold chain requirement at minus 70 degree Celsius.
Playing capital goods theme: A stock-specific approach is the right tactic
The capital goods or industrial sector has bounced back into the limelight on hopes of a swift economic recovery and reasonable stock valuations.
Burger King India vs McDonald's: A new appetite for stock markets
On Monday, Burger King India listed on the bourses at nearly double its issue price, bringing into focus a fast-food chain that has been in the country just six years. The stock has rallied for two consecutive days and shows no signs of abating.
NBFCs seek relaxation in eligibility to recover loans under SARFAESI Act
Non-banking financial companies (NBFCs) have sought relaxation in eligibility to recover loans under the SARFAESI Act from the government.
The Centre will be ready with the first cut of a single window system for approvals and clearances as early as March or April next year to ease the compliance burden on the industry, commerce and industry minister Piyush Goyal said at an industry event on Tuesday.
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