Search Results for: tax incentives

Apple supplier Foxconn to invest $1 billion in India

The move, the scale of which has not previously been reported, is part of a quiet and gradual production shift by Apple away from China as it navigates disruptions from a trade war between Beijing and Washington and the coronavirus crisis.

Jul 11, 2020

Thousands of pilots losing jobs in Middle East, India as COVID-19 crisis continues

More than 2,500 pilots have lost jobs among all Middle East carriers, and pilots in India have been affected too because of the unprecedented Covid-19 crisis, many can't join airlines back as their Indian license has expired or is about to expire due to archaic DGCA rules.

Jul 10, 2020

YS Jagan Mohan Reddy and COVID-19 tests in Andhra Pradesh

Andhra Pradesh completes 10 lakh Covid-19 tests, 3rd Indian state to do so

Andhra Pradesh has conducted a total of 10.17 lakh COVID-19 tests as of on Sunday, becomes 3rd Indian state to cross 1 million-mark.

Jul 6, 2020

YS Jagan Mohan Reddy launches 1088 ambulences

YS Jagan Mohan Reddy launches 1088 ultra-modern 108 and 104 ambulances on Doctor's Day

Andhra Pradesh CM YS Jagan Mohan Reddy has launched 1088 ultra-modern 108 and 104 ambulances on Doctor's Day.

Jul 1, 2020

India plans incentives for auto companies to boost exports

The Department of Heavy Industries (DHI) has sought feedback from auto industry groups on the initial proposal, which suggests giving incentives over five years to increase local production and procurement for export.

Jun 29, 2020

Andhra CM Jagan Reddy releases incentives of over Rs 500 cr to restart MSME operations

Chief Minister YS Jagan Mohan Reddy has released Rs 512.35 crore to restart the operations of MSMEs in Andhra Pradesh.

Jun 29, 2020

Blood donation key to strengthening COVID-19 response: WHO

Countries must invest in robust infrastructure and public awareness campaigns to boost donation of safe blood and strengthen the response to COVID-19 pandemic, a senior World Health Organization (WHO) official said on Sunday on the occasion of World Blood Donor Day.

Jun 15, 2020

FY20 gross direct tax collection down nearly 5% at 12.33 lakh crore

The gross direct tax collection stood at Rs 12,33,720 crore for last fiscal, compared to Rs 12,97,674 crore collected in FY 2018-19.

Jun 8, 2020

Majority of trucks have no drivers amid Coronavirus lockdown; smart operating models explored

The coronavirus-led lockdown has had a severe impact on the trucking sector due to the shortage of truck drivers. This article talks about how two-third of the trucks in India are idling, which is a serious cause for concern.

May 23, 2020

Indian mobile company Lava lured by govt's new schemes exits China

Lava is planning to invest Rs 800 crore in India over the next 5 years. The move was inspired by the government's new schemes to incentivize local manufacturing in India.

May 16, 2020

India follows China's lead to widen use of coronavirus tracing app

The government of Prime Minister Narendra Modi has touted its app, Aarogya Setu, or "Health Bridge," as a key tool in fighting the deadly coronavirus.

May 14, 2020

Who is PewDiePie? The world’s biggest YouTuber

PewDiePie inks exclusive deal with streaming platform Youtube

However, no details involving the financial incentives to Kjiellberg were made public post signing of the deal. PewDiePie last year had signed similar deal with Dlive, a rival of Youtube.

May 5, 2020

US 'turbocharging' with India, other countries to rip global supply chains from China: Officials

The Trump administration is "turbocharging" an initiative to remove global industrial supply chains from China as it weighs new tariffs to punish Beijing for its handling of the coronavirus outbreak, according to officials familiar with US planning.

May 5, 2020

RIL employee pay-cut is bad news for Indian businesses

During this unprecedented pandemic, a multi-dollar company like Reliance Industries Limited doing pay cuts is indeed worrisome; other companies will follow the trend leaving thousands affected

Apr 30, 2020

India must act quickly and attract foreign companies exiting China

Once the COVID-19 situation stabilizes, India could be able to pull up economy through foreign investments as companies move out of China more hurriedly.

Apr 14, 2020

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