In 1987, when Suzuki increased its shareholding in Maruti to 40 per cent, it proved to be a big turning point. How? This led to the gradual development of the domestic auto ancillary ecosystem in the country; The operational details, shared with the CEOs of pharma companies indicate that PLI scheme meant to make India Atma Nirhbar will run parallel to existing imports of raw materials; Government's stimulus measures turned out to be a blessing in disguise for Kishore Biyani, the father of India's modern retailing; Read for more top stories from the world of business and economy:
What is more interesting is that the incentive - reimbursement of 10 to 20 per cent of the net incremental sales turnover for the first four years, depending on the category you fall - will be calculated only on the revenue earned from domestic sales with a ceiling on the quantity that can be sold.
According to rating agency ICRA, the debt of Future Group's six listed firms increased to Rs 12,778 crore as of September 2019 from Rs 11,463 crore in March 2019.
The exports fell 36.5 per cent and imports fell 51 per cent in the month, the data showed.
The state-run lender has filed an application in the National Company Law Tribunal (NCLT) to recover the amount from Ambani under the personal guarantee clause of the bankruptcy law.