Declining demand may lead to layoffs, say TV manufacturers : Bulletin: Business Today
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Declining demand may lead to layoffs, say TV manufacturers

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Rashi Bisaria | March 18, 2021

Indian Railways identifies 87 land parcels, 84 railway colonies for asset monetisation

Indian Railways has identified 87 land parcels, 84 railway colonies, 4 hill railways and 3 stadiums for asset monetisation so far. In her Budget speech, Finance Minister Nirmala Sitharaman had said that the government will launch a 'National Monetization Pipeline' of potential brownfield infrastructure assets.

CBI files FIR against Cadbury India for illegally obtaining license for Himachal factory

The Central Bureau of Investigation (CBI) has conducted raids at the premises of Cadbury India Ltd in Haryana and Himachal, and also lodged an FIR against the company for alleged irregularities and corruption in obtaining licence for its HP factory in 2009-10. The raids were also conducted at the residential and official premises of officials in the two states.

78.27 lakh domestic air travellers in Feb; IndiGo carried most passengers, says DGCA

Around 78.27 lakh domestic passengers travelled by air in February 2021 which is 36.71 per cent lower than the corresponding period last year, Indian aviation regulator DGCA said on Wednesday. While IndiGo carried 42.38 lakh passengers in February, a 54.2 per cent share of the total domestic market, SpiceJet flew 9.62 lakh passengers which is 12.3 per cent share of the market

Declining demand may lead to layoffs, say TV manufacturers

Government's initiatives to fuel growth in local television manufacturing in India is posing challenges for home-grown manufacturers. The rising input cost has resulted in about a 40 per cent price hike in 32 inch and 40 inch LED TVs as compared to last year, resulting in a about 20 per cent downfall in terms of the demand for televisions.

Coronavirus spreading rapidly, focus on micro-containment zones: PM Modi tells CMs

Prime Minister Narendra Modi on Wednesday, asked chief ministers of all states and UTs (Union Territories) to take strict action needed to contain India's COVID-19 situation.Interacting with heads of states during a virtual meeting, PM Modi proposed micro-zoning of containment areas instead of imposing a general lockdown. The prime minister also asked heads of states to focus on scaling up testing and contact tracing to contain the spread of coronavirus.

Zomato row: Hitesha Chandranee allegedly flees Bengaluru after Kamaraj files FIR

Hitesha Chandranee, who accused Zomato delivery boy Kamaraj of attacking her has reportedly left Bengaluru. This came to light after cops contacted Chandranee for questioning following Kamaraj's counter-complaint. Meanwhile, the city police have assured that the investigation will continue. Hitesha has been charged with wrongful restraint, assault, intentional insult, and criminal intimidation based on a complaint by the Zomato delivery man Kamaraj.

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