While acknowledging the upside of privatisation, the industry called for an effective implementation of road map towards privatisation and asset monetisation, cautioning that regulatory and legal hurdles should not derail the process

Economists, CEOs, consultants, sector specialists interpret Nirmala Sitharaman's 'Never-before' Budget

While the government has maintained for long it does not wish to be in business in sectors that are not of strategic importance, its track record of disinvestment is patchy at best

The union budget is set to be announced on February 1 amid expectations of corporates and Indian citizens. Indian economy witnessed a setback during last year, with the coronavirus pandemic raging and lockdowns in place across the country. The new budget is expected to revive the economy and get industries back to the pre-COVID levels. How can the new budget contribute to the economy getting back on track?. Uday Shankar, President, FICCI, Dr Sangita Reddy, Joint Managing Director, Apollo Hospitals, Rashesh Shah, Chairman and CEO, Edelweiss Group, Naina Lal Kidwai, Ex-President, FICCI discuss expectations with India Today.Also Read: Rebooting Economy 63: Budgeting FY22 with critical information gaps

While the urgent requirement is to revive demand and consumption, measures for improving India's competitiveness are important for long-term sustainability and economic prosperity

The Walt Disney Company had recently said Shankar will step down as President of its Asia Pacific business and Chairman of Star and Disney India with effect from December 31, 2020

Shankar will be succeeding Sangita Reddy, President, FICCI, and Joint Managing Director, Apollo Hospitals Group during FICCI's 93rd Annual General Meeting (AGM) scheduled to be held on December 11,12 and 14, 2020

There is more to the exits at Disney-Star. Apart from the studio exits, there have been four high profile exits in the company's sports business too

Senior industry sources confirm that The Walt Disney Company is planning to write-off its studio unit in India - Fox Star Studios - as it does not see value in the business

Uday Shankar has also quit as The Walt Disney Company APAC president. Over next three months, he will work closely with Rebecca Campbell, chairman of Disney's Direct-to-Consumer and International segment, to identify his successor to ensure a smooth transition

Disney+ Hotstar has also partnered with Reliance Jio and Bharti Airtel to make it easier to subscribe to its annual plans

Despite an ambitious target, public expenditure on infrastructure - the only functional engine of the economy - is dwindling. That spells bad news for economic recovery

At the time of the incident, around 30 people were reportedly working at the pharma company. After the leak, six workers collapsed, resulting in the death of two of them

Disney+Hotstar announced the launch of Disney+Hotstar Multiplex where it would enable its viewers to watch first day, first show of films

Maharashtra Containment Zones Full List: According to sources, no activities will be allowed lockdwon containment zones in Mumbai, Pune and Thane red zones

Industry leaders spoke to India Today TV about how the government planned to revive the economy post lockdown. Among the speakers were President of the Walt Disney Company (APAC) and Chairman of Star & Disney India, Uday Shankar, Chairman and CEO of the Edelweiss Group, Rashesh Shah, Founder and CEO of Kinetic Green Energy and Power Solutions, Sulajja Firodia Motwani along with Vice Chairman and MD of JK Paper and Director of JK Organisation Harsh Pati Singhania, former Country Head HSBC and former FICCI president Naina Lal Kidwai and Joint MD of Apollo Hospitals Group and President of FICCI Dr Sangita Reddy. The country has been in a state of nationwide lockdown first enforced on March 25 till April 14, later extended to May 4 and now pushed further to May 17 with relaxations on restrictions for some industries. The scale of the economic impact of this crisis is yet to be ascertained. Watch the video for more.Also Read: Coronavirus outbreak: Wipro to convert Pune facility into 450-bed COVID-19 hospital

Addressing a meeting of office-bearers of the Indian Broadcasting Foundation (IBF) on Friday, Javadekar said he would discuss changes to the tariff order with the Telecom Regulatory Authority of India (Trai) and its recommendations to rating agency BARC India.

The much-awaited streaming platform Disney+ will finally arrive in India on April 3. Disney+ was earlier scheduled to launch in India on March 29 but due to the coronavirus pandemic, the launch was delayed.

Prime Minister Narendra Modi has announced the creation of the emergency relief fund where people can contribute and help in the government's fight against coronavirus

Maharashtra cabinet expansion: The delay in the Maharashtra government formation was due to a dispute over sharing the portfolios in the Maha Vikas Aghadi (NCP-Shiv Sena-Congress alliance)