The Clothing Manufacturers Association of India hopes that the Government’s decision to conduct a study to come up with a standard size for apparels sold in India will reduce production cost of textile companies.
The top five information technology companies by market capitalisation have returned over Rs 1.17 lakh crore to their shareholders through share buyback programmes and dividends from January 2017 to January 2019 so far.
On the heels of the RBI Governor Shaktikanta Das’ meeting with NBFC honchos, the Finance Industry Development Council (FIDC) has called for more favourable eligibility norms for NBFCs looking to avail MUDRA refinancing.
We believe, Indian Auto companies are likely to witness multiple challenges on growth and profitability front during Q3FY19. Growth challenges include weakness in overall consumer demand for overall auto products.
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