At a specially-convened meeting in the telecom department headquarters, finance ministry officials said any concession on payment of penalty would “set a wrong precedent and lead to similar demands” from other sectors, sources told TOI. A full meeting of the multi-ministry digital communications commission is likely on Monday. Source link

The government is going to seek a relaxation in rules for classification of bank loans to a certain set of companies as a “sub-standard” asset, citing difficulties faced by them. These entities are engaged in export and import, or are those that depend on raw materials and inputs, from China where businesses have been impacted

NPA relief likely for cos hit by coronavirusRead More »

US President Donald Trump will meet executives of large Indian companies with interests in the United States as he looks to drum up investments during his visit to New Delhi this month. Some executives expected to attend include Indian oil & gas company Reliance Industries, diversified group Tata Sons and auto sector companies such as

Trump to woo executives of Indian cos during visitRead More »

The perennially high demand for sales talent has made these jobs ‘recession-proof’. Earlier, salespeople were largely rotating between traditional industries like banking, financial services & insurance, FMCG and pharmaceuticals companies every year or two. However, today, a significant chunk is said to be moving out of traditional jobs to operate in gig roles. Source link