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Myanmar
Mega seeks home, Myanmar growth
SET-listed Mega Lifesciences Plc, the pharmaceutical and herbal medicine manufacturer, will allocate 820 million baht to expand its business in Thailand and Myanmar this year in search of long-term sustainable growth.
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India
PM Narendra Modi's 'Make in India' is a success: Moody's
Rating agency Moody’s has said that net foreign direct investment (FDI) inflows have hit an all-time high of $3.0 billion on a 12-month moving average basis in early 2016, highlighting success of PM Modi’s 'Make in India’ initiative. The FDI inflows have more than financed the current account deficit.
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India
Sensex extends losses, down 176 pts in late morning trade
Mumbai, Apr 7 () The benchmark BSE Sensex extended losses in the late morning deals and was trading lower by 176 points following sustained selling in consumer durables, banking, IT, auto, FMCG, teck and telecom sectors. Sensex resumed higher at 24,998.79 and moved in a range of 25,013.
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India
Karnataka ban on plastic use stumps quick service restaurants
The state’s ban on serving and packing fresh food in plastic containers, effective April 1, means popular eating out and coffee chains including Café Coffee Day, McDonald’s and KFC have to change their packaging strategy overnight.
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Cina India
NITI Aayog moots tax breaks for electronics manufacturing
In a new policy paper on electronics manufacturing, NITI Aayog has suggested that with a policy shift, India is poised to make a dent in the global market with high input costs in China but warns that this is ‘perhaps India’s last such opportunity’.
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India USA
Rupee gains 14 paise against USD in early trade
The rupee strengthened by 14 paise to 66.52 against the US dollar in early trade on fresh selling of the American currency by exporters. Besides, the dollar's weakness against some currencies overseas supported the rupee, dealers said.
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India
Sensex down 92 points in early trade on Asian cues
The benchmark BSE Sensex fell over 92 points and the NSE Nifty dipped below the 7,600-mark in early trade on selling in auto, FMCG, banking, capital goods and consumer durables stocks. NSE Nifty broke below the 7,600-mark by falling 22.55 points or 0.30 per cent to 7,591.80.
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India
Tata drives in Tiago mini for Rs 3.2 lakh
Tata Motors drove in 'Tiago' hatchback with an aggressive entry price of Rs 3.2 lakh (ex-showroom Delhi) as it looks to turn around its sales performance. Tiago will compete with models such as Hyundai i10, Maruti WagonR and Ford Figo.
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India
'Indian cos comply with corporate, securities laws'
Of these, only 128 companies (or 28%) had qualified secretarial audit reports, according to a report brought out by CimplyFive, a research and tech-solution company operating in the corporate laws space.
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India Regno Unito
Tata Steel's UK unit sale process begins on Monday
Tata Steel will begin the formal process to sell its UK units by Monday (April 11), British business minister Sajid Javid tweeted after a two-hour meeting with the company's chairman Cyrus Mistry at Bombay House, the Tata Group's headquarters, on Wednesday.