Thursday, April 1, 2021

White-goods makers seek cheap land parcels to expand manufacturing under PLI scheme

White-goods makers seek cheap land parcels to expand manufacturing under PLI scheme Appliance makers want real estate to be offered at subsidised rates so that they can set up new manufacturing facilities under the production-linked incentive scheme. The India business head of a global appliance maker told Moneycontrol that about 70 percent of the costs involved in setting up a manufacturing unit pertain to acquiring land

from Moneycontrol Business News https://ift.tt/3fzxTX1

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D-St surges 1% on reports govt to cut tax on foreign bond bets

Indian stock markets surged on Thursday. The Nifty and Sensex saw significant gains. This rise was driven by reports of a potential tax cut ...