‘Digitisation helped industries mitigate impact of pandemic’
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Industry experts discuss growth opportunities at CII seminar
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Industry experts discuss growth opportunities at CII seminar
The coronavirus posed a challenge to businesses by forcing them to go into prolonged lockdown, but they could survive the crisis through a calibrated approach. The industries could mitigate the impact of lockdowns by adopting digitisation on a scale that was not seen before, said B. Santhanam, CMD of Saint-Gobain India Private Limited.
Addressing a seminar on the theme ‘Embracing the new normal- Building resilience and emerging opportunities: lives, livelihood and growth’ organised by the Andhra Pradesh (AP) Chapter of the Confederation of Indian Industry (CII), here in virtual mode on Monday, Mr. Santhanam said digitisation has been increasingly adopted across the industry verticals to minimise the impact of lockdown and innovations has become vital in thes
The shareholding of Ravindra Sannareddy, the promoter of Hyderabad-based IT company Megasoft, has been reclassified under the public category after his stake reduced significantly following the merger
February 15, 2021
Positive consumer price index data, index of industrial production will boost market sentiment: Analysts
Nifty50 index is likely to open with a gap of 80 points gains on Monday, as trends emerge on SGX Nifty. The SGX Nifty is ruling at 15,240 against Nifty50 February futures’ Friday close of 15,161.
Positive consumer price index data and index of industrial production will also boost market sentiment, said analysts. The IIP is also giving broad indications of a rebound in economic activity with the reading for December 20 at 1 per cent against negative 2.10 per cent for November 20. What is significant is the pick-up in both consumer durables and non-durables as also infra goods.
The shares of Havells India Limited gained over 2 per cent during the morning trade on Monday after the company had announced its plans to set up a new manufacturing facility. At 12:20 am, Havells was
Havells India announced that the company is planning to set-up a new facility to manufacture Air conditioners at
Sri City, Chittoor District in the state of Andhra Pradesh with an estimated investment of
Rs 250 crore and an annual capacity of 5.6 lakh units.
This is in addition to the existing
facility of Air Conditioners which are being manufactured at the Company s plant situated
at Ghiloth, Rajasthan.
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