New Delhi, May 24 (PTI) Following are the top business stories at 1900 hours: DEL22 BIZ-VIRUS-INDUSTRY-THAKUR Take advantage of govt initiatives and step up investment: Thakur to India Inc New Delhi: Minister of State for Finance Anurag Thakur has exhorted India Inc to take advantage of the recent government initiatives and step up investments to make the country ''Atmanirbhar Bharat''.
DEL17 BIZ-NITIAAYOG-KUMAR Reforms do not mean complete abolition of labour laws, says Rajiv Kumar New Delhi: Amid concerns over changes in labour laws in various states, Niti Aayog Vice Chairman Rajiv Kumar on Sunday said reforms do not mean complete abolition of labour laws and that the central government is committed to protecting the interests of workers.
DCM3 BIZ-FPI-INFLOW FPIs invest Rs 9k cr in May so far on attractive valuations, HUL block deal New Delhi: Reversing their selling trend, foreign investors have infused over Rs 9,000 crore into the Indian equity markets in May so far amid attractive valuations of stocks and a mega block deal involving HUL.
DEL30 AVI-VIRUS-PILOTS Lack of clarity over quarantine requirements bother many pilots New Delhi: Domestic airlines might be resuming services on Monday after being grounded for two months but scores of pilots and first officers seem to be concerned over lack of clarity on quarantine requirements for them.
BIZ-RELIANCE-PENALTY Reliance estimates USD 200-400 mn liability in KG-D6 cost recovery dispute New Delhi: Reliance Industries has estimated a maximum liability of USD 400 million (Rs 3,000 crore) in its nine-year old dispute with the government over alleged under-utilisation of capacity at the KG-D6 field due to failure to comply with an approved investment plan.
DCM10 BIZ-TRAI-TELCOS-FLOOR PRICE Telcos approach Trai seeking early decision on floor price issue New Delhi: Telecom players have urged regulator Trai to move forward quickly on the issue of fixing floor price for tariffs, saying the matter is imperative to ensure that the sector is sustainable and in a position to bear the deferred spectrum and AGR dues.
DCM27 BIZ-PARLE-WORKFORCE Allow higher workforce for factories in green, amber zones to meet rising demand: Parle Products New Delhi: Restrictions on number of workers in factories located in green and amber zones, specially for food products companies, need to be relaxed as meeting demand will become difficult and can lead to scarcity, according to a senior official of biscuits major Parle Products.
DCM29 BIZ-TCS-US-HIRING Hired over 20,000 employees in US in last 5 years: TCS New Delhi: India's largest software services firm Tata Consultancy Services (TCS) has hired over 20,000 employees in the US over the last five years, which has reduced its work visa dependency and de-risked business significantly.
DCM23 BIZ-VIRUS-COMPETITION CII Tread with caution to ensure compliance with competition law: CII tells cos amid COVID-19 crisis New Delhi: At a time when coronavirus pandemic has disrupted economic activities, industry body CII on Sunday said companies must tread with caution when looking for business collaborations to ensure that their activities do not violate competition norms. PTI RVK