Indian Capital Goods Industry

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  Indian Retail: A Nearly $900 Billion Market Dominated By Mom-And-Pop Stores

  Most of India's grocery retail happens at kiranas - small- and mid-sized mom-and-pop outlets which account for 75-78 per cent of the consumer goods market, Ambit Capital estimates

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  Sensex Crosses 39,000 For First Time, Hits Record High, Nifty Over 11,700

  The S&P BSE Sensex extended gains and surged over 400 points to a fresh record high on Monday, led by buying interest in metal, PSU banks, auto and capital goods shares. The S&P BSE Sensex rose as much as 1.04 per cent or 405.74 points to record high 39,078.65 and the NSE Nifty 50 Index climbed 0.89 per cent or 104 points to hit an intraday high of...

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  Four Centres Of Excellence Have Been Approved In Indian Capital Goods Industry, Says Centre

  The Department of Heavy Industry has approved four Centres of Excellence (CoE) in the fields of Textile Machinery, Machine Tools, Welding Technology and Smart pumps under the Scheme for enhancement of competitiveness in the Indian Capital Goods Industry, says the Union government.

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  Ind AS To Induce Fluctuations In Financial Statements: Crisil

  Capital goods and infrastructure are among the sectors that are likely to be most impacted by a switch to the new Indian Accounting Standards (Ind AS), expected to induce volatility in corporate financial statements, says a Crisil report.

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  IIM-Calcutta Final Placement Attracts Big Employers in Finance, E-Commerce

  Indian Institute of Management- Calcutta (IIM-C), which achieved 100 per cent final placements for the 2013-15 batch in just two and half days, has witnessed good demand from e-commerce industry this year.

• Inverted customs duty making Indian manufacturing goods uncompetitive: report

  Under the inverted duty structure, finished goods are taxed at lower rates than raw material. In its submission to the government, Ficci has said that nine manufacturing sectors have reported duty inversion, which includes aluminium products, capital goods, cement, chemicals, electronics, paper, steel, textiles and tyres.

• Government says scheme for capital goods sector on the anvil

  Amidst Indias widening trade and current account deficits, the government is formulating a scheme to encourage technological acquisition and R&D activities in the capital goods sector to help reduce dependence on imports of such goods.

• India January industrial output subdued: survey

  India's industrial output probably edged higher in January but remained subdued as an increase in production of consumer goods was offset by declines in the capital goods and mining sectors, a Reuters poll showed. A survey of 25 economists this week showed they expected Indian industrial production (IIP) to have grown by a median 2.1 percent in Jan...

• Industrial output likely subdued in January

  India's industrial output probably edged higher in January but remained subdued as an increase in production of consumer goods was offset by declines in the capital goods and mining sectors, a Reuters poll showed. A survey of 25 economists this week showed they expected Indian industrial production (IIP) to have grown by a median 2.1 per cent in Ja...