Companies

CEO’s Reading List - May 30

| Updated on May 30, 2020 Published on May 30, 2020

Missed all the action on the economy this week? Catch up with this curated reading list of BL’s most interesting stories.

Already sluggish

The economy was wilting before the lockdown, latest data shows.

https://www.thehindubusinessline.com/economy/growth-pangs-q4-gdp-growth-slows-to-31-fy20-clocks-42/article31705028.ece?utm_source=udmprecommendation_economy&utm_medium=rightbar&transactionId=c7T6vCPb9XqBEIfpXG8u8C2zzqWLLurd

Real deficit

The fiscal deficit for FY20 is 4.6%, says the CGA.

https://www.thehindubusinessline.com/economy/fiscal-deficit-for-2019-20-at-46/article31704950.ece

PPE success

Can a Rs 10000 crore industry pop up in two months? Here’s how it did!

https://www.thehindubusinessline.com/economy/how-the-10000-crore-ppe-industry-popped-up-in-two-months/article31692099.ece?utm_source=udmprecommendation_economy&utm_medium=rightbar&transactionId=p5hiCYhktx89TsINtwJv9wwPlRFs8LIj

Slippery slope

The auto industry is set for double digit contraction this fiscal.

https://www.thehindubusinessline.com/economy/logistics/lockdown-woes-automobile-industry-staring-at-double-digit-sales-decline-this-fiscal-says-crisil/article31697153.ece?utm_source=udmprecommendation_policy&utm_medium=rightbar&transactionId=UQ1xzyKbErHVe3uiUh8cYM1MKWvFJXNr

More for discoms

Discom reforms are making progress

https://www.thehindubusinessline.com/economy/power-ministry-prepares-3-lakh-crore-scheme-for-discom-reforms/article31704217.ece

On the fast track

MCA is open to allowing more companies to effect fast-track mergers

https://www.thehindubusinessline.com/economy/policy/fast-track-mergers-mca-keen-to-extend-facility-to-more-classes-of-companies/article31669393.ece

No GST hike

The Centre isn’t planning to peg up GST for non-essential items or monetising the deficit

https://www.thehindubusinessline.com/economy/gst-hike-in-non-essential-items-completely-ruled-out/article31704816.ece

Seeking seats

The SC will hear a petition for representation of the Shapoorji Pallonji group on Tata Boards.

https://www.thehindubusinessline.com/companies/apex-court-to-hear-mistrys-plea-for-seat-on-tata-sons-board/article31704000.ece

Red carpet

Marriot is using hefty discounts to woo back customers.

https://www.thehindubusinessline.com/companies/marriott-international-prepares-to-welcome-guests-with-save-now-stay-later-limited-time-offer/article31702444.ece

Inward bound

FDI was going strong in FY20

https://www.thehindubusinessline.com/economy/macro-economy/fdi-into-india-increased-18-per-cent-to-73-billion-in-2019-20/article31700761.ece

Uninterrupted!

Here’s one thing immune to the lockdown:

https://www.thehindubusinessline.com/economy/telecom-services-unaffected-by-lockdown-in-may-coai/article31704549.ece

Compiled by Aarati Krishnan

Published on May 30, 2020
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