September 2020 (Page 2)


Defence Minister Rajnath Singh on Monday unveiled the new Procedure of 2020 (DAP 2020), which will govern the procurement of defence equipment from the capital budget. It will supersede the Defence Procurement Procedure of 2016 from October 1.


Taking its cue from the prime minister’s Atmanirbhar Abhiyan (self-reliance campaign), DAP 2020 reserves several procurement categories for indigenous firms. “The categories of Buy (Indian designed, developed and manufactured), Make I, Make II… and SP model will be exclusively reserved for Indian vendors…,” stated the MoD on Monday.



DAP 2020 defines an “Indian vendor” as a company that is owned and controlled by resident Indian citizens, with foreign direct investment (FDI) not more than 49 per cent.


The new policy introduces a significant new procurement category called “Buy (Global–Manufacture in India).” This stipulates indigenisation of at least 50 per

The recovery of assets would help in meeting the obligations of clients, stock exchanges, and clearing corporations, Sebi said in a circular

Topics
Sebi | Clearing corporations | defaulters


regulator Securities and Exchange Board of India (Sebi) on Monday asked exchanges and to initiate measures for liquidating assets of defaulter members within six months of declaring the entities concerned as


The watchdog has directed that required measures have to be taken before the appropriate court of law to liquidate moveable and immoveable assets that are not in possession of stock exchanges and



The recovery of assets would help in meeting the obligations of clients, stock exchanges, and clearing corporations, said in a circular.


A recognised stock exchange acts as a first-level regulator in the securities market, in so far as trading

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Every entrepreneur should know how to navigate the digital landscape. With so many customers shopping online today, you can’t overlook opportunities to turn browsers into buyers. Digital advertising and marketing are crucial for any entrepreneurial outfit, but they’ve also become more competitive and challenging than ever. The market is flooded with brands trying to reach customers, which means you have to know how to cut through the noise to reach your best leads. The Digital

When you give back or align your brand with helping the world, people notice.


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Having a greater cause behind your matters — not just for consumer of what your brand does, but for your ability to do good in the world. A social impact edge isn’t for every company, but when you give back or align your brand with helping the world, people notice. Research from Zeno’s 2020 Strength of Purpose reported that when consumers perceive that a brand or company has a strong purpose, they are six times more likely to defend or protect the company if there’s ever a misstep. They’re 4.5 times more likely to recommend it to their friends and family and become a champion behind it. 

But despite this research, Carole Cone on Purpose shared that only 24 percent


Wheat


is trading at Rs 1,786 per quintal in Delhi. The prices is expected to trade lower towards Rs 1,700 per quintal in a couple of weeks following record stocks across the value chain and subdued demand in the open market.



Soybean


Soybean is trading at Rs 3,908 per quintal at the benchmark Indore For the week ahead, the price is expected to see mildly bearish trend amid pressure because of new crop arrival. The price is expected to head towards Rs 3,860-3850 per quintal.


Prerana Desai, Research head, Edelweiss Agri Services and Credit

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Free Book Preview Ultimate Guide to Social Media Marketing

This book takes readers through a 360-degree perspective of social media marketing in businesses.


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