Last shutter down, iconic Atlas Cycles pedals out of business

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THE ECONOMIC TIMESDaily Newsletter Fri, Jun 05, 2020 | 05:57 PM IST

#Coronavirus#EconomyTracker#Whatsbuzzing

Top stories of the day Last shutter down, iconic Atlas Cycles pedals out of business Atlas Cycles shut the Sahibabad factory, its last manufacturing unit in the country, on June 3.... HDFC weighs partial stake sale to raise up to $1 billion Banks to install contactless ATMs to cut down on touch Google Tax: Government re-thinking equalisation levy Sun Pharma testing plant-based drug for Covid 19 Reserve Bank sets up a Rs.500 crore digital payments infra fund Manufacturers shift focus towards Covid-safe products Rs 15,000 cr investments likely in phone manufacturing in next 2 years

Debate This Can India do without China in a post-Covid world? India has again found itself in an eyeball-to-eyeball confrontation with China. The new standoff comes at a time when India was hoping to make some inroads into Chinese dominance of global supply chains in a post-Covid world. But with its own domestic markets flooded with Chinese products, and a high dependency on Chinese imports to run its own factories, can India afford to antagonise its giant neighbour?

SENSEX 34287.24 306.54 NIFTY 50 10142.15 113.05 USD/INR 75.58 0.01

Top Gainers NSE 24 companies (largecap) appreciated more than 5% Tata Motors 12.44% Tata Motors (dvr) 11.39% More from Gainers Top Losers NSE 2 companies (largecap) price decreased more than -3% SRF -3.89% IGL -3.17% More from Losers

More From our Partners Meet woman bosses who are revolutionising start-up ecosystem Reforming the pet-care industry in India and making citizens' voices heard on laws and regulations, Devanshi Shah and Antaraa Vasudev are revolutionising the start-up ecosystem.

Jio vs Airtel: Asia's richest man takes on the comeback kid after wireless war Ambani's Jio knocked Airtel off its perch in the world's second-biggest wireless market by users. ... India witnesses another fresh peak in daily Covid count Google's European search menu draws antitrust gaze America's DFC to invest $350 million in India The pandemic may give India a new Unicorn Abu Dhabi's Mubadala to invest $1.2 billion in Jio Platforms India's China standoff shows risks of getting too close to Trump SBI's Q4 profit jumps four-fold, exceeds Street estimates Bharti Airtel shares may double in three years, says Jefferies Auto industry may fall out of gear this fiscal How does a bank pay its depositors when borrowers don't? Deadly Pakistan jet crash puts PIA's toxic culture in spotlight

More From our Partners This is how advertisers are engaging new-age users online

Top Slideshow Amid virus, people in Dharavi help each other Top Video EAM on India's UNSC campaign

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