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The recently unveiled import restrictions on laptops, tablets, all-in-one-personal computers, ultra-small factor computers and servers will also apply to shipments from countries and blocs with which India has free trade agreements (FTAs) such as Japan, South Korea and Asean.

ICICI Bank has termed a ₹1,730 crore loan that turned bad after the Videocon Group failed to repay it as a “business loss”, not a “wrongful loss” as made out by the Central Bureau of Investigation in its corruption case against the lender’s former chief, Chanda Kochhar.

Forty-four companies, including top brands, have already applied for incentives under the production-linked incentive (PLI) scheme for IT hardware manufacturing, a top government official said.

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