India’s top passenger vehicle makers plan to start expanding capacities as lockdown is relaxed on hopes that sales will start to recover as Covid-19 count begins to decline and states start unlocking slowly, stated the...
Several high net-worth individuals (HNI) and promoters have started the process of moving out their businesses and families to the United Arab Emirates (UAE), Singapore, and the United Kingdom even as the second Covid wave shows signs of subsiding...
India’s merchandise exports hit 7.71 billion US dollars in the first week of June, raising expectations that they will remain buoyant for the fourth month in a row. Exports have remained above $30 billion for three consecutive months...
India is now one of the few economies in the world to have had positive year-on-year growth in the previous two quarters, as the country's GDP increased by 1.6 percent in the January-March quarter of fiscal 2021. According to the Department of...
Mutual fund investors continued to pump money into equity schemes, lifting stock markets to record highs, despite the challenges triggered by the second wave of the pandemic. Net inflows into equity mutual fund schemes raced to a 14-month high...
The prospect of an Initial Public Offering, or IPO, has sparked a lot of interest among investors. IPOs appeal to investors because they are based on the principle of 'buy low, sell high'. Investors commonly believe that stock prices...
Competition in the hyperlocal field has been growing as the pandemic has led to a rush of customers to online commerce. Tata Digital, a unit of Tata Sons Ltd, has begun talks to buy close to a controlling stake in hyperlocal delivery startup...
Even as its recovery is hampered by an extraordinary second wave of the COVID-19, the world's greatest epidemic since the fatal pandemic began, the World Bank forecast India's GDP to grow at 8.3% in 2021 and 7.5 percent in 2022, according...
India’s Paytm is asking employees to decide whether they want to sell its shares in the digital payments pioneer’s planned initial public offering, taking another step toward what could be the country’s largest stock market debut...
The Mumbai bench of the National Company Law Tribunal (NCLT) has approved the Vedanta Group's Twin Star Technologies' resolution plan for beleaguered Videocon Industries Ltd. As per the resolution plan, Twin Star Technologies will pay Rs...
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