It may not be a broad trend in most industries. However, several consumer oriented sectors like textiles and leather are reporting a slowing of export orders as inventories pile up at export destinations. Supply chain bottlenecks and weak demand amid

Two of the largest non-banking finance companies (NBFCs) based out of South India, Shriram Transport Finance Company (STFC) and Shriram City Union Finance (SCUF) announced they had secured the approval of STFC shareholders and STFC creditors for the

In the last few months, Reliance Retail has been trying to expand its distribution and retail franchise by offering an outlet for marquee brands. It has already tied up with marquee designer labels like Neeta Lulla, Manish Malhotra etc. In its latest

The Indian stock market has been consolidating after a heavy selloff a few weeks ago. But there are many stocks that are potentially in the oversold zone given their positions on the technical charts. We considered the Money Flow In

The Indian stock market has been consolidating for the last one month after sinking nearly 15% from its peak that it failed to breach early this year. The benchmark indices declined 0.2% on Tuesday, but bounced back on Wednesday and Thursday. Inve

The rupee is on a free fall in the last few days. When the year 2022 started, the rupee was around 73.50/$. Things took a turn for the worse after the Russia Ukraine war started and the price of oil started shooting up. Normally, a sharp fall in the

Tata Steel Long Products Ltd, a unit of Tata Steel, has officially completed the acquisition of state-owned Neelachal Ispat Nigam Ltd. This was one of the companies identified by the government as a candidate for divestment and Tata Steel had won the

It is no secret that the Tata Nexon virtually dominates the sales of electrical vehicles (EVs) in India. Albeit on a small base, but the growth in EV sales by Tata Motors has been phenomenal. In the recently concluded FY22, Tata Motors saw the sales

Just a couple of days after the merger of HDFC Bank and HDFC Ltd was given the no objection certificate by the BSE and the NSE, the nodal regulator RBI has also cleared the merger proposal. It was expected that the RBI may pose objections to the fact

When Zomato recently took over Blinkit, the biggest objection to the deal was that a loss making company was acquiring another loss making company and the result would only be more losses. The other objection was that Quick Commerce (what Blinkit spe

RBI has made tokenization of cards mandatory for recurring payments. While this was to go live on 01st of July, the effective date has bene postponed by 3 months. However, most banks have already started the process of tokenizing recurring payments.

In a move to force upstream oil companies to share part of the largesse amidst rising crude prices, the government imposed a windfall tax on all refiners, including SEZ refineries, on the export of diesel, petrol and ATF. In addition, the government