Newsletter

TCS may have flattered on the top line and disappointed on the bottom line in Q1FY23. However, it looks like TCS will now rely a lot more on the US...

Tata Sons chairman N Chandrasekaran confirmed that Tata Power will spend Rs75,000 crore to expand its renewable energy capacity in next 5 years. Tata Power will spend Rs10,000 crore in...

The government directed edible oil manufacturers to cut MRP of imported cooking oils by up to Rs10 per litre in next one week. India currently imports more than 60% of...

Moody’s estimates, that the windfall tax on domestic crude oil output and fuel exports would generate around Rs94,080 crore for the government. However, it would trim profits of upstream oil...

According to preliminary data released by the Ministry of Commerce, India's merchandise exports for June 2022 was up 17% at $37.94 billion. However, with merchandise imports at $63.58 billion, the...

The proposal to merge HDFC and HDFC Bank has been approved by the NSE and the BSE. This NOC is the first step and other approvals from the RBI, SEBI,...

For the period to March 2022, India’s external debt rose by $47.1 billion to $620.7 billion. However, if you compare in terms of external debt as a percentage of GDP,...

In a major succession move, Mukesh Ambani stepped down as director of Reliance Jio Infocomm, handing over the reins to son Akash. The board had already approved the appointment. The...

With rising global bonds having made foreign borrowings more expensive, Vedanta may fall back upon LIC to fund it to the tune of Rs4,809 crore. It is likely to be...

Exports of finished steel could see a sharp fall of 40% in FY23, due to the export duties imposed. In FY21, the export of finished steel was at a record...