Newsletter

Vodafone Idea opted for the 4-year moratorium to clear Adjusted Gross Revenue or AGR dues, offered to telecom companies by the government as part of the Telecom Relief Package. Vodafone...

Adani Group plans to invest $50-70 billion in the renewable energy value chain. This will happen over the next 10 years, as announced by Gautam Adani in the side-lines of...

The NCLT Mumbai Bench has allowed Reliance to go ahead and seek creditors’ nod for the proposed deal between Reliance Retail and the Future group. NCLT has set aside objections...

Gold imports for the first six months of FY22 surged to $24 billion compared to just $6.8 billion in first half of FY21. In the month of September 2021 alone,...

Infosys raised its revenue growth guidance for FY22 to 16.5-17.5%, nearly 150 bps higher at the upper end. For the Sep-21 quarter, Infosys reported 11.7% growth in net profits at...

Retail inflation for the month of Sep-21 fell to a 5-month low of 4.35%. Inflation has now fallen by nearly 200 bps since its May peak. Food inflation was sharply...

A day after the Government issued the Letter of Intent to Tata Sons for Air India acquisition, the board of Tata Sons will meet on Tuesday to discuss fund raising...

Reliance Industries announced the acquisition of 40% in Sterling & Wilson Solar for Rs.2,850 crore. SWSL is owned by Shapoorji Pallonji group. The deal will be done by Reliance New...

Rating agency, Fitch, cut its FY22 India growth forecast from 10% to 8.7%. They cited the long-term impact of COVID 2.0 as a key reason which would back-end growth. However,...

To give a boost to telecom, the government announced a slew of reforms. It allowed 100% FDI in telecom sector through automatic route to promote ease of doing business in...