Newsletter

India’s GDP bettered expectations beyond the normal as the Q3 GDP estimate came in at 8.4% while the full year GDP estimates for FY24 came in at 7.6%. In the...

It looks like the central government is going to exceed its target for asset monetization substantially in the next fiscal year FY25. Having cut its teeth and built up pipelines,...

Walt Disney and Reliance Industries signed a binding agreement to merge their media operations in India. The deal assumes significance in the light of the Sony-Zee deal falling through. Reliance...

Bajaj Allianz Life has entered into an agreement with Satin Creditcare for extending insurance inclusion to the rural areas. Now, customers of Satin Creditcare can get loans with customised insurance...

Large Indian corporates may soon have an out-of-court insolvency resolution process. This can happen by informal discussions among stakeholders, without inviting any bids. This scheme will involve minimal level of...

India has initiated anti-dumping probe into imports of solar glass from China and Vietnam. The probe is being conducted by Directorate General of Trade Remedies (DGTR), an arm of Ministry...

Vedanta Resources, the UK based holding company of Anil Agarwal group, will sell about $1 billion worth of shares to GQG Partners via block deals. To refresh memories, GQG is...

Trade data for January 2024 came in better than expected as the Red Sea crisis had limited impact. Exports were lower on a MOM basis, but imports also fell resulting...

The Ministry of Defence has awarded a Rs2,269 crore deal with Bharat Electronics Limited (BEL) for the procurement of 11 Shakti warfare systems. This comes along with support equipment. These...

India’s virtual coal mining monopoly, Coal India Ltd, announced a 16.9% growth in net profits for Q3FY24 at Rs9,069.19 crore. This compares favourably with the net profits of Rs7,755.55 crore...