Qualified institutional placements (QIPs) witnessed a resilient growth in July so far, led by State Bank of India's (SBI) recent fundraise, taking the total QIP fundraising to a five-year high of over
Read MoreCategory: Business
Global brokerage firm Morgan Stanley has said that the Reserve Bank of India (RBI) is likely to go for one more rate cut of 25 basis points (bps) in its October policy meeting, even as inflation conti
Read More
Business
“I Regret Not Selling Earlier”: Chairman Slams Management Over Missed Opportunity To Offload Company Stakes
Dilip Piramal, Chairman of VIP Industries, said on Monday that his family's younger generation isn't interested in running the business. This came right after the company told stock exchanges that pro
Read More
Reliance Retail announced on Friday the acquisition of home appliances brand Kelvinator, marking a major step to strengthen its foothold in India’s rapidly growing consumer durables market. Kelvinator
Read More
State tax departments in Andhra Pradesh, Uttar Pradesh, Tamil Nadu, and Gujarat are now following Karnataka’s lead and asking UPI apps and payment companies to share yearly sales data of merchants. Th
Read MoreNITI Aayog, has reportedly suggested a big change to the current rules on Chinese investments, according to a Reuters report. Right now, any investment by a Chinese company in an Indian firm, no matte
Read More