India may revise its stake sale in BPCL lower and sell just about 20-25% stake instead of selling its entire 52.98% stake in BPCL. The
Read MoreThe decision by Holcim to sell its India business to Adani family will not attract capital gains tax. The deal is being routed through an
Read MoreThe battle for the stake in Gujarat Ambuja has finally been sealed with Adani group emerging the winner. Adani will pay $10.5 billion or Rs.81,300
Read MoreFor the month of March 2022, the IIP grew 1.9%, compared to 1.7% in February 2022. Manufacturing growth was still weak at 0.9%. This marks
Read MoreRBI is reportedly planning to raise its inflation projections and also trigger a series of rate hikes, which could be announced in the June 2022
Read MoreThe month of Apr-22 saw a resurgence in flows into debt funds but equity fund flows tapered to Rs.15,890 crore, as investors became cautious amidst
Read MoreIt was a sharp slump for the Indian rupee as it touched a new all-time low of 77.50/$. The rupee fell by 60 paisa as
Read MoreThe ten most valuable companies in India by market cap saw value erosion of Rs.285,252 crore during the week, with Reliance the worst hit. Reliance
Read MoreNitin Gadkari, the ubiquitous Minister for Road Transport and Highways, has promised a record 18,000 KM of highways in FY23 at the rate of 50
Read MoreTata Steel reported bumper net profits of Rs.9,835 crore for Mar-22 quarter; yoy growth of 37%. Profits were largely driven by other income. Sales revenues
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