CATEGORIES

Profitability of polyester yarn firms to improve 100 bps next fiscal: Crisil

The improvement comes after a sharp decline of about 400 bps in operating profitability estimated for the current fiscal to about 7.5, on a high base of fiscal 2022, when decadal-high spreads had shored up profitability.

Mensa Brands' firms post over 100% growth since acquisition

The two companies, DLand Pebble among the 20-plus brands that Mensa has acquired in the last 21 months or so- became a part of the aggregator in October 2021 and June 2022, respectively.

Funding into startups dips by 38% to $598 mn in Feb

Deal volumes have fallen continuously since Q4CY21

GST refunds on shopping for foreign tourists on the anvil

Tax authorities hope for early implementation

Govt expects borrowing costs to moderate in FY24

Interest payments are budgeted to rise by 14.8% to ₹10.8 trillion in the FY24 Budget estimate.

PF interest rate likely to remain at about 8% this fiscal

Central Board of Trustees to meet on March 25-26

Finmin, RBI looking to boost greenium

Centre to raise part of its FY24 debt through green bonds

Influencers leverage follower count, turn brand owners

NATURAL PROGRESSION, SAY MARKETING EXPERTS

GQG may raise Adani stake; a long-term story, says Jain

Adani Group has been trying to shore up confidence in firms

Yulu to piggyback on Bajaj Auto for sales

Bike rental startup Yulu said it wants to take its business to the next level by getting into sales of electric two-wheelers with its existing partner Bajaj Auto.

Rate hike season may get longer

The Reserve Bank of India (RBI) is likely to continue with its razor-sharp focus on inflation and not pause the repo rate hike cycle in the April monetary policy committee meeting, a poll of economists conducted by FE showed.

Sebi raises bar, sends back IPO documents

To reduce approval timeline, it asks bankers to refile

'Govt Has Done Its Bit In Budget' - PM To India Inc: It's Your Turn To Invest

PRIME MINISTER NARENDRA MODI on Tuesday exhorted India Inc to enhance investments in the country in line with the government's decision to increase capital expenditure in Budget 2023-24.

China's Warning To US: Stop Suppression Or Risk 'Conflict'

THE UNITED STATES should change its "distorted" attitude towards China or "conflict and confrontation" will follow, China's foreign minister said on Tuesday, while defending its stance on the war in Ukraine and its close ties with Russia.

Govt plans overhaul of financial regulatory regime

CHINA PLANS TO strengthen oversight of its $60 trillion financial system by setting up an enlarged national regulator while taking some duties away from the central bank.

Weak global demand hits exports

CHINA'S EXPORTS FOR the January-February period fell, pointing to continued weakness in foreign demand and backing government concerns that a global slowdown will hamper the country's recovery from pandemic-era damage.

Ready to act against S Korea, US: Kim's sister

The influential sister of North Korea's leader warned on Tuesday that her country is ready to take \"quick, overwhelming action\" against the United States and South Korea, a day after the US flew a nuclear-capable B-52 bomber in a demonstration of strength against the North.

Imran Khan skips court hearing

FORMER PAKISTAN PREMIER Imran Khan missed a court hearing where he stands accused of failing to disclose money earned from selling state gifts he received when he was in power.

Sri Lanka debt plan gets China backing, paves way for bailout

CHINA HAS GIVEN assurances that it will support Sri Lanka's debt restructuring, potentially clearing the biggest hurdle for the South Asian nation to secure a $2.9 billion bailout from the International Monetary Fund.

Govt plans overhaul of financial regulatory regime

CHINA PLANS TO strengthen oversight of its $60 trillion financial system by setting up an enlarged national regulator while taking some duties away from the central bank.

SOURCING RAW MATERIALS, BATTERY PRODUCTION: EVS to raise India's reliance on China

GTRI report flags concerns over electric cars

Open access must for growth of submarine cable sector, says BIF

THE BROADBAND INDIA FORUM (BIF) on Tuesday pushed for open access to all interested companies in the submarine cable systems sector with minimum regulations for quality and reliable international connectivity at affordable costs.

Women on the rise at Indian wealth management firms

AT FINANCIAL SERVICES firms across the country, women have risen as a force to reckon with, and now, more than one-third of the workforce at wealth management firms is women, a far cry from five years ago. With women-centric financial products on the rise and the sector poised to grow in leaps and bounds, the hiring of the fairer sex is only slated to rise.

$1.9-bn Adani investment: GQG's Jain to meet investors in Australia

INVESTMENT FIRM GQG PARTNERS founder Rajiv Jain will meet clients and investors in Australia this week and will explain its investment into embattled conglomerate Adani Group, among other things, the company said on Tuesday.

Plan to build ethanol stock to meet E20 fuel demand

THE GOVERNMENT IS planning to create a carry over stock of ethanol for the next year anticipating a rise in demand for E20 fuel in the country, according to a senior food ministry official.

Govt accepts report on smart power transmission system

THE POWER MINISTRY on Tuesday said that the government has accepted a report of a task force or expert panel, which paves the way for modern and smart electricity transmission system in India.

India-UK FTA talks covered 11 areas in 7th round

THE SEVENTH ROUND of India-UK free trade agreement (FTA) talks concluded following technical discussions across 11 policy areas over 43 separate sessions between negotiators from both sides here last month, the British government has said. In an outcome statement released on Monday, the UK's department for business and trade did not give any further details on the policy areas covered, but confirmed that the eighth round of talks is due to take place in a few weeks'time.

Moody's Analytics: Slowdown temporary

Domestic economy, rather than trade, is India’s primary engine

Unicorns: Not yet a woman's world

ACCESS TO FUNDS CITED AS KEY HURDLE

Torrent moves SC against 2nd e-auction for RCap

TORRENT GROUP HAS moved the Supreme Court against an order of the National Company Law Appellate Tribunal (NCLAT) that permitted holding an extended auction for Reliance Capital, which is undergoing insolvency proceedings.