Operating margins of sugar millers could improve by 300-400 basis points (bps) in sugar season (SS) 2019 (October 1, 2018, to September 30, 2019) following a ~7% increase in... Read more »
Governor of Reserve Bank of India Shantikanta Das said that he would meet top officials of state-run and private sector banks by the end of this month. They will... Read more »
Million dollar beverage company PepsiCo plans to divest its bottling franchisee rights in the West and South of the country. The company in talks is Varun Beverages in a... Read more »
The Central Information Commission asked the RBI to come clean on “perfunctory handling” of an RTI application. The application wished to seek records to the RBI board meetings where... Read more »
Since tax concessions have been provided with a view that poor and middle class people live less stressful lives. Finance Minister Piyush Goyal on Tuesday said that now individuals... Read more »
Swedish home furnishings major IKEA on February 14 said it strives to have an omnipresence in India in the months to come. In 2018, IKEA had started its first... Read more »
Yes Bank has breathed a sigh of relief as it was under pressure last year to bring in a new CEO along with coherent methods by the RBI to... Read more »
Hindalco Industries has gained a decent 47 percent on year growth in third quarter profit (including Utkal) to Rs 713 crore. Higher operating income and lower finance cost in... Read more »
Zinc dropped to a two-week low on Monday along with other industrial metals as speculators sold as precautions against concerns about U.S.-China trade talks and global growth. China expressed... Read more »
The British departure from the EU without a deal could put 600,000 jobs around the world at risk, with Germany facing the brunt of it, a study said on... Read more »