IRB Infra posts Q1 Net Profit of Rs. 250 Crs; up 5% YoY Declares Interim Dividend of Rs. 2.50 per share

RB Infrastructure Developers Ltd. (IRB); India’s leading and one of the largest integrated highways infrastructure developers, has posted Net Profit of Rs. 250 Crs; thus, registering growth of 5%,... Read more »

CREDAI to host 18th NATCON – ‘Break The Stereotypes’ at Berlin

CREDAI (Confederation of Real Estate Developers’ Associations of India), the apex body of private Real Estate developers in India, is holding its 18th edition of NATCON – the annual international convention, from 2-4 August,... Read more »

Anti-dumping Duty on Chinese High Tenacity Polyester Fibre to Improve Competitiveness of Domestic Firms

India Ratings and Research (Ind-Ra) expects the imposition of an anti-dumping duty on high tenacity Chinese polyester fibres to benefit domestic manufactures. The duty will smear away any import... Read more »

Dun & Bradstreet India honours the torchbearers of the PSU sector

Dun & Bradstreet (D&B), the world’s leading provider of global business information, on Wednesday recognized the PSUs who are the front-runners in their respective sectors through the PSU Awards... Read more »

GST rationalisation to strengthen demand for consumer discretionary

Acuite believes that the reduction of GST on over 50 items, largely consumer durables will boost consumption in the economy and is likely to have a positive impact on... Read more »

Non-PCA PSBs to retain market share in advances; deposit franchise continues to remain strong for PSBs

The advances market share of non-Prompt Corrective Action (non-PCA) Public Sector Banks (PSBs) are expected to be maintained at 50-51% in advances while private sector banks (PVBs) market share... Read more »

Sensex sets new closing high

After touching a fresh all-time high – of 36, 902.06 points – earlier in the day, the benchmark BSE Sensex settled at a record closing level of 36,825.10 points... Read more »

Paint industry expects over 10% growth after GST rates reduction

Indian paint industry is expecting over 10 per cent growth in sales in the current fiscal year, following the lowering of Goods and Services Tax (GST) rates by 10... Read more »

Anchit Lakhotiya to Head Lonestar RattanIndia Entity Real Estate vertical

Lonestar RattanIndia Real Estate Fund has appointed Anchit Lakhotiya, an experienced real estate banker, to head the real estate vertical. RattanIndia Finance, a joint venture between Lone Star, a leading... Read more »

USAID and DHFL Announce Signing of $10 million Loan Guarantee to Improve Healthcare in Urban India

The US Agency for International Development (USAID) and the Dewan Housing Finance Corporation Limited (DHFL) officially announced the signing of a $10-million loan portfolio guarantee in an effort to... Read more »