Dubai is positioning itself as a springboard for Indian companies looking to tap into fast-growing emerging markets, including Africa, banking on low tariffs, long-standing trade relations, and a shared vision for regional economic growth, said Mohammad Ali Rashid Lootah, president
Gensol Engineering’s promoters treated the listed company as a proprietary firm, diverting corporate funds to buy a high-end apartment in The Camellias, DLF Gurgaon, splurging on a luxury golf set, paying off credit cards, and transferring money to close relatives,
iPhone maker Apple has met its replenishment target for freshwater withdrawals for corporate operations in India in 2023, the company said in its environmental progress report released on Wednesday. Photograph: Lucas Jackson/Reuters Globally, Apple has set a goal to replenish
1 / 9 IndusInd Bank | The bank reports that an external audit has found a ₹1,979 crore reduction in the bank’s net worth due to derivative discrepancies. This equals 2.27% of the bank’s net worth as of 2024. The
Investment word of the day: Employee stock ownership plans or employee stock option plans (ESOPs) are incentives beyond salaries, and the allotment of shares gives employees a sense of ownership in the company. The incentive aims to promote employee retention
Equity benchmark indices Sensex and Nifty closed higher for the third straight day on Wednesday following buying in blue-chip banking stocks and fresh foreign fund inflows as retail inflation slipping to near six-year lows raised hopes of further rate cuts.
Wholesale price inflation declined to a 6-month low of 2.05 per cent in March as prices of vegetables, potato and other food items eased, government data showed on Tuesday. Photograph: Amit Dave/Reuters Wholesale price index (WPI) based inflation was 2.38
India’s exports turned positive after four months recording a marginal 0.7 per cent increase to $41.97 billion in March, while the trade deficit widened to $21.54 billion, the government data showed on Tuesday. Photograph: Wolfgang Rattay/Reuters Imports increased by 11.3
Retail inflation dipped marginally to a nearly six-year low of 3.34 per cent in March due to decline in prices of vegetables, eggs and protein-rich items, raising hope for a third rate cut by the RBI as it remains below
Consumer electrical goods maker Havells India Limited on Monday (April 14) said it has approved a ₹600 crore strategic minority investment in Goldi Solar Private Limited as part of its broader push into the renewable energy sector. The investment will
