India’s purchase of Russian oil has risen to 2 million barrels per day in August, as refiners continue to prioritise economic considerations in their sourcing decisions. Photograph: Sergei Karpukhin/Reuters/span> As much as 38 per cent out of an estimated 5.2
India’s 25 venture capital and private equity backed “new-age” companies, that listed between May 2020 and June 2025, reveals a sobering reality behind the hype: barely a third have delivered sustained outperformance against the market. Illustration: Dominic Xavier/Rediff According to
It has charted an ambitious target. Japanese premium sports goods giant Asics — which sells 75 per cent of its shoes in the country at over Rs 12,000 a pair — wants to be the No. 1 running shoe player
The Securities and Exchange Board of India (Sebi) has barred Dewan Housing Finance Corporation Ltd’s (DHFL) former promoters Kapil and Dheeraj Wadhawan for five years from the securities market for alleged diversion of funds. Photograph: Francis Mascarenhas/Reuters They have also
Passenger vehicle dispatches from companies to dealers in the domestic market declined marginally year-on-year in July, hit by muted demand, industry body SIAM said on Thursday. Photograph: Karen Toro/Reuters Passenger vehicle dispatches declined to 340,772 units in July, compared to
Ola Electric is likely to announce its foray into the sports scooter segment on August 15 as part of its plans to expand its product portfolio, according to sources. Image used for representation purpose only. Photograph: Courtesy, Ola Electric The company
Stock markets rebounded on Wednesday with benchmark Sensex closing higher by 304 points on buying in metal, auto and pharma shares as steady US inflation data propelled a sharp rally in global markets. Photograph: Courtesy, Ola Electric The 30-share BSE
The RBI will introduce a new mechanism from October 4 for clearance of cheques within hours of being presented to banks, reducing the current time period of up to two working days. Photograph: Francis Mascarenhas/Reuters Cheques will be scanned, presented,
State-owned Oil and Natural Gas Corporation (ONGC) has reported a 10 per cent decline in its June quarter net profit on lower oil prices and stagnant production from its aging fields. Photograph: Amit Dave/Reuters The company reported a net profit
In the past 10 years, over 500 PSB officers have died by suicide.When targets are overwhelming, senior management and customers are both impatient, and there is constant fear.Not every banker has the resilience to survive and thrive, warns Tamal Bandyopadhyay.
