‘It is less dependent on imported capital.’ With the first half of CY21 drawing to a close, New York-based David Jones, senior investment strategist, BofA Global Research, tells Puneet Wadhwa
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Covid robs Moradabad’s Brass City of its shine
With repeated disruptions in manufacturing activity and the dwindling number of jobs, most manufacturers spent their meagre savings and are now in debt. Forty-year-old Shamsher Ahmad has spent all his
Continue reading »The other company seeking to attach India’s assets
‘Devas will continue to pursue its rights and enforcement actions against India in courts around the world.’ Devas Multimedia is out to enforce a $1.2 billion international arbitration award arising
Continue reading »Host of tests awaits Ashwini Vaishnaw, the new rail minister
Completing freight corridors, negotiating land for the bullet train, and speeding up monetisation plans would be some of the major focus areas. The change in leadership at the railway ministry
Continue reading »Don’t be AFRAID of Bank NPAs!
Business failures rise when growth declines.When Indian growth slowed in the last decade, defaults increased.This is the normal working of the market economy, points out Ajay Shah. An ‘NPA scare’
Continue reading »Gourmet meals on wheels, 5-stars’ latest success mantra
Since home-delivered meals from five-stars are cheaper by 15 to 20 per cent as compared to eating at the destination outside, food delivery has emerged as an important part of
Continue reading »What Kia hopes to achieve by adding India to name
‘It says, we are not just an overseas player — we are Kia India and here for good’ It’s not unusual for automotive players to change their names when they
Continue reading »Covid impact: Million dollar M&A deals sealed on phone, Zoom calls
Some buyers are insisting on a clause in the agreement that the whole deal hinges on physical verification at a later date with some part of payment kept in escrow,
Continue reading »India Inc earns 72% of revenue from the domestic market: Morgan Stanley
The remaining 28 per cent is split equally between emerging markets and developed countries with North America and Europe each accounting for 7 per cent and 5 per cent respectively.
Continue reading »Dad steps down, Jayadev Galla helms Amara Raja
‘I have personally been very keen on investing in lithium ion battery technology for some time.’Shally Seth Mohile reports. Amara Raja Batteries, one of the largest lead acid battery manufacturers,
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