Jaiprakash Associates Ltd (JAL) has received five resolution plans, including bids from Adani Enterprises, Vedanta, Dalmia Bharat Cement, Jindal Power, and PNC Infratech, as part of its insolvency process. Lenders met to assess these bids after JAL was admitted into…
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Icra has retained India’s GDP growth forecast for FY26 at 6.2%, contingent on favorable monsoons and stable crude oil prices. While urban consumption prospects are positive, geopolitical tensions and volatile financial markets pose downside risks. CPI inflation is projected to…
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In 2024-25, Tata Sons and Singapore Airlines invested Rs 9,558 crore in Air India, with Tata Sons contributing Rs 3,224.82 crore and Singapore Airlines adding Rs 6,333.18 crore. This infusion, including a significant investment in March, aims to support Air…
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Businesses in India want simpler GST and fewer tax slabs. A Deloitte survey reveals that sectors like healthcare seek rate rationalisation. Most companies now trust the GST system. They find interstate trade easier due to e-way bills. Digitalisation and responsive…
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Swaminathan Aiyar suggests the Reserve Bank of India might lower interest rates. This decision hinges on a possible US recession. The US Federal Reserve’s approach to inflation and interest rates could restrict the RBI’s moves. Aiyar notes India has managed…
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India’s Global Capability Centres (GCCs) are expected to grow steadily over the next four to five years, with a projected value growth of 11–12% CAGR between FY25 and FY29, according to a PwC India report. This marks a slight increase…
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