The Centre has released over ₹83,000 crore to states for capital investment. This is part of the special assistance scheme for capital investment. The government is confident of fully utilizing the allocation by the fiscal year end. The scheme provides…
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After the initial shocks created by the GST implementation, with the need for the clearance of stocks, the market is now stabilising. There has been reported improvement in customer sentiment in both the urban and rural markets, with the rural…
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Trent’s strategy is similar to some of the world’s largest retailers, including Spain’s Inditex, owner of Zara, and British department store chain Primark, which has long prioritised dense store networks in high-footfall catchments, using scale for more bargaining power with…
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Banks have been wary of lending to Vi because of its huge liabilities, majorly consisting of statutory dues including deferred spectrum payment and AGR liabilities, strained cash flows, and doubts about its ability to service new loans.
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Bengaluru-based GPS Renewables is set for significant expansion in the compressed biogas sector, planning massive capex and a 3.5x revenue jump to ₹3,500 crore by FY28. The company aims to operate 100 plants within three years, supported by government initiatives…
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Reliance Industries has paused its lithium-ion battery cell manufacturing plans in India after failing to secure Chinese technology, highlighting supply chain challenges. The company is now focusing on assembling battery energy storage systems, a move mirrored by other Indian conglomerates…
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