Even as global foreign direct investment (FDI) has been losing momentum over the years, India’s gross FDI inflows have remained resilient, supported by steady investment interest, according to a report by CareEdge Ratings.
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Dealers paid compensation cess on inward supplies expecting set-off, but with GST 2.0 ending cess liability and no transition mechanism, the credit is now unusable.
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Pune-based Kalpa Power has appointed Pankaj Aggarwal as its new CFO to support its ambitious goal of reaching 5 GW capacity by 2030. With over two decades of finance and strategy experience, Aggarwal will oversee finance and compliance, bolstering governance…
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Chinese government has reportedly approved Haier’s sale of a 49% stake in its Indian arm, Haier Appliances India, to the Bharti Enterprises-Warburg Pincus combine. This strategic move aims to overcome regulatory hurdles and facilitate capital infusion for expansion. The deal,…
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An RBI study finds gold remains the most stable hedge during global crises, while crude oil shows extreme volatility under stress. U.S. Treasuries and silver also act as safe-haven assets, though with varying sensitivity to geopolitical risk.
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India’s top consulting firms, including EY, Deloitte, PwC, and KPMG, are fiercely competing with tech giants like Accenture and Capgemini, alongside Indian IT players. This intense rivalry stems from a surge in companies adopting AI across their operations, propelling technology…
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