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…
Read More
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…
Read More
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.
Read More
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…
Read More
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…
Read More
Small finance banks are strengthening their risk management. They plan to reduce unsecured loans and boost secured lending like vehicle and housing loans. Credit guarantee schemes will cover more microfinance loans. This strategy aims to prevent asset quality issues. Banks…
Read More