Indian Economy: Japan Credit Rating Agency (JCRA) has upgraded India’s sovereign credit rating from BBB+ to A-, restoring an A rating for India after more than 35 years. The upgrade follows rating increases by Morningstar DBRS, R&I and S&P Global…
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India’s banking system liquidity surplus has surged to a record ₹9.7 trillion ($102.67 billion), surpassing the previous peak seen in September 2021. The sharp increase follows Indian banks raising $127.23 billion through non-resident foreign-currency deposits under the RBI’s scheme, with…
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Mumbai (Maharashtra) [India], Kennect, the incentive compensation management and sales performance management company, today announced the appointment of Puneet Gupta as Chief Business Officer. Gupta will own the company’s commercial engine across sales, marketing and partnerships, and will lead capital…
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With more than 16 years of experience in the hospitality sector, Balla offers a wealth of knowledge in sales, including how to drive revenue growth, create strong sales strategies, manage important accounts, enhance Ramee Group’s sales capabilities, and support expansion…
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August witnessed an impressive spike in IPO activity, as ten offerings saw oversubscriptions of more than a hundred times. Leading the charge was Hy-Tech Engineers, garnering bids amounting to over two hundred forty-four times its share allocation. This enthusiastic investor…
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Tata Sons’ board approved over Rs 10,000 crore for Air India’s capital infusion. This significant funding is contingent upon business cases from Air India and other group companies. The airline reported substantial losses, necessitating this financial support for its transformation.…
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