Indian manufacturers are encountering difficulties in their supply chains following China’s decision to restrict exports of high-precision machinery, essential sub-systems, and equipment tied to rare-earth elements. Industry executives report that these curbs have led to disruptions, prompting Indian firms to…
Read More
Experts say the government could use the fiscal platform to articulate a roadmap for creating globally competitive large banks, potentially involving continued consolidation and reform of public sector lenders to improve scale, efficiency and global competitiveness.
Read More
CFO Srinivasan Vaidyanathan said the the cost of funds moved down by about 10 – 11 basis points in this (Dec) quarter. “Margin movement will come from three factors, time deposit repricing, CASA behaviour and borrowings,” Vaidyanathan said and that…
Read More
Nestle India has a new chief financial officer. Edouard Mac Nab will take over the role on March 1. He replaces Svetlana Boldina. Mac Nab brings extensive finance experience from global companies. Nestle India will also release its quarterly earnings…
Read More
The National Company Law Tribunal has approved a major restructuring for Poonawalla Finance. This plan will split the company’s lending and real estate businesses into separate entities. Poonawalla Finance will continue its lending operations. Its real estate assets will move…
Read More
India’s FinTech exit environment cooled in 2025, as IPOs and acquisitions slowed, with liquidity coming largely from a few big listings and deals.
Read More