A recent report indicates a slight cooling in India Inc’s fresher hiring intent, dropping to 70% for July-December 2025 due to AI-led restructuring and global uncertainties. E-commerce and technology startups lead hiring at 88%, with Bangalore topping city-wise intent at…
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India is reducing solar power generation during periods of low demand to stabilize the grid and alleviate power line congestion, according to the Ministry of New and Renewable Energy. This curtailment has led to significant revenue losses for solar producers,…
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Bachchavat will succeed Brham Prakash Yadav, who will step down from the CFO role on October 15, 2025.
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Banks significantly increased lending for IPO investments last fiscal year. State Bank of India’s IPO financing tripled. HDFC Bank leads with the largest loan book, followed by Bank of India. Sixteen banks provided substantial loans for IPO financing. The Reserve…
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Credila, formerly HDFC Credila, plans to secure up to $600 million in foreign loans post-IPO. Discussions involve DBS, MUFG, and SMBC. The funds will be raised via external commercial borrowing. The loan is marketed at 135-150 bps over SOFR. Credila’s…
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The Indian government has exempted import duty on cotton from August 19 to September 30 to ease supply shortages and support the textile sector. Industry leaders had advocated for the removal of the 11% duty, both to lower input costs…
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