In a strategic move aligned with its asset-light business model, Coca-Cola India has divested its north Gujarat bottling operations to Kandhari Global Beverages Group for nearly Rs 2,000 crore. This transaction is part of Coca-Cola’s broader strategy to vest local…
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Public sector banks, which generally have lower capital buffers and higher NBFC exposure, are expected to gain more than private banks. However, the relaxation on microfinance loans may have a limited impact, benefiting only specific lenders with significant exposure to…
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Asian regulators are tightening audit standards to boost investor confidence. Korea now designates auditors for struggling firms to prevent collusion, while China and Japan are strengthening disclosures and auditor independence.
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Xiaomi, the world’s third largest smartphone manufacturer, ventured last year into making cars
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Despite the government’s investment in cleaner methods, the focus remains on expanding coal-based steel production, impacting long-term export prospects.
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The expansion aims to meet rising demand from housing and infrastructure sectors, with a focus on pan-India presence and long-term growth despite short-term price wars.
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