With the Modi-led National Democratic Alliance securing a third term, Gautam Adani, at Adani Enterprises’ AGM, highlighted the group’s continued role in India’s growth. Adani addressed challenges from the Hindenburg controversy, emphasizing financial resilience and ambitious projects, including Mumbai’s Dharavi…
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Devendra Kumar’s appointment as CFO underscores ONGC’s commitment to enhancing financial governance and strategic growth amidst evolving market dynamics. His leadership will be crucial in navigating future challenges and driving sustainable value creation for stakeholders.
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Bank of Baroda announced Chayani Manoj Sundar as its new Chief Financial Officer (CFO), effective June 21, 2024. Sundar’s appointment underscores the bank’s strategic focus on bolstering its leadership amidst dynamic market conditions.
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India needs to take critical actions to transform its electronic sector ecosystem from an ‘import dependent assembly led manufacturing’ to ‘component level value-added manufacturing’, highlights a report by Confederation of Indian Industry.
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Jayanth Varma, who has expressed concerns about growth sacrifice due to restrictive monetary policy, voted for a 25-basis-point rate cut in the MPC’s June policy review.
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Asked about the monetisation of subsidiaries, Khara said that SBI would wait for them to further scale up their operations before listing them. Scaling up their operation will increase valuation and ensure better returns for the parent SBI.
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