During the festive season, India’s import of tree nuts and chocolates rose significantly, reflecting a 10-12% annual demand increase. The reduction in goods and services tax has made these gourmet products more accessible to consumers. In 2025, dry fruit imports…
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Adani Group, led by Gautam Adani, is negotiating a $1.5 billion loan to finance its data center expansion. The joint venture AdaniConneX with EdgeConneX is involved in discussions with various lenders. Plans include investing around $100 billion in digital infrastructure…
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Women currently hold one in five seats on Nifty 100 company boards, remaining unchanged over the past four years. Younger independent directors under the age of 50 have decreased in number on these boards. A report reveals that 17 companies,…
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State Bank of India expects a Rs 19,500 crore net-of-tax impact from ECL implementation and plans to use the four-year transition period. RBI is still open to feedback from banks on the nuances of the guidelines and implementation and is…
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EKI Energy Services is set to challenge the order issued by the Securities and Exchange Board of India, which bars both the company and its Managing Director from engaging in the securities market. The company contends that their alleged misconduct…
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Universal Sompo appoints Amit Bhandari as MD & CEO for a three-year term and announces the cessation of Mudit Gupta as Alternate Director
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