Delhi HC sets aside order upholding arbitral award in favour of Kalanithi Maran and against SpiceJet
The Delhi High Court overturned a previous ruling that upheld an arbitral award favoring Kalanithi Maran over SpiceJet, a private carrier.
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India stocks set for biggest monthly FII outflows in a year on election risks, China appeal
Global investors have pulled a net $3.5 billion from India’s stock markets so far in May, on course for the biggest withdrawal since June 2023, according to data compiled by Bloomberg.
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India needs to focus on manufacturing, achieve greater sophistication: Nirmala Sitharaman to Indian Inc
Finance Minister Nirmala Sitharaman flagged the need for India to boost its manufacturing sector to achieve self-reliance and increase its share in the global value chain. She highlighted the importance of policy support and sophistication in product manufacturing to attract…
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India’s consumer market likely to double by 2031: FM Nirmala Sitharaman
During the CII Annual Business Summit 2024, the Finance Minister projected that India’s consumer market would double by 2031 and anticipated a significant 18% contribution to global growth in the next five years.
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Net FDI in India fell 45% in April-February of FY24 to $14.55 billion
FDI inflows into India amounted to $26.69 billion, while outflows were $12.14 billion during April 2023 to February 2024.
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Persistent Systems appoints Vinit Teredesai as CFO
Teredesai will assume the position immediately, succeeding current CFO Sunil Sapre, who is slated to retire later this year.
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