Greaves Cotton appoints Manish Poddar as Group CFO
In his new role, he will work closely with the leadership team to drive sustainable growth and strengthen the company’s financial framework
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Gupshup appoints former Awfis executive Ravi Dugar as CFO
He has held senior finance leadership roles at Bharti Airtel and Livguard Energy Technologies, where he worked in financial planning, governance, and large-scale business operations. Most recently, he served as CFO at publicly-listed Awfis, where he led the company’s finance…
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Why did stock market crash today? Nifty50 ends below 23,200; BSE Sensex down over 1,300 points – top reasons for fall
Stock market crash today: Continuing the down trend, Nifty50 and BSE Sensex tanked in trade on Friday as oil prices climbed and the Strait of Hormuz closure halted important global trade. While Nifty50 went below 23,200, BSE Sensex was down…
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Packaged food companies slash production amid LPG crunch
Packaged food manufacturers nationwide are halting production due to a severe LPG shortage, exacerbated by West Asian conflict disruptions. Alternative fuels like piped natural gas are also facing restrictions and hefty price hikes. This crisis impacts companies already seeing demand…
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The Iran war puts India’s dosa and AI dreams on ice
The war in Iran has disrupted India’s LPG supply, impacting commercial kitchens and industries like rum distilleries. While prioritizing household use, the nation faces a thin storage buffer for gas, a stark contrast to its oil dependence. This crisis highlights…
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Banks urged to devise low-interest loans for retail, MSME clients
Banks will discuss internally how such schemes can be designed with a uniform loan application and other credit appraisal metrics. The retail loans will cover all consumer loans, including housing loans, subject to prudent lending guidelines, said an official.
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