India’s largest drugmaker, Sun Pharma, is considering a major acquisition. The company is evaluating the purchase of US-based Organon, a specialist in women’s health. This potential deal is valued at around $10 billion. A successful acquisition would be a significant…
Read More
Mercedes-Benz India advocates for reduced customs duties on imported luxury vehicles, which could enhance sales within the high-end market and ultimately elevate government tax revenues.
Read More
Tata Motors is urging the government to consider targeted incentives for entry-level electric vehicles and support for fleet segment EVs in the upcoming Union Budget. The company highlights that while overall passenger vehicle demand has revived, entry-level EVs face pressure…
Read More
Indian manufacturers are encountering difficulties in their supply chains following China’s decision to restrict exports of high-precision machinery, essential sub-systems, and equipment tied to rare-earth elements. Industry executives report that these curbs have led to disruptions, prompting Indian firms to…
Read More
Experts say the government could use the fiscal platform to articulate a roadmap for creating globally competitive large banks, potentially involving continued consolidation and reform of public sector lenders to improve scale, efficiency and global competitiveness.
Read More
CFO Srinivasan Vaidyanathan said the the cost of funds moved down by about 10 – 11 basis points in this (Dec) quarter. “Margin movement will come from three factors, time deposit repricing, CASA behaviour and borrowings,” Vaidyanathan said and that…
Read More