Electronics exports surged 19% in Oct, becoming the sole growing category among India’s top 10 merchandise exports amidst global trade disruptions. This growth was largely driven by a significant increase in smartphone exports, including substantial contributions from Apple’s iPhones. Experts…
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IndusInd Bank has begun early talks to gauge investor interest for a potential qualified institutional placement, according to people aware of the matter. Senior management has been meeting investors after recent discrepancies in forex derivatives triggered senior-level exits.
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In a suo motu ruling, the Central Electricity Regulatory Commission (CERC) said monthly tariffs must be revised-or refunds issued-to reflect the GST rate cut to 5% from 12%. The directive, industry executives said, raises the bar on internal systems, audit…
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The current wave of CFO exits should worry every stakeholder in Indian business. It signals that companies may be losing strategic financial discipline at a time when investor expectations are rising and capital decisions are becoming more complex.
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Starbucks said it is strengthening its long-term commitment to India even as competition rises and profits remain under pressure. The coffee chain has opened about 500 stores in 12 years with Tata Consumer, a slower pace than its China expansion.
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With a resilient economy, India finds itself in a favorable position as exports to the US show less decline than feared. This scenario empowers India in trade negotiations with Washington, allowing the country to adopt a patient approach towards a…
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