Bank of America Global Research has initiated coverage on Adani Group’s dollar bonds. They have given an ‘Overweight’ rating to select issuances. This is due to solid fundamentals and strong funding access. The group has shown operational resilience amid global…
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In a major development in India’s consulting and audit space, Nangia Andersen is set to go independent, moving away from its global network affiliation in a shift that signals changing equations in the country’s professional services landscape, ETCFO has learnt.
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Sugs Lloyd has launched its consumer brand, VYNA Electric, entering the home and business electrical and lighting segment. The company, with over a decade in power transmission, is expanding into lighting, switchgear, and modular electrical solutions. VYNA Electric aims to…
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India’s air cargo shipments to the US have hit a nine-year low, plummeting due to steep tariff hikes implemented by the Trump administration. This surge in costs has crippled demand, forcing Indian exporters to drastically reduce order sizes and struggle…
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Bajaj Finance shares tumbled on Tuesday. The non-bank lender lowered its asset growth forecast for fiscal 2026. This move sparked concerns about near-term growth. Rising bad loans in its MSME lending portfolio led to the revision. Bajaj Finserv shares also…
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HDFC Defence Fund adjusted its holdings in October. The fund increased its investment in Bharat Forge, Eicher Motors, and Astra Microwave Products. It also reduced its stake in BEML, Dee Development Engineers, Avalon Technologies, and JNK India. A complete exit…
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