Corporate India’s profitability impact from the West Asia conflict is now expected to be half of initial fears, with Crisil Ratings predicting a 100-basis-point hit to operating margins in fiscal 2027. This revised outlook follows crude oil price corrections after…
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The Reserve Bank of India (RBI) has issued the final directions for expanding the country’s credit derivatives market, paving the way for wider use of instruments such as Credit Default Swaps (CDS) and total return swaps, as per a statement…
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The company plans to utilise the net proceeds from the fresh issue towards repayment or prepayment of certain borrowings, payment of part of the purchase consideration for the acquisition of its subsidiary, Unilet Appliances Private Limited, and general corporate purposes
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India has removed restrictions on supplies of commercial liquified petroleum gas imposed during the Middle East war when energy supplies were hit by the closure of the Strait of Hormuz. India, the world’s most populous country, is the second-largest importer…
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Oracle has reduced its global workforce by around 21,000 employees—about 13% over the past year—as the company restructures its operations while accelerating AI adoption and expanding cloud infrastructure. The move underscores how AI investments are reshaping workforce strategies across the…
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With a standalone asset base of about Rs 1.75 lakh crore, Tata Sons comfortably exceeds the new threshold and is expected to qualify as an upper-layer NBFC if it continues to be regulated as a CIC.
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