Chief financial officers in India report stable festive sales during major festivals such as Dussehra and Durga Puja. Factors like high inflation and weather challenges are influencing sales growth below earlier estimates. Rural consumption remains resilient but may face pressure…
Read More
Rising aviation turbine fuel (ATF) prices and their impact on operating costs remain a significant challenge for IndiGo, with fuel accounting for approximately 40 per cent of the airline’s total expenses, compared to around 32 per cent for the global…
Read More
The proposed IPO is entirely an Offer For Sale (OFS) of up to 66.81 crore equity shares by its promoter Coal India with no fresh issue component, according to the Draft Red Herring Prospectus (DRHP) dated November 1.
Read More
State Bank of India will announce Q2FY27 results on November 3, with brokerages forecasting 11-13% NII growth and up to 25.2% profit growth. Investors will track margins, loan growth, deposits, credit costs and asset quality.
Read More
Agarwal joins Avendus from Kotak Mahindra Capital, where he was part of the Equity Corporate Finance leadership team. He brings over 18 years of investment banking experience and has led more than 100 equity capital markets transactions.
Read More
Increasingly, Indian taxpayers are diversifying their income, reflecting a transition from traditional salaries. Data from ClearTax reveals growth in non-salary income reporting among self-filers in AY 2026-27. Young professionals, particularly those under 25, are filing more complex tax returns and…
Read More