Business Issues

Impact of Rupee Depreciation on Indian Exporters and Importers

The Indian rupee has been steadily depreciating against the dollar, with today’s rate at 84.11 INR per USD. This situation poses significant challenges for Indian importers but benefits...

Sagility BV Raises ₹366 Crore Pre-IPO by Selling Stake in Sagility India to Institutional Investors

Sagility BV, a subsidiary of EQT Private Capital Asia, recently raised ₹366 crore by selling a 2.61% stake in Sagility India to nine institutional investors ahead of its upcoming IPO...

Market Outlook for the Upcoming Week

Next week promises to be a pivotal one for global and Indian markets, with several major events that could create volatility and influence investor sentiment. From the U.S. election and...

Zentech Technology Q2 Result: Year-on-Year Growth Amidst Quarterly Decline

NSE: ZENTEC: Rs.1,865.00 Zen Technologies Ltd. Consolidated Financials Particulars  Sep 2024  Jun 2024  Sep 2023 Revenue 24,184.37 lakhs 25,461.57 lakhs 6,650.10 lakhs Other Income 847.09 lakhs 310.97...

Germany’s Economic Slowdown and Its Impact on Indian Industries.

Germany is teetering on the edge of recession, with its economy barely growing at 0.02%. The IMF has cut its forecast for Germany’s economic growth for both this year and...

JSW Steel and Posco Forge Joint Venture for Steel Plant and Renewable Energy Projects in India

NSE: JSWSTEEL:Rs.965.00  JSW Steel and Posco have signed an agreement to create a 50:50 joint venture to establish a steel plant in India with an initial production capacity of 5...

Adani Power Reduces Electricity Supply to Bangladesh Over Unpaid Dues

NSE: ADANIPOWER: Rs.596.90 at 1 Nov, 7:00 pm IST On October 31st, Adani Power Jharkhand Limited (APJL), a subsidiary of the Adani Group, cut its electricity supply to Bangladesh by more...

Why Fintech is Betting Big on Digital Gold This Diwali?

10g of 24k gold (99.9%) in Mumbai is  Rs. 81,690.00 Indian Rupee  on 31 Oct, 6:05 pm IST  Fintech companies are seizing the Diwali season to boost digital gold offerings for...

L&T Secures Major Contracts in Africa and the Middle East for Power Transmission & Distribution Expansion

Larsen & Toubro, an Indian multinational with revenue of USD 27 billion, specializes in EPC projects, high-tech manufacturing, and services, and operates in over 50 countries. Known for its...