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July Exports Surge; Tough Times Seen Ahead
India's exports surged nearly 82 per cent in July as demand soared for engineering goods, petroleum products and readymade garments, ......
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Food Inflation Surges To 9.9%
India's food inflation accelerated to 9.9 per cent in end-July, the highest since mid-March, suggesting the RBI would continue monetary ......
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Oil Swings Strike Parallels With 2008 Crisis
When in September 2008 the global economy was facing a depression to rival that of the 1930s, Jeffrey Currie, head ......
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SEAF Puts $5M In Maharashtra-Based Cotton Seed Processor
SEAF India Agribusiness Fund has picked up a significant minority stake in Abhay Cotex Pvt Ltd for Rs 26 crore ......
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Bombay Burmah Trading Sells Sunmica Unit To Japanese Firm For Rs 100Cr
Wadia Group’s Bombay Burmah Trading Corporation Ltd is selling its Sunmica unit to Japan’s AICA Kogyo Ltd for Rs 100.30 ......
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Indsur Global Buys Auto Gear Biz Of Premium Transmission
Industrial geared motors manufacturing company Premium Transmission has sold its Automotive Gear Business to Indsur Global, a manufacturer of insulator ......
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Big B Picking Minority Stakes In Small Cap Firms
Bollywood veteran Amitabh Bachchan had a disastrous fling with the corporate world in the 1990s. He, however, managed to restructure ......
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Car Sales Down 16% In July
Car sales in India fell 15.8 per cent in July, the first drop in two-and-half years, and higher interest rates ......
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India's Hero MotoCorp Plans Global Expansion
India’s Hero MotoCorp, the world’s largest producer of motorcycles and scooters, has announced its intention to expand globally, with plans ......
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BSE Sensex ends up 1.6%; Asian Stocks Recover
The BSE Sensex gained more than 250 points on Wednesday, snapping a six-day losing streak, tracking a global equities rebound ......