Amid continuing difficulties in airline space to generate profits and raise funds, independent auditors of at least two Indian carriers have raised red-flags over their 'going concern' status claims.
The Union budget left the pharma industry slightly disappointed as no specific measures were taken for drug manufacturers. What further upset them the other week was the price cap
There is a glimmer of hope for the power sector, riled by effects of slowdown and manipulated demand de-growth — provided the sector adopts latest technologies, such as smart grids
The Narendra Modi government is unlikely to rescind the existing policy of allowing up to 51 per cent foreign direct investment in multibrand retail, as this would send wrong signals to foreign investors.
Private sector oil refiners Reliance Industries and Essar Oil will continue to prosper from higher refining margins owing to the price differentials between the light and heavy crude oil.
Weak consumer demand, sustained volume weakness, downward margin pressures due to soaring input cost, higher advertisement expenditure and continued moderation in rural spends are taking a heavy toll on FMCG
Indian steel companies are likely to spend much less on capacity expansion this year due to muted demand, overcapacity and shortage of raw material.
The e-commerce business in India bloomed into a $10 billion industry within a decade, but local investors — especially ultra high net worth individuals (UHNIs) — failed to participate in
- Mar09By Soumonty Kanungo
Though the year began on a cheerful note for consumers, with all domestic airlines showering discounts, the carriers are not expected to show good profit and revenue numbers this quarter.
The Central Electricity Regulatory Commission’s (CERC) decision to finally allow hike in compensatory tariff to Adani Power and Tata Power for their Mundra projects — eight months after the regulator