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AIFI hosts hosts event on current industry scene, technology & skill development

The event also featured the importance of energy price risk management and the challenges of navigating volatile energy prices amidst global disruptions. Read more

Price of natural rubber surges more than 33% amid strong demand and low supply

Domestic prices of natural rubber closed August at Rs 238 per kg on average, way above the trend in the past decade.Read more

Wagon makers set for 20% revenue growth this fiscal: CRISIL

With order books standing at 2.3 times the revenue of wagon makers, the sector is expected to operate at 90% capacity this fiscal, up from less than 50% in fiscal 2021. Read more

Indian pharma sector poised for 8-10% growth this fiscal: CRISIL

Following a successful year with approximately 10% growth, the outlook is bolstered by easing pricing pressures in the US generics market and improved operating leverage, which is expected to raise operating margins by 70-80 basis points to around 22.5%. Read more

Policies to increase e-buses sales to 75-80% this fiscal; CRISIL Ratings

These schemes include Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicles (FAME) (1 and 2), National Electric Bus Programme (NEBP) under Convergence Energy Service Ltd (CESL) (1 and 2), and PM-eBus Sewa Scheme.Read more

Nirma plans Rs 3,500 cr NCDs issue for GLSL acquisition and business growth

CRISIL, the rating agency, has assigned an “AA” rating to Nirma's proposed NCDs, reaffirming ratings on the company's existing bank facilities and debt instruments.Read more

Auto dealers to clock 8-10% revenue growth as volume normalises

Sales volume growth will normalise this fiscal from the 17.3% surge last fiscal, due to the high-base effect (especially in the commercial vehicle [CV] and passenger vehicle [PV] segments) as well as factors specific to different vehicle segments.Read more

Middle East conflict: India Inc not in the crosshairs for now

Some sectors such as fertilisers and diamonds — both cut and polished — may see a slight, but manageable, impact, while for most others impact will be insignificant.Read more

India's Industrial sector surges: August 2023 records impressive growth

Official data released revealed a significant surge in India's industrial production, with a remarkable growth rate of 10.3% on an annual basis in August, following a 5.7% increase in July.Read more

India's Q1 FY24 GDP growth hits 7.8% despite challenges ahead

According to data released by the National Statistical Office, the services sector was the driving force behind the growth in this quarter. As a result, the economy is now 13.8% larger than it was in the pre-pandemic first quarter of FY20, in real terms.Read more

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