Workmen clothing company, Carhartt, which has till now sourced only from the United States US and Europe, has set its eyes on India and could buy $40 million worth of fabric and garments from manufacturers.
When compared to the domestic sales of April 2019, the growth is around 37 per cent. However, compared to the previous month (March), the growth is 18.4 per cent.
BJP heavyweights Smriti Irani, Arjun Munda, Ajay Mishra Teni and Kailash Chaudhary were among the 13 Union ministers who tasted defeat in the 2024 Lok Sabha elections, as stunning losses in three Hindi heartland states forced the BJP to rely on allies to form the government.
UK-based financial major Dawnay Day International is planning to enter the hospitality sector in the country.
Both parties will discuss the issues and there will be a meeting again on May 28, he said.
New players show up after 3 years; northern states take lead in loan growth.
From April 1, when we buy insurance for a car or take out a health cover, insurance companies can offer a product totally customised for us.
Javed Akhtar says he has to write Hindi dialogues in the Roman script for the new generation of actors today because 'they can't read anything else'.
Consumer products like mobile phones and laptops may become cheaper as the overall taxes on goods are likely to come down
Of BSE 500 companies, promoters of 142 companies have pledged their holding.
The final hearing in the case at the London magistrate's court to extradite Mallya to India is scheduled later this month.
Demand among several pre-Budget representation by BSE Brokers' forum
Online travel portals are flooded with flight and train bookings, hotels teeming with requests for accommodation, and spiritual merchandise on e-commerce platforms is selling like hotcakes. As the consecration ceremony of Ram Mandir in Ayodhya on January 22 draws near, Indians across the country are putting their travelling boots on as the temple frenzy catches on. India's largest travel technology (traveltech) platform MakeMyTrip (MMT) has witnessed a substantial four-fold increase in bookings for Ayodhya compared to the previous year.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Worried by a spike in Chinese imports, the Indian Steel Association (ISA) plans to take up the matter with the government and seek measures to fix "trade distortions". Alok Sahay, secretary general of the group that represents the country's steel producers, said systemic changes were needed. "In order to take any trade measure, it takes a minimum of 15 months' time, due to prevalence of lesser duty rule in India, making India an easy target. "We are going to write to the government on this," he said.
Pharma shares extended losses after the government's ban on combination drugs.
A Cabinet note of the much-awaited legislation is ready and is likely to be put before the state Cabinet in the next 15 days.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The Reserve Bank had identified 12 accounts, each having more than Rs 5,000 crore of outstanding loans accounting for 25 per cent of total NPAs or bad loans of banks, for immediate referral for resolution under the bankruptcy law.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
These firms reported a combined operating profit of Rs 26,077 crore (Rs 260.77 billion).
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Go First chief executive officer Kaushik Khona and tribunal-appointed interim resolution professional Abhilash Lal on Thursday reached out to the airline's staff, seeking their support for revival. While Khona said the company had taken all steps for the airline's revival, Lal put forward the view it would have to raise funds. Employee engagement took place a day after the National Company Law Tribunal (NCLT) admitted the airline's insolvency plea on Wednesday and ordered a moratorium on recoveries.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
The delay will increase the provisioning burden on lenders and will also postpone the benefit of reversal of money set aside as provisions.
The haircut for major banks stands at 52 per cent, if the dues of Jaypee Infrastructure, Lanco Infrastructure and Era Infrastructure are kept out of the calculation.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
A senior official of India Post at Kolkata General Post Office told PTI that since e-commerce is a sunrise industry, it is trying to earn higher revenue in the region by involving local traders and business houses.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Despite rising interest rates, leading home loan players SBI and HDFC have announced discounted interest rates beginning at 8.40 per cent as part of their festive offerings. SBI in a statement said that its home loan book has topped the Rs 6 lakh crore mark, a first in the industry. The leading lender said it is offering up to 25 bps discount on interest rate to new home loan borrowers, making the entry level rate at 8.40 per cent and the offer will run up to January 31, 2023.
Lenders say settlements will cross over 100 accounts in the March quarter.
The new cabinet, predictably, has a sizeable number of Yadavs and Muslims, though members of other sections of the society also find a place.
Barring stray references such as the 'dual control' of banks and shifting the goalposts during demonetisation, he is not in a fault-finding mode with the government, notes Tamal Bandyopadhyay.
25 student suicides in 2023 at India's coaching hub Kota have revealed the mindboggling stress children confront every day, reports Prakash Bhandari.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The probe agency found irregularities in loans amounting Rs 3,642 crore sanctioned by Yes Bank to the travel firm.
India's largest listed pharmaceutical (pharma) company - Sun Pharmaceutical Industries (Sun Pharma) - is expected to maintain its outperformance vis--vis the sector's, as its multiple bets on specialty products, improving product mix, recent acquisitions, and branded business are finding favour with brokerages. While it has gained 7 per cent over the past year, the Nifty Pharma Index is down 13.6 per cent. Its outperformance over two years has been fairly evident, with the market leader gaining 66 per cent to Nifty Pharma's minus 1.4 per cent.
Portfolios were on Tuesday allocated in the new Bihar cabinet headed by Chief Minister Nitish Kumar who, predictably, retained the all-important home department which helps him keep direct control on the state police.
