Atmanirbharta Complicates India-US Arms Deals

Indian policymakers must realise that in buying small quantities of equipment, it becomes hard to start manufacturing them in India, explains Ajai Shukla. IMAGE: The US's 5th gen supersonic F-35......

Growth expectations and better margins drive gains in hotel stocks

The hospitality industry has seen plenty of interest since the catastrophic impact of the pandemic, which led to losses in FY21. Photograph: Jason Lee/Reuters The hotel industry market cap has......

IPO-bound Oyo eyes Rs 100 crore PAT in Q4, 20% revenue growth in FY24

Oravel Stays, the parent company behind the travel tech brand Oyo, is eyeing to clock Rs 100 crore in Q4FY24 profit after tax (PAT) and a 20 per cent revenue growth for FY24, according to informed......

Growth slowdown, valuations near-term hurdles for DMart

Discount retailer DMart (Avenue Supermarts) hit its highest levels in a year and a half last week and is up over 11 per cent in the last one month. The company depends on low operating costs to......

Adani shrugs off Hindenburg effect, back to rapid expansion spree

Adani group opened a $1.2 billion copper plant, bought a port in Odisha, raised stakes in a cement company and stitched an alliance with rival Mukesh Ambani's Reliance Industries, all in a matter......