annual report

Azure Power CEO quits, stock sinks 41% on the NYSE

by
Azure Power CEO quits, stock sinks 41% on the NYSE

Mumbai: Shares of NYSE-listed Azure Power Global, an India-focus renewable power company, plummeted 41% in Monday morning trade – its biggest intra-day fall since its 2016 listing – after the company announced Harsh Shah has resigned as the CEO of the company within two months of joining. Shah had succeeded Ranjit Gupta as chief executive … Read more

Six months before COVID struck, this move protected India Inc from pandemic, says RBI

by
Six months before COVID struck, this move protected India Inc from pandemic, says RBI

NEW DELHI: Around six months before the first lockdown was imposed to stem the spread of the coronavirus, the government took a step that subsequently went on to shield Indian corporates from the COVID crisis, the Reserve Bank of India said. The step in question is the Centre’s decision to slash corporate taxes in September … Read more