Sunil Suresh, CMD, and Pradeep Mishra, CFO, Stanley Lifestyles, in conversation with ET Now after the luxury furniture maker’s IPO debuted at 34% premium on NSE on Friday. Stanley is not planning to expand into smaller towns. They will mostly be in the major metros, Delhi, Mumbai, Hyderabad, Pune, and Calcutta. High-end, luxury furniture being … Read more
The Organisation for Economic Co-operation and Development (OECD) has marginally lowered India’s growth projection for the ongoing fiscal to 9.7%, a reduction of 20 basis points (bps), and to 7.9% for the next financial year, down 30 bps from its May forecast, citing pandemic risks. The inter-governmental economic organisation with 38 member nations had slashed … Read more
The Reserve Bank is likely to keep the benchmark interest rate unchanged at its bi-monthly monetary policy review outcome to be announced on Friday, but may revise growth estimates in view of the September quarter GDP turning out to be better than RBI‘s earlier projections. According to experts, the stubborn retail inflation, which has remained … Read more