Strategic investments, especially mergers and acquisitions, have become the new fad in India as companies with deep pockets shell out huge amounts to pursue inorganic growth. This frenzy is witnessed across sectors, with recent major investments seen from paints & cement to media & entertainment, from transport logistics to pharma. The aim is to be … Read more
By Dr Ankur Phaterpekar The burden of heart disease is increasing at a fast pace and the major reasons for this are unhealthy lifestyle, physical inactivity, unhealthy diet, smoking, alcohol consumption and inappropriate sleep routines. While there are some preventive measures, at times when the disease takes its hold, it must be managed with the … Read more
Mumbai: JK Files and Engineering, a part of the Raymond Group, is eyeing a turnover of ₹1,500 crore in the next few years on expectations of robust demand for precision automotive components. Having posted more than 50% growth in FY22 with a turnover of ₹812 crore, the auto-parts arm now makes up nearly an eighth … Read more
Officials of the Reserve Bank of India (RBI) and the Bank of Russia are set to meet this week to give the finishing touches to a bilateral payment system to ensure smooth trade flows between the two nations without violating global sanctions, people familiar with the matter told ET. Russia faces increasingly tighter sanctions after … Read more
An impatient Indian investor class, largely driven by millennials, is leaping into riskier investments from peer-to-peer lending to cryptocurrencies in the hope of boosting returns rocked by one of the worst inflation rates in Asia. The sheer number of individuals pouring money into new and lightly controlled assets sets India apart, after the pandemic fueled … Read more
Bharat FIH, the maker of Xiaomi and Nokia phones in India, has received the go-ahead from the capital markets regulator on June 10 to raise Rs ₹5,000 crore through an initial public offering (IPO). Separately, market regulator Sebi has also sought clarifications from Lava Mobiles for its ₹1,500-crore IPO. The Noida-based smartphone brand and contract … Read more
Latest Updates on Covid-19: India recorded around 50,000 Covid-19 cases in the week that went by. This has been the biggest jump in the number of daily cases since January. The overall statistics of daily infections across states don’t look good and it has compelled the state governments to move in line with strict measures … Read more
Over the past three decades, we have seen three mega trends and themes shaping up the capital markets and the world at large. It was the TMT theme in the 1990s, then we had BRICS in the 2000s and in the last decade, we had FAANG. What will be next? I believe ESG has the … Read more
Wary of the scenario on the global and domestic fronts, foreign investors continued to withdraw from Indian equity markets and pulled out close to Rs 14,000 crore in this month so far. With this, net outflow by foreign portfolio investors (FPIs) from equities reached Rs 1.81 lakh crore so far in 2022, data with depositories … Read more
Emerging markets such as China and India, before they start celebrating stable fertility rates, will have to contend with ageing populations which don’t have enough savings to deal with old-age issues. Also, those employers will prosper who offer workplace childcare, fertility and family benefits. Diversity and inclusion at the workplace will be driven by Gen … Read more