The future of supply chains is poised for an unprecedented transformation. Imagine a world where every inventory decision is predictive, real-time, and perfectly aligned with consumer demand. A world where hospitals never run out of critical medicines, retail stores always have the right seasonal products in stock, and agricultural produce reaches markets with minimal wastage. … Read more
Capital markets regulator Sebi has directed Mishtann Foods to bring back nearly Rs 100 crore, an amount the company allegedly misappropriated through dubious transactions with related parties. The regulator, in its extensive investigation, found that the company has transferred the fund among promoters, directors, and their relatives under the guise of legitimate trade activities. The … Read more
Vir Advani, CMD, Blue Star, says “room air conditioners had a fantastic Q4. April, of course, has been very strong for the industry as well as for us, as has our commercial refrigeration products, deep freezers, water coolers, etc. I think that the outlook for the summer is, of course, strong. In May and June, … Read more
Rare Enterprises-backed Concord Biotech and regional jewellery brand N’ Jewellers have received capital markets regulator Sebi‘s go-ahead to raise funds through initial public offerings (IPOs). The two companies filed their preliminary IPO papers with the capital markets regulator between August and September and obtained their observation letters during November 28-December 2, an update with the … Read more
“Temporarily, some of the corporates which used to borrow in the bond markets, are now actually finding it cheaper to borrow from the banking system because thanks to bond repricing, bond market interest rates have gone up much faster compared to the banks which are linked to the repo rate and the MCLR,” says Mihir … Read more