Business Headlines - Page 2
Business Headlines: Sharad Pawar and the PMC Bank episode
Co-operative banks have a different strucuture from private and public sector banks which make them suseptible to mis-management by political parties. We tell you how political parties take advantage of such banks and relate the issue to the latest...26 Sep 2019 9:01 AM GMT
Business Headlines: Slowdown hits luxury car, watch and apparel makers
The country is in the midst of an economic slowdown. Sector after sector has been falling prey to this vicious cycle. The most recent casualty of the slowdown is the luxury segment. We’re talking about luxury cars, watches and apparel makers. We...12 Aug 2019 9:50 AM GMT
Business Headlines: Under pressure, FM forced to act
The recent budget was expected to come out with some tough policy action and offer stimulus to revive a sagging growth. However, that didn’t happen. A slew of measures were ushered in which dampened stock market sentiment. The most harmful one was...9 Aug 2019 6:40 AM GMT
Business Headlines: Auto Sector Slowdown & Mr. Mahindra’s Message to the Govt.
Slumping sales of cars and motorcycles are triggering massive job cuts in the auto and auto ancillary industry, with many companies resorting to shutting down factories for days and reducing their number of shifts, in an attempt to save operating...8 Aug 2019 8:20 AM GMT
Business Headlines: Amazon to acquire 26% of Reliance Retail?
With parliament nod for abolition of Article 370, the state will be bifurcated into two separate Union Territories. With the special status gone, what changes will the region witness from now on? #Article370 #J&K #AmitShah6 Aug 2019 10:33 AM GMT
Business Headlines: Tata Motor’s Partial Shutdown – 30 Steel Co’s Follow Suit
The severity of the automobile sector slowdown has led automakers to lay off workers and shut showrooms across the country. As a result Tata Motors has announced a block closure or a partial shutdown for the fourth time since last month, of one of...5 Aug 2019 7:41 AM GMT
Business Headlines: From 5th largest, now India is 7th largest economy
India’s short lived stint as the world’s fifth largest economy is over. Deteriorating macroeconomic conditions such as a slowing GDP growth rate and a weak rupee were chief culprits for dragging our economy to seventh position. Donald Trump, via a...2 Aug 2019 9:09 AM GMT
Business Headlines: Who’s acquiring Subhash Chandra’s Zee?
The Subhash Chandra led conglomerate, Zee Entertainment, is trapped under a mountain of debt in excess of ₹ 13,000 crore and is railing under the effects of lacklustre earnings coupled with banks, mutual funds and other investors demanding their...31 July 2019 8:06 AM GMT