Asian Paints Ltd on 1st April announced that it will acquire a stake in two companies - White Teak and Weatherseal Fenestration to strengthen its presence in the fast-growing home improvement and decor segment. White Teak is engaged in the busines

Coal India has set a production and offtake target of 700 million tonnes in 2022-23 after achieving record production in 2021-22. It achieved a record production of 622.6 million tonnes for FY2022, eclipsing the previous high of 607 million tonnes

The Indian equity market witnessed a record bull run in CY2021 with Sensex and Nifty hitting fresh all-time highs throughout the year till October when they peaked. Thereafter, the market witnessed some corrections from the higher levels more so afte

In 2018, the Defense Acquisition Council had approved the procurement of 6 indigenously designed next-generation off-shore patrol vessels (NGOPV). Back then, the cost estimate was Rs.49.4 billion and the project was awarded to Pipavav Shipyards. Plag

The raging Russia-Ukraine crisis can build an unexpected opportunity for Indian chemical companies. This is because the rising energy cost is weighing on the performance of the European chemical industry. Even before the Russia-Ukraine war, the Europ

According to the company, initially, the plantation business of Tata Coffee Ltd (TCL) will be demerged into Tata Consumer Products Ltd's wholly-owned arm Tata Consumer Products Ltd Beverages & Foods Ltd (TBFL), and then the remaining business of

The Indian market has seen large Foreign Portfolio Investors (FPI) outflows in the past few months. Their net selloff in these six months has shot past Rs 2 lakh crore and reached Rs 2,06,649 crore since last October. In February 2022, the outflow wa

Diesel is one of the key product export from Russia and averages more than 1mnb/d with almost 75% exporting to Europe while for Europe it accounts for almost 50% of its total diesel imports. While the flow of diesel from Russia to Europe is broadly h

On 25th March, Emami Ltd has acquired the Dermicool brand from Reckitt Benckiser Healthcare (India) Pvt. Ltd for a total consideration of Rs.4.32 billion, excluding tax and duties. Emami's acquisition of the Dermicool brand is a positive development

Indian Banks' have seen three cycles of RBI rate hikes since FY08 of which two were brief and one of them was after the economy gained strength (more comparable to the current one) after the Global Financial crisis. Of these two SBI’s net interest

Peak maintenance season in the US, declining inventories, supply concerns, and switch to diesel from gas in Industrial, as well as the Transportation sector, has resulted in a sharp rise in petrol and diesel cracks to as high as $2/$48 per bbl. Howev

Embassy Office Parks REIT owns, operates, and invests in rent or income-generating real estate and related assets in India. It is India's first publicly listed REIT and Asia's largest official REIT by area. The Embassy REIT’s office parks are be