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Ratan Naval Tata, the Chairman Emeritus of Tata Sons, passed away at the Breach Candy Hospital following age-related health conditions. He was 86. Tata was admitted to the hospital on Monday, sparking intense speculation on his health status in corporate, political and common circles. Later, he had issued a statement that he was undergoing certain routine medical examinations for age-related health concerns. Subsequently, he was reportedly put on life-support systems, tho...
Doyen of India Inc, Tata Group's Ratan Tata passes away
Showcasing robust investor confidence, India Inc saw impressive 195 deals worth $8.4 billion in the month of July, a 16 per cent jump in volumes, a report said on Tuesday. Private equity (PE) deal activity continued to lead the volumes for the month, contributing to 57 per cent of the overall volumes while mergers and acquisitions (M&A) activity led the values with a 59 per cent contribution, according to ‘Grant Thornton Bharat Dealtracker’. “India Inc...
India Inc saw record 195 deals worth $8.4 billion in July
Finance Minister Nirmala Sitharaman on Thursday chaired the third pre-budget consultation with industry leaders and associations in connection with the forthcoming General Budget 2024-25 here on Thursday. The pre-budget consultation meeting was also attended by Union Minister of State for Finance, Pankaj Chaudhary, Finance Secretary, and Secretary, Department of Expenditure; Secretaries of Departments of Economic Affairs, DPIIT, Ministry of Heavy Industry and Ministry of MSME as well...
FM Nirmala Sitharaman holds pre-Budget meeting with India Inc.
The Nifty profit after tax growth of 16% year on year was significantly below that of the BSE 500 (26% YoY), reinforcing our thesis of democratisation of profits and reinforcing our positive view on small and mid caps, Emkay Global Financial Services said in a report. “One wrinkle is the convergence in revenue growth across both indices: if this continues, profit growth is also likely to converge over time, the margin differential is narrowing. This would make the SMID story even mor...
Democratisation of profits underway in India Inc
The captains of Indian industry want the USA to expedite the issuance of visas to businessmen who want to visit America to explore opportunities for trade and investments.The request was made today by Indo-American Chamber of Commerce national president Lalit Bhasin at a flagship event held to promote trade and investment between the two countries in Delhi. The US Ambassador to India Eric Garcetti was the chief guest at the event.Bhasin said that Indian businessmen who want to visit the ...
India Inc wants US to expedite visas for business trips
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