RBI April Policy in Focus as Markets Track Key Signals
The Reserve Bank of India’s Monetary Policy Committee is set to announce its April policy decision, with markets closely tracking several economic indicators that could influence whether the central bank holds, cuts or rises interest rates. Now here’s how things stand: the swings in crude oil prices keep causing ripples, thanks to unrest across West…
Vipin
Rolls-Royce Aims to Make India Its Third Home Market
Rolls-Royce announced on Sunday that it aims to make India its Home Market, with the primary goal of identifying opportunities across a range of domains, including jet engines, naval propulsion, land systems, and advanced engineering. Sashi Mukundan, the executive Vice President of Rolls-Royce India, said in an interview, mentioning the current significant move of big…
Yash Sharma
CCI Probes Asian Paints for Position Abuse on Grasim’s ComplainÂ
The Competition Commission of India (CCI) has initiated an investigation into Asian Paints over allegations of anti-competitive practices, based on a complaint filed by Grasim Industries, part of the Aditya Birla Group. The CCI has ordered the Director General to investigate and submit a report within the 90 days, mentioning there was no need to…
Sumit
Vodafone Idea Decides To Converse Debts Into Equity, Government Owns The Share
On Tuesday, Vodafone-Idea informed the exchanges about the decision of resolving debts and interests converting into government equity. The company decided to adjust the gross revenue dues by converting them into equity. This is a smart business move by Vodafone. Vi was under debt, which exceeded Rs 2 lakh crore, and tried methods to raise…
John David