Finance

ebm-papst to set up a new plant near Chennai at Rs.340 cr.

The new plant is coming up near Chennai, Tamil Nadu. The new greenfield project is expected to involve an initial investment of outlay of  Rs....

Renault to buy out Nissan in Indian JV

"Renault Group would own 100% of Renault Nissan Automotive India Private Ltd. (RNAIPL)  by acquiring the 51% shareholding currently held by Nissan," a release...

98.21% of ₹ 2000 notes returns, says RBI

The Reserve Bank of India (RBI) has said that 98.21% of the ₹2000 banknotes in circulation as on May 19, 2023 has been returned. The...

Will it empower poor or worsen further?

Freebies have become a culture. Those who support, argue they should be considered as empowering the people. On the other hand, those who oppose...

Aiding a sustainable change

RBI held the maiden auction of sovereign green bonds (SGrB) to the tune of Rs 8000 crore, as a part of the Rs 16,000...

FTX bites the dust, but it isn’t curtains yet for crypto

The cryptocurrency did not fail the business but lack of regulation and transparency of investor’s money did. The latest to fall in the crypto world...

Industrial Economist 24-09-2022

This premium content is for Paid Subscribers only IE Digital Edition (24 September 2022) The following topics are covered in this weekly issue: (a) TN Finances;...

Skidding on the governance runway…

A disclaimer: nothing in the narration even remotely suggests any violation of any of the provisions of the applicable laws to the extent known...

The complete man, a complete mess…

The advertiser who claims ‘something special for someone special’ has brought out its audited annual report for the year ended 31 March 2022. It...

Mighty resolutions, measly recoveries

Banks have got accustomed to swallowing the bitter pill in bad loan cases. With every other IBC resolution popping out of the NCLT, the...

Distributive Justice: Divided on dividend!

The context was a proposal before a board to increase the dividend distribution.  The company has delivered outstanding results for FY 2022 almost doubling profits....

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ebm-papst to set up a new plant near Chennai at Rs.340 cr.

The new plant is coming up near Chennai, Tamil...

Renault to buy out Nissan in Indian JV

"Renault Group would own 100% of Renault Nissan Automotive...

98.21% of ₹ 2000 notes returns, says RBI

The Reserve Bank of India (RBI) has said that...

Maruti Suzuki posts record sales in FY2025

The company sold a total of 2,234,266 units, including 1,795,259 units in...

Tata chairman in IMF advisory council

He is among prominent individuals appointed by IMF Managing...