India could reconsider tariff concessions offered to Britain on products such as Scotch whisky if London fails to address New Delhi’s concerns over forthcoming steel measures, an Indian official said…
Author: Admin
Can small-cap funds really deliver higher long-term returns?
Small-cap funds have long enjoyed a special place among investors. The logic seems straightforward: invest in smaller companies today and benefit from their growth tomorrow. But is the promise of…
ConsumerX Ventures launches ₹150-cr AIF for early-stage consumer start-ups
ConsumerX Ventures has launched a SEBI-registered Category II Alternative Investment Fund (AIF) with a target corpus of ₹150 crore to back new-age and digitally native consumer brands. The fund will…
MRPL appoints Pattathil Sujith as ED (Projects)
Mangalore Refinery and Petrochemicals Ltd (MRPL) has appointed Pattathil Sujith as Executive Director (Projects). Prior to his elevation, Sujith was serving as Group General Manager – Corporate Strategy, where he…
Royal Enfield sales up 15% in May at 1,03,231 units
Mid-size motorcycle maker Royal Enfield on Monday reported a 15 per cent rise in monthly sales at 1,03,231 units in May, against 89,429 units sold in the same month last…
SEBI proposes easing cash-flow rules for road InvITs
The Securities and Exchange Board of India (SEBI) on Monday proposed allowing road-focused Infrastructure Investment Trusts (InvITs) to add back debt-funded major maintenance expenses while calculating cash available for distribution…
Gujarat Energy Ltd’s gas demand sees 20-fold jump after Morbi ceramic hub reopens
India’s largest city gas distribution company, Gujarat Energy Ltd (GEL) has reported a dramatic revival in gas demand from India’s biggest ceramic cluster at Morbi in Gujarat with consumption jumping…
MF investments in equity jump 58% in May
Mutual fund investments in equity markets jumped 58 per cent in May to over ₹48,247 crore against ₹30,594 crore logged in April, on the back of healthy inflows as investors…
PE-VC deal flows see marginal slowdown in May
Private equity and venture capital (PE-VC) deal flow continues to be tepid as global macroeconomic situation makes private investors cautious. PE-VC investments for May stood at $2.2 billion compared to…
PSU OMCs’ under recovery from jet fuel sale at ₹30/litre
The PSU oil marketing companies (OMCs) are currently incurring an under recovery of ₹30 per litre from the sale of aviation turbine fuel (ATF) to airlines. “Jet fuel prices are…