Mumbai: Stanbik Agro, an Ahmedabad-based vegetable seller is tapping the market to raise about Rs 28 crore through BSE’s SME platform, eyeing a market capitalisation of Rs 40 crore, and market players and social media are abuzz with this offer. The company is looking to raise Rs 12.3 crore by offloading 41 lakh shares at…
Mumbai: With uncertainty becoming the new normal in global business, India Inc is increasingly leaning on professional CEOs to steer companies and handing them million dollar pay cheques as they power growth in the era of the unknown.Among CEOs taking home a million dollars (over Rs 8 crore) or more across BSE 200 companies, the…
Mumbai: With less than a fortnight left for bids for IDBI Bank to close, the field has narrowed to Prem Watsa’s Fairfax Holdings and Kotak Mahindra Bank. The absence of a broader bidding war reflects not a lack of capital, but the complexity of integrating technology, HR culture and branch networks.Both bidders face material integration…
India has identified close to 300 products across engineering goods, pharmaceuticals, agriculture and chemicals that offer significant opportunities for Indian exporters to expand their presence in the Russian market, a senior official told PTI. The exercise comes as New Delhi and Moscow work towards the bilateral trade target of $100 billion by 2030.India currently exports…
Nearly half of India’s family-owned enterprises now report annual revenues between USD 1 billion and USD 30 billion, with 36% alone in the USD 1–5 billion band, according to Deloitte Private’s latest Family Business Insights Series: Defining the family business landscape, 2025, ANI reported.The report—based on a survey of 1,587 family businesses across 36 countries,…
Banks have been advised by the Reserve Bank of India (RBI) to link loans extended to micro, small and medium enterprises (MSMEs) to an external benchmark in order to strengthen monetary policy transmission, the government informed Parliament on Saturday.In a written reply to the Lok Sabha, Minister of State for MSME Shobha Karandlaje said the…
Gold and silver are expected to prolong their record-setting surge in the coming week as traders turn their attention to a heavy line-up of global inflation data and macroeconomic indicators that will shape central bank policy expectations, analysts said. The focus will be on inflation prints from India, the US, Europe and the UK, along…
India’s gems and jewellery exports rose nearly 20 per cent year-on-year to $2.5 billion in November, buoyed by higher shipments of cut and polished diamonds, studded gold jewellery and silver items, according to provisional data released by the Gem and Jewellery Export Promotion Council (GJEPC), PTI reported.Exports stood at $2.1 billion in November last year….
The Confederation of Indian Industry (CII) has urged the Centre to adopt a wide-ranging set of reforms in the Union Budget 2026-27 to reinforce India’s investment-led growth cycle and sustain its position as one of the world’s fastest-expanding major economies, PTI reported.In a detailed submission for the upcoming Budget, CII recommended raising central capital expenditure…
The City and Industrial Development Corporation (CIDCO) has kicked off the process to evaluate the possibility of adding a third runway at the Navi Mumbai International Airport, issuing a bid invitation for a techno-commercial feasibility study, an official told PTI on Sunday.The state planning authority has launched an e-tender for the consultancy assignment, calling for…
