India may have attracted more money than any other Asian market in the past month but this rally in stocks doesn't have much grounding in macroeconomic reality.
The decision to purchase soured loans of Jayaswal Neco Industries Ltd, that makes cast iron pipes, adds to a growing trend of foreign investors exploring the India's massive pile of bad debt.
Software developer Mindtree said Larsen & Turbos' hostile bid was jeopardising its company's success and could have damaging consequences for the business.
Petrol & diesel prices have barely changed since June 2022, even though oil prices have fallen 28% since then. This has boosted profitability of OMCs and dividend payouts to govt.
ThePrint had reported earlier this month that while theaterisation is the ultimate goal, set to be rolled out one year from now, the focus is on structured jointness initiatives by 2024-end.
Discussion about outcome of Lok Sabha polls continues to boil in cauldron of expectations only from BJP. Now reverse this equation, what if we asked about the performance of the 'loser'?
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