A stand out feature of this time’s minutes of the Monetary Policy Committee (MPC) is the appearance of the external sector and the rupee as a key monitorable. Importantly, while all the three external MPC members have commented on the current and capital ... See more
Renew, India’s second largest renewable power company is taking a giant leap into backward integration. This week the ground breaking ceremony of the company’s solar wafer plant gets under way in Andhra Pradesh and in two years the wafers will be ready fo... See more
Recording its sharpest single-day rally in 13 years, the Indian rupee today ended at 93.1/$, a good 1.9% higher than its Monday close of 94.83/$. In contrast most Asian currencies fell by 0.5% today versus the dollar. This after being the worst performing... See more
The war clouds have made him slightly cautious for the near term, but for the medium term, Axis Bank’s managing director and chief executive Amitabh Chaudhary is clearly raring to go. The bank will soon have two more listed entities: they plan to list Axi... See more
In his over 40-years innings as an industrialist and entrepreneur, Ajay Piramal’s standout achievement was his string of successful mergers & Acquisitions (M&A) and deals. He exited everyone of his myriad buys for profit of 50 percent to 10x. His ... See more
