BUSINESS

Will the IPO membership on April 19, market fluctuations have an impact on the introduction of macrotech developers?

Macrotech Developers, formerly known as Lodha Developers, is set to debut on borrowers on April 19 after closing the issue on April 9 and will credit Demat shares to the accounts of eligible investors this week. Analysts are expecting a silent listing of the Mumbai-based real estate developer on April 19, which received a tepid …

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Tata Motors

Tata Motors will increase the price of passenger vehicles from January 19

New Delhi: Tata Motors said on Tuesday it would raise prices for its passenger vehicles by an average of 0.9% from January 19 to partially offset the impact of rising input costs. The automaker sells various models like the Tiago, Punch, and Harrier in the domestic market. Starting Jan 19, 2022, an average increase of …

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ADIF meets with MeitY officials to discuss ‘imperialism’

The Alliance of Digital India Foundation (ADIF)), a new New Delhi think tank comprising entrepreneurs and entrepreneurs, is likely to meet with MeitY officials next week to discuss possible policy interventions to address governance harassment by major technology companies like Google and Apple. Sijo Kuruvilla George, executive director of ADIF, said they were looking forward …

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RBI

RBI Governor expressed concern about inflation !

RBI- MPC Meeting Details: The RBI Governor expressed concern over the rapid rise in inflation across the country. Reserve Bank of India Governor Shaktikanta Das has warned that despite the surge in economic activity, the persistently high rate of inflation is a major cause of concern for the economy. He had said this when raising …

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IFFCO Kisan designs to widen the pilot project on advisory services, aimed to increase the quality, yield and income of farmers

“Farmers need to be aware of problems in four to four major areas such as water, seed, fertilizer and pest requirements as well as timely data and interventions that have proven to help increase productivity and crop yields,” said Sandeep Malhotra, IFFCO’s CEO. About 1,500 farmers were covered under a five-crop testing project – wheat, …

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Jaguar Land Rover plans to perform ten product actions on the Indian market

Jaguar Land Rover India plans to launch ten product-related initiatives in the current portfolio, including the launch of a new generation model and the launch of updated versions, to consolidate its position in the luxury car segment, according to the company’s chief executive. The automotive company, owned by Tata Group, recently launched its fully operational …

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Philip Morris phase out cigarettes in Japan within ten years

Tobacco giant head Philip Morris said the company would roll out regular cigarettes in Japan within a decade, in an interview with Nikkei’s daily business on Friday. The Marlboro manufacturer announced in 2016 a long-term goal to stop selling cigarettes and introduce alternatives that they say are less harmful – but this is the first …

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Declining cotton prices in low demand, an area for growth where it is grown

The futures of cotton are sold for as low as Rs 22,110 per bale on May 14 as participants cut their positions as evidenced by the open interest. Agri’s assets were sold red after the start of the gap despite strong international practice and a strong framework. Cotton exports to India in the 2020-21 market …

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RBI’s checks and balances: Barriers to new NPCI-like umbrella entity for pan-India retail payments

Last year, the Reserve Bank of India (RBI) came out with a licensing framework to establish several payment processing companies. The idea was to create another type of institution for the National Payment Corporation of India (NPCI) to expand sales payments and promote innovation in the financial system. While NPCI has established a game-changing payment …

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