Blue Star acknowledges that India is not entirely self-reliant in the production of air conditioner (AC) compressors. The company highlights that while domestic manufacturing capabilities have improved, a significant portion…
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IndiGo, India’s largest airline, announces its strategic objective to increase its international capacity share to 40% by the fiscal year 2030, rising from the current 28% in FY25. This ambitious…
Muthoot Finance anticipates a 40% growth in its Assets Under Management (AUM) for the fiscal year 2025. This revised projection significantly surpasses the company’s earlier guidance of 25-30% growth. The…
Fitch Ratings forecasts approximately 10% growth in India’s steel sector. This growth is attributed to increased infrastructure spending by the Indian government and rising domestic demand. The agency highlights that…
KRI Green Energy has successfully secured ₹272 crore in funding from the National Bank for Financing Infrastructure and Development (NABFID). This funding is designated for the development of a 50MW…
The Indian government has extended the permission for Chambal Fertilisers and Chemicals to import urea through India Potash Limited (IPL) until March 2026. This extension allows Chambal Fertilisers to continue…
Allianz SE, a global insurance giant, is reportedly exploring a potential partnership with Jio Financial Services in India. This move comes after Allianz concluded its 24-year-old joint venture with Bajaj…
The Indian government has implemented a 12% provisional safeguard duty on main steel flat products. This decision directly affects domestic steel producers, including major players like Tata Steel. The imposition…
Engineers India Limited (EIL) announces securing a new order valued at ₹253 crore. This order significantly contributes to the company’s order book, strengthening its revenue visibility in the coming quarters.…
Fitch Ratings has indicated that JSW Steel’s rating headroom is diminishing due to the anticipated influx of inexpensive steel imports from China in the fiscal year 2026. This development is…