Wed, Jan 15, 2025 5:18 PM
Rashi Peripherals to acquire 70% stake in Satcom Infotech
A Flip by Swapnil Tiwari
India's FY26 Union Budget, to be presented on February 1, is expected to bring consumer relief and market-friendly reforms, including potential tax breaks for lower-income groups and adjustments to capital gains taxes, which could boost consumption, revive urban demand, and reinvigorate the stock market.
Open Flip
India’s push towards self-reliance in defence equipment for armed forces has borne fruit. Defence production has grown by double digits over the last decade, more than doubling from Rs 46,429 crore in FY15.A Moneycontrol analysis shows that the pace of growth has picked up further post-pandemic as the country targets the goal of Rs 3 lakh crore of defence production by 2029.
Open Flip
Jio Finance Ltd., owned by Mukesh Ambani, plans to enter the local currency debt market for the first time, likely in the January-March quarter. The funds will be used for onlending to industries. Despite tighter RBI regulations, Jio Finance, with its top AAA credit rating, aims to leverage favorable borrowing conditions. It also offers various financial products and services.
Open Flip
