Page 37 - Sharleen Dsouza

Consumer-facing firms see no 'immediate impact' of RBI's rate hike

Shashank Srivastava, senior executive officer (sales and marketing) at Maruti Suzuki India, said that though higher retail loan rates could adversely impact demand, the industry would have to wait

RIL annual report: Growth engines shifting to top gear, says Mukesh Ambani

5G coverage planning done in 1,000 cities, retail investments at Rs 30,000 cr

Inflation eats into India's rural demand while green shoots become visible

After a pandemic slump, consumer goods makers are banking on a good monsoon but erratic rain patterns make a sustained recovery open to question

Likely reduction in steel prices to offer relief to auto, consumer durables

The impact will be seen with a lag and will help only partially

Festive season holds hope for consumer appliances, auto cos after 2-yr lull

The harvest season, which marks the beginning of the New Year, is expected to spruce up sales

Is your broker misleading you?

NSEL is not the only one to be blamed for the Rs 5,600-crore payments scam. Brokers did no favours to their clients, whose gullibility or carelessness was also at fault

Four banks oppose NSEL-FTIL merger in high court

The four are Union Bank of India, DBS Bank, Syndicate Bank and Standard Chartered Bank

Companies may have to disclose commodity exposure

Sebi and FMC may take the move for enhanced disclosures of hedged and unhedged positions of commodities

FMC nod to Kotak's nominee for MCX board seat soon

Kotak Mahindra Bank acquired 15% stake in MCX in July this year for a sum of Rs 459 cr

ICEX plans to submit exchange revival plan next week

FMC had told ICEX to give it a clear revival plan by November 15 or announce closure

Textile mills postpone cotton buying

International cotton prices are at five-year low

Cotton import likely to double this year

Indo Count eyes CDR exit

Indo Count is considering exiting the CDR mechanism by the third quarter of this financial year

Dairies should invest more in milk procurement: Study

In the past five years, the organised dairy sector has seen value growth of 15% a year, while processed milk products have seen growth of 20-25%

NSEL e-series investors to get 1st tranche of refunds

This is first pay out in e-series contract which will be made by NSEL

Gold price to decline further

Anticipation of favourable policies under a stable govt at the Centre, aided by a possibly stronger rupee, are expected to bring bullion price down

R-Cap may quit race for MCX stake

New FMC norms will not allow it to bid for more than 5% stake

FTIL-MCX software contract was one-sided: PwC

Sources indicate that the PWC report has raised questions on the some of the contracts entered into by MCX above Rs 25 lakhs

NK Proteins puts itself up for sale

Both domestic and foreign companies are said to be in the fray to acquire the company, popular for its Tirupati brand of edible oil

MCX given an April-end limit on FTIL order

FMC has warned it won't approve any new contracts before FTIL divests its holding in the exchange