Sesa Sen

FMCG firms ramp up innovation as consumer trends shift trajectories

Industry watchers also expect complete normalisation of demand for the fourth quarter of FY21 for most categories.

31 Dec 2020

Will Vedanta be lucky in race for Essar Steel?

Initially, while rival bidders had raised questions about Vedanta’s environment, illegal mining and human rights track record, lenders went ahead with Vedanta’s offer.

07 Oct 2018

Going back on gold import curbs will be counterproductive, warns WGC

The gold import bill stood at $3.6 billion in August 2018, up from $1.89 billion last year.

20 Sep 2018

Infosys to sell Panaya, buy US-based digital agency WongDoody

Infosys said on Friday that it has initiated the process of identification and evaluation of potential buyers for three of its subsidiaries.

14 Apr 2018

Pre-2016 home loans may become cheaper from April 1, courtesy RBI

With RBI deciding to harmonise the methodology of determining benchmark rates, interest rates are likely to come down once banks decide to follow the diktat.

12 Feb 2018

India Inc hails rural focus but takes budget with a pinch of salt

Budget 2018-19 evoked mixed reaction from India Inc.

02 Feb 2018

Small depositors hit across nation as banks slash savings rate

At a time when banks are flooded with surplus liquidity, margins get squeezed and credit growth continues plunging, more banks are likely to slash interest rates on savings bank accounts.

06 Aug 2017

Post hikes, hard cash a costly commodity

“It is easier to rob by setting up a bank than by holding up a bank clerk,” German poet and playwright Bertolt Brecht once said. Many might be inclined to say the same on escalating bank transaction c

06 Aug 2017

India’s GST in line with global trends

After 26-years of debate over its potential merit and shortcomings, India is scheduled to combine more than a dozen levies into ‘one nation, one tax’ on July 1.

19 Jun 2017