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19th Feb 2022
When the Indian unit of the Swiss headquartered Nestle announced its quarterly results during the week, the one theme that stood out was the pressure on input costs. Nestle is not alone, because FMCG companies across the board including the likes of
On 17th February, the Ministry of Power has notified the first phase of the National Hydrogen Mission policy with focus on green hydrogen and green ammonia. The idea is to boost the production of hydrogen and ammonia using renewable energy. There are
18th Feb 2022
Amidst the urgency to push through the LIC IPO in the current fiscal year, the government is also planning to trigger off its stake sale in IDBI Bank. In the last few years, IDBI Bank was touted as the first big experiment by the government to undert
Avenue Supermarts, the company that owns the popular D-Mart chain of retail outlets, has had a rating affirmation by CRISIL. In fact, CRISIL Ratings has reaffirmed its rating on the bank facilities and commercial paper of Avenue Supermarts at 'CRISIL
On 16-February, the US Federal Reserve announced the all-important minutes of the Federal Open Market Committee (FOMC) meet held on 25th and 26th January. The broad message was that rate hikes would start from March 2022. However, the Fed has affirme
TCS has recently announced its biggest share buyback of ₹ 180 bn at ₹ 4,500 per share. The company has announced 23rd February 2022 as the record date for the purpose of determining the equity shareholders who shall be eligible to participat
The stock of Tata Motors has suddenly turned chirpy in last few days. On 16th February, the stock rallied by 3% and added another 1.7% on 17th February. That is nothing much to write home about but there is an interesting story building up around Tat
17th Feb 2022
The RBI in its circular stated that the government bond auctions worth Rs.24,000 crore for the week ending on 18-February was being cancelled. This comes just a week after the previous week’s auctions of government bonds worth Rs.24,000 crore were
With the Indian audience becoming increasingly aware of brands and conscious about quality, Colgate Palmolive sees a huge opportunity. It plans to launch Face washes and scrubs in 3 variants viz. anti-acne, hydrating and the brightening range of face
16th Feb 2022
As mobile smart phones become the standard protocol for communication and for internet access and commerce, a new and highly valuable property is emerging. It is the lock-screen on the mobile phone, which can be used for targeted marketing and conten
With the launch of the production linked incentive scheme for the auto industry, there has been a lot of speculation about its overall impact on job creation. Now, there is some clarity that the PLI scheme for auto sector alone could catalyse the cre
Oil has been on a see-saw for the last few days with oil prices falling sharply on Tuesday amidst easing tensions between Russia and Ukraine. After touching a peak of Rs.96/bbl on Monday, the price of crude eased lower to $91/bbl before settling at a
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