Category: Business

Who is bent upon decimating the Auto Sector in India?

Lalit Shastri Bajaj Auto Chairman, Rahul Bajaj, while addressing shareholders at the company’s annual general meeting last month (July 2019), held the government responsible for falling demand and poor private investments in India. The auto industry is going through a very difficult period. Cars, commercial vehicles, and two-wheelers are going through a rough patch –

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India Licensing Expo 2019: Adarsh is Content Publisher of the Year

Newsroom24x7 Network Bhopal: Aadarsh Pvt Ltd, a children’s education and media company with headquarters in Bhopal – the capital of the central Indian State of Madhya Pradesh, has won Content Publisher of the Year Award at Economic Times Label Awards event, a part of India Licensing Expo in Mumbai. “We are pleased to have won

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Why speculate when Whispersinthecorridors is always first to tell you who goes where

Newsroom24x7 Network   New Delhi: Its not only in the case of the Bureaucracy, Corporate world, Banking sector and the Defence forces that  whispersinthecorridors.com always hits the bulls eye everytime it makes a forecaste but what’s amazing is that this platform is also a concrete source of credible information when it comes to projecting political developments well

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PM Modi, FM & Investment: Can investor confidence be won over a Budget?

Bhagyashree Pande   These are some prominent reasons why private investors continue to be wary of the government. This government would do well to look at the 80’s and 90’s of the 20th Century, when most investments took place in India. What the government in those days did well to inspire investor confidence. For beginners

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Indian Pharma growth in domestic market helps to offset pricing pressure in the US

Newsroom24x7 Network Mumbai/Singapore: Rising revenues in the domestic market helped Indian pharmaceutical companies counterbalance the ongoing pricing pressure on generic drugs in the US in the financial year ended 31 March 2019 (FY19), says Fitch Ratings. The US and India are the two key markets served by Indian pharmaceutical companies, which sell predominantly generic drugs.

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Indian OMCs to continue to be affected by soft margins, Capex

Newsroom24x7 Network Singapore/Mumbai: The financial profiles of India’s three oil-marketing companies (OMCs) – Bharat Petroleum Corporation Limited (BPCL; BBB-/Stable), Indian Oil Corporation Ltd (IOC; BBB-/Stable) and Hindustan Petroleum Corporation Limited (HPCL; BBB-/Stable) – may weaken modestly as gross refining margins are likely to remain soft in the financial year ending March 2020 (FY20) amid increasing

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Shady players, aviation scam and the boom and bust of airlines in India

Lalit Shastri The fate of now closed Kingfisher Airline, Air India’s huge debt burden and the latest grounding of Jet Airways raises several burning questions. The merger of Indian Airlines with Air India and the reckless acquisition of aircraft by these airlines ahead of their merger and many related issues has put the former Union

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Jet Airways is grounded as consortium of lenders refuse to fund critical services

Newsroom24x7 Network Mumbai: Late night this past Tuesday 16 April 2019, Jet Airways was informed by the State Bank of India (SBI), on behalf of the consortium of Indian Lenders, that they were unable to consider its request for critical interim funding. Since no emergency funding from the lenders or any other source was forthcoming,

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All set for Global Entrepreneurship Summit 2019

Newsroom24x7 Network Washington: On November 15, 2018, the U.S. and the Netherlands officially launched the upcoming 2019 Global Entrepreneurship Summit, which is scheduled to be held in The Hague, Netherlands on June 4-5, 2019. The Global Entrepreneurship Summit (GES) is the preeminent annual gathering that convenes entrepreneurs, investors, and their supporters globally. An estimated 20,000

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Anandam Warehouse: It adds to your advantage

Warehouse with a difference The 270,000 sq feet fully-equipped warehouse built at Mandideep near Bhopal in central India by Anandam International keeping in focus global standards is also a truck hub. We are in close proximity of small, medium and large industrial units and our facility is situated close to the Mandideep Container Terminal and

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Anandam International is building a global network of warehouses

Anandam International Chairman Ashok Anand, who has been running a highly successful real estate business in Bhopal, took the lead more than 10 years ago and has the credit of setting up a state of the art logistic hub at Mandideep near Bhopal the capital of the central Indian State of Madhya Pradesh, has embarked

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Anandam International – Pioneering a global warehouse hub

Newsroom24x7 Network Ashok Anand, the Chairman and promoter of Anandam International, is pioneering the concept of linking warehouse and logistics facilities across the globe with willing clients . His robust group, Anandam International is in the warehouse and logistics business since 2007. Ashok Anand, who is shortly leaving on a business tour, which will take

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Gurgaon Housing project: Delhi EOW registers FIR against Emaar

Newsroom24x7 Network New Delhi: The economic Offences Wing of Delhi Police today (31 August 2018) registered an FIR against Emaar MGF Land Limited (also called Emaar India), its directors and officials on a complaint lodged by a number of buyers who have alleged that they have been cheated by the company that lured them with

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Foreign Investment, Mauritius route and black money

Lalit Shastri Prime Minister Narendra Modi had promised during the 2014 election campaign that he would bring back the black money stashed abroad by Indian citzens after coming to power. The Modi led Government’s report card on this count draws a blank and people have started asking questions. A lot has already been analysed and

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