In this issue

May 05, 2022

LIC's mega share sale subscribed 67% on first day

SUBRATA PANDA

2 mins

FMCG firms'stand against paper straws fizzles out

The six billion plastic straws sold with every small tetra pack of juice, milk, lassi, coffee and other drinks can be replaced by paper straws to protect the environment but it will have to be done in phases.

2 mins

2nd innovation hub in US to strengthen TCS' BFSI play

IT major Tata Consultancy Services (TCS) said during its March quarter (Q4FY22) results that the banking, financial services, and insurance (BFSI) vertical crossed the $10 billion milestone.

2 mins

MIAL raises $750 million debt from Apollo Global

Will be used to finance shorter maturity loans, new capex

2 mins

Hero MotoCorp upbeat on wedding and festive sales

Despite posting weak numbers in the March quarter of the financial year 2021-22 (Q4FY22), two-wheeler market leader Hero MotoCorp said it sees better days ahead thanks to the robust wedding season and a bumper Rabi crop.

2 mins

Nowheat export curb despite production, procurement dip

India will not impose curbs on wheat exports though production is expected to be lower than what was expected.

2 mins

Assets of large-cap, flexi-capfunds fall in April

A correction in Indian equity markets in April has led to a fall in daily assets under management (AUM) for a few equity fund categories.

3 mins

Ambuja Cements acquisition could be LIC's windfall

Acquirer will have to make an open offer

2 mins

LIC's pvt-sector investments up after 16-yr nadir

One of India's largest capital allocators shows a slight difference in trend when it comes to private-sector investments, following the Covid-19 pandemic.

2 mins

Modi in Paris on final leg of 3-nation visit

Prime Minister Narendra Modi arrived here on Wednesday on the final leg of his three-nation European tour during which he would meet French President Emmanuel Macron and discuss issues of bilateral and mutual interests.

2 mins

Read all stories from Business Standard

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