Tata Sons’ conversion and its article of association

Tata Sons’ conversion and its article of association Much has been written about the National Companies Law Appellate Tribunal (NCLAT) order dated 18 December, reinstating Cyrus Mistry as executive chairman of Tata Sons. There are several questions being raised about this purchase. This opinion piece does not actually seek to counter views or analyze the […]

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Pakistan govt needs removal of ‘mentally unfit’ estimate after Pervez Musharraf verdict

Pakistan govt needs removal of ‘mentally unfit’ estimate after Pervez Musharraf verdict Islamabad: Furious over a special court’s verdict to drag Gen (retd.) Pervez Musharraf’s corpse to the Parliament and hang it for three days, the Pakistan government Thursday said that it will proceed to the Supreme Judicial Council to unseat the’mentally unfit’ head of […]

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Now, their fiscal deficit targets could be missed by states .

Now, their fiscal deficit targets could be missed by states . Mumbai: India’s sharp slowdown is endangering the fiscal deficit targets of its states, threatening to unravel progress made over the past few years and driving borrowing costs higher for a few of these. The states have budgeted a combined fiscal deficit target of 2.6percent […]

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Modi govt’s rural roads plot enters third phase but states to fulfill targets that are past.

Modi govt’s rural roads plot enters third phase but states to fulfill targets that are past. Launched by Union Rural Development Minister Narendra Singh Tomar Wednesday, the third phase of the rural road programme, aimed at bringing India’s villages nearer to hospitals, schools and markets, will build 1.25 lakh km of arterial roads across India. […]

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Lenskart to raise more than $275 million from Softbank Vision Fund.

Lenskart to raise more than $275 million from Softbank Vision Fund. BENGALURU eyewear retailer Lenskart is currently increasing more than $275 million including some stake sale from early investors, the company said on Friday. The capital will be used to augment Lenskart’s tech capabilities and to strengthen its supply chain infrastructure, it said, in a […]

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India’s sovereign rating is reaffirmed by fitch Ratings, keeps outlook

India’s sovereign rating is reaffirmed by fitch Ratings, keeps outlook Fitch Ratings on Friday reaffirmed India’s sovereign credit rating in the lowest investment grade (BBB-) with stable outlook, holding that India’s rating balances a still strong medium-term growth outlook compared with’BBB’ class peers and relative outside resilience. Rating agency Moody’s Investors Service had revised India’s […]

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