On a day when Fitch downgraded India’s outlook to negative in line with Moody’s, the latter also downgrade the ratings of Tata Motors. Moody’s downgraded the Corporate Family Ratings (CFR) of Tata Motors from Ba3 to B1 and all the ratings which Read more [...]

In the aftermath of the Galwan clash between India and China, India has put its Army, Navy and Air Force on high alert, including guarding the highly sensitive Indian Ocean. China has been making regular forays into the Indian Ocean region and the Navy Read more [...]

Indirect tax collections have dropped sharply in the Apr-Jun quarter, which is hardly surprising in the light of the prolonged lockdown in April and May. Taxes collected till June 15, which is the last day for payment of taxes, was lower by 33% compared Read more [...]

The sage of PE funds investing in Jio Platforms continued this week with TPG and L. Catterton taking a stake in Jio Platforms. While TPG will take a 0.93% stake in Jio Platforms for $598 million, Catterton will take a 0.39% stake for $249 million. Read more [...]