Kolkata: Bata India said it has ‘always explored possibilities of tie-ups’ a day after its stock jumped more than 5% over buzz of a strategic deal with Adidas. The footwear giant already has international alliances with global majors such as US giant Hush Puppies. Speculation of a collaboration with the German sports and lifestyle major was also fuelled by the fact that Bata India is now giving a disproportionate thrust on sneakers for growth in the Indian market — in line with the global trend of casualisation. The...
Mumbai: The Reserve Bank of India has said that banks and finance companies cannot impose penal interest rates for non-fulfilment of loan conditions;...
Mumbai: The Adani family on Wednesday sold shares worth over Rs 8,700 crore ($1.1 billion) in Adani Power through secondary transactions. About half...
Mumbai: RBI governor Shaktikanta Das has urged the International Monetary Fund (IMF) and World Bank to ‘expeditiously’ re-evaluate their lending practices to stressed...
Mumbai: Finance Minister Nirmala Sitharaman said that after decades of integration, the global economy is witnessing unravelling multilateralism. She called for strengthening the...