businessline on LinkedIn: Craftsman Automation’s FY25 roadmap: Capex of ₹500 crore and fundraise… (2024)

India’s expenditure on foreign aid and grants has been down sharply since FY20, according to data from the Ministry of External Affairs. More about it in this video | By Parvathi Benuhttps://trib.al/0A1FioR

"Asset Reconstruction Companies (ARCs) should follow transparent and non-discriminatory practices in line with the comprehensive fair practice code (FPC) put in place by the Reserve Bank of India," -M Rajeshwar Rao, Deputy Governorhttps://trib.al/3VQ3exD

“Capital market reforms have been one of most successful interventions of the government in the last three decades. We are at a point where we need to repeat this. So capital market reforms 2.0 has to be thought of and what kind of debt market is needed. This has to spring from a bottoms-up exercise, figuring the investment needs,” V. Anantha Nageswaran, Chief Economic Advisorhttps://trib.al/diPanl6

"India is looking at forming an iron-ore beneficiation policy, whereby low-grade ore would be upgraded to higher variants,"-Nagendra Nath Sinha, Steel Secretary https://trib.al/Zc3Q13x

India’s poultry exports touched a record $184.58 million (₹1,530 crore) during the 2023-24 financial year on demand for products such as eggs and egg powder from countries such as Oman and Sri Lanka.https://trib.al/g4GeaIn

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“In the present geopolitical situation, the cargo through Chabahar is likely to be consistent with a growing trend in the future,”-Sarbananda Sonowal, Union Minister of Ports, Shipping and Waterwayhttps://trib.al/PBVXUtR

According to ICRA, The National Company Law Tribunal (NCLT) approved a record 269 resolution plans under the Insolvency and Bankruptcy Code (IBC) in FY24, surpassing the previous high of 189 cases in FY2023https://trib.al/cgiOwa7

“Whether they (OTT players) will be regulated or not, who will regulate them under what law, all that will be separately discussed...the regular mechanisms for OTT communications services,” -Anil Kumar Lahoti, Chairman, TRAIhttps://trib.al/La3H36q

India’s expenditure on foreign aid and grants has been down sharply since FY20, according to data from the Ministry of External Affairs. More about it in this video | By Parvathi Benuhttps://trib.al/GQFM9Sb

Capital market regulator SEBI will soon allow mutual fund schemes to invest in overseas MFs and Unit Trusts that invest certain portion of their assets in the Indian securities. Read on for further details.https://trib.al/KJfdPCW

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