Imported raw material scarcity hits FMCG firms

Industry officials say the crunch has not only affected manufacturing of edibles but even of items like nozzle pumps and other goods used in packaging. While the Centre has kept the major ports......

PSUs not floating in cash any more

The finance minister is pushing public-sector companies into using their cash pile to kick-start a fresh capex cycle, or lose the cash.The move is being welcomed by capital goods makers. Thermax......

Divestment plans loom over CIL's prospects

Coal India Ltd’s performance during the quarter ended September bore the brunt of lower realisations, which surprised the Street. This, along with higher expenses led to profits being lower......