Margins of banks to moderate in FY25 and FY26, to rebound in FY27: Report

Jun 25, 2025

Declining interest rates are not favourable for banks' net interest margins in the short term. According to a report by PhillipCapital, the net interest...

Fitch lower risks for credit metrics of Indian oil marketing firms

Feb 16, 2021

Mumbai (Maharashtra) [India], February 16 : The sustained strength of marketing margins and recovering demand for petroleum products is supporting the profitability of India's...

Saudi Arabia's Alfanar completes 100 pc acquisition of wind turbine OEM Senvion India

Jul 08, 2021

New Delhi [India], July 8 : Saudi Arabia-based Alfanar on Thursday announced its entry into Indian energy sector through 100 per cent acquisition of...

BTL EPC LTD and VST Tillers Tractor Ltd announce Strategic OEM Tie-up

Dec 17, 2020

Kolkata (West Bengal) [India], December 17 (ANI/NewsVoir): BTL EPC LTD. (Shrachi) Kolkata, one of the foremost players in power tiller, weeder and allied industry...

Global container port congestion squeezes operators' margins: Fitch

Aug 02, 2021

London [UK], Aug 2 : Global container port congestion has increased port operators' costs and put pressure on their margins, Fitch Ratings has said.

Indian Coast Guard, Swedish marine engine maker discuss steps to strengthen 'Make in India'

Feb 17, 2024

The Indian Coast Guard has persistently aimed at the indigenisation of spares for foreign-origin equipment installed onboard ICG ships in partnership with Original Equipment...