In a bid to boost manufacturing and shore-up job creation, the government announced the expansion of the production linked incentive (PLI) scheme to the textile sector. Amit Agarwal, Group CFO of Raymond said that the scheme will bring importance to the sector.

Oil prices have rallied more than 26 percent to 13-month highs in both Brent and WTI since the start of the year. In our special segment, ‘Hunt For Value’, we take a look at how Q4FY21 is looking like and how are valuations shaping up for the oil and gas space. Dayanand Mittal, Oil & Gas, Telecom Research Analyst, JM Financial Institutional Securities helped analyse the situation.

 Airtel said this is the first-ever dual-tranche US dollar bond issued by the company spread across senior and perpetual issuance. ”This is the largest issuance by any Indian Investment Grade issuer since January 2019,” Airtel said in a statement.

Mahabaleshwara MS, Managing Director and Chief Executive Officer, Karnataka Bank, on Thursday termed lifting of the embargo on the grant of government businesses to private banks a "citizen-friendly decision". He believes this is going to be a "game-changer" in the Indian banking sector.