TVS Group’s family members enter into ‘brand agreement’

Family members of the $8.5-billion TVS Group have executed a brand agreement with respect to the use, adoption, and registration of the firm’s word marks, which include trademarks and related composite marks. These marks include TVS, Sundaram, and several others. They may also contain an additional element other than the word mark, in the form … Read more

Better times await fixed-income seekers

With interest rates bottoming out and the economy picking up, opportunities for higher returns may open up The spotlight has been on stock markets since the Budget presentation and subsequent stock swings have given palpitations to the adventurous. But this Budget had some significant signals for fixed income investors too, which have flown under the … Read more

Bank credit grows by 5.93%, deposits by 11.06%

Bank credit grew 5.93 per cent to Rs 107.05 lakh crore, while deposits rose 11.06 per cent to Rs 147.98 lakh crore in the fortnight ended January 29, RBI data showed. In the fortnight ended January 31, 2020, bank credit stood at Rs 101.05 lakh crore and deposits at Rs 133.24 lakh crore. In the … Read more

Retail inflation at 16-month low, factory output up 1%

Retail inflation slowed to a 16-month low in January on the back of cooling of some food items, while industrial output growth clawed back into positive territory in December, bringing some cheer for an economy battling a record slump due to the impact of the deadly pandemic. Data released by the National Statistical Office (NSO) … Read more

Oaktree, Apollo lead giants betting on stressed India assets

India’s macroeconomic troubles are attracting a new wave of global investors betting they can eke out profits from the rising number of capital-starved businesses struggling to stay afloat. Some global heavyweights like Apollo Global Management Inc. and Oaktree Capital Group have either struck recent India deals or scaled up their teams in the country in … Read more