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Top-10 firms lose Rs 2 lakh cr; HUL, Reliance hit hard

Top-10 firms lose Rs 2 lakh cr; HUL, Reliance hit hard

October 27, 2024, 02:55 PM - 2 min read

Last week, nine of the top ten most valued firms in India collectively lost over Rs 2 lakh crore in market capitalization, primarily driven by poor Q2 earnings and ongoing foreign institutional investor selling, with Hindustan Unilever and Reliance Industries experiencing the largest declines, while only HDFC Bank saw an increase in valuation.

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GE Aerospace to increase sourcing of components from India

GE Aerospace to increase sourcing of components from India

September 29, 2024, 12:08 PM - 3 min read

Vikram Rai, South Asia Chief Executive Officer of GE Aerospace, says India is one of the fastest growing civil aviation markets in the world and domestic carriers are expanding their fleets.

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