Kolkata-based, Greenply Industries Limited has announced that company’s board of directors has decided to incorporate a wholly owned subsidiary company of Greenply Industries Ltd in the name of GRE

Lupin Limited, well-established pharmaceutical company, has announced that its Japanese subsidiary, Kyowa Pharmaceutical Industry Co Ltd, (Kyowa) has received approvals for 10 products from the Min

India’s biggest private power company, Tata Power (TPC) has made announcement about the

Fabric and apparel maker Bombay Rayon Fashions Ltd (BRFL) is all set to

Rating agency, Crisil Ltd has lowered its estimation for India’s gross domestic product (GDP) growth for the current fiscal to 8.1 percent from 8.5 percent.

Crisil attributed increasing inflation and interest rates, together with a declining global growth viewpoint for the downward revision of GDP.

In a declaration, the agency said that it anticipates overall growth to remain strong regardless of the moderation, which is driven by investment.

As the existing inflationary prospects are way beyond the RBI’s comfort zone of 4-5-5%, a cut in key interest rates has been rejected, the report said.