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Mahindra & Mahindra Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 144838.15 Crore) operating in Auto sector.

A statement issued by Eureka Forbes said Pota will lead the management team to continue scaling the business, solidifying Eureka Forbes’ market leadership position, and delivering innovative products for a growing customer base. He will join Eureka Forbes on August 16, 2022.

To be sure, India’s widening trade gap has also caused the rupee to lately slide to lifetime lows against the US dollar, exacerbating the threat of imported inflation in a country that relies on overseas shipments for meeting nearly four-fifths of its annual motor-fuel demand. A greater global trade share for the rupee will help the central bank preserve its foreign exchange stockpile, dealers said.

HCL Tech, National Standards , Sterling & Wilson Renewable Energy, Delta Corp and Anand Rathi Wealth are among the company that will announce their quarterly earning for the quarter ended June 2022.

After shrinking for several years, corporate credit hit a seven-year high in May as India Inc firmed up capital expenditure plans. Demand from the corporate segment is picking up as many sectors have seen de-leveraging and banks now see the potential for lending again to large corporates.

Regulatory clampdowns and legislative changes are likely to expose the governance fault lines of the companies in the sector. Investors in the sector need to be cognisant of these emerging risk factors.

Deloitte-backed RP Nirav Pujara has admitted ₹1,356 crore by way of claims from financial creditors. Sagar Cements would have to shell out more if it were to acquire Andhra Cements outside the ambit of the Insolvency and Bankruptcy Code, one of the persons cited above said.

"We know inflation is being driven by supply constraints, and China is an important factor," Haworth added. "And (the Macau shutdown) threw a cold blanket on the market this morning."

“We are not going to refile for IPO as of now as the market situation is not conducive for the lenders. The full benefits of new central bank pricing deregulation and credit harmonization will reflect in this business year,” Arohan Managing Director Manoj Kumar Nambiar told ET.

The move, which is still in a preliminary stage of discussion, can help investors avoid a herd mentality that has been particularly witnessed during the last couple of years - starting with large-scale selloffs when the pandemic hit the world in early 2020, followed soon by a sharp surge in buying of stocks without understanding the fundamentals and largely on account of get-rich-quick stories and then subsequent losses.