While healthcare and technology gain from a depreciating rupee, retail and consumer durables could benefit as consumption is expected to see a pick-up as retail inflation subsides in the coming quarter.
Ashok Hinduja backs IndusInd Bank board amid fraud concerns, calls it a ‘new dawn’ for the lender
IndusInd International’s Ashok Hinduja backed the bank’s leadership after suspected internal fraud surfaced. He praised swift corrective action, regulatory compliance, and reaffirmed IIHL’s financial support.