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The Economic Times
The Economic Times Flipkart’s Big Billion Days logs double-digit growth in topline, customer base: Walmart
The US retailer's chief financial officer John David Rainey says same-day delivery for Flipkart surged 2.5 times during the festive sale. Walmart had reported that its revenue from advertising had increased to 50% because of the ad business of Flipkart.
The Economic Times Wipro chairman says hybrid model helping workforce
While several IT services companies in India had moved to a hybrid working model post Covid, several companies including Tata Consultancy Services (TCS), Infosys and Wipro, have started calling their employees return to office more than before. Although many firms continue to remain flexible.
The Economic Times Global economy to see subdued growth amid geopolitical uncertainty in 2025: Barclays Bank
The global economy faces a challenging landscape in 2025 characterized by subdued growth and heightened uncertainty, according to a report from Barclays Bank.
The Economic Times EV industry seeks GST cuts on batteries, charging services to boost affordability
"We would be making a recommendation to the GST Council to rationalise the GST taxation on EV-related areas," Motwani said. Elaborating on the demands, she noted, "Currently the GST on charging services is still 18 per cent which we would request to bring down to 5 per cent so that charging becomes more affordable to the consumers."
The Economic Times Guidelines for GST reimbursement to handloom weavers soon: Minister
Responding to the queries raised by the members in the assembly on Tuesday, Savitha said that the state govt is committed to ensure employment for handloom weavers all through the year.
The Economic Times Public procurement norms may be tweaked to aid makers under PLI
The govt is considering changes to its public procurement rules to benefit manufacturers participating in PLI schemes. One proposal being evaluated is granting deemed local supplier status to companies that contract manufacturing to PLI beneficiaries. This move aims to boost domestic production and provide greater market access to PLI participants in government procurement.
The Economic Times Havells India to invest Rs 480 cr on new refrigerator manufacturing plant in Rajasthan
Havells India Ltd announced a Rs 480 crore investment to establish a refrigerator manufacturing facility in Ghiloth, Rajasthan. The plant, with a proposed capacity of 14 lakh units, is expected to be operational by the second quarter of FY27. The company aims to leverage backward integration and economies of scale through this investment, funded by internal accruals.
The Economic Times Industrial corridors helping India become global manufacturing powerhouse: DPIIT
Spread across key regions in India, each corridor was strategically designed to integrate industry and infrastructure, establishing world-class connectivity that supports rapid industrialisation.
The Economic Times Frame standard protocol for vehicle seizure in case of loan default: RBI to Banks
The Reserve Bank of India and banks are developing a standard procedure for vehicle seizures when borrowers default on loans. This initiative follows reports of forceful vehicle seizures, including cargo. Banks are internally advising recovery teams to adhere to RBI guidelines. The government emphasizes that borrowers should not face harassment during loan recovery.
The Economic Times Curb your debts to prepare for the next pandemic, Raghuram Rajan tells US
Former RBI Governor Raghuram Rajan has warned against high public debt. He says countries like the US are vulnerable to future crises. Rajan suggests reducing debt to create a buffer. He spoke at the Bancor prize award ceremony in Rome. He also advocated for reforming global institutions and increasing trade.
The Economic Times Creating jobs in manufacturing in the US and India is a study in contrast
Trump and Modi are focusing on manufacturing to boost their economies. However, historical trends suggest that this approach is likely to fail in developed countries like the US. While India has potential in this sector, its progress is hindered by rigid labor laws and excessive holidays, making its workforce less competitive.
The Economic Times ETCFO NextGen: India Inc CFOs, business leaders and experts to deliberate on future of finance
What kind of difference NextGen can make in a CFO's dashboard? Since this question is top on the list of the CFO community, ETCFO is launching its first edition of NextGen conclave. Shiv Shivakumar, former India Chief of Pepsico and Nokia and management thinker, leading CFOs of India Inc and industry experts will participate in the first ETCFO NextGen event on Thursday in Mumbai.
The Economic Times Indian coffee chain Blue Tokai targets three-fold revenue before deciding on IPO
Indian coffee chain Blue Tokai is brewing ambitious plans for expansion. Aiming to triple its revenue by 2027, the company plans to expand its café network to 350 locations within the next three years. While an IPO is a potential future step, Blue Tokai remains focused on organic growth and capitalizing on India's burgeoning coffee culture.
The Economic Times Emerging India Focus Funds settles case with Sebi
Emerging India Focus Funds, an FPI, settled with SEBI for allegedly violating FPI rules. They paid Rs 64.35 lakh for non-compliance with the 'fit and proper' criteria after their controlling shareholder's license was revoked. The violation occurred between October 2022 and April 2023, and a show cause notice was issued in February 2024.
The Economic Times 20.58 lakh new employees enrolled under ESI scheme in Sept as jobs rise in formal sector
As many as 20.58 lakh new employees were enrolled under the Employees' State Insurance Corporation (ESIC) scheme during September this year, reflecting the higher number of jobs being created in the organised sector of the Indian economy, according to data released by the Ministry of Labour and Employment on Tuesday.
