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The Economic Times
The Economic Times DLF to invest Rs 8,000 cr to build super-luxury project in Gurugram
DLF plans to invest Rs 8,000 crore in developing a new ultra-luxury housing project in Gurugram named 'The Dahlias'. The project includes 420 premium apartments and is expected to generate Rs 26,000 crore in revenue. DLF aims to meet its sales target of Rs 17,000 crore this fiscal year with this and other upcoming projects.
The Economic Times India’s manufacturing PMI improves to 57.5 in October
This positive trend is driven by robust demand, both domestic and international, as per the S&P Global report. As a result, manufacturers are ramping up production, hiring more staff, and facing rising input costs.
The Economic Times India can say no on trade. Here’s how to get to yes
India aims to reform its free trade strategy, targeting deals with the UK and the EU while addressing past issues. Current trade negotiations are criticized for being outdated and overly defensive. A new approach could enhance India's access to strategic supply chains and modern trade practices, possibly empowering negotiators to achieve more effective agreements.
The Economic Times Festive sales end with a bang, after Rs 1 lakh crore of clicks
Consumer demand for top luxury brands was a highlight of this season. “Demand for premium large appliances grew by 30% over last year, while the fashion and beauty premium portfolio saw an over 400% spike vs business-as-usual (BAU) in categories like watches, fragrance, K-beauty, jewellery, handbags, sportswear, luggage, and kids-wear,” Amazon said in a statement.
The Economic Times Indian telcos get huge discounts on gear as vendors target growth markets
Indian telecom operators like Reliance Jio, Bharti Airtel, and Vodafone Idea have secured network equipment from vendors like Nokia and Ericsson at significantly lower prices. This is due to India's large market and lower ARPU. Despite a sequential decline in revenue, India remains a crucial market for these vendors.
The Economic Times Regular IBC tweaks needed to address bankruptcy challenges, says Corporate Affairs Ministry
The corporate affairs ministry emphasizes continuous refinement of the Insolvency and Bankruptcy Code to address future challenges in corporate restructuring. Planned amendments, including a creditor-led resolution framework and group insolvency mechanism, aim to keep the IBC dynamic and responsive to evolving business landscapes.
The Economic Times Growth may have slipped in rainy Q2 but forecast for fiscal is sunny
India's economic growth slowed to 6.8% in July-September due to reduced consumption and investment amid heavy monsoon rains. Factors like lower diesel and electricity usage, slower vehicle sales, a global slowdown, and geopolitical tensions affected growth. Economists expect overall annual growth to remain robust at around 7%.
The Economic Times AI-driven cyber attacks top risk for enterprises, says report
According to Zachary Ginsburg, senior director, research in the Gartner Risk & Audit Practice, while the upcoming US election generates headlines over the candidates' regulatory, trade and other proposals, organisations have difficulty considering the actual risk implications from the many scenarios that might unfold.
The Economic Times Indian crypto exchanges’ futures trade with foreign peers may test FEMA limits
Local bourses as well as these HNIs believe their trades are kosher — drawing comfort from the fact that the foreign exchanges they are dealing with are registered with Financial Intelligence Unit (FIU). However, they may be unwittingly walking through a minefield of rules on the Foreign Exchange Management Act.
The Economic Times India Inc, employees think green as AQI worsens
Diwali celebrations and stubble burning have worsened air quality in Delhi NCR and Mumbai. Companies like Deloitte, Acer, and DS Group are implementing green measures and flexible working policies, including remote work, air purifiers, and encouraging green transport, to ensure employee safety amidst deteriorating air quality.
The Economic Times Lower sales realisation hit margins of cement manufacturers in Q2 FY25
Industry observers said the increase in sales volume of UltraTech and Ambuja Cements is mainly due to the several acquisitions by both companies that consolidated their position further in the industry.
The Economic Times India needs to create 1 crore jobs annually to sustain 6.5% GVA growth: Goldman Sachs
For this the country needs to incentivise the development of affordable housing, expand IT and GCC hubs into Tier-2 and Tier-3 cities and redirect fiscal incentives to labour-intensive sectors.
The Economic Times FPIs record unprecedented Rs 1.13 lakh crore sell-off in October, remain buyers in cash market
The duality in the behavior of FPIs is explained by Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, stating that the primary market issues are mostly at fair valuations whereas the benchmark indices are trading at elevated valuations.
The Economic Times Sebi proposes doubling the threshold for 'high value debt listed entities' to Rs 1,000 crore
Sebi proposes to increase the threshold for High Value Debt Listed Entities from Rs 500 crore to Rs 1,000 crore to reduce compliance burdens. New measures include a sunset clause for governance obligations, filing governance reports in XBRL format, and harmonising reporting with equity-listed entities. Sebi seeks public comments on these proposals by November 15.
The Economic Times From Reliance to Unilever, firms worried about low consumer demand in India
Consumer companies in India are struggling with declining urban middle-class spending due to inflation and unemployment. Major firms, including Reliance and Hindustan Unilever, have reported weaker demand and challenging conditions. Urban demand growth has been falling for five quarters, affecting key sectors like entry-level cars, fashion, and lifestyle products.
