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The Economic Times
The Economic Times L&T eyes aerospace expansion to ride India's $44 billion private space market push
INDIA-SPACE-L-L&T eyes aerospace expansion to ride India's $44 billion private space market push
The Economic Times Cipla shares zoom nearly 10% as USFDA classifies Goa facility for voluntary action
Cipla's shares surged 9.8% after the USFDA classified its Goa facility inspection as Voluntary Action Indicated (VAI), allowing for critical drug launches, including the Abraxane generic. Over the past year, the stock has risen 28.26%, with a 23% increase this year, despite a recent 7% decline.
The Economic Times Swiggy's $1.3 billion listing battles curse of blockbuster IPOs in India
Traders hope Diwali boosts stocks, while Nifty faces its worst monthly drop in four years. Swiggy’s IPO shows tepid enthusiasm, mirrored in Zomato’s recent decline. Options traders are preparing for post-US election volatility. October car sales data may disappoint, with Nomura predicting weak growth. Adani bonds excel, recovering from last year's setback.
The Economic Times Indian stocks continue to register losses; Sensex slips over 500 points
Stock indices settled substantially lower Thursday, with foreign portfolio investors (FPIs) continuing to offload their assets in India lately, coupled with lower-than-expected July-September earnings of India Inc.
The Economic Times India-Saudi Arabia strengthen trade ties at 2nd ministerial meeting of economy and investment committee
Union Minister Piyush Goyal and Saudi Arabia's Minister of Energy, Prince Abdulaziz bin Salman Al Saud, co-chaired the second Ministerial Meeting of the Economy and Investment Committee under the Saudi-India Strategic Partnership Council (SPC).
The Economic Times Are India's consumption hiccups signalling stress?
India's urban middle class is cutting back on spending due to inflation and unemployment, revealing weakness in urban demand for the second consecutive quarter. Major companies like Hindustan Unilever and Reliance's retail unit have reported softer consumption, impacting their earnings and the broader economic outlook.
The Economic Times Payments firms slash cashbacks, incentives on funding drought
Consumer payment companies like PhonePe, Paytm, Amazon Pay, and Cred have significantly reduced their marketing expenditures and customer incentives, reflecting a maturing digital payments market in India. This trend indicates a shift from aggressive customer acquisition strategies to a more sustainable approach focused on profitability.
The Economic Times Silver lining amid funding winter: IT firms acquiring Indian startups, smaller firms
Most of them are making acquisitions to strengthen their capabilities so that they do not miss out when technology spending, especially in discretionary spends, returns, say analysts.
