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The Economic Times Supporting entrepreneurship and ease of doing business critical for India's growth: Nilesh Shah

The Managing Director of Kotak AMC attributed India’s growing global appeal to improvements in infrastructure, financing, and manufacturing capabilities.

The Economic Times Adani Group most attractive among India corporates: Nomura report

The Adani Portfolio of companies appear "most attractive" among Indian corporates, according to Japanese brokerage Nomura, as other Indian corporates stay at "expensive levels" compared to the Group companies.

The Economic Times Mapping new heights: India's geospatial market to reach Rs 25,000 crore by 2025

India’s geospatial market is set for explosive growth, fuelled by technological innovations and increasing demand across key sectors. India Geospatial Market Outlook 2024, a knowledge paper published by Geospatial World, recently forecast increased adoption of geospatial technologies across industries here.

The Economic Times Race for GCCs now in heightened state(s)

Several Indian states are vying to attract global capability centres (GCCs) by offering incentives and developing infrastructure. Uttar Pradesh, Madhya Pradesh, Telangana, and Andhra Pradesh are drafting policies to compete with established hubs like Bengaluru and NCR. These states aim to leverage their strategic locations, young workforce, and emerging sectors like AI and cybersecurity to draw multinational investment.

The Economic Times India to become USD 30 trillion-economy by 2047: Union Minister Pradhan

Union Education Minister Dharmendra Pradhan projected India's economic growth to USD 30 trillion by 2047. He stated India's current position as the fifth-largest and fastest-growing economy, anticipating its rise to third place within three years, reaching USD 5 trillion.

The Economic Times IBC under scrutiny: RBI's Rao urges better oversight for creditors’ committees

RBI Deputy Governor M Rajeshwar Rao advocated for a mandatory code of conduct for the Committee of Creditors (CoC) in insolvency resolutions. He highlighted issues like prioritizing individual interests over collective ones and disagreements over valuation and distribution. Rao suggested empowering the IBBI to enforce these norms and emphasized the deterrent role of insolvency processes.

The Economic Times NCLT asks two Tata NBFCs to seek merger nod from stakeholders

The National Company Law Tribunal (NCLT) has directed Tata Capital and Tata Motors Finance to hold shareholder and creditor meetings. The meetings aim to secure approval for the proposed merger of the two Tata Group non-banking finance companies. The companies believe the merger will create growth opportunities and combine expertise.

The Economic Times Rate cut in Feb '25; muted growth expected on the back of low investments: Economists

The Reserve Bank of India in its lastest MPC meeting kept the repo rate unchanged at 6.5 per cent for the 11th consecutive time with a neutral policy stance. The RBI has further projected FY25 growth at 6.6 percent, down from 7.2 percent. Will growth rebound amid inflationary pressures? What risks and drivers will define the road ahead? Inflation stickiness and potential rate cuts, how will they shape strategies? Top Economists answer these and more, here's what they said:

The Economic Times Sebi warns investors against unregistered online platforms offering unlisted debt securities

Sebi cautioned investors against using unregistered online platforms offering unlisted debt securities. These platforms operate outside Sebi's regulatory purview, lacking investor protections. Investors are urged to use platforms operated by registered stockbrokers and report suspicious activities to Sebi. BSE also warned against schemes offering guaranteed stock market returns.

The Economic Times Reverse flip in cart, Flipkart plans IPO delivery in 12-15 months

Flipkart, India's leading e-commerce giant, is gearing up for a landmark IPO within the next 12-15 months. The Walmart-owned company has initiated the process by shifting its domicile to India, aiming for a public listing by late 2025 or early 2026. ET was the first to report on May 13 about Flipkart’s plans to move its parent company back to India.

The Economic Times 66 pc businesses surveyed paid a bribe in the last 12 months

A recent survey revealed a concerning bribery issue. 66% of businesses across 159 districts admitted to paying bribes. 54% felt forced, while 46% paid to speed things up. Bribery occurred despite computerization efforts. Businesses paid bribes to various entities, including government departments. The survey indicates a decrease in bribery instances and amounts compared to the previous year.

The Economic Times SpiceJet reduced its workforce significantly in FY24

SpiceJet significantly downsized its workforce in FY24, while increasing the proportion of employees earning above minimum wage. Despite revenue decline and increased lease costs, the airline narrowed its net loss and achieved positive EBITDA. A QIP raised funds to revive grounded aircraft, aiming for a 100-plane fleet by 2026.

The Economic Times Companies whose HY25 profits surpassed FY24 levels beating slowdown

Eight BSE 200 companies, including Bharti Airtel and Zomato, exceeded their full-year FY24 profits in just the first half of FY25. Factors contributing to this success include revenue growth, lower input costs, and improved operating cash flows. Several companies like Dixon Technologies and Zomato saw substantial revenue increases, while others like Vedanta benefited from lower taxes.

The Economic Times Adani’s troubles may give India Inc. a breather

Gautam Adani, facing US bribery charges, sees his vast empire-building challenged. Rivals in cement and energy anticipate shifts in the competitive landscape. The case may slow Adani's expansion, impacting India's solar industry and potentially reshaping power distribution models.

The Economic Times Adani's solar contract has tariff lower than competition, can find new buyer: Analysts

US authorities have charged Adani Group Founder-Chairman Gautam Adani and others for being part of a scheme to offer USD 265 million bribe to Indian officials to gain a contract to supply 8 gigawatt of electricity generated from solar energy by Adani Green Energy Ltd (AGEL).

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