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The Economic Times
The Economic Times redBus launches Primo for small and medium bus transport businesses to increase revenue
The Primo initiative introduces consumer loyalty programme and operator-centric digital marketing features to make it a seamless journey for small and medium enterprises.
The Economic Times Logistics, EV & EV infra, agriculture & agrochemicals, e-commerce to lead workforce expansion
India's job market is expected to grow. The workforce may increase by 7.1% in late 2024 and early 2025. Logistics, electric vehicles, and tech startups are hiring. Cities like Bengaluru and Mumbai remain job hubs, but Coimbatore and Gurgaon are emerging. Companies need workers with problem-solving and tech skills. Cloud computing and automation are changing how people work.
The Economic Times Goldman Sachs projects India's GDP growth at 6.3% in 2025
Multinational investment bank Goldman Sachs forecasts India's GDP growth to decelerate to 6.3 per cent in 2025, over continued fiscal consolidation and slower credit growth.
The Economic Times Damson technologies inaugurates new manufacturing facility in Ahmedabad
Damson Technologies has opened a new manufacturing facility in Ahmedabad, Gujarat, with an investment of Rs 200 crore. The facility will produce audio products such as TWS earbuds and home entertainment systems, creating around 500 jobs. This initiative aims to boost domestic production, reduce import reliance, and expand the company's presence in both domestic and international markets.
The Economic Times India projected to see 7.1 pc workforce growth in FY25 second half
India will see a promising 7.1 per cent net employment growth rate in the second half of FY25, according to a report on Monday.
The Economic Times IPO pipeline to remain strong; 10 companies aim to raise Rs 20,000 cr in Dec
Education-focused NBFC Avanse Financial Services, TPG Capital-backed Sai Life Sciences, hospital chain operator Paras Healthcare, and investment bank DAM Capital Advisors are among the companies planning to launch their IPOs in December, merchant bankers said.
The Economic Times India fund outflows largest since March 2022; Japan fund flow turns negative
The shift coincides with a surge in US market inflows, where investor sentiment has turned euphoric following post-election results.
The Economic Times 19 agritech soonicorns, 40 minicorns embracing emerging tech for biz growth: RBI
India's agritech sector is experiencing remarkable growth, with 19 soonicorns and 40 minicorns. Investor interest surged, reaching $1.25 billion in 2021. The government is actively promoting agripreneurship and innovation through various initiatives. Emerging technologies like AI and IoT are being widely adopted. Challenges remain in scaling up operations, including funding constraints and fragmented land holdings.
The Economic Times Vodafone Idea misses Rs 350-crore bank guarantee payment; may not face penal action
The next BG for Vi will become due in February. The company is required to submit a total of about Rs 24,700 crore in BGs in the coming months for past auctions.
The Economic Times IIFCL seeks infra tag for space sector; keen to finance satellite vehicles manufacturing: MD
At the same time, he said, "We would like to engage with the space sector in terms of financing the space satellite vehicles manufacturing and other related areas. So, we have requested the government to include the space sector in the harmonized list of infrastructure so that we can be enabled to provide funding to this sector."
The Economic Times COP29 ends with a weak outcome, India rejects the deal calling it an optical illusion
UN climate talks in Baku concluded with a disappointing $300 billion per year climate finance pledge from developed nations by 2035, falling short of the $1.3 trillion demanded by developing countries. India, a vocal advocate for the Global South, rejected the agreement, deeming it a "paltry sum" and criticizing the inclusion of private finance in the commitment.
The Economic Times India emerges as major hub for GCCs
India is experiencing a surge in global capacity centers (GCCs) as companies recognize its potential as a hub for innovation and R&D. Driven by a skilled workforce and cost-effective solutions, GCCs are occupying a significant portion of new office spaces, with US companies leading the way.
The Economic Times US agency conducting due diligence on Adani’s Sri Lanka project
A US agency is reviewing a loan given to an Adani Group company for a port project in Sri Lanka. The agency is conducting due diligence after bribery allegations were made against the Adani Group's founder. The loan, worth over 500 million dollars, was announced last year. It was intended to be the agency's largest infrastructure investment in Asia.
The Economic Times Amazon advances quick commerce delivery code named Tez
Amazon India is gearing up to launch its quick commerce delivery service, codenamed 'Tez,' by late December or early next year. The move will pit Amazon against established players like Blinkit, Zepto, and Swiggy Instamart in India's rapidly growing quick commerce market. The service is expected to initially focus on groceries and daily essentials.
The Economic Times What does BJP-led Mahayuti's win mean for Maharashtra's economy and India Inc?
Maharashtra's Mahayuti alliance has clinched a historic win, securing 230 of 288 seats. What does this decisive victory mean for India's corporate and Maharashtra's economy? Can the BJP's promises, like a USD 1 trillion economy by 2028 and 25 lakh new jobs, withstand fiscal pressures? Read here:
