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The Economic Times
The Economic Times Former HCL CFO Prateek Aggarwal joins RP Sanjiv Goenka Group as President of Value Creation
Aggarwal has joined the RP Sanjiv Goenka Group as President of Value Creation, following his resignation in September as CFO of HCL Technologies to explore new career opportunities.
The Economic Times Amazon to increase the individual contributor to manager ratio by 15% through layoffs: How many reportees can a manager can effectively oversee?
Amazon plans to cut around 14,000 manager positions by early 2025, potentially saving up to $3 billion annually, as part of a strategy to enhance operational efficiency. So, what is the ideal reportee-to-manager ratio? And what are the factors that an organization should keep in mind while deciding on the right manager-to-individual contributor ratio? Here is all you need to know.
The Economic Times Shapoorji Pallonji Group to merge port holding cos
Shapoorji Pallonji Group is planning to merge SP Imperial Star and SP Port Maintenance, which hold Dharamtar and Gopalpur Ports. Dharamtar has been sold to JSW, while Gopalpur is being sold to Adani. The merger will follow Company Law Tribunal procedures, taking several months to finalize.
The Economic Times US-China trade war escalation may help Indian exports: GTRI
Escalating US-China trade tensions could boost India's exports and attract American investments, as new US Senate bills may shift production away from China. India can leverage this by enhancing its manufacturing sector in electronics, textiles, and other industries, reducing reliance on Chinese products.
The Economic Times Indian venture capital firms are increasingly hiring more women
Venture capital firms like Blume Ventures, Lightspeed India, and Bertelsmann India Investments are actively increasing female representation across their teams. They believe that diverse perspectives lead to better investment decisions and sustainable business growth, with specific recruitment strategies aimed at leveling the playing field for women in the VC ecosystem.
The Economic Times India, EU in negotiations as October deadline on oversight looms
Indian and European regulators are working to resolve clearing house oversight issues. If not resolved by October's end, European banks must set up provisions with Indian custodians. This dispute, triggered by ESMA’s withdrawal of recognition from Indian CCPs, might disrupt significant trading. Talks continue in a constructive manner with potential solutions being explored.
The Economic Times India's forex reserves top $700 billion for first time after seven-week surge
INDIA-CENBANK-India's forex reserves top $700 billion for first time after seven-week surge
The Economic Times RBI appoints Aviral Jain as new Executive Director
As Executive Director, Jain will look after the Legal Department, Premises Department and Right to Information Act (First Appellate Authority).
The Economic Times Unified data highway can unlock USD 3-4 trillion annually for emerging nations by 2030
The report notes that unified data highways (UDH), the next frontier of digital public infrastructure will unlock an economic value of USD 3-4 trillion per annum for emerging nations by 2030.
The Economic Times DPIIT ties up with Johnson Controls-Hitachi to launch startup incubator
The startup incubator is established to support manufacturing-focused startups of select sectors, fostering technological advancements, sustainability, and energy efficiency.
The Economic Times "Optimism around India not a coincidence, but due to reforms": PM Modi at Kautilya Conclave
"This conclave is being organised at a time when there is a war situation in two big regions of the world. Both these regions are very important for the global economy, especially energy security. Amid this big global uncertainty, we are here discussing 'The Indian Era', it shows that today the trust in India is of different level," PM Modi
The Economic Times Public Accounts Committee calls SEBI chief on Oct 24 amid Adani-Hindenburg row
Sources said the unstated convention in parliamentary practice is that chiefs of institutions have to attend parliamentary panel briefings whenever summoned.
The Economic Times CBIC orders immediate de-mapping of retired, transferred officers from GST portal
The CBIC has directed zonal heads to de-map officers from the GST portal immediately after retirement or transfer to prevent unauthorised access. This decision follows a case where an officer sanctioned a fraudulent refund because they were not de-mapped. Supervisory officers will monitor the de-mapping process and report compliance to jurisdictional commissioners.
The Economic Times GST panel deliberates on lowering rate on health insurance, tractors
As the government focuses on GST 2.0 which further eases tax laws, enhance tax simplification and adoption of technology, the ministerial panel tasked to rationalise rates is deliberating on lowering GST on essential items like health insurance and tractors up to 5 per cent.
The Economic Times Umang Dairies CFO Raghav Garg resigns
Garg stated that he is stepping down to explore external opportunities.
