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The Economic Times
The Economic Times Tata Motors to accelerate maintenance shutdown amid rising stockpiles, declining sales
Tata Motors advances its annual maintenance shutdown due to high stockpiles and slowing sales across its petrol, CNG, and electric cars. The company aims to align production with demand by reducing output by 15,000 units. September sales were the lowest in 2.5 years.
The Economic Times What India and China may do now after Fed's big decision on policy rates
As the global inflation shock wanes, lower borrowing costs are expected, with the US Federal Reserve and other major economies likely to continue rate cuts into 2025. Despite economic uncertainties, including the US election, central banks worldwide are predicted to adjust rates, focusing on growth over inflation control.
The Economic Times Away from spotlight, healthcare throws big lifeline to IT sector
India's IT companies have found a resilient growth engine in healthcare. This contrasts with the sluggish performance of financial services, retail, and hi-tech, which have faced headwinds for nearly two years.
The Economic Times Big IT expects growth momentum to continue in September quarter
India’s software service providers will report their July-September quarter results in the coming week, and analysts expect them to be better than the first quarter on the back of deal revival and an improvement in business sentiment in North America.
The Economic Times NCLT president seeks more manpower to speed up bankruptcy cases
Amid delays in case admissions under the insolvency law, NCLT President emphasised the need for more manpower. Financial institutions file voluminous documents, complicating legal interpretation. There is a need for reforms and quicker admissions to strengthen India's insolvency and bankruptcy system and support economic growth.
The Economic Times Philips appoints Charlotte Hanneman as CFO, first top female exec in 133-year history
Charlotte Hanneman, joining Philips from Stryker, will succeed Abhijit Bhattacharya, the CFO and member of Philips' Board of Management and Executive Committee since 2015.
The Economic Times Zoom names Michelle Chang as CFO
Michelle Chang joins Zoom from Microsoft, where she most recently held the role of Corporate Vice President and CFO of the Commercial Sales & Partner Organisation.
The Economic Times GST collections grow 6.5% YoY for September at Rs 1.73 Lakh Cr
GST Collections for the month of September grew 6.5% year-on-year at Rs 1.73 Lakh Crore while it witnessed a dip compared to Rs 1.74 Lakh Crore in August 2024. Maharashtra recorded the highest GST collections, registering a collection of Rs 26,369 crore, a 5% increase compared to September 2023.
The Economic Times EverEnviro appoints Shiva Kumar as CFO
With over 25 years of experience, Shiva Kumar has worked across sectors such as hospitality, real estate, IT & ITES, and manufacturing in general management, corporate finance, financial structuring, and risk management.
The Economic Times GST collections grew 9.5% YoY for September at Rs 1.73 Lakh Cr
GST Collections for the month of September grew 9.5% year-on-year at Rs 1.73 Lakh Crore while it witnessed a dip compared to Rs 1.74 Lakh Crore in August 2024. Maharashtra recorded the highest GST collections, registering a collection of Rs 26,369 crore, a 5% increase compared to September 2023.
The Economic Times ACKO names Nitin Sood as Group CFO
A Chartered Accountant with over 26 years of experience in corporate finance, consulting, and leadership, Nitin previously held the position of CFO at PVR INOX.
The Economic Times India Inc sees 2.2 credit upgrades for every downgrade in H1 FY25: ICRA
The upgrades were backed by stronger profits, successful project completions, and lower input costs, despite a 160 bps rise in borrowing costs. Amongst all the sectors, Hospitality performed the best after rebounding from Covid while Textiles & Apparels and Chemicals & Petrochemicals experienced overall downgrades.
The Economic Times AI is Revolutionizing Business Operations, and Finance Is No Exception
The CFO roundtable, “Hopping on the AI Express,” organized by ETCFO and Oracle NetSuite, featured industry leaders discussing AI’s transformative impact on finance efficiency, decision-making, and risk management for growing businesses.
The Economic Times India's Manufacturing PMI drops to 8-month low at 56.5 in September
India's Manufacturing PMI dropped to 56.5 in September, an eight-month low, as growth slowed across key segments amid fierce competition. While inflation eased, input costs rose and profit margins tightened. Job creation slowed, and business confidence fell to its lowest level since April 2024.
The Economic Times Bridging the Adoption Gap: 4 Leaps for Successful Digital Transformation
In "Bridging the Adoption Gap: 4 Leaps for Successful Digital Transformation," SVenkat and CFO Amit Kikani explore essential strategies for fostering user adoption in transformative digital initiatives.
