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The Economic Times
The Economic Times Delhi HC sets aside order upholding arbitral award in favour of Kalanithi Maran and against SpiceJet
The Delhi High Court overturned a previous ruling that upheld an arbitral award favoring Kalanithi Maran over SpiceJet, a private carrier.
The Economic Times India stocks set for biggest monthly FII outflows in a year on election risks, China appeal
Global investors have pulled a net $3.5 billion from India’s stock markets so far in May, on course for the biggest withdrawal since June 2023, according to data compiled by Bloomberg.
The Economic Times India needs to focus on manufacturing, achieve greater sophistication: Nirmala Sitharaman to Indian Inc
Finance Minister Nirmala Sitharaman flagged the need for India to boost its manufacturing sector to achieve self-reliance and increase its share in the global value chain. She highlighted the importance of policy support and sophistication in product manufacturing to attract investment and reduce dependence on China. The minister also discussed the success of the PLI scheme in sectors like telecom and electronics, showcasing India's potential for growth and investment.
The Economic Times India's consumer market likely to double by 2031: FM Nirmala Sitharaman
During the CII Annual Business Summit 2024, the Finance Minister projected that India's consumer market would double by 2031 and anticipated a significant 18% contribution to global growth in the next five years.
The Economic Times Net FDI in India fell 45% in April-February of FY24 to $14.55 billion
FDI inflows into India amounted to $26.69 billion, while outflows were $12.14 billion during April 2023 to February 2024.
The Economic Times Persistent Systems appoints Vinit Teredesai as CFO
Teredesai will assume the position immediately, succeeding current CFO Sunil Sapre, who is slated to retire later this year.
The Economic Times Nucleus Software appoints Surya Prakash Kanodia as CFO
Nucleus Software bolsters its leadership team with the appointment of Surya Prakash Kanodia the CFO
The Economic Times Ola CFO Kartik Gupta steps down two weeks after CEO exit
Kartik Gupta, Ola's CFO since November 2023, is stepping down just two weeks after chief executive Hemant Bakshi left the firm.
The Economic Times Fraud, crypto & wallet: A virtual hold for a real crime
Soon after a transaction by a scammer or the use of a mule account to purchase cryptos is tracked, the virtual digital assets (VDAs) can be moved to the proposed special account which would be under the control of a law enforcement agency (LEA).
The Economic Times ET Explains: What drives inward remittances?
India has been on top of the charts of remittances from its diaspora. In 2022-23 it crossed the $100billion mark to $112 billion and a record $29 billion in the December quarter alone. But will the uptrend continue? An explainer on what drives inward remittances.
The Economic Times Religare moves HC over Sebi 'inaction'
Religare has asked the court to direct Sebi to conduct a forensic audit to unearth the facts behind the grievances raised by it and to submit to the court a detailed report on the actions taken by the capital markets regulator.
The Economic Times Green with Envy: Now ONGC, NTPC arm may bid for Ayana Renewable Power
Oil and Natural Gas Corp (ONGC) is reportedly in discussions with NTPC Green Energy to form a consortium for bidding on Ayana Renewable Power, owned by the National Investment and Infrastructure Fund (NIIF). The enterprise value of Ayana is estimated to be around $2 billion. Other entities like JSW Neo Energy, Sekura Energy, Masdar, Macquarie, and Sembcorp have also shown interest in acquiring a controlling stake in Ayana.
The Economic Times NCLT sets the ball rolling on merger of Reliance's arm Viacom18 and Star India
The merger scheme has two stages: the transfer of Viacom18's TV and streaming assets to Digital18 and the demerger and vesting of these assets from Digital18 to Star India. As consideration for the scheme, Viacom18 will transfer streaming platform JioCinema to Digital18, which will pay the company a consideration of Rs 24,186 crore through an allotment of 24.18 billion fully paid-up shares of Rs 10 each.
The Economic Times Companies incorporated abroad are moving back to India
Businesses that incorporated or shifted their base outside India are moving back home. Indian markets are proving to be ideal for startups in terms of investments as well as ease of business operations, say experts.
The Economic Times India eyes more Chabahar-like pacts: Ports Minister Sarbananda Sonowal
Sarbananda Sonowal, Union Minister of Ports, Shipping, and Waterways, stated that India aims to replicate the Chabahar port model in other strategic locations in the region to acquire additional assets. In an interview with ET, he emphasized that India is actively investigating opportunities to bolster its maritime presence and trade connectivity.
