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The Economic Times
The Economic Times Centre used capex to build quality infrastructure: FM Nirmala Sitharaman
Sitharaman said the share of capex in overall expenditure went up to over 21% in 2023-24 as against just 12% in 2013-14 during the UPA regime, when infrastructure development remained grossly neglected.
The Economic Times India overtakes Australia, Japan and Singapore in data centre capacity, gets $40 billion funds
India has emerged as the data center leader in the Asia-Pacific region (excluding China), surpassing countries like Singapore, Australia, South Korea, Japan, and Hong Kong in installed capacity. With 950 MW of installed capacity and an expected addition of another 850 MW by 2026, India is set to solidify its position in the data center business. The country's favorable market conditions are attracting multinational corporations seeking to expand their digital services. Investments in India's data center industry have exceeded $40 billion between 2018 and 2023, with significant commitments from global and domestic investors.
The Economic Times Power Finance Corporation Appoints Sandeep Kumar as New CFO
The Economic Times Varun Beverages appoints Rajesh Chawla as new CFO
Rajesh Chawla named as the new successor of Lalit Malik in CFO role for Varun Beverages Limited.
The Economic Times Clover Infotech appoints Harsh Jain as Chief Financial Officer
Harsh brings over two decades of extensive experience and proven expertise in corporate finance. He joins the role from his previous position as Vice President of Finance at Clover Infotech.
The Economic Times Astute Corporate Finance: Raising Capital in Volatile Markets for Sustainable Growth
Amidst global economic turbulence, Sumit Maheshwari, Group CFO of Asian Energy Services Ltd., provides expert guidance on capital raising strategies for sustainable growth in volatile markets.
The Economic Times The Role of CFOs: Strategic Financial Leadership in Growing Steel Industry
In his insightful article, Deepak Goyal, Group CFO of APL Apollo Steel Tubes Ltd, delves into the indispensable role of financial leadership in propelling the growth and resilience of India's burgeoning steel industry.
The Economic Times NCLAT lifts lien on IL&FS Transportation
NCLAT orders lifting of lien on ITNL's account, deeming Maharashtra tax department's attachment contrary to previous decision. PNB seeks interim distribution of Rs 12 crore from ITNL's account towards debt, allowing IL&FS board to consider fund distribution.
The Economic Times DHFL scam: After CBI arrest, Dheeraj Wadhawan sent to judicial custody for Rs 34,000-crore bank fraud case
Former DHFL director Dheeraj Wadhawan was arrested by the CBI in connection with a Rs 34,000-crore bank fraud case. He was charge-sheeted in 2022, produced before a special court in Delhi, and sent to judicial custody. Wadhawan was earlier arrested in the Yes Bank corruption case and is linked to the biggest banking loan fraud in India.
The Economic Times Indian companies likely to use existing AI models to leverage their data: Intel executive
Santhosh Viswanathan, vice president and managing director for the India region at chipmaker Intel, said the Indian market was at an “inflection point” with digitisation being a fundamental change and accelerant for the economy.
The Economic Times China may dump EVs, batteries into India with higher US tariffs: GTRI
GTRI warns of China dumping in India due to US tariffs. India can gain from higher duties on medical items. Trade with China surpasses that with the US. GTRI advises vigilance by Indian trade authorities, ramping up production for US market exports.
The Economic Times Cipla promoters to sell up to 2.53% for Rs 2,637 crore
The move, days after the company posted its best annual results, has triggered speculation that more such transactions could be in the offing. The collapse of the $7 billion sale last year after lengthy negotiations had reportedly led to divisions within the family, according to people with knowledge of the matter.
The Economic Times Boom in e-commerce opens door for multiple jobs at all levels
The e-commerce industry is booming due to increased smartphone and internet access, offering a plethora of job opportunities. Evolving consumer behavior and technology advancements are driving this growth, with a projected surge in India's online consumer base. The sector demands a wide range of skills, from tech-related roles to digital marketing and content creation.
The Economic Times Tax incentives can help enhance adoption of sustainability manufacturing: Experts
Financial incentives like tax breaks and subsidies can boost the adoption of green manufacturing practices. Experts emphasize the need for sustainable supply chains and investments in energy-efficient technologies. Companies are increasingly focusing on sustainability, with Indian firms leveraging sustainable loans and investing in recycling.
The Economic Times Indian economy projected to expand at 6.6% in FY25, says Moody's
The agency highlighted that strong credit demand, fueled by robust economic growth, will bolster the profitability of the Non-Banking Financial Company (NBFC) sector.
