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The Economic Times India Inc braces for revenue uncertainties in Q1 on slow govt spending, monsoon onset: Icra

Corporates are preparing for revenue uncertainties in the April-June period due to a slowdown in government spending and the onset of the monsoon season, as reported by domestic rating agency Icra. Sequential revenue growth is expected to taper in the first quarter of the fiscal, with a 6.

The Economic Times BPCL may invest Rs 1,400 crore in green aviation fuel units

State-run Bharat Petroleum Corp (BPCL) is speculated to set up sustainable aviation fuel (SAF) units at its three refineries. This plan will help support the government's 1% blending target. For the said project, the company will invest up to Rs 1,400 crore in setting up these facilities.SAF is produced from various sources such as agricultural waste, fats, used cooking oil, or non-food crops.

The Economic Times Subsidy allocation likely to stay at Interim Budget mark of Rs 4.1 lakh crore

The Centre aims to reduce the fiscal deficit to 5.1% of GDP, with allocations for food and fertiliser subsidies slightly lower than previous estimates. Plans include reducing dependency on imports for better fertiliser subsidy management.

The Economic Times Peak XV, Steadview, and Think Investments line up to fund jewellery retailer Bluestone in pre-IPO round

Jewellery retailer Bluestone is in talks with Peak XV Partners, Steadview Capital, and Think Investments for a $100 million pre-IPO round. The investment is expected to value Bluestone at around $900 million pre-money.

The Economic Times Vi dials lenders for Rs 23,000 cr term loans, seeks Rs 10,000 cr in bank guarantees

Vodafone Idea (Vi) proposes borrowing Rs 23,000 crore in term loans and seeks Rs 10,000 crore in bank guarantees to enhance its telecom infrastructure and compete with Reliance Jio and Airtel.

The Economic Times Vivo set to open Rs 3,000 cr India facility in July

Vivo’s new unit is spread over 170 acres in Greater Noida, and compares with Samsung’s own mobile phone manufacturing plant — the country’s largest — which was inaugurated in 2018 and also has a capacity to manufacture 120 million units a year.

The Economic Times Fitch raises India's FY25 growth forecast but isn't that optimistic about global growth

Fitch Ratings on Tuesday raised India's growth forecast to 7.2 per cent for FY25. Meanwhile, the global growth forecast has been revised downwards.

The Economic Times Coca-Cola offers a $1-billion swig to India Inc families

Coca-Cola India is seeking to sell a minority stake in its subsidiary, Hindustan Coca-Cola Beverages, following PepsiCo's model of outsourcing bottling operations to Varun Beverages Ltd.

The Economic Times Advance tax numbers bring cheer to the economy

Advance tax collection in FY till June 15 surged 27.6% to ₹1.48 lakh crore, with ₹1.14 lakh crore as corporate tax and ₹34,362 crore as personal income tax, indicating a strong economy and corporate performance.

The Economic Times French co Mazars plans to grow India staff strength to 6,000, aims to be among top six audit firms

Mazars aims to become one of the top six auditing firms in India by 2030 as it looks to quadruple its existing staff in the country. In an exclusive interaction with ETCFO Bharat Dhawan, Managing Partner at Mazars in India reveals their ambitious growth plans, strategic mergers, staffing challenges, and expectations from the new government.

The Economic Times Fortis, Apollo, Medanta, and Max lead the charge in bidding war for Jaypee Healthcare

Fortis Healthcare, Apollo Hospitals, Medanta, and Max Healthcare are among companies interested in acquiring Jaypee Healthcare, a subsidiary of Jaypee Infratech in Noida with a total debt of about Rs 1,000 crore.

The Economic Times Foreign investors return to Indian markets with investment of Rs 2743 crore

Foreign portfolio investors (FPIs) have returned to the Indian equity markets, with a net investment of Rs 2,743 crore on Friday. Despite this positive development, the overall net investment by FPIs remains negative.

The Economic Times PwC India expects upswing in small, mid-size M&A transactions

PwC India anticipates an upswing in India markets, especially in small to mid-size M&A transactions and growth fundings. Sanjeev Krishan highlights diverse M&A strategies, PE investment trends, and top deals. The firm aligns with India's 'Viksit Bharat' agenda and emphasizes emerging technologies and ESG integration.

The Economic Times Lenders made better recovery in large IBC cases: Official data

Lenders recovered 33.2% of claims from large stressed firms under the Insolvency and Bankruptcy Code. Factors such as realisable asset values, liquidation processes, and the rescue of bankrupt firms influence recovery rates.

The Economic Times Finance minister to meet economists, farm bodies for pre-Budget talk

Promises made in the interim budget may get a concrete shape with more specific allocation, sources said.