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The Economic Times
The Economic Times Centre okays Rs 700 crore to set up institutes of pharma, medical technology
The Central government has earmarked Rs 700 crore to set up centres of excellence at the National Institutes of Pharmaceutical, Education & Research (NIPER) over the next five years to boost pharma and medical technology in the country.
The Economic Times Hyundai Motor, labour union agree to hire 1,100 new plant workers by 2026
Hyundai Motor and its labour union on Friday reached an agreement to hire 1,100 new manufacturing workers by 2026.
The Economic Times Adani Defence & Aerospace signs pact with Thales to manufacture 70mm rockets in India
The pact aims to establish a global platform leveraging the defence and aerospace capabilities of both companies to bring together their respective product portfolios and cater to the requirements of global and local customers.
The Economic Times Financial sector strong but RBI watchful of emerging risks, says RBI Governor Das
RBI's financial stability report underscores the importance of governance, Basel III norms compliance, and maintaining high CET1 ratios for banks. Monitoring GNPA ratios of public, private, and foreign banks essential for financial system stability and resilience.
The Economic Times India's GDP growth to slow modestly this fiscal year and next: Reuters poll
The forecasts are broadly unchanged from those made before the outcome of an election Prime Minister Narendra Modi was widely expected to win easily. Instead, the BJP lost its sizeable parliamentary majority for its historic third term.
The Economic Times Sebi plans to cut red tape for global funds buying its bonds
Sebi is keen to eliminate many of its information requirements — such as disclosure of investor group and beneficial ownership — as these serve to regulate equity and corporate debt investors. Information required by the RBI and revenue departments would remain unchanged.
The Economic Times Healthcare sector demands incentives and increased allocations in upcoming Budget
"Prime Minister wanted 3,000 hospitals in the tier 3 towns with 100 bed which has not happened. So, we want government should incentivise private sector in terms of cheaper electricity, cheaper land, affordable loan and single window clearences so that these hospitals can be set up," Association of Healthcare Providers of India (AHPI) DG Girdhar Gyani said.
The Economic Times Stanley Lifestyles to double business in next four years; expand in major metros: CMD
Stanley Lifestyles, a luxury furniture maker, focuses on major metros and aims to double business by localizing raw material production through European joint ventures, reducing import dependency.
The Economic Times India set for more global attention as bond inclusion begins
India's government bonds enter JPMorgan's index, attracting billions in inflows, driven by positive economic indicators, high yields, and market performance, positioning India as a top choice for global investors.
The Economic Times HSBC taps metaverse to win business from India’s rich diaspora
HSBC expands offerings for India's affluent diaspora through a virtual bank in GIFT City, leveraging the metaverse. The bank aims to capture a share of the $112.5 billion remittances to India from non-residents. With the hiring of a UBS executive, HSBC eyes the potential $5.5 trillion wealth management industry in India by 2025.
The Economic Times Vodafone Idea's 'big' spectrum spend to help plug user exodus
Analysts added that Vi's spectrum spends of about Rs 3,510 crore - almost 12 times its Rs 300 crore earnest money deposit (EMD) - on the heels of a recent fundraise of about Rs 23,000 crore suggests the telco is preparing for network rollouts and plans to use its fresh 900 MHz spectrum to enhance 4G experience and rein in customer losses.
The Economic Times Gender ratio improves at old IIMs as they take more female candidates
Indian business schools are prioritizing gender diversity by admitting more women to their flagship programs, reflecting a broader trend in corporate India. Efforts to enhance classroom dynamics and prepare students for diverse workplaces are also underway.
The Economic Times L&T hit by 'severe' skilled manpower shortage: 45,000 engineers & techies needed
Larsen & Toubro (L&T) faces a severe shortage of skilled labor, with a deficit of 25,000 workers in engineering and construction, and 20,000 in IT and IT services, per its Chairman S N Subrahmanyan. This shortfall, due to various factors including high attrition and migration, is affecting project execution.
The Economic Times Exporters seek separate division for non-trade issues, faster customs clearance
Exporters requested the establishment of a distinct division within the Commerce and Industry Ministry to address non-trade barriers, particularly those related to environment and sustainability. During their discussion with Union Minister Piyush Goyal, they also highlighted concerns about Chinese goods entering India via the ASEAN free trade agreement.
The Economic Times Synopsys will help Tata Electronics design custom chips
US-based chip design company Synopsys will help Tata Electronics in multiple aspects of its fab facility—India’s first—coming up in Gujarat and its assembly and testing unit in Assam, chief executive Sassine Ghazi told ET. Ghazi also met with Tata Electronics CEO Randhir Thakur and Tata Sons chairman N Chandrasekaran in Mumbai. He held talks with Ola Cabs chief Bhavish Aggarwal in Bengaluru.
