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The Economic Times Tata Projects appoints Deepak Natarajan as CFO

In this role, Natarajan will be responsible for overseeing the integrated finance function, including strategy and M&A, legal, secretarial and compliance, investor relations and communications, as well as internal audit and risk management functions, according to a statement.

The Economic Times India Inc risk management improves despite global headwinds: Report

Corporates demonstrate robust risk management and strategic advancements in the fourth edition of the ICICI Lombard Corporate India Risk Index (CIRI) 2023.

The Economic Times Citi appoints Jeegar Shah as the new Chief Financial Officer for India

Shah will be responsible for providing financial leadership and supporting Citi's growth strategy in India.

The Economic Times Bandhan Bank aims to maintain 18% annual growth, shifts focus to secured loans, says CFO

In a recent interview with ETCFO, Bandhan Bank's CFO, Rajeev Mantri, outlined a strategy to drive the bank's growth over the next few years which includes a balanced approach between asset growth and profitability enhancement.

The Economic Times Everstone to merge two healthcare companies, list combined firm

Everstone Capital, a Pan Asia private equity fund, is merging Translumina Therapeutics, a major cardiac stent maker in India, as part of a big-ticket IPO plan.

The Economic Times RBI appoints additional director for Bandhan Bank

The move is likely to guide the bank in succession planning. Bandhan Bank’s founder MD & CEO Chandra Shekhar Ghosh’s tenure will on July 9 while the bank is yet to appoint its next CEO. Singh is former chief general manager of RBI.

The Economic Times Electric vehicles: Desi automakers are seizing export opportunities driven by increased demand for cleaner mobility

Domestic auto makers like Maruti Suzuki, Hero MotoCorp, and TVS Motor are seizing the export opportunity in the electric vehicle market. Maruti Suzuki is set to export its first electric SUV to Europe, Hero MotoCorp is launching its VIDA V1 electric scooter in European countries, and TVS Motor is expanding to the European Union with its electric scooter iQube.

The Economic Times Promoters on a selling spree amid red hot D-Street valuations

As the question of stretched valuations continues to swirl through Dalal Street, promoters seem to be firmly on course toward breaking the hitherto all-time calendar-year stock dilution record - set in the 2020 Covid era. So far in 2024, both domestic and overseas promoters have sold shares worth nearly ₹65,000 crore - not far from the 2020 high watermark of ₹78,500 crore.

The Economic Times 5G auction: All you need to know about Rs 96,000 crore spectrum battle

5G auction: India is gearing up for its latest 5G airwaves auction starting Tuesday, valued at over Rs 96,000 crore. Telecom giants like Reliance Jio, Bharti Airtel, and Vodafone Idea will compete for crucial radio frequencies essential for 5G services. The previous auction in August 2022 set a record with the government earning Rs 1.5 lakh crore.

The Economic Times Reliance Capital lenders set out conditions to grant extension to Hindujas

Lenders of Reliance Capital, promoted by Anil Ambani, have submitted an affidavit to the bankruptcy court stating conditions for granting a 90-day extension to the winning bidder, a Hinduja Group entity. The extension would require depositing Rs 2,750 crore into a lender's escrow account and paying 12% interest on the Rs 9,660-crore offer. The National Company Law Tribunal is scheduled to consider Hinduja Group's plea for the extension on Tuesday. Earlier, NCLT had instructed Hinduja Group's IndusInd International Holdings (IIHL) to execute the plan by May 27th.

The Economic Times Prosus writes off its 9.6% stake in India's Byju's

BYJUS-INDIA-Prosus writes off its 9.6% stake in India's Byju's

The Economic Times Flipkart explored a deal with Swiggy for a pie of quick commerce

Eight to ten months ago, discussions about a potential investment by Flipkart in Swiggy, two of India's biggest internet companies in the consumer sector, were underway. This potential alliance was driven by the changing landscape of the market, particularly the rise of quick commerce. However, due to disagreements on valuation, the talks ultimately fell through.

The Economic Times Sebi weighs tighter checks for stocks at F&O entry gate

In its June 8 consultation paper, Sebi had sought feedback from market participants for its plan to revise the eligibility criteria for stocks to be a part of the futures and options (F&O) segment. The regulator wants stocks that are part of the derivatives market to be more liquid and traded by a wide set of market participants to prevent manipulation and lower risks to the system.

The Economic Times Amid outflow fears, RBI reviews LCR by carrying out special audits with banks

Recently, the Reserve Bank of India conducted special audits with banks to verify their holdings of eligible securities for maintaining the liquidity coverage ratio (LCR). This action coincides with the central bank's apprehension regarding potential sudden withdrawals via digital banking channels. Introduced post the 2008 global financial crisis, LCR mandates banks to retain specified amounts of government bonds that can be quickly sold to manage a theoretical 30-day stress period featuring significant cash outflows.

The Economic Times Nearly nine in 10 recruiters use AI for sourcing candidates: Survey

India Inc. is grappling with a shortage of workers skilled in AI, despite over half of recruiters being prepared for AI adoption. Lack of knowledge or training is cited as a major barrier, emphasizing the need for educational initiatives to bridge the skills gap. A survey from Talent500 indicates a strong inclination among companies to incorporate AI-driven tools into their recruitment processes.