The Economic Times
The Economic Times Process to pick GSTAT judicial and tech members to start after Budget
Sanjay Malhotra's panel progresses GSTAT selection with an advanced appeals portal. Mishra heads GSTAT amid delays, critiqued by Mathews. GST Council sets time and monetary limits for cases, enhancing tribunal functionality.
The Economic Times Kotak Bank created fund used to bet against Adani: Hindenburg
Kotak Mahindra Bank managed funds for Adani stock trades, leading to significant profits. Despite ET queries, the bank mentioned transactions were made on a principal basis. Kingdon transferred funds for short positions on Adani stocks, resulting in gains after positions were squared off.
The Economic Times Adani saga heads for a messy closure
SEBI-Hindenburg clash escalates, questioning SEBI's actions and hindering the closure of the Adani controversy, showcasing the evolving dynamics in the financial market regulatory landscape.
The Economic Times Adani joins Tata and Ambani in race for elusive India superapp
With a burgeoning pool of digital consumers, these Indian firms have decided to take a stab at developing all-in-one apps for their sprawling consumer businesses.
The Economic Times ONGC appoints Vivek Chandrakant Tongaonkar as CFO
Vivek Chandrakant Tongaonkar has been appointed as the new Chief Financial Officer (CFO) of ONGC, succeeding Devendra Kumar, bringing over 37 years of extensive industry experience to the role.
The Economic Times India's macro fundamentals to remain strong in 2nd half of FY25: Nomura
Driven by steady growth and low, underlying inflation, India's macroeconomic fundamentals are expected to remain strong in the second half of FY25, global brokerage firm Nomura has said.
The Economic Times DTDC Express CFO targets high double-digit growth in FY25, plans Rs 150 crore investment; focus on profitability
DTDC Express aims for high double-digit growth in FY25 with Rs 150 crore investments in infrastructure and technology. CFO Aneel Gambhir shared his strategic plans with ETCFO. He also called for government support to boost the logistics sector.
The Economic Times Oil India redesignates Rupam Barua as CFO
Oil India has promoted Rupam Barua, its Executive Director (Finance & Accounts), to the position of Chief Financial Officer, following the retirement of the previous CFO, Harish Madhav.
The Economic Times JK Cement Deputy CFO Sumnesh Khandelwal resigns
After serving a notice period of 90 days, Khandelwal was relieved from the company on July 1, 2024.
The Economic Times No guarantee: Jaiprakash Associates recovery may be hard for creditors
Bankers said guarantees by chairman Gaur and vice chairman Sunil Kumar Sharma totalling close to Rs 800 crore are of little consequence after nearly seven years since the company was first referred to bankruptcy by the Reserve Bank of India (RBI) in 2017 among the 26 large defaulters of bank loans during that period.
The Economic Times CXO-level shifts rearrange top deck at Indian startups
The world of startups witnessed a series of top-level movements in the first half of 2024, including Naveen Tahilyani taking the helm as CEO of Tata Digital and the resignation of Surinder Chawla, managing director and chief executive officer of Paytm Payments Bank.
The Economic Times India looks to match world average for share of women in workforce
Proposals under consideration include incentives to create employment, development of the care economy, and enabling easier access to finance to encourage more women to join the labour force, said people aware of the deliberations.
The Economic Times This festive season, mission is possible: Companies to stockpile weapons of mass consumption
Manufacturers are gearing up for a surge in demand, anticipating a boost in sales for smartphones, refrigerators, wearables, and two-wheelers during the upcoming festive season. The industry is optimistic about growth, especially in rural India, with expectations of exceeding previous sales records.
The Economic Times Integrating climate finance into India's economic blueprint
Pradeep S. Mehta, Secretary-General of CUTS International, suggested that India's 2024-25 Budget should include dedicated climate finance institutions through public-private partnerships during a webinar on accelerating private investment in climate finance. Mehta stressed the importance of private sector involvement for a sustainable and resilient future, highlighting the need for collaboration, innovation, and commitment.
The Economic Times Corporates embrace more flexibility amidst the hybrid work model
About 30% of occupiers are expected to expand their use of flexible office space over the next 12 months, while 17% are likely to consolidate their offices into fewer locations, CBRE said in its latest ‘2024 India Office Occupier Survey’.