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The Economic Times
The Economic Times What makes the new age Financial Strategy a game changer in Digitalization of Infrastructure in India
Authored by Sapan Gupta, Chief Financial Officer (CFO) at RODIC: Exploring India's Journey to an $8-Trillion Economy through Strategic Digital Transformation and Infrastructure Development.
The Economic Times India's services sector experiences its fastest employment growth in 22 months; June PMI rises to 60.5
The HSBC India Services PMI for June 2024 rose to 60.5, driven by strong domestic and international orders, record sales from diverse regions, and the fastest employment growth since August 2022. Due to moderate cost inflation, selling prices rose at the slowest pace since February 2024, improving service providers' outlook. The composite PMI stands at 60.9 for this month.
The Economic Times Financial Leadership: The Impact on Modernizing Logistics
Deepal Shah, Group CFO at Allcargo Group, emphasizes the pivotal role of technology in shaping the future of finance within the logistics sector. With insights into transformative technologies like generative AI and strategic planning, Shah underscores the evolving role of CFOs as value integrators driving operational efficiency and long-term sustainability.
The Economic Times Unstoppable bulls! HDFC Bank drives Sensex past 80,000 for the first time, Nifty hits record high
Indian market soared to all-time high with HDFC Bank surge propelling Sensex past 80,000 and Nifty nearing 24,300. Kotak Mahindra, JSW Steel, PFC, REC, Auto also showed significant gains in the bullish market.
The Economic Times 8th year of GST: Friendlier, simpler regime ahead? What the future likely holds
It would be unreasonable to expect very quick results. While concrete outcomes on this agenda are likely to be backloaded within the financial year, clear timelines and a glide path of transition may well emerge sooner.
The Economic Times Paytm Bank, auditor lock horns over biz viability
Paytm Payments Bank Ltd faces audit qualification disputes over viability, seeking RBI intervention. Compliance issues led to operational restrictions, prompting directions to transfer businesses. KYC guideline non-compliance has halted income generation and eroded net worth.
The Economic Times Unacademy fires 250 employees in fresh round of layoffs
Unacademy layoffs: Unacademy has laid off around 100 people from core functions like business development and marketing and the rest are from the sales department, sources told ET.
The Economic Times Global firms buy PB Fintech stakes from early backers
Foreign portfolio investors (FPIs) have lapped up shares in Gurugram-based listed fintech firm PB Fintech, as its founders and early investors sold their shares, in full or in part, in multiple tranches. These transactions happened through bulk deals when several early-stage investors of the company exited the firm fully or partly after 2021, when it went public.
The Economic Times Hindenburg was never a client or investor in K-India Fund, says Kotak Mahindra Bank
The Fund was never aware that Hindenburg was a partner of any of its investors, said the bank's spokesperson.
The Economic Times Budget 2024: Which sectors are likely to be in the limelight?
The government is expected to focus on infrastructure, defence, renewable energy, agriculture, and railways in the upcoming Budget, according to experts.
The Economic Times Our decisions have effect on nation's economy: New CBDT chief to I-T officials
New CBDT chairman Ravi Agrawal emphasizes the significance of decisions on the economy and ease of doing business. He calls for the creation of a 100-day action plan and stresses the importance of taxpayer trust and modern technology integration for efficient processes.
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.
