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The Economic Times
The Economic Times India Inc's POSH promises aren't saving women from workplace abuse
​Women’s workforce participation rate remains low, and they continue to face safety issues. There are enough news reports to show the gruesome cases women face at workplaces, and these are a clear example of how lack of safety is a critical factor for their limited participation in the workforce.
The Economic Times India Inc looks within for top bosses amid focus on succession
​About half (52%) of the companies refreshed their corner offices in the past five years, with more than two-thirds of them elevating internal candidates and less than a third turning to external hires, showed the data, put together by executive search firm Xpheno.
The Economic Times Religare confirms ED raids on its senior officials
Religare Enterprises Limited confirmed that the Enforcement Directorate raided the residences of top officials including Dr. Rashmi Saluja, Nitin Agarwal, Nishant Singhal, and Chirag Jain. The ED seized documents, including demat and bank accounts. The case stemmed from an FIR filed by an office assistant alleging fund siphoning. No incriminating evidence was found during the search. ESOP Shares of Care Health Insurance Limited were frozen, unrelated to the FIR.
The Economic Times DGGI drops Rs 3,000 cr tax demand on 18 foreign shipping firms for FY18
​The move brings cheer to foreign shipping lines, such as Maersk, Orient Overseas Container Line Ltd and Hapag Lloyd Mediterranean Shipping, who were facing notices for non-payment of goods and services tax (GST) on import of services from July 2017 onwards.
The Economic Times Best Agrolife CFO targets 20% growth in FY25, plans Rs 200 crore investment in next 18 months
Best Agrolife CFO Vikas Jain targets 20 per cent revenue growth for FY25 and plans to invest Rs 150-200 crores in expanding production and introducing new products, aiming for increased profitability and market presence.
The Economic Times Socomec appoints Amit Jain as CFO for Greater India operations
A Chartered Accountant by profession, Jain holds an MBA from IIM Calcutta and a Bachelor's degree in Commerce from Hansraj College, University of Delhi.
The Economic Times Jyotirgamya Enterprises appoints Karan Rajesh Singh as CFO
Singh has more than 5 years of experience with a proven track record in evaluating and improving organisational processes and controls, said Jyotirgamya Enterprises in a release addressed to BSE.
The Economic Times Sebi bans Anil Ambani, 24 other entities from securities market for 5 years
Anil Ambani and 24 entities, including former officials of Reliance Home Finance, are barred by Sebi from the securities market for five years for fund diversion. Sebi imposed a Rs 25 crore penalty on Ambani and restricted him from participating in the market. Reliance Home Finance was also fined Rs 6 lakh and barred for six months.
The Economic Times Metro Brands on track to set up 225 stores over two years, eyes 10-15% sales growth, says CFO
Kaushal Parekh, CFO of Metro Brands, spoke to ETCFO on the company's innovative inventory management, capital allocation priorities, and growth outlook.
The Economic Times Adani Group likely to sell 2.84% in Ambuja Cements for Rs 4,200 crore
Adani Group is set to sell a 2.84% stake in Ambuja Cements on Friday to raise approximately ₹4,200 crore through a block deal. The shares will be sold at a floor price of ₹600 each, a 5% discount to Thursday's closing price. Adani Group's current stake in Ambuja Cements stands at 70.33%.
The Economic Times Gautam Adani to revamp family offices, hire auditors and CEO to boost oversight
Gautam Adani, Asia's second-richest individual, is set to enhance transparency and disclosure by bringing in auditors from a top global firm and hiring a CEO for his family offices. This move is in response to past scrutiny from Hindenburg Research and aims to improve professional management of his $105.4 billion wealth.
The Economic Times Economic momentum remains 'intact': Finance Ministry
The report said the FY25 budget has laid out a glide path of fiscal consolidation. Supported by strong revenue collection, discipline in revenue expenditure and robust economic performance, the fiscal deficit is projected to decline. At the same time, it said, capital expenditure is maintained at high levels, supporting the fledgling private investment cycle.
The Economic Times ICRA forecasts India's Q1 GDP growth to fall to 6%, a six-quarter low
The insights by ICRA indicate a temporary slowdown in India's economic growth, with several sectors witnessing a downturn influenced by government actions, urban consumer sentiment, and weather conditions, but project a recovery in the latter half of the fiscal year.
The Economic Times PwC China faces 6-mth business ban, large fine over Evergrande audit
Chinese regulators will likely impose a six-month business suspension on a big part of PricewaterhouseCoopers' auditing unit in mainland China, as a penalty for its work on troubled property developer Evergrande, according to five sources with knowledge of the matter.
The Economic Times GST appellate authority orders Airtel to pay Rs 194 cr GST on license fee, SUC demand
The Goods and Service Tax Appellate Authority has ordered Bharti Airtel to pay Rs 194 crore GST on licence fees and spectrum usage charges demanded by the Department of Telecom, a regulatory filing said on Thursday. The matter pertains to the demand for Goods and Service Tax (GST) of Rs 604.66 crore by the GST Department under the reverse charge mechanism on license fee (LF) and spectrum usage charges (SUC) basis the demand note issued by the Department of Telecommunications.
