The Economic Times The Economic Times

The Economic Times India’s manufacturing ambition to drive employability and economic growth, says RBI DG Patra

RBI Deputy Governor Michael Patra addressed India’s journey towards becoming a global manufacturing powerhouse, the role of its workforce, and the broader economic implications. "The ambition to become a global manufacturing hub is not just about economic growth; it’s about creating opportunities, elevating incomes, and securing a prosperous future for millions of Indians,” said Patra.

The Economic Times 3M India to focus on investment, digital transformation, and regulatory compliance, says CFO Vidya Sarathy

3M India's CFO Vidya Sarathy outlines a bold strategy for growth, emphasising enhanced investments in diverse business segments, a strong commitment to sustainability, and advanced digital transformation to meet evolving market demands.

The Economic Times TVS Electronics CFO says cost control and managing working capital challenges this year

A Kulandai Vadivelu says the company is addressing supply chain disruption and other challenges through our investment in Industry 4.0 technologies, which enhances efficiency.

The Economic Times Adani Green approves pacts for $444 mn TotalEnergies JV investment

India's Adani Green Energy has approved a $444 million investment deal with TotalEnergies to form a new joint venture. Adani and TotalEnergies will each own a 50% stake, focusing on a 1,150 megawatt portfolio of solar assets. Shares of Adani Green surged 5.9% on Monday.

The Economic Times Sebi puts on hold JSW Cement's Rs 4,000 crore IPO, approves three other issues

Capital markets regulator Sebi has put on hold the proposed Rs 4,000-crore initial public offering (IPO) of JSW Cement. Without specifying reasons, Sebi stated that the "issuance of observations (has been) kept in abeyance," according to an update on its website on Monday.

The Economic Times Fall in Q1 GDP numbers is because of elections code and restricted govt expenditure: RBI Governor

RBI Governor Shaktikanta Das stated that India's growth story remains strong despite a slight dip in GDP due to reduced government spending during the election season. He expressed confidence in achieving a 7.2 per cent growth projection for this fiscal year, driven by promising performance in various sectors.

The Economic Times Single filing with exchange to be reality very soon: Sebi chief

A filing made on one exchange will automatically collate on the other exchange.

The Economic Times Subhash Chandra lashes out at SEBI's Madhabi Puri Buch

Media mogul Subhash Chandra has made serious allegations against SEBI chairperson Madhabi Puri Buch of corruption and malpractices. In a recent press conference held earlier this evening, Chandra had made certain revelations about SEBI chairperson's practices.

The Economic Times IIIPI suggests measures for faster resolution of insolvency cases

Indian Institute of Insolvency Professionals of ICAI (IIIPI) has suggested various measures that can help in faster insolvency resolution.

The Economic Times New notices for GST on transfer of leasehold land stir real estate concerns

The Goods & Services Tax (GST) authorities have recently issued these notices concerning the transfer of leasehold land. The crux of the issue lies in whether the transfer of leasehold land constitutes a sale of land or a service.

The Economic Times GST collection has shown buoyancy and remarkable growth: Experts

India's GST revenue for August 2024 marked a yearly growth of 10%, despite a month-on-month decline from July. Experts highlight the overall growth in tax revenue and an increase in GST refunds affecting net collections. The positive trend in gross GST collections reflects a robust economy and ongoing tax reforms supporting businesses.

The Economic Times India Inc puts up hiring boards for c-suite roles; 3 cities turn key centers for freshers

White-collar hiring in India experienced a slight decline in August 2024 compared to the same month in 2023, with a 3% drop in the Naukri JobSpeak Index. Key sectors like AI-ML, FMCG, and Pharmaceuticals displayed growth. Entry-level job opportunities decreased by 7%, while demand for professionals with over 16 years of experience grew by 11%.

The Economic Times Tata Sons board may see new faces soon

Tata Sons is considering new board appointments with Bhaskar Bhat retiring and Ralf Speth stepping down soon. Bhaskar Bhat may remain in an advisory role until the Air India-Vistara merger. The board will also review new management appointments as several executives have retired or exited. Tata Sons saw a 57% profit increase in FY24.

The Economic Times ICAI expresses concerns over NFRA's plan to revise audit standards

The proposed revisions, which would apply to auditors of listed firms, have sparked apprehension within the ICAI about the potential concentration of audit work among large firms, potentially sidelining smaller and mid-sized practitioners.

The Economic Times Sebi puts on hold JSW Cement's Rs 4,000 crore IPO, approves three other issues

Capital markets regulator Sebi has put on hold the proposed Rs 4,000-crore initial public offering (IPO) of JSW Cement. Without specifying reasons, Sebi stated that the "issuance of observations (has been) kept in abeyance," according to an update on its website on Monday.