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The Economic Times
The Economic Times Goodbye and Godspeed: India mourns Ratan Tata's demise
India mourns the loss of Ratan Naval Tata, a visionary business leader and philanthropist, who passed away late Wednesday night. Tata Sons Chairman N Chandrasekaran, Prime Minister Narendra Modi, Defence Minister Rajnath Singh, and Mahindra Group Chairman Anand Mahindra among others gave heartfelt tributes highlighting his immense contributions to the Tata Group, the economy, and society.
The Economic Times Ratan Tata passes away, an era ends
The greatest leader of India and the most famous businessman of India Inc, Ratan Tata has passed away at the age of 86. He was admitted to a Mumbai hospital couple of days back. Tata Group Chairman N Chandrasekaran has issued a statement.
The Economic Times Dhenu buildcon Infra CFO Jennifer Machado resigns
Machado has stepped down from their role stating personal reasons, as said by the company in a regulatory filing to BSE.
The Economic Times Sindu Valley Technologies CFO Syed Mahtab Alam resigns
Alam stepped down due to personal and unavoidable circumstances, Sindu Valley has yet to reveal its plans for appointing a new CFO.
The Economic Times Tashi India names Mridul Mundhra as CFO
Mudhra succeeds Arti Batra who tendered her resignation in July of 2024 from the position of its Chief Financial Officer.
The Economic Times Diksha Greens CFO Biswanath Singha resigns
Singha stepped down from his role stating personal reasons.
The Economic Times RBI misses opportunity to spur housing demand: CREDAI on RBI interest rate policy
Real estate industry leaders expressed disappointment over the RBI's decision to maintain the repo rate at 6.5%, emphasising that a rate cut could have boosted housing demand during the festive season.
The Economic Times Amazon India joins hands with Startup India, DPIIT to empower startups through e-comm
The startups will gain access to the domestic market, mentorship from Amazon leaders, go-to-market support and logistics guidance, according to a company statement.
The Economic Times Patanjali Foods gets CCI nod for Rs 1,100-crore buyout of parent's home & personal care business
The Competition Commission of India approved the acquisition of Patanjali Ayurved’s home and personal care business by Patanjali Foods for Rs 1,100 crore. This acquisition aims to boost Patanjali Foods' position in the FMCG market. Patanjali Foods had recorded a revenue of Rs 31,961.62 crore in the last fiscal year.
The Economic Times UPDATE 1-Geopolitical strife could cost global economy $14.5 trln over 5 years -Lloyd's of London
LLOYDS OF LONDON-GEOPOLITICS/ (UPDATE 1)UPDATE 1-Geopolitical strife could cost global economy $14.5 trln over 5 years -Lloyd's of London
The Economic Times Welspun Enterprises gets Rs 1,989 cr design and build contract in Mumbai
Welspun Enterprises secures a Rs 1,989 crore contract from BMC for designing and building a tertiary treated water conveyance tunnel using TBM, to span from Dharavi to Ghatkopar. Additionally, a subsidiary is awarded a Rs 24.60 crore wastewater treatment project in Maharashtra, enhancing water quality and promoting sustainability.
The Economic Times Sebi outlines specific due diligence of investors, investments of AIFs
Sebi has instructed Alternative Investment Funds to carry out due diligence on investors and investments to ensure compliance with laws and prevent illegal activities. This includes special checks for investments from countries bordering India and contributions over 50 percent. AIFs must report the status of existing investments by April 7, 2025.
The Economic Times RBI expected to reduce rates by 25 to 75 bps in next two policies, say top economists
Leading economists with financial institutions and rating agencies believe that a rate cut is very close and will begin from December itself.
The Economic Times Hyundai aims to raise up to $3.3 billion in record India IPO
Hyundai Motor Co aims to raise up to $3.3 billion through an IPO of its Indian subsidiary, setting a record in the country. The IPO values the unit at $19 billion at the upper price range. The entire proceeds will go to the parent company. The listing opens for bids on October 15 and starts trading on October 22. The listing of Hyundai’s India unit is set to break the record set by Life Insurance Corp of India.
The Economic Times Byju’s affiliate drained cash from US units in violation of bankruptcy rules: lawsuit
A lawsuit in Delaware claims that Byju Raveendran's company illegally transferred nearly $700,000 from US affiliates amid bankruptcy proceedings. Lenders seek to recover $533 million allegedly hidden by Byju's, involving complex legal battles in both the US and India.
