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The Economic Times
The Economic Times Enkei Wheels names Kunal Dhoke as CFO
Dhoke is succeeding Jitendra Parmar who resigned in July of 2024.
The Economic Times Staffing firm CFOs say Indian companies need to increase budgets for people management, retaining talent
They say such strategic investments will enhance talent retention and productivity, and significantly reduce recruitment costs for India Inc.
The Economic Times Sebi approves NSDL IPO, HDFC Bank to pare stake
Sebi has approved the IPO of National Securities Depository Limited (NSDL). The offer for sale will include 57,260,001 shares, with major stakeholders like IDBI Bank, NSE, and SBI reducing their stakes. NSDL is the largest depository in India. The company’s shares will be listed on BSE. Several banks and financial institutions are key stakeholders in this IPO.
The Economic Times SAT stays Sebi's two-year securities market ban on Omaxe and executives
The latest order came after Omaxe and others challenged the order passed by the Securities and Exchange Board of India (Sebi) on July 30. In its ruling on October 1, the appellate tribunal said, "direction at paragraphs No. 41(1) and (2) shall remain stayed, subject to deposit of penalty amount by the appellant within four weeks".
The Economic Times India should double customs duty on steel to check imports, says CEO of ArcelorMittal's India JV
INDIA-STEEL/ARCELORMITTAL (UPDATE 1, PIX)UPDATE 1-India should double customs duty on steel to check imports, says CEO of ArcelorMittal's India JV
The Economic Times Tata Motors Finance and Bank of India Ink Co-Sourcing Pact for Financing of Commercial Vehicles
The MOU signing ceremony was attended by distinguished officials, including Shri. Ashok Kumar Pathak (Chief General Manager) - Bank of India, and Neeraj Dhawan - Managing Director (Designate), Tata Motors Finance.
The Economic Times Foxconn building world's largest Nvidia superchip factory
Foxconn is constructing the world's largest GB200 chip manufacturing facility in collaboration with Nvidia to meet soaring demand for Nvidia's Blackwell platform. This move is crucial for Foxconn, as it continues to benefit from the AI boom, particularly in producing servers.
The Economic Times US economy now faces 15% risk of entering recession
Goldman Sachs lowered the chances of a U.S. recession to 15% due to positive job data. The unemployment rate dropped, and job gains increased in September. The Federal Reserve's rate cuts are also considered. However, concerns remain about rising bad debts in the motor-vehicle lending market, especially among subprime borrowers.
The Economic Times India's trade minister says time for Indian rupee to appreciate
INDIA-RUPEE-India's trade minister says time for Indian rupee to appreciate
The Economic Times #Concerts trending in I-T dept: Glare on event managers; 11 cos get notices for underreporting of income
The Income Tax Department is probing over a dozen event management companies for suspected tax evasion and underreporting of income from overseas performances. Celebrities linked to these companies are also under scrutiny, with 11 companies already receiving notices. The scope of the investigation is expanding.
The Economic Times Reliance Retail targets quick commerce market, challenging Blinkit, Swiggy's Instamart
Reliance Retail has entered the quick commerce market, aiming to compete with players like Blinkit and Swiggy Instamart. Using its extensive store network, Reliance plans to offer rapid deliveries within 10-30 minutes in major cities and untapped smaller towns, without charging any fees.
The Economic Times Bharti Airtel in advanced talks to acquire Tata Play to boost digital TV segment
Bharti Airtel is in advanced talks to acquire Tata Play, India’s largest DTH business. This move aims to bolster Airtel’s position in the digital TV segment. If successful, it will be the second major deal between Airtel and Tata Group. This acquisition would help Airtel compete with Jio’s aggressive market strategies.
The Economic Times Nearly 50 companies offer 13k internship opportunities under govt scheme
Close to 50 companies, including major players like TCS, Tech Mahindra, and L&T, have offered over 13,000 internships through the PM Internship scheme portal. Around 200 companies have registered so far, aiming to bridge the skills gap by targeting over 1.2 lakh internships this financial year. Opportunities span various sectors, and internships are focused on unemployed youth aged 21-24.
The Economic Times India Inc must create more jobs: Manasi Kirloskar
CISCE will introduce robotics and AI for Classes XI and XII from 2025-26, integrating these subjects at the elementary level with computer science. The holistic progress card, competency-based questions, and digital assessments will align with the National Education Policy 2020. These changes aim to foster creativity, innovation, and critical thinking across over 30 lakh students.
The Economic Times Inflows in capital goods sector spike 182% to Rs 79,300 crore in Q2
Defence sector has lion's share; consumer growth remains strong
