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The Economic Times
The Economic Times Quick commerce platforms see surge in Diwali gift orders
Blinkit, Swiggy Instamart and Zepto have unveiled features like EMI, postpaid options, and 10-minute returns for clothing and footwear, expanded their inventory with popular festival-related products, and created a separate Diwali section on their apps.
The Economic Times Demand conditions in economy need to be watched: Finance ministry
The Indian economy looks promising with a stable external sector and a boost from the festive season. However, slow urban demand due to high food inflation and softening consumer sentiments raises concerns. Rural demand improves, but urban demand shows signs of weakening, impacting FMCG and auto sales.
The Economic Times India has entered cyclical growth slowdown, RBI's 7.2 pc estimate 'overly optimistic': Nomura
Nomura reports that the Indian economy is experiencing a cyclical growth slowdown, with urban consumption indicators weakening. The brokerage believes the Reserve Bank's GDP growth estimate of 7.2% for FY25 is overly optimistic, highlighting issues such as salary moderation and a decrease in personal loans and lending growth.
The Economic Times India’s IT services market hits $14.5 bn, digital transformation fuels growth: Report
While IT investments showed a slower recovery compared to the previous year, digital transformation (DX) initiatives and the increasing complexity of IT environments will continue to drive market growth.
The Economic Times Sebi approves IPOs of NTPC Green Energy, Avanse Financial Services
NTPC Green Energy IPO consists entirely of a fresh issue of equity shares. It includes a reserved portion for eligible employees, who will also receive a discount when bidding in this reservation segment.
The Economic Times Taxman stumps Irish firms, upturns aircraft deals
Ireland-based aircraft leasing firms, long favored by Indian airlines, face scrutiny from India's tax department for possibly exploiting tax treaties. India questions these firms' tax benefits, suspecting they're set up in Ireland to avoid taxes. This issue coincides with GIFT City's promotional efforts for setting up aircraft leasing businesses in Gujarat.
The Economic Times CIL Securities CFO Ashok Kumar Inani resigns, Krishna Kumar Maheshwari takes over
Following this change, CIL Securities has appointed Krishna Kumar Maheshwari as the new CFO, starting November 3, 2024.
The Economic Times India's Tata Technologies posts third straight drop in profit as EV demand slows
TATA-TECH-India's Tata Technologies posts third straight drop in profit as EV demand slows
The Economic Times India's Adani Power posts fall in Q2 profit before tax on muted power demand
ADANI-POWER-India's Adani Power posts fall in Q2 profit before tax on muted power demand
The Economic Times Bharti Airtel Q2 results preview: PAT may zoom up to 254% YoY; 12% revenue uptick seen on higher ARPU
Bharti Airtel is expected to report revenue between Rs 40,822 crore and Rs 41,591 crore, reflecting a year-on-year growth of 10% to 12%.
The Economic Times Govt plans to issue ALMM for PV cells to push India's green energy transition
The government introduced the ALMM order (List I) in 2019 for solar modules to boost the manufacturing and usage of made-in-India solar panels. It was made mandatory to source PV modules from models and manufacturers included in the ALMM List I.
The Economic Times Overall job postings surged by 20% this festive season: Report
Professional networking platform apna.co has reported a 20 per cent year-on-year increase in job postings to 2.16 lakh this festive season across logistics & operations, e-commerce, and hospitality. This year's festive season was particularly important for businesses looking to rebound after a slowdown in consumer spending during the summer and election periods. Companies were focused on driving sales beyond last year's numbers, according to apna.co.
The Economic Times We see large opportunities in India, will start manufacturing in US this financial year: Hitesh Doshi, Waaree
Hitesh Doshi, Chairman of Waaree Energies, highlights how ALMM is boosting Indian module manufacturing. He discusses the company's global and domestic expansion strategies. Waaree plans to increase manufacturing capacities and backward integration. Aiming for energy security, the company is optimistic about future growth, driven by green energy initiatives and government support. Waaree remains confident in meeting the growing demand.
The Economic Times Gillette India CFO Gautam Kamath resigns, Srividya Srinivasan takes over
Gillette India CFO Gautam Kamath resigns, effective October 31, 2024, to assume a corporate strategy role at P&G's global headquarters. Srividya Srinivasan, a P&G veteran with experience across international markets, will step in as the new CFO and Additional (Executive) Director starting November 1, 2024.
The Economic Times RR Kabel to invest Rs 1,000 crore, targets 20% export growth, says CFO Rajesh Jain
CFO Rajesh Jain is setting ambitious targets for RR Kable, aiming for a remarkable EBIT margin of 11% by FY27. With a bold focus on technology and expanding exports, the company is poised to overcome recent challenges from fluctuating copper prices and rising costs, positioning itself for a profitable future.
