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The Economic Times
The Economic Times What is fuelling M&M’s growth even as the auto sector is slowing down? Anish Shah explains
Mahindra & Mahindra is thriving. The company is witnessing remarkable growth across its businesses. New product launches, especially in the SUV segment, are driving this success. Mahindra is also making strategic investments in growth areas. These areas include electric vehicles and renewable energy. The company remains optimistic about future prospects.
The Economic Times Rural markets stay ahead of urban centres in growth for FMCG goods: NielsenIQ
India's fast-moving consumer goods (FMCG) sector grew 5.7 per cent by value and 4.1 per cent by volume in the July-September quarter driven by rural demand which grew faster than urban markets for the third consecutive quarter, according to the latest report by consumer intelligence firm NielsenIQ.
The Economic Times Sony Pictures Network India names Sibaji Biswas as CFO
Biswas recently stepped down as CFO of Syngene International, with his tenure set to end on November 30, 2024, following his resignation on October 24. In an exclusive conversation with ETCFO, Biswas expressed his intent to transition thoughtfully, opting to join an industry outside of biotech as he leaves Syngene.
The Economic Times India's growth trajectory on track to become third-largest economy by 2027, says NITI Aayog CEO
BVR Subrahmanyam said policy consistency and reforms are fueling economic growth, with a focus on sustainability and MSME support.
The Economic Times Mukesh Ambani's Big Move: Reliance Enters Snack Market To Challenge Haldiram & Britannia
Reliance Industries chairman Mukesh Ambani is planning big about the snacks business expansion. The company's plan to enter into the consumer markets, especially snacks has triggered a competition.
The Economic Times Tamil Nadu sanctions Rs 29 crore to expand industrial infra in Trichy; footwear park to create jobs
To accommodate growing industrial demand, the Tamil Nadu government is investing ₹29 crore in infrastructure upgrades for the Manapparai Sipcot industrial park. This includes new roads, drainage, and a water supply network. Additionally, a new 100-acre industrial park will be established in Padalur to support the expanding non-leather footwear sector in the region.
The Economic Times Donald Trump's win to cause market volatility, but RBI's key official is hopeful
Donald Trump's election as US President will cause short-term volatility in financial markets, RBI Deputy Governor T Rabi Sankar said. However, India is well-positioned to handle this volatility, he added. Significant funds are expected to flow into India due to its inclusion in global index funds.
The Economic Times Paramesu Biotech files Rs 600 crore IPO papers with Sebi
Paramesu Biotech Ltd, a leading manufacturer of maize-based products, recently filed for an IPO to raise Rs 600 crore. The company plans to use the funds for expansion and debt repayment. Paramesu Biotech has a strong market presence in India and abroad. Its revenue and profits have shown consistent growth in recent years. Pantomath Capital Advisors will manage the IPO.
The Economic Times 200 Indian women entrepreneurs set to raise Rs 850 cr from investors: Goldman Sachs
At least 200 women entrepreneurs in India are poised to raise an estimated Rs 850 crore ($100 million) from investors, helping to expand businesses and create new jobs, Goldman Sachs announced on Friday.
The Economic Times India continued to lead APAC office market activity, driving over 70% of the total demand during Q3 2024
The Asia Pacific office market is expected to witness growth in 2025. Demand for office spaces surged in the third quarter of 2024. India dominated the market, accounting for over 70% of the total office demand. Bengaluru and Hyderabad led the demand in India. Rental rates are projected to rise due to robust demand.
The Economic Times Haldiram Bhujiawala secures Rs 235 crore from Pantomath's Bharat Value Fund; sells minority stake
The funds will be used to expand Haldiram’s manufacturing capabilities and enter new markets. BVF, which recently launched its third fund with a corpus of Rs 2,500 crore, invests in profitable, growth-stage companies. Haldiram Bhujiawala is its sixth investment.
The Economic Times MGL, IBC US sign pact to set up Li-ion battery cell manufacturing facility in India
The move aims to reduce dependency on imports and support the “Make in India” initiative by setting up a giga factory in Bangalore, where prismatic NMC cells will be produced for the mobility and battery storage sectors.
The Economic Times Europe's ESMA wish to audit CCIL 'extra jurisdictional', will never agree to the demand: RBI DG
"There is no way we can agree to that. It is not possible to agree to that without compromising on your sovereignty of, you know, policymaking. There is no way anyone can agree. If other countries have agreed, I do not understand how they have," RBI Deputy Governor T. Rabi Sankar said.
The Economic Times Manufacturing will play pivotal role in shaping Viksit Bharat
It is initiatives like 'Make in India' that have played a pivotal role in boosting the automotive manufacturing prowess, building confidence in local competencies, in local talent pool having global capabilities, positioning India as a potential 'global manufacturing hub'. For instance, we now produce two world-class electric vehicles (EVs) in Pune, the first market outside Germany and the US to accomplish this feat.
The Economic Times Trump's victory may give Starlink and Amazon leverage for India satcom push
A fierce battle is currently underway between Jio and Airtel - and global satellite firms - Starlink and Amazon - over the allocation mode of satellite spectrum and its pricing to support broadband-from-space services.
