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The Economic Times
The Economic Times Gopal Snacks CFO Mukesh Kumar Shah resigns
Having joined the company in June of 2023, the CFO Mukesh Kumar Shah has decided to step down to pursue career opportunities outside the company, with his last working day set for January 21, 2025.
The Economic Times India as a global talent hub for accounting and finance professionals
India's financial sector is growing in importance globally. The demand is high for professionals with global certifications like CPA and ACCA. With India's strong education system and adaptability to technology, the country can become a leading global finance talent hub. Collaborative efforts between educational institutions, corporates, and the government are essential to realize this potential.
The Economic Times India's push for home-grown satellite constellation gets 30 aspirants
The regulator had sought "expressions of interest" (EoI) in July to build home-grown satellite constellations as part of a broader strategy to monetize the sector and ensure data sovereignty.
The Economic Times Mahindra Tractors partners with PNB for dealer finance solutions
PNB Chief General Manager and Zonal Head, Mumbai Zone, Firoz Hasnain said the initiative underscores the bank's commitment in supporting the growth of businesses across sectors, specially MSME and agriculture by providing them with customised financial solutions.
The Economic Times Microsoft works to add non-OpenAI models into 365 Copilot products, sources say
Microsoft is integrating internal and third-party AI models into its Microsoft 365 Copilot. This aims to reduce dependence on OpenAI and cut costs. The company is working to customise other open-weight models for better efficiency. Microsoft tracks these efforts closely, aiming for cost-efficiency and potentially passing savings to customers, say sources.
The Economic Times Indian startup ecosystem raises over Rs 29,200 crore in 2024, witnesses record 13 IPOs
In a significant year for the Indian startup ecosystem, 13 new-age companies launched their initial public offerings (IPOs), as startups cumulatively raised more than Rs 29,200 crore from the stock market.
The Economic Times India, ADB sign USD 500 million loan to support green, sustainable infrastructure projects
The ADB loan, with a sovereign guarantee, will be extended to the India Infrastructure Finance Company Limited (IIFCL).
The Economic Times Chip co to invest Rs 3,425 crore in Mys project that creates 460 jobs
The investment is part of a series of 10 proposals worth Rs 9,823 crore, approved by the 64th State High-Level Clearance Committee (SHLCC) chaired by CM Siddaramaiah on Monday. These projects, expected to generate 5,605 jobs, span various industrial sectors across the state. "The first semiconductor project in the electronics manufacturing cluster at Kochanahalli, is a major milestone for the state," said Siddaramaiah, emphasizing the significance of the initiative for state's industrial growth and his home district.
The Economic Times Centre-sponsored 10 plastic parks poised to spur exports, create more jobs
The Centre's Department of Chemicals and Petrochemicals has approved 10 Plastic Parks, which are at different levels of implementation across various states, aimed at enhancing investment, production and exports as well as employment in the country, according to a year-end review released on Tuesday.
The Economic Times Kirloskar Brothers CFO Ravish Mittal steps down
Mittal has resigned as the CFO of Kirloskar Brothers, citing personal reasons.
The Economic Times Investing in 2025: Will domestic funds continue to counter FPI sell-offs amid rising valuations?
Domestic benchmark equity indices have shown sustained resilience in 2024 — the BSE Sensex gained 8.7% as of December 23, the ninth consecutive year of positive return. This is despite the heavy selling by FPIs in the secondary equity market during the second half of the year, rising geopolitical tensions in West Asia, growing uncertainty over the stance of the Trump administration in the US towards global trade, and India-specific concerns such as high inflation, slowing consumption demand and decelerating GDP growth.
The Economic Times Inflation continues to hit FMCG industry, urban growth expected to slow in H1/2025: Kantar report
The FMCG industry saw a decrease in volume growth to 4.3% in August-October 2024, down from 6.4% a year ago. Urban growth was 4.5%, while rural growth was 4%. Spending increased 13% in two years. Food inflation remains high. Personal care categories showed growth, indicating a potentially positive rural market.
The Economic Times Is the PLI scheme redefining Indian manufacturing?
The Indian government’s Production-Linked Incentive (PLI) Scheme is a targeted initiative to boost the country's manufacturing sector, attract foreign investments, and enhance India's competitiveness in global markets. Introduced in March 2020, it aims to create a robust domestic manufacturing ecosystem by offering financial incentives linked to incremental sales growth and local production.
The Economic Times Protean eGov Technologies and Alankit Limited settle ₹68.5 cr dispute
Protean eGov Technologies Limited and Alankit Limited have settled a financial dispute for ₹38.06 Crores, stemming from an initial claim of ₹68.5 Crores. The settlement includes ₹28.54 Crores as a counterclaim offset and ₹9.52 Crores received post-settlement. The Bombay High Court approved the withdrawal of the Commercial Arbitration Petition.
The Economic Times Expected decline in food prices in January could increase odds of rate cut in Feb: ICICI Bank
The Reserve Bank of India's Monetary Policy Committee may consider a rate cut in February if food inflation declines in January. Lower food prices could support economic growth, with some members advocating for easing rates. Meanwhile, the Indian rupee faces depreciation pressure due to a strong US dollar.
