Economic Times

Proposal includes primary infusion into the shadow bank, secondary share sale by promoters, open offer; Founder Nandakumar denies any selloff plan.
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Premium smartphone prices are projected to rise by at least 5% due to costlier chipsets with advanced AI capabilities, memory, and components. Chipmak
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Reliance Retail is temporarily closing its Centro stores across India to revamp the format. The company plans to prioritize its own brands, like Azort
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Apple India's dividend payout to its Irish holding company more than doubled to ₹3,302 crore in FY24, exceeding its net profit for the first time. T
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India's food safety regulator directed e-commerce and quick commerce companies to follow shelf life guidelines for packaged food deliveries. The regul
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Britannia Industries' MD, Varun Berry, attributes the recent FMCG slowdown to shrinking consumer spending in metropolitan cities. Surging housing cos
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Union Power Minister Manohar Lal suggested that states consider listing power sector companies on stock exchanges to attract investment for future pro
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Samir Subberwal, global head of wealth solutions, deposits and mortgages at the bank said shifting focus to the affluent in retail banking will help S
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The $850 million private credit facility from Standard Chartered Bank, which carries a high interest rate of 18%, is secured against future brand fee
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India has seen a fourfold increase in the number of petrol pumps offering EV charging facilities in the last two years, reaching approximately 17,900.
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Amongst the top 10 therapies that contribute to more than 90% of the Indian pharma market, price drove growth in the cardiac segment. The anti-hyperte
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Magicbricks, a real estate platform, has introduced a new 'Site Visit Product' to simplify property searches for buyers. The service curates propertie
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India has liberalized its air treaty with Vietnam and Uzbekistan, allowing airlines from both countries to operate more flights. Vietnam's weekly flig
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Four European ambassadors recently toured Adani Group's renewable energy projects in Gujarat. Gautam Adani, Chairman of the Adani Group, hosted the di
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The ASSET platform (Accelerating Sustainable Solutions for Energy Transition), launched in collaboration with the ministry of power and the ministry o
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The National Financial Reporting Authority (NFRA) proposes a new accounting regime for India, aligning auditing standards with global norms. While la
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India's renewable energy capacity surged by 13.5% to 203.18 GW in October 2024, driven by a significant increase in solar energy installations. The to
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Pernod Ricard India has overtaken United Spirits to become the top spirits maker in India in terms of revenue, reporting Rs 26,773.22 crore in FY24.
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MTNL, the state-owned telecom company, has defaulted on a payment of Rs 5,726.29 crore owed to various banks. The company's total debt has reached Rs
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Mercedes-Benz India, having achieved Rs 40,000 crore revenue in three years through its direct-to-consumer 'Retail of the Future' model, is taking its
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