Economic Times

Billionaire industrialist Yohan Poonawalla and Michelle Poonawalla have acquired a massive mansion in South Mumbai’s Cuffe Parade for over Rs 500 cr
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UPI Payments: The Reserve Bank of India rolled out a feature in August allowing delegated UPI payments. Primary users can approve transactions for sec
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Bridgestone has introduced a new digital ad campaign to promote its latest Turanza 6i tyre, which promises a comfortable and quiet driving experience.
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India's logistics and industrial sector experienced significant growth in H1 2024. Grade A and Grade B rents in major cities increased by 4.8% and 6.4
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Flexible workspace provider Incuspaze leased 400,000 sq ft at the Alphathum building in Noida, following a significant funding round of $8 million. Wi
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The private equity investors Jacob Ballas and International Finance Corporation are selling their stake by exercising a put option. The stake sale val
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India's FMCG market growth decelerated to 4% in the April-June quarter, down from 12.2% the previous year. The slowdown was influenced by price reduct
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In July, Hyundai Creta surpassed Tata Punch as India's best-selling SUV with 17,350 units sold. The Tata Punch saw significant growth but managed 16,1
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IATA opposed India's GST on foreign airlines' branch offices, stating it conflicts with global norms and could harm India’s aviation potential. Airl
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MakeMyTrip and Cleartrip noted a significant rise in early bookings for Diwali travel. Train tickets on popular routes are rapidly filling up, and air
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Indian consumer goods companies have paused their operations in Bangladesh following violent protests that led Prime Minister Sheikh Hasina to flee. M
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Vedanta expects to save ₹1,000 crore annually in interest costs after utilizing proceeds from a recent ₹8,500 crore fund-raising to repay debt. Th
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Power Finance Corporation (PFC) reported a 24% increase in net profit for the quarter ending June, reaching ₹3,718 crore. The company's interest inc
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IndiGo's chief executive Pieter Elbers on Monday said a customised business class offering would be introduced in the middle of November which will co
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Indian exporters noted that Bangladesh's political unrest might temporarily redirect garment orders to India. Recently, Sheikh Hasina resigned amid pr
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Tata Power formed a partnership with Druk Green Power Corporation Limited for a 600 MW hydropower project in Bhutan. With a 40% equity stake, the esti
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Mahindra & Mahindra has seen its services sector contribute around 30-40 percent to profits. With further growth in Mahindra Finance and Tech Mahindra
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Coal India Ltd and GAIL (India) Ltd have agreed to establish a coal-to-synthetic natural gas plant in Raniganj, West Bengal, using surface coal gasifi
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The government has directed state-run banks to help regional rural banks (RRBs) upgrade their technology and join the National Payment Corporation of
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In Q2 2024, India's 5G smartphone shipments increased by 56% YoY, reaching a 79% market share, as reported by CyberMedia Research. Vivo topped the seg
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