Economic Times

India's rise as a global manufacturing hub is driving increased warehousing demand, with multinationals setting up factories. Supportive government po
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Amazon and Samara Capital are investing heavily in More Retail, infusing over Rs 387 crore last fiscal. The company aims to reduce losses by closing u
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IndiGo, India's largest airline, has appointed Isidro Porqueras as its new Chief Operating Officer starting November 1. He replaces Wolfgang Prock Sch
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Bank of America has appointed Sonali Sharma as head of legal (India) and general counsel. Sharma, an experienced lawyer with a background in capital m
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Speciality Restaurants, India's first publicly listed restaurant company, plans to open 40-50 new outlets in the next three years. The expansion will
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Adani Green Energy Ltd (AGEL) has formed a 50:50 joint venture with TotalEnergies, with the latter investing USD 444 million to acquire a stake in AGE
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Intuitive Surgical has opened a Global Capability Centre in Bengaluru, employing up to 250 full-time positions across various functions. The centre wi
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Kishore Mishrilal Bang, promoter of Nirmal Bang Securities, has acquired two luxury apartments in south Mumbai's Mahalaxmi locality for Rs 45.69 crore
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IndiGo has nominated Mr. Isidro Porqueras as its new Chief Operating Officer, effective November 1, 2024, pending regulatory approvals. Porqueras, who
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The Finance Ministry's August review highlights that recent drops in crude oil prices are beneficial for India, despite concerns about potential globa
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Cut and polished diamond exports from India are projected to decline by 18-19% in 2024-25 due to reduced demand in the US and China. The downturn is d
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Hartek Group has surpassed 10GW of solar capacity through its power system, T&D, and Renewable EPC business units. The company has built EHV/HV substa
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NTPC Green Energy Limited has partnered with MAHAPREIT to develop 10 gigawatt renewable energy projects in Maharashtra and other states. The joint ven
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The execution of the project will expand company's existing IPP (independent power producing) capacity to approximately 50 MW.
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SpiceJet has cleared all pending salary dues of its employees after securing a fresh capital infusion of Rs 3,000 crore. Salaries for July and August,
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HDFC Bank has updated its SmartWealth app to include Instant SIP, allowing users to invest in mutual funds on the same day they spot an opportunity. T
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Bandhan Life Insurance has partnered with Bandhan Bank to distribute life insurance products through its 1,700 branches. The company plans to expand i
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Tyre manufacturers are facing challenges as natural rubber prices have surged by over 33% in the first five months of this fiscal year. This price hik
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The Reserve Bank of India's recent regulatory measures may moderate the strong credit growth of Indian finance companies, according to S&P Global Rati
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Asus, a Taiwanese IT hardware maker, plans to enter the Indian government contract market for laptops and PCs by 2025. The company aims to meet local
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