Harnessing India's e-commerce potential for the next export growth surge
India aims to enhance its e-commerce exports, currently at $15.8 billion, through initiatives like dedicated export hubs and streamlined regulations. These efforts seek to bolster the market presence of domestic manufacturers, particularly MSMEs, as part of a broader export strategy
IHCL inks 150-key greenfield property in Prayagraj under Gateway brand
The signing aligns with IHCL's strategy of penetrating emerging markets in tier II and III cities, said Executive Vice President – Real Estate and Development Suma Venkatesh
SIAM chief sees threat to auto sector from crude price uncertainties over Middle East crisis
According to the SIAM president, the rising fuel prices has more sensitivity in the commercial vehicle segment than on other segments such as cars, scooters and motorcycles
HCL Tech Q2 FY25: Is there further steam in the stock, post a strong quarter?
The third quarter should be relatively better for HCL’s software business and Q4 should be good too
Divergence in order bookings of TCS, Accenture warrants investor attention
Order inflows at TCS declined in last two quarters while Accenture reported strong growth in bookings
Under a new owner, Glenmark Life Sciences aims to shed past constraints
The company plans to double its investments in the next 2-3 years
Ratan Tata, leading Indian businessman, 1937-2024
Industrialist who led the Tata conglomerate’s acquisition of Jaguar Land Rover and UK steel plants, with mixed results
Why this financier fails to make the long-term cut despite the glitter
The long-term prospects for Manappuram’s non-gold businesses are unclear at the moment
Are bank deposits finally showing some strength?
Quarterly updates of 11 banks indicate higher growth in deposits for the majority
As investments rise at Sun Pharma, watch out for impact on profit margins
The company has extended its agreement with Philogen to commercialise an immunotherapy drug globally
Business in the Week Ahead: October 7-13
RBI policy meet, TCS results, FOMC minutes, US inflation are the key events and data points to track
Bank of Baroda to sell Oman operations to Bank Dhofar
The total business of BoB's operation in the country was 113.35 million Omani Rial while the net worth stood at 25.54 million Omani Rial
Hindustan Zinc Q2 mined metal production rises by 2%
Refined zinc production at 1,98,000 tonnes was up seven percent as compared to 2QFY24
Blue Star says WJ Towell raises claim in arbitration to Rs 461.74 crore
Blue Star said the claims filed by WJT are frivolous, unsubstantiated and will not have any material financial impact on it
Foxconn plans to invest up to Rs 424 crore in semiconductor JV with HCL
Foxconn earlier invested about Rs 246 crore in the JV through its subsidiary Big Innovation Holdings and further increased the investment amount to Rs 312 crore
PV sales fall nearly 2% at 3.57 lakh units in September, 3rd month of decline
While carmakers were cutting down dispatches to match retail numbers, the high base effect of last year also resulted in degrowth in total PV volumes
Chart of the Day: Stressed power plants get a fresh lease of life
Resolution of stressed thermal power plants is picking up pace on rising electricity demand and improving operating metrics
Tata Steel ends 'legacy steelmaking' at UK's largest steelworks
Steelmaking at the site is now set to resume in 2027-2028 as part of a British government-backed investment programme of around GBP 1.25 billion in Electric Arc Furnace-based steelmaking, using UK-sourced scrap steel
BEL inks pact with ISRO to boost indigenisation of defence and space production
The MoU with Space Applications Centre (SAC), ISRO is to collaborate, indigenise, and develop infrastructure for manufacturing space-grade Travelling Wave Tube Amplifiers (TWTAs) in India, BEL said
Govt gives additional charge of Rashtriya Ispat Nigam CMD to Ajit Kumar Saxena
RINL, under the Ministry of Steel, is a steel manufacturing company that owns and operates a 7.5-million tonne plant at Visakhapatnam. The company has been facing severe financial and operational issues
Coromandel’s backward integration to yield tangible earnings benefits
The Baobab Mining acquisition will help Coromandel secure supplies of a key raw material
Indian Bank to raise Rs 5,000 crore via infrastructure bonds
The fund raise would be done in one or more tranches during the current or subsequent financial year based on the requirement for financing/refinancing of infrastructure and affordable housing, the lender said
SAIL members authorise board to undertake multi-crore 'material related party transactions' with JVs
NTPC-SAIL Power Company is a joint venture between power generation company NTPC and steel maker SAIL
CBI registers bank fraud case against Cox and Kings promoters, directors
The travel company submitted manipulated records to get credit facilities from Yes Bank, officials said.
