EXECUTION SCALE UP
Stable economy boosts India's housing market to new heights, scales 11-year peak The housing property market across India is seeing substantial growth in sales volumes, driven by stable economic conditions and continued confidence, even amidst higher mortgage rates. This uptrend is led by the top eight cities, including Mumbai, ...
05 Jul, 2024, 09.54 AM ISTIndia has the second-highest open access quantum computing users after US, says IBM executive In an interview to ET, Jay Gambetta, vice president of IBM Quantum, said he saw big opportunities for India to become a pioneer in quantum computing in use cases as varied as sustainability and green hydrogen, efficiency of CO2 recapture process or ...
02 Jul, 2024, 06.00 AM ISTNike stock plunges as gloomy sales forecast fans growth concerns Nike faces stock woes and market challenges, prompting a potential shift in leadership under CEO John Donahoe's digital-focused strategy. The company's strategic pivots towards sustainability and product revamps aim to counter market pressures, sign...
29 Jun, 2024, 09.24 AM IST
NBFCs need to focus on compliance, risk and liquidity, says RBI executive director R Lakshmi Kanth Rao Non-banking finance companies (NBFCs) were advised by RBI executive director R Lakshmi Kanth Rao to prioritize compliance, risk management, liquidity management, and customer protection. Rao emphasized the regulatory differences between banks and NB...
21 Jun, 2024, 05.14 PM ISTCreme Castle raises Rs 7 crore seed funding from V3 Ventures CRISIL data shows Indian bakery market is expected to grow in the range of 11-12% between 2024 to 2028, to reach sales of Rs 1,850 billion by FY2028. Citing the same data Creme Castle said since Indians are spending more on celebrations and because ...
13 Jun, 2024, 02.29 PM ISTCEOs got hefty pay raises in 2023, widening the gap with the workers they oversee Top paid female CEOs in 2023 include Lisa Su, Mary Barra, Jane Fraser, Kathy Warden, and Carol Tome. Lisa Su of Advanced Micro Devices led with USD30.3 million. Female CEO median pay rose 21% to USD17.6 million, outperforming male counterparts.
03 Jun, 2024, 05.09 PM ISTInd-Ra upgrades Adani Green Energy's rating, outlook stable The ratings also reflect Ind-Ra's expectation of favourable operational to under-construction book ratio, given the operational capacity of nearly 10.9 GW, and an increase in annual capacity addition targets to 5GW.
30 May, 2024, 03.24 PM ISTMyntra gained market share, scaling beauty and home decor: CEO Nandita Sinha Over the past year-and-a-half, online fashion retailer Myntra has gained market share even as rivals like Reliance Ajio and Nykaa Fashion have snapped at its heels, chief executive Nandita Sinha told ET in an interview–without naming the competition.
28 May, 2024, 01.58 PM ISTAs macro climate changes, GenAI will also scale up: Infosys CEO Salil Parekh In a wide-ranging interview with Sameer Ranjan Bakshi, Beena Parmar and Surabhi Agarwal, Salil Parekh, chief executive and managing director of Infosys, spoke of his plans to prepare the $18.6 billion software services giant — through its Topaz plat...
28 May, 2024, 06.00 AM ISTMNCs now offer best salary package to seasoned professionals to scale up their GCCs in India Industry leaders report that multinational corporations are offering substantial compensation packages to recruit experienced professionals for their global capability centers (GCCs) in India. Over the past two years, there has been a noticeable inc...
24 May, 2024, 08.32 PM ISTDelhivery’s chief business officer Sandeep Barasia exits after nearly a decade New-age logistics firm Delhivery reported a net loss of Rs 68 crore for the January-March quarter, slipping back into the red after posting a profit after tax of Rs 12 crore for the December quarter. On a year-on-year basis, the net loss was down 57...
17 May, 2024, 07.29 PM ISTCapitaLand India Trust (CLINT) appoints Gauri Shankar Nagabhushanam as Chief Executive Officer-Designate. Gauri Shankar Nagabhushanam is set to become the Chief Executive Officer of CapitaLand India Trust (CLINT) in August 2024. He brings over 20 years of experience in real estate private equity, fund management, and corporate finance. Previously, he se...
15 May, 2024, 07.05 PM ISTIndian companies likely to use existing AI models to leverage their data: Intel executive Santhosh Viswanathan, vice president and managing director for the India region at chipmaker Intel, said the Indian market was at an “inflection point” with digitisation being a fundamental change and accelerant for the economy.
15 May, 2024, 06.00 AM ISTIndia to become AI use case capital of the world: Nandan Nilekani Nandan Nilekani's People+ai introduces 'Adbhut India' and OCC project, emphasizing frugal AI innovation in India. The initiatives aim to leverage the country's population and digital infrastructure for impactful AI solutions, fostering healthy compe...
13 May, 2024, 09.59 AM ISTBritain attracts new £1 biliion AI investment US tech firm CoreWeave, a provider of cloud computing services for artificial intelligence, said Friday it will plough £1.0 billion ($1.3 billion) into Britain, the country's latest major AI investment. "We're leaving no stone unturned to make the U...
11 May, 2024, 02.23 PM ISTStock picks of the week: 4 stocks with consistent score improvement and upside potential of up to 39% Last week’s movement of the market has brought back some memories of what happened in March 2024. Given the event risk in terms of election results, we might see higher volatility as some profit booking takes place. If one is not a trader and knows ...
11 May, 2024, 01.25 PM ISTHyundai plans to scale up production capacity, introduce more EVs in India Hyundai Motor Group aims to boost its annual production capacity to 1.5 million units in India, focusing on expanding EV offerings and using India as an export hub. Hyundai plans to launch its first locally produced EV in 2023 and expand its EV line...
25 Apr, 2024, 01.19 PM ISTEldeco scales up platform with HDFC Capital to Rs 850 crore Eldeco Infrastructure and Properties, part of the Eldeco group, has raised Rs 350 crore from HDFC Capital Advisors Limited for their joint platform to develop residential projects across India. The platform aims to generate Rs 8,000 crore from 17 pr...
24 Apr, 2024, 06.24 PM ISTAuto dispatches scale new peak as dealers stock up post year-end sales Sales of two-wheelers rose 26% from a year earlier to 1,495,183 units last month. Three-wheeler dispatches went up by 9.5% to 53,537 units. "Passenger vehicles sales have remained resilient led by positive consumer sentiments, while the two-wheeler ...
15 Feb, 2024, 12.18 AM ISTIndia Inc acquires right expat-ise to scale new growth Kotak Mahindra Bank, Vedanta, Larsen & Toubro, the Tata Group and the Adani Group are among large Indian conglomerates and companies that are bullish on expat talent, they said. There is also increased interest among these executives to work in Indi...
07 Jan, 2024, 06.35 AM IST