The government is contemplating merging RINL with SAIL as a solution for the financial and operational challenges faced by RINL’s Visakhapatnam steel plant. Other strategies […]
Month: September 2024
Musk is ‘looking into’ Tesla’s German workers’ sick leaves
Tesla’s Grunheide factory in Europe is experiencing high absenteeism, with a 17% sick leave rate in August. CEO Elon Musk is looking into the issue. […]
Indians’ net worth & debt, both at record highs: Study
Indian households’ net worth has soared to a record 157% of GDP in Q1 FY25, largely driven by substantial investments in equity and mutual funds. […]
Sourcing from India up 20x in 5 years: GE
GE Aerospace has boosted its exports from India by 20 times between 2018 and 2022. The company is working on advanced fuel-efficient engines at its […]
Karnataka’s GCC policy to create 500 centres, 3.5 lakh jobs in 5 years
Karnataka has unveiled India’s first Global Capability Centres (GCC) policy, aiming to establish 500 new GCCs by 2029 and generate $50 billion in economic output. […]
With 227 IPOs, India leads in listing race this year: Report
India led the global IPO market with 227 transactions amounting to $12.2 billion in the first eight months of 2024, driven by strong market sentiment […]
‘Retail loan stress may remain high in Sept quarter’
Yes Bank CEO Prashant Kumar foresees high retail stress in the September quarter, attributing it to aggressive unsecured lending. Lending has since slowed, and collections […]
Economy to grow at 6.5-7% in 2024-25: CEA Nageswaran
Chief Economic Advisor V Anantha Nageswaran projects India’s economy to grow at 6.5-7% this financial year. He attributes this to post-Covid recovery, prudent fiscal policies, […]
New age tech IPOs rake in Rs 15,000 crore, best year since 2021
New-age tech IPOs are benefiting from bullish stock market sentiments after a three-year lull. This year has seen nearly Rs 15,000 crore raised through IPOs, […]
