Mumbai: The proposed merger between the Bangalore-based listed companies hospital chain Aster DM Healthcare and based in Hyderabad Quality care India is in the final stages of negotiations and the deal is expected to be signed later this month. investment banking Sources told ET. The likely sharing ratio in the new merged entity is expected … Read more
2 minutes reading time Last update: September 19, 2024 | 00:11 IS Driven by Apple Inc.’s mobile devices and iPhone suppliers, electronics exports grew 21.8 percent in April-August of fiscal year 2024-25 (FY25) compared to the same period last year, reaching $13.57 billion. This made electronics the fastest-growing commodity among the country’s top 10 merchandise … Read more
Bombay: Pernod Ricard India Managing director Jean Touboul He said the company has become the country’s largest spirits company, overtaking Diageo in revenue thanks to higher sales of its 100 Pipers Scotch whisky brand and Indian-made foreign spirits brands Blenders Pride and Royal Stag. “The Indian business increased sales by 6% last fiscal year and … Read more
To buy or to rent? This has been a central question in the Indian real estate sector for years. On Wednesday, real estate consultancy Anarock published a study that attempts to clarify the dilemma. The research data showed that rental values ​​in key micromarkets across India’s top 7 cities increased by up to 72 percent … Read more
3 minutes reading time Last update: September 18, 2024 | 20:49 IS The share of low-cost deposits in the banking system, which is already on a downward slope, could decline further to touch levels seen before Covid-19 due to efficient cash management by the government and the corporate sector, State Bank of India Chairman CS … Read more
Mr. Venkatram Mamillapalle, Country Managing Director & Chief Operating Officer, Renault India. 3 minutes reading time Last update: September 18, 2024 | 21:01 IS The plan to launch six new products, including two electric vehicles under the Franco-Japanese auto alliance Renault Nissan, with a total investment of Rs 5,300 crore, has been progressing and is … Read more
1 minute read Last update: September 18, 2024 | 20:32 IS Union Agriculture Minister Shivraj Singh Chouhan on Wednesday said the government’s decision to provide a subsidy of Rs 24,475 crore on phosphate and potash (P&K) fertilisers for the rabi season would help reduce input costs for farmers and improve their income. He also welcomed … Read more
The Telangana government plans to spend Rs 4,000 crore over the next five years on various initiatives to develop micro, small and medium enterprises in the state, the Chief Minister said. A Revanth Reddywho made known the “Telangana MSME Policy 2024″ on Wednesday. Under the new policy, to accelerate the growth of MSMEs, the state … Read more
Panaji: A proposal by Indian Institute of Technology alumni to invest Rs 700 crore to introduce electric buses For Goa public transport The system has been approved by the cabinet, the Chief Minister Pramod Sawant he said. state Kadamba Transport Corporation Chairman Ulhas Tuenkar said the proposal was welcome and would go a long way … Read more
Days after Vladimir Putin invaded Ukraine, Austrian bank Raiffeisen said it was considering selling its business in Russia. Twenty-seven months later, the lender’s unit in the country is doing pretty well. Its staff has grown to nearly 10,000 people, up 7% from 2022. Last year, its profit hit 1.8 billion euros ($2 billion), more than … Read more
