'He has emerged as a formidable leader who cannot be ignored anymore, who cannot be mocked.'
The top 25 global technology (tech) firms, including Apple, Microsoft, Amazon, Tencent, Samsung, Oracle, and Accenture, collectively lost over $600 billion in market capitalisation (m-cap) during the July-September quarter (third quarter, or Q3) of calendar year 2023 (CY23), reveals a recent report by GlobalData, a London-based analytics and consulting company.
Reacting to the results, Congress general secretary Priyanka Gandhi Vadra said that in the by-elections held on 13 seats in seven states, the people of the country have given their support to the INDIA bloc.
If Tesla comes in, India's position as a manufacturing hub will rise many notches, as it will become only the second country, after China, to have both Apple as well as Tesla.
Union Minister of Commerce and Textiles Piyush Goyal has stirred up a hornet's nest by taking on India Inc, specifically the Tata group, which is among the companies that lobbied against the Modi government's pro-consumer draft e-commerce policies. While Goyal's comments, made at a Confederation of Indian Industry (CII) event, were streamed live on YouTube, the industry lobbying body later edited the video and subsequently withdrew the entire speech. Goyal had said the Tata group and other Indian companies often lobbied for their interest, while ignoring national interest.
In FY22-23, Samsung exported $4.09 billion smartphones from India -- an increase of 42 per cent over 2021, when it was $2.8 billion -- accounting for 35 per cent of all smartphone exports.
Severe skilled, unskilled shortage threatens to pull emergency brakes on India's industrial engine.
Mars Inc set to open first chocolate factory in India.
The Nassau County ground's pitch in New York has become a concern in the ongoing T20 World Cup.
Some of India's biggest employers are testing for antibodies to either comply with regulatory norms or gauge the effectiveness of precautionary measures.
'The hiring in India will be primarily around skills in data engineering, AI, and product engineering.'
Zeeshan Siddiqui lashed out at the Congress over its treatment of minorities and accused it of being 'communal'.
Demand on rise as companies look to expand in Asian, European markets
Profitability and cash reserves have halved since the global financial crisis.
The only flag bearers of Bengal Inc were Umesh Choudhury, vice-chairman, Titagarh Wagon; Sanjay Bansal, head, Ambootia Tea, S K Banerjee, head, Makaibari Tea.
Google is also working with the Election Commission of India to enable people to easily discover critical voting information on its search platform -- like, how to register and how to vote -- in both English and Hindi.
According to BJP insiders, every Union minister has been given 3-4 seats to mentor and has been told to work hard on these constituencies in the next 20 months to ensure the party's victory.
72 per cent of the revenue of Indian firms (India Inc) is derived from the domestic / home market - the sixth highest in percentage terms in the emerging market (EM) and the Asian region, said a recent report by Morgan Stanley. The balance, according to the report titled 'Global Exposure Guide 2021' co-authored by analysts led by Jonathan F Garner, their chief Asia and emerging market strategist, is split between the developed markets (DMs) and other EMs. The report is based on an analysis of 3,300 companies globally that have revenue exposure in 17 different regions.
India Inc on Tuesday expressed deep reservations over the supplier liability provision -- the contentious Clause 17(b) -- in the Civil Liability for Nuclear Damages Bill, 2010, saying it would seriously hinder nuclear commerce.
'Dynastic politics has become a tool of convenience for political parties. The BJP does not hesitate to accept it when it comes to its own alliance or party candidates. The same goes for the others.'
Fortunes of five richest men have more than doubled since 2020 and the world could have its first-ever trillionaire in just a decade while it would take more than two centuries to end poverty, rights group Oxfam said on Monday.
The Congress now knows that it is the only force -- however weakened it might be -- that stands between the BJP and India's evolution into a single-party Republic. Because, once it is out of the way, the BJP could sort out the other regional powers: Co-opting some, demolishing others, asserts Shekhar Gupta.
Many firms have asked those joining on April 1 to delay their on-boarding by 2-3 months. The outlook for the airline, tourism, hotel, and media industries is bleak too.
There are huge opportunities for US companies to invest in India, he said in Washington, DC.
We are already seeing pressure of inflation, we also seeing slowdown in manufacturing, hope excise rates are not increased because that will get passed to the consumer.
Having rung in the New Year with two major acquisitions in the metals space, India Inc is set to execute more such deals, albeit in automotive, pharma and IT sectors, with companies in Europe being the targets.
It is for the first time in the history of Independent India that not a single Muslim is part of the Union Cabinet.
Food inflation fell to a four-month low of 9.18 per cent for the week ended March 26, even as wholesale price inflation stood at 8.31 per cent in February.
The Indian equity market clocked record average daily turnover (ADTV) in both the cash and derivatives segments in February amid a spike in volatility. The ADTV for the cash segment for both the exchanges combined came at Rs 1.27 trillion, while the same for the derivatives or the futures and options (F&O) segment stood at Rs 483 trillion in the previous month. The volumes for both cash and derivatives have almost doubled from a year ago on the back of rising retail participation in the world's fourth largest equity market.
A sharp hike in global commodity prices meant that India Inc's raw material costs rose 38 per cent and, since they constitute 41 per cent of sales revenues, this lowered profits growth to 35 per cent (from 62 per cent in Q3).
Rahul Gandhi spoke about his vision of empowering women and giving voice to the people of billion-strong nation.
'Since there is no photo-op, or quick fix solutions, politicians do not want to address climate change. It is very unfashionable.'
'Elsewhere in the world, you do not get a second chance to be launched. I think he (Gandhi) has now been launched 19 times'
Industry body Assocham said the focus continues to be on rising inflation and not on the country's economic growth.
Mamata-wary corporate heads hope economics wins over politics in Budget.
The Enforcement Directorate (ED) is probing alleged fraudulent foreign funds infusion of more than Rs 86 crore into a company that runs the NewsClick portal even as it is expected to soon file a charge sheet in the case being probed under the anti-money laundering law, official sources said on Monday.
The new scheme, promoting manufacturing of electric vehicles (EVs) by global majors, will give a fillip to companies like Tesla and its upstart rival Vinfast, both of whom have lobbied for lower import duties from the Centre. While Vinfast has already announced an investment of Rs 4,000 crore to set up an electric vehicle (EV) plant in Tamil Nadu, Tesla's next move will be watched carefully. Four years ago, Musk announced that his company would come to India.
