'We are anticipating that the hiring trend will continue to see double-digit growth at least for the current financial year.'
Unveiling his infrastructure conglomerate's green vision, billionaire Gautam Adani on Tuesday said his group will invest $20 billion over the next 10 years in renewable energy generation and component manufacturing and will produce the world's cheapest green electron. The port-to-energy conglomerate plans to triple its renewable power generation capacity over the next four years, foray into green hydrogen production, power all data centres with renewable energy, turn its ports into net carbon zero by 2025, and plans to spend over 75 per cent of capital expenditure until 2025 in green technologies, he said. Speaking at JP Morgan India Investor Summit, Adani Group chairman said the USD 20 billion investment will be in renewable energy generation, component manufacturing, transmission and distribution.
Ola Electric on Thursday said it will bring its electric scooter to the Indian market in July this year, and is working on setting up a 'Hypercharger Network' to include one lakh charging points across 400 cities. Last year, Ola had announced a Rs 2,400 crore investment for setting up its first electric scooter factory in Tamil Nadu. Upon completion, the factory will create nearly 10,000 jobs and will be the world's largest scooter manufacturing facility that will initially have an annual capacity of 2 million units.
Firm attributes move to pandemic and legal spat with Fiat Chrysler, says it is in line with group's strategy to re-think capital allocation and drive efficiency.
The company has also issued a ban on all non-essential domestic and international business travel, and is encouraging employees who may have returned from international travel to work from home for 14 days.
India had sought Pakistan's permission to use the country's airspace on October 28 for Prime Minister Modi, who will be visiting Saudi Arabia to participate in an international business conference on October 29.
The Taliban have been known for using violence to force the people to accept their agenda and views, he added.
By splitting its business into separate verticals with dedicated portfolio heads, CavinKare looks to improve distribution and facilitate more launches in the future
Over 10 Indian start-ups with total valuations of $84 billion (some are planning fresh fund-raising) are bracing to launch initial public offerings (IPOs) in the next 36 months. While the size of their IPOs is under discussion, estimates are that they would together raise a minimum of over $8-10 billion during the initial listing.
Overseas education consultant NNS Chandra offers advice.
The new law permits for the first time Chinese security agencies to open their establishments and operate in Hong Kong.
Former CEA Arvind Subramanian called for research in the area and urged the NSE Centre for Behavioural Science in Finance, Economics and Marketing to explain why as the economy has been going down, the stock market has been going up.
At least two of them - Lava and Micromax - are arming themselves against the Chinese rivals which made them insignificant in the local market over the past few years.
Aanchal Shrivastava took a huge risk when she quit a well paying job to become a full-time singer.
Byju Classes' founder Byju Raveendran, Zomato co-founder Gaurav Gupta, CEO of Antara Senior Living, Tara Singh Vachani, Vinati Organics' MD & CEO Vinati Mutreja and Swapan Mehra, CEO of Iora Ecological Solutions are among 115 young leaders.
In a departure from the past, when IHCL adopted the organic route for entering markets like London and New York, this time around the expansion will be acquisition-led.
Jack Ma who had five years ago said he was inspired and excited by "Make in India" possibly understood the essence of the signature campaign better than some others and decided to stay away from India other than as an investor, says Nivedita Mookerji.
Founded in 1900, the Davis Cup is the largest annual international team competition in sport, but has suffered as a spectacle since many top players began opting out.
Under the tagline of 'India means business', the roundtable was attended by 40 CEOs of global companies and 20 from India.
Nomura Group Study found that in 2019, out of the fifty-six companies which shifted their production out of China, only three of these invested in India; while 26 went to Vietnam, 11 to Taiwan, and 08 to Thailand. In April 2020, Nikkei noted that out of the 1,000 firms which were planning to leave China and invest in Asian countries, only 300 of them were seriously thinking of investing in India.
An astute advertising professional, he took Ogilvy & Mather India to the number one position after coming on board as managing director in 1994
An insider said that over the past decade or so Cipla has become immune to the exits of leaders. There have been no directional change in the long-term strategies.
Ozil called minority Uighur Muslims 'warriors who resist persecution', has not gone down well with China. China is EPL's most lucrative overseas market. Could Arsenal suffer fallout?
With monsoon rainfall 16% below the long-period average, total sowing area is down by 7% at 56.7 million hectares so far this season.
Workshop on international business etiquette and fine dining by Sabira Merchant.
The biggest challenge is not the airline's debt, but downsizing its 16,800 employees, says Surajeet Dasgupta.
It will be like Ghar ka Swad Davos mein for the PM.
These pics prove that Miss World 2018 is a stunner (and a winner).
M D Riti pays tribute to Bangalore's homegrown business giant.
Rediff readers tell us about their first salaries.
'She was the unanimous choice of the search-cum-selection committee.'
"Both domestic and international business grew well this quarter. Growth in net sales of the domestic business was close to 50 per cent, while the international business saw nearly a three-fold growth during the same period. Our international acquisitions have played a role in helping us register good numbers this quarter."
'My housemate lost his father just a day after he turned 22.' 'Because of the lockdown he couldn't do anything about it.'
'Vigilance is the enemy of the virus.' 'We need to be alert all the time, about this, until we fully understand it.' 'And that's going to take years, actually.'
Some years ago, Rakesh Gangwal reportedly said his relationship with Rahul Bhatia evolved in an amazing friendship, which he termed 'blind trust'. The question is whether that is under scrutiny now.
Modi, the first Indian prime minister to attend the summit in two decades, would deliver the opening plenary address at the summit on Tuesday.
Infrastructure, manufacturing and telecom are understood to be among the focus sectors
'What's on offer for India is to establish a production line here that would be the world's only production line.'
Cairn said it had initiated arbitration.
Villarreal youngster Ashique Kuruniyan, signed on loan from Indian Super League club FC Pune City, is set for a spell on the sidelines after picking up an injury.
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