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Uniqlo intends to have a significant manufacturing footprint in India-thumnail

Uniqlo intends to have a significant manufacturing footprint in India

Fast Retailing, the parent company of Uniqlo, is attempting to establish a sizable manufacturing presence in India through 20 “production partners,” according to insiders who spoke to ET.

Business

Jun 29, 2023

Indian stock indices Nifty and Sensx reaches all time high; Nifty touches 18,880 mark.-thumnail

Indian stock indices Nifty and Sensx reaches all time high; Nifty touches 18,880 mark.

Deepak Jasani, the Head of Retail Research at HDFC Securities, remarked, “U.S. stocks concluded Tuesday on a positive note, primarily driven by the stellar performance of mega tech stocks. The

Business

Jun 28, 2023

Dhirren Raj, CEO, Matha Theresa Group-thumnail

Dhirren Raj, CEO, Matha Theresa Group

We have talked to people at different phases with fewer than 100 users who say, ‘We’re going to start on personalisation, and I’m thinking, ‘How are we going to personalize?

Advertising

Jun 28, 2023

Amazon to unveil 7th Prime day sale on 15th July; to see 45,000 new products launch-thumnail

Amazon to unveil 7th Prime day sale on 15th July; to see 45,000 new products launch

Amazon India, the e-commerce behemoth, is gearing up to kick off its much-anticipated flagship sale event, Prime Day, commencing precisely at the stroke of midnight on July 15th and concluding

Business

Jun 28, 2023

World bank approves $200 million to increase and refoirm Himachal Pradesh’s Hydropower capacity.-thumnail

World bank approves $200 million to increase and refoirm Himachal Pradesh’s Hydropower capacity.

In a statement released on a fine Wednesday, the World Bank declared that this substantial funding would play a pivotal role in empowering the state to fortify its renewable energy

Business

Jun 28, 2023

Sekura is in discussions to acquire the $670 million in road assets owned by Ashoka Buildcon-thumnail

Sekura is in discussions to acquire the $670 million in road assets owned by Ashoka Buildcon

According to two people with knowledge of the situation, Sekura, an infrastructure platform owned by the Edelweiss Infrastructure Yield fund, has opened exclusive negotiations to purchase a portfolio of 11

Business

Jun 28, 2023

PwC Announces Smaller Pay Rises and Bonuses for UK Staff Amid Challenging Market Conditions-thumnail

PwC Announces Smaller Pay Rises and Bonuses for UK Staff Amid Challenging Market Conditions

Professional services firm PwC has informed its 25,000 employees in the UK to expect reduced pay rises and bonuses, and even potential freezes, due to what it describes as “challenging”

Business

Jun 28, 2023

China’s Industrial Profits Continue to Decline, Prompting Calls for Policy Support-thumnail

China’s Industrial Profits Continue to Decline, Prompting Calls for Policy Support

China’s industrial firms have witnessed a significant double-digit decline in annual profits during the first five months of the year. This decline is attributed to softening demand, which has squeezed

Business

Jun 28, 2023

40% of India’s exports may be impacted by US and European economic slowdowns-thumnail

40% of India’s exports may be impacted by US and European economic slowdowns

The impending economic slowdown in advanced nations, particularly the US and Eurozone, is expected to have an adverse effect on micro, small, and medium-sized enterprises (MSMEs), which account for about

Business

Jun 28, 2023

WEF ranks India 67th in Energy Transition Index, Sweden tops the list-thumnail

WEF ranks India 67th in Energy Transition Index, Sweden tops the list

India is the only large country with energy transition momentum that is accelerating across all dimensions, according to the World Economic Forum, which put India at 67th in the world

Business

Jun 28, 2023

A report says India produced 2.7 crore vehicles in FY23 worth $108 billion-thumnail

A report says India produced 2.7 crore vehicles in FY23 worth $108 billion

In FY23, the Indian auto sector produced a staggering 2.7 crore vehicles across segments and kinds, valued at over USD 108 billion (Rs 8.7 lakh crore), with the passenger vehicle

Business

Jun 28, 2023

Reduce prices to boost sales of FMCG products-thumnail

Reduce prices to boost sales of FMCG products

To fend off competition and assure volume recovery, producers of fast-moving consumer products would need to resort to further price reductions, according to analysts at BNP Paribas. Undoubtedly, during the

BFSI

Jun 28, 2023


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