Apollo Hospitals Group CFO on north India expansion, M&A, Apollo Healthco demerger, & listing plans

Apollo Hospitals is gearing up for its next phase of growth with a major expansion in North India. In this exclusive ETCFO interview, Group CFO Krishn...

Will RBI's proposed M&A financing rules ignite a surge in domestic deal-making?

The entry of banks into the M&A financing space introduces increased competition, potentially leading to more favorable lending terms for borrowers, w...

AI data centers to drive 160% surge in power demand by 2030: Goldman Sachs

Energy-intensive artificial intelligence (AI) data centers are expected to drive a sharp rise in power consumption, with data center power usage proje...

Uttarakhand to levy green tax on out-of-state vehicles from December

Uttarakhand will implement a green tax on vehicles entering the state starting in December to combat pollution and promote environmental protection. D...

LIC refutes Washington Post report on $3.9 bn Adani investment

Life Insurance Corporation of India (LIC) has vehemently denied a Washington Post report alleging government pressure to invest $3.9 billion in Adani ...

Global central banks cut US T-bill exposure, increase gold reserves

Global central banks are reducing US Treasury holdings and increasing gold reserves. India's gold reserves surpassed $100 billion. Gold prices experie...

Australia sues Microsoft over AI-linked subscription price hikes

Australia's competition regulator has sued Microsoft. The company is accused of misleading millions of customers. This happened after bundling its Mic...

India faces challenges in local rare earth production amidst China's export restrictions

While Germany and Japan offer alternatives, their equipment is considerably more expensive, potentially affecting project viability. The scheme is awa...

Noel Tata, others unlikely to okay Mehli Mistry's renewal

Tata Trusts trustees Noel Tata, Venu Srinivasan, and Vijay Singh may not approve Mehli Mistry's reappointment. Mistry's term ends soon, and a renewal ...

RBI approves reappointment of C S Rajan as Kotak Mahindra Bank's part-time Chairman

Rajan has been serving as Part-Time Chairman since January 1, 2024, following his appointment as an Independent Director on the Bank's Board in Octobe...

'May' isn't 'shall' penalty not the norm in black money law: ITAT

In a groundbreaking decision, the Income Tax Appellate Tribunal has opened doors for taxpayers, clarifying that penalties for unreported offshore asse...

Lenskart IPO price band set at Rs 382402 per share; check issue size, key dates, other details

Eyewear retailer Lenskart is launching its IPO on October 31, aiming to raise Rs 2,150 crore through a fresh issue and an offer for sale. Backed by Ra...

Indian IT sees pockets of H2 recovery in US, EU as BFSI revs up

Emerging from the shadows, India's IT sector is experiencing resurgence, driven by a flourishing BFSI environment in North America and Europe. While d...

iPhone boom powers India's electronics exports to record highs, set to overtake petroleum

In its race to the third spot, electronics dislodged gems and jewellery and chemicals from third and fourth place, respectively, in FY25.

SBI to hire 3,500 officers in next 5 months to drive business growth

State Bank of India is set to recruit approximately 3,500 officers to strengthen its operations. The bank is also focusing on increasing its women wor...

SMBC to share its global learning with Yes Bank, help raise the bar: CEO

Toru Nakashima, the global CEO of Sumitomo Mitsui Banking Corporation, recently engaged with employees at Yes Bank, emphasizing his commitment to thei...

Wall Street: A make-or-break week with big tech earnings

On Wednesday and Thursday, five firms that account for about a quarter of the S&P 500 Index - Microsoft Corp., Alphabet, Meta Platforms, Amazon....

Japan's Nikkei tops 50,000 mark for first time on stimulus euphoria

Japan's Nikkei stock index has crossed the 50,000 mark for the first time. This milestone follows a series of record highs. Investors anticipate signi...