The Economic Times

MV Ramsurya

  • India Inc tightens belt, cuts production

    India Inc tightens belt, cuts production

    Liquidity crisis and slowing demand shows its effect. Cos are adopting cost cuts and slashing production to remain viable. How much did Billionaires lose? | Top biz families lose $131 bn

    Buyers seek to rejig contracts as steel cools

    Buyers seek to rejig contracts as steel cools

    After a three-year bull run in prices, the current tight credit market and a slowing demand have led foreign buyers of Indian steel press for renegotiation of contracts to include current lower price levels.

    KPMG execs switch base to India

    KPMG execs switch base to India

    KPMG, part of the Big Four, has seen 10 partners from its global network, shift their base to India to assist in cross-border deals.

    Promoter holding in Hindalco set to climb

    Promoter holding in Hindalco set to climb

    The shareholding of the promoters of Hindalco Industries, a flagship company of the Aditya Birla group, is likely to increase by about 4.5%.

    Companies face the heat from rising rates, slowdown

    Companies face the heat from rising rates, slowdown

    From interest rates of about 8% to 9% that were prevalent last year - rates at which lending was done for companies - to current rates of about 13%, the financial performance of most companies could be affected.

    Suzlon eyes rival talent to power local business

    Suzlon eyes rival talent to power local business

    Apart from advancing efforts to increase its stake in Germany’s REpower to consolidate its position globally as the world’s fifth-largest wind turbine maker, Suzlon Energy has also been recruiting top executives from the industry.

    Nuclear deal to power India Inc’s growth engine

    Nuclear deal to power India Inc’s growth engine

    Engineering sector feels it is all set to see a sharp increase in business contracts, thanks to the Nuclear Suppliers Group’s decision that has overturned a three-decade-long ban on India.

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