Pushkar Sinha, Vice President (Sales, Business Development and Customer care), at Atul Auto New Delhi: Pushkar Sinha, Vice President (Sales, Business Development, and Customer Care), at Atul Auto Limited (AAL) has recently resigned from his position, a source aware of the matter told ETAuto. He joined the three-wheeler manufacturing company in Rajkot, Gujarat in January… Continue reading Pushkar Sinha quits Atul Auto as VP Sales, Business Development
Author: Economic Times of India Online News
Divergent yields may hint at an early end to rate hikes
The interest rate on short-term paper such as treasury bills has risen more sharply than longer-tenor securities as government and monetary policy action provide comfort that inflation could slow and that the interest rate increase cycle may not last long. Rates on T-bills have shot up nearly 130 basis points since before the off-cycle rate… Continue reading Divergent yields may hint at an early end to rate hikes
Being FutuReady: Re-imagining automotive supply chains in post-Covid world
The impact of the Covid-19 pandemic on supply chains world-over has been profoundly disruptive, to say the least. Reeling under sudden lockdowns, fluctuations in demand and supply, logistics disruptions and shortages, the automotive industry was left in the deep end for over a year and is still recovering from the shock. Global semiconductor shortages continue… Continue reading Being FutuReady: Re-imagining automotive supply chains in post-Covid world
White collar hiring activity up 40% from year ago in May
The white collar job market continued to show robust recovery in May as hiring activity surged over 40% compared to a year ago amid recovery across key industry sectors, according to the latest data from jobs portal Naukri.com based on its JobSpeak Index. The key sectors that led the growth were travel and hospitality (+352%… Continue reading White collar hiring activity up 40% from year ago in May
Inflation conundrum: The need to tackle supply-side disruptions without dampening economic recovery
On May 4th, RBI caught the country by surprise by announcing a 40-basis point increase in the policy repo rate. In addition, RBI increased the CRR by 50 basis points to 4.5%. The announcement was made after an emergency meeting of the Monetary Policy Committee. Later, on the same day and after the RBI announcement,… Continue reading Inflation conundrum: The need to tackle supply-side disruptions without dampening economic recovery
View: India can’t afford to lose the world’s trust on trade
Modi himself is intensely attuned to international perceptions of India. Yet he keeps on being forced into embarrassing climbdowns by his own government. Indian Prime Minister Narendra Modi often speaks of “trusted” supply chains. At the G-20 last year, he said that global supply chains depend upon “trust, transparency, and timeframes”; he’s made a similar… Continue reading View: India can’t afford to lose the world’s trust on trade
Private equity to boost EV foray of Greaves Cotton
Greaves Cotton through its electric vehicles (EV) subsidiary has become the second listed company after Tata Motors to tap overseas private equity to fund the EV venture. Abdul Latif Jameel International (ALJI), a Saudi based fund, will invest $150 million (Rs 1,160 crore) for 35.8% stake in Greaves Electric Mobility (GEM). This values the latter… Continue reading Private equity to boost EV foray of Greaves Cotton
NHAI to raise ₹20k crore from monetisation
During 2021-22, the NHAI had raised Rs 8,000 crore through monetisation of five projects accounting for 400 km through the first tranche of InVIT. NEW DELHI: The National Highways Authority of India (NHAI) has put out a list of 14 NH projects with a cumulative length of 1,750 km which will be monetised during the… Continue reading NHAI to raise ₹20k crore from monetisation
Auto sales in May 2022: All segments move up from the pandemic-marred low base of May 2021
For the passenger vehicle segment in May 2022, there were production constraints owing to the semiconductor shortage. New Delhi: The good news is that all segments of the automobile industry were in the green in May 2022. This comes after a long time and looks like a real relief. But the not-so-good news is that… Continue reading Auto sales in May 2022: All segments move up from the pandemic-marred low base of May 2021
Bilateral trade between India and Korea grew 40% to $23.7 billion in 2021
The bilateral trade between India and Korea grew 40 per cent to USD 23.7 billion in 2021, according to Korea Trade-Investment Promotion Agency (KOTRA). In 2020, the value of bilateral trade between the two countries was at USD 16.9 billion. KOTRA is the economic division of the Embassy of the Republic of Korea in India.… Continue reading Bilateral trade between India and Korea grew 40% to $23.7 billion in 2021