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2024

Новости за 10.03.2024

Economictimes.indiatimes.com 

KKR, Carlyle and EQT among five buyout funds in race for Healthium

KKR, Carlyle, EQT, Hillhouse, and TA Associates are competing to acquire Healthium Medtech, the largest homegrown surgical sutures and surgical needles manufacturer in India. Apax Partners currently owns 99.8% of Healthium. The company has a significant international presence and moderate client concentration risk.

Economictimes.indiatimes.com 

Upbeat on demand, car cos revise forecast upwards again

India's car industry has revised its growth projections for the fiscal year to over 8%, nearly twice the rate projected at the start of the year. Passenger vehicle sales in the local market are expected to grow by 8.1-8.2% to 4.23 million units in FY24, driven by better-than-expected economic growth, favorable monsoons despite El Nino conditions, and effective monetary policies that helped rein in high inflation without affecting domestic consumption.

Economictimes.indiatimes.com 

Hermann Tilke-led team may design GIFT City F1 track

A consortium of German Formula 1 racetrack designer Tilke, real estate consultancy CBRE, and architecture firm Arcop has been ranked highest on a list of six international consultants competing for designing a racetrack in Gujarat's GIFT City. The Tilke-led consortium scored 98% marks in an evaluation conducted by the Sports Authority of Gujarat. The project could cost up to ₹10,000 crore.

Economictimes.indiatimes.com 

Biggest play: NARCL offers ₹10,000 crore for JP Associates' loans

In the case of JAL, State Bank of India has the largest debt hold at 26%, followed by ICICI Bank at 19% and IDBI Bank at 11%. The company has total principal outstanding debt of ₹17,700 crore as of March 2023. This includes ₹650 crore that Ares SSG Capital-backed Asset Care & Reconstruction Enterprises (ACRE) acquired from Yes Bank and Karnataka Bank. The people said NARCL's ₹10,000 crore offer excludes the debt held by ARCE.

Economictimes.indiatimes.com 

Mike Tyson to fight Jake Paul in match on Netflix on July 20

Mike Tyson will return to the boxing ring at age 58 to face Jake Paul at AT&T Stadium in Arlington, Texas. The fight will be streamed on Netflix, and it is organized by Most Valuable Promotions. Jake Paul has a 9-1 record and recently knocked out Nate Robinson.

Economictimes.indiatimes.com 

Yusuf Pathan, Moitra among Trinamool's list of 42 Lok Sabha names

Trinamool Congress has announced candidates for all 42 West Bengal Lok Sabha seats, balancing representation across various groups. The party has included 12 women, 10 SCs, 3 STs, and 2 OBCs, while 16 candidates have been repeated. The party has also introduced 11 new faces, including Indian cricketer Yusuf Pathan. The party has made it tough for Congress state president Adhir Ranjan by fielding Pathan in Baharampur.

Economictimes.indiatimes.com 

DC win humdinger despite Richa heroics, go on top of table

"Delhi Capitals' Richa Ghosh's poor fitness cost her team a win against Royal Challengers in the Women's Premier League. Despite hitting two sixes and scoring 51 off 29 balls, Ghosh was caught short of the crease in a tight finish. Royal Challengers secured a narrow victory with Jess Jonassen defending 17 runs in the final over.

Economictimes.indiatimes.com 

Centre 'informs' Adhir about imminent EC search panel meet

The Indian government has informed Congress floor leader in the Lok Sabha, Adhir Ranjan Chowdhury, that a search committee meeting will be convened soon to fill the vacancy arising from the resignation of election commissioner Arun Goel and appoint the second election commissioner. The post of second election commissioner fell vacant on February 15 when Anup Pandey retired.

Economictimes.indiatimes.com 

Top auditors stop offering non-audit work to clients

Top audit firms in India, including KPMG affiliate BSR & Affiliates and BDO affiliate MSKA & Associates, have stopped offering non-audit services to audit clients. This move aligns with the NFRA's strict stance on conflict-of-interest issues. EY affiliate SR Batliboi & Co is the only top firm still providing such services. This change comes amid global pressure for auditors to maintain independence and avoid conflicts of interest. The NFRA's regulations apply to Indian companies meeting certain thresholds.

Economictimes.indiatimes.com 

Salute Arun Goel for not succumbing to BJP: Mamata Banerjee

Trinamool chief Mamata Banerjee addressed a public rally in Bengal, addressing the resignation of election commissioner Arun Goel and expressing gratitude for his refusal to succumb to BJP pressure. Banerjee criticized the Centre for the LPG gas hike and withholding of MGNREGA and other central funds, stating that they had earned ₹70,000 crore through an increase in cooking gas prices.

Economictimes.indiatimes.com 

Portugal votes with centre-right hoping to oust Socialists

Voters in Portugal went to the polls Sunday in an early election that could see the country join a shift to the right across Europe after eight years of Socialist rule. But analysts warned that the results of the election, Portugal's second in two years, remained wide open given the large number of undecided voters.

Economictimes.indiatimes.com 

"Did Arun Goel quit due to differences with CEC or Modi Govt?" asks Congress chief Kharge

Opposition parties in India have raised questions about the resignation of Arun Goel as election commissioner, citing differences with the Central Election Commission (CEC) Rajiv Kumar or Prime Minister Modi, or if Goel was planning an electoral foray as a BJP nominee. Congress chief Mallikarjun Kharge criticized Goel's resignation, stating that the BJP has appointed people with such a mindset.

Economictimes.indiatimes.com 

Egypt says land sale, IMF accord will ease budget problems

Egypt agreed in February to sell the development rights to Ras al-Hikma, a prime Mediterranean resort destination, to Abu Dhabi for $24 billion and expects more than $20 billion from an IMF-led package signed last Wednesday. The package includes $3 billion in funding from the World Bank, Maait said.

Economictimes.indiatimes.com 

Taxman sending mails in cases of advance tax, transactions mismatch

The income tax department is reaching out to assesses whose advance tax payments don't match their financial transactions, urging them to correctly calculate and pay their advance tax by March 15. This initiative aims to ensure tax compliance and enhance taxpayer services. The department uses data from the Annual Information Statement to identify discrepancies and inform taxpayers. Taxpayers can log in to their e-filing accounts to view details of significant transactions and comply with tax regulations.

Economictimes.indiatimes.com 

HUL rolls out kinship caregiver leave policy

Hindustan Unilever Ltd (HUL) introduces a foster/kinship caregiver leave policy, offering up to 4 weeks of leave to employees for pre-adoption foster care or becoming legal guardians. The policy emphasizes diversity, family wellbeing, and compliance with guidelines and acts.

Economictimes.indiatimes.com 

Cricbuzz, UAE-based eVision join hands for new cricket channel

eVision and Cricbuzz have partnered to launch Cricbuzz TV, a 24/7 channel featuring global cricket competitions. The collaboration aims to provide cricket entertainment to the MENA region. eVision will continue to host ICC tournaments on its CricLife channels, and Cricbuzz TV will cover the Pakistan Super League.

Economictimes.indiatimes.com 

Arun Goel's resignation: Issues with CEC simmered; escalated over past few days

Arun Goel resigned as election commissioner in India due to disagreements with chief election commissioner Rajiv Kumar. The disagreements were not about major policy issues but were related to the composition and size of EC teams heading to states for poll preparation reviews and the formats of press briefings. Despite these disagreements, there was no recorded case of 'dissent' between the duo at Nirvachan Sadan.

Economictimes.indiatimes.com 

Women as business leaders: India Inc moved little in five years, finds study

The male-to-female ratio in leadership roles at Indian companies remains unchanged, indicating a lack of gender equality. Sectors like technology, information & media, real estate, transportation and logistics have seen a downward trend in women in leadership roles, while industries like construction, oil, gas & mining, and utilities have seen more women in such positions.

Economictimes.indiatimes.com 

Private sector in India must invest in clean energy: IFC Regional V-P

Riccardo Puliti, Regional Vice President of the International Finance Corporation, emphasized the importance of private sector investment in clean energy, especially in countries like India. He highlighted India's significance as a key destination for IFC's investments, particularly in energy transition. Puliti mentioned that IFC is committed to increasing its investment in India in the ongoing fiscal year, focusing on scaling India's climate solutions. IFC aims to leverage private capital to support sustainable infrastructure... Читать дальше...

Economictimes.indiatimes.com 

Onion export ban unlikely to be lifted before Lok Sabha polls

Despite falling onion prices, the government won't lift export ban before elections. Limited exports continue. Poor crop leads to farmers holding produce; industry insiders fear high prices. Onion smuggling reported amid unclear modalities of actual exports.


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