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Global capability centres (GCCs) are set to lease 50-55 million sq ft of Grade A office space across India's top six cities by FY27, contributing nearly 40% to overall demand, as global firms expand R&D and innovation hubs. Global capability centres (GCCs) are projected to incrementally lease 50-55 million square feet (msf) of Grade A office space during FY2026-FY2027, potentially contributing 38-40% to the top six markets' overall office demand, according to a statement by ICRA. These six mar ...Read More >
New Delhi [India], October 17 (ANI): The Centre has decided to conduct the pre-test for the first phase of the Census 2027 from November 10 to 30, covering the household listing and housing census in selected sample areas across all states and Union Territories (UTs). Also Read | Indian Embassy Intervenes for Repatriation of Mohammed Ahmed, Urges Putin Government To Ensure Discharge After Hyderabad Man Duped Into Joining Russian Army. Ministry of Home Affairs (MHA) made the declaration through ...Read More >
The chartered accountants' apex body is set to propose financial and regulatory measures to help Indian Multi-Disciplinary Partnership (MDP) firms scale globally, leveraging government support and free trade agreements. How will it enable funding for MDPs? What regulatory reforms are needed to support growth? Which global opportunities can Indian MDPs tap through trade agreements? Here is what ICAI said. The Institute of Chartered Accountants of India (ICAI) is preparing a report to guide the f ...Read More >
New Delhi: A calmer inflation outlook and recent tax relief have given India's urban consumers room to breathe, and to spend. Deloitte's latest consumer survey shows a rebound in discretionary spending, especially in leisure, restaurants, electronics and household goods. The upcoming festivals and easing prices are nudging households to loosen their wallets, even as job-related anxiety threatens to temper the mood. "Consumers remain financially confident, supported by easing price inflation con ...Read More >
NEW DELHI, Sept 30 (Reuters) - India's trade pact with four European nations, including Switzerland and Norway, will take effect from Wednesday, boosting exports of textiles, leather and food products while attracting investments, a government statement said. Under the Trade and Economic Partnership Agreement, opens new tab, signed last March after nearly 16 years of negotiations, the European Free Trade Association - comprising Switzerland, Norway, Iceland and Liechtenstein - will cut tariffs ...Read More >
Mumbai: LG Electronics India Ltd, the wholly owned subsidiary of LG Electronics Inc., is preparing to tap the public markets even as it sharpens its focus on meeting domestic demand, building India as a global export hub, and expanding its portfolio of premium products. LG Electronics Inc. will raise ₹11,607 crore by selling 101.8 million shares through an offer for sale (OFS). The initial public offering (IPO), scheduled for 7-9 October, will see the South Korean parent firm sell about 15% of ...Read More >
By Sai Ishwarbharath B, Haripriya Suresh and Rishika Sadam BENGALURU/HYDERABAD (Reuters) -Donald Trump's H-1B visa crackdown will hasten U.S. firms' shift of critical work to India, turbocharging the growth of global capability centres (GCCs) that handle operations from finance to research and development, economists and industry insiders say. The world's fifth-largest economy is home to 1,700 GCCs, or more than half the global tally, having outgrown its tech support origins to become a hub of ...Read More >
BENGALURU/HYDERABAD: Donald Trump's H-1B visa crackdown will hasten U.S. firms' shift of critical work to India, turbocharging the growth of global capability centres (GCCs) that handle operations from finance to research and development, economists and industry insiders say. The world's fifth-largest economy is home to 1,700 GCCs, or more than half the global tally, having outgrown its tech support origins to become a hub of high-value innovation in areas from design of luxury car dashboards t ...Read More >
New Delhi: The free trade agreement between India and the four-nation European bloc EFTA will come into force from Wednesday under which New Delhi has received an investment commitment of $100 billion in 15 years from the grouping while allowing several products such as Swiss watches, chocolates and cut and polished diamonds at lower or zero duties. The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway and Switzerland. It was signed March 10, 2024. Domestic cust ...Read More >
New Delhi, Sep 30 (PTI) The free trade agreement between India and the four-nation European bloc EFTA will come into force from Wednesday under which New Delhi has received an investment commitment of USD 100 billion in 15 years from the grouping while allowing several products such as Swiss watches, chocolates and cut and polished diamonds at lower or zero duties. The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland. It was signed on March 10, ...Read More >
Mumbai (Maharashtra) [India], September 23: When it comes to water supply, consumers look for solutions they can trust - especially for high-value, long-term investments like submersible pumps. Recognizing this, Crompton Greaves Consumer Electricals Ltd., India trusted name in consumer electricals, has introduced the DURA Series Submersible Pumps (3W, 4W, and 4VO series). With over 80 years of expertise, the new range is built to ensure durability and reliability, while supporting diverse needs ...Read More >
New Delhi [India], September 13 (ANI): The Agro Chem Federation of India (ACFI) has urged the government to introduce a PLI scheme and tax holidays to reduce import dependence for technical ingredients and to set up agrochemical manufacturing hubs to boost domestic production. ACFI and global consultancy firm Deloitte have released a knowledge paper during their Annual General Meeting earlier this week, highlighting the various aspects of the crop protection chemicals industry, the regulatory l ...Read More >
New Delhi [India], September 13 (ANI): The Agro Chem Federation of India (ACFI) has urged the government to introduce a PLI scheme and tax holidays to reduce import dependence for technical ingredients and to set up agrochemical manufacturing hubs to boost domestic production. ACFI and global consultancy firm Deloitte have released a knowledge paper during their Annual General Meeting earlier this week, highlighting the various aspects of the crop protection chemicals industry, the regulatory l ...Read More >
Eight crop segments -- rice, cotton, wheat, soybean, chillies, grapes, sugarcane and gram -- contribute about 65 per cent of the domestic agrochemical market. India's agrochemical exports nearly trebled in 10 years to $3.3 billion in FY25, up from $1.3 billion in 2014-15, making the country the third-largest exporter of agrochemicals after China and the US, a report by the Agro-Chemicals Federation of India (ACFI) and Deloitte released late last evening showed. To sustain the momentum, ACFI ha ...Read More >
New Delhi: Industry leaders welcomed the recently announced GST reforms, which reduce the number of tax slabs, stating that it will make tax compliance easier while also directly benefiting consumers through lower prices. Jharkhand Chamber of Commerce Joint Secretary Navjot Alang Rubal said that the reduction of the number of slabs from four to two under the new GST structure is a highly positive step. According to Rubal, this reform will greatly benefit the middle and lower-income groups as t ...Read More >
New Delhi, Sep 5 (PTI) Girish Mathrubootham will step down from his role as Chairman of Freshworks effective December 1, 2025, the Nasdaq-listed SaaS firm said in a filing. The move by Mathrubootham, who is also Freshworks' founder, follows his decision to devote full-time efforts to Together Fund, a venture fund co-founded by him. The Board has appointed Roxanne Austin, Lead Independent Director, to serve as Chairperson of the Board beginning December 1, 2025. "On September 3, 2025, Rathna G ...Read More >
Deloitte India Partner MS Mani said : "The increase in collections is in line with the GDP growth data shared recently and would give the policy makers the confidence to move ahead with GST 2.0 reforms slated to be discussed in the GST Council Meeting this week " ICRA Chief Economist Aditi Nayar said while CGST and SGST recorded a double-digit expansion, the growth in IGST and cess collections was tepid, dampening the headline GST increase to 6.5 per cent. ...Read More >
New Delhi: GST collection in August rose 6.5 per cent to over Rs 1.86 lakh crore with increased domestic sales, and the upcoming festive season is likely to swell the kitty going forward. The August Goods and Services Tax (GST) mop-up is, however, lower than Rs 1.96 lakh crore collected in July. In August 2024, the collection was Rs 1.75 lakh crore. The gross domestic revenue grew 9.6 per cent to Rs 1.37 lakh crore, while tax from imports dipped 1.2 per cent to Rs 49,354 crore in August. GST re ...Read More >
Chandigarh [India], August 28: Chandigarh University has received overwhelming response in terms of campus placements for engineering students. More than 500 Multinational Companies have conducted their campus placements in which record 5000 job offers were offered to students of various engineering streams which included Computer Science Engineering, IT, Mechanical Engineering, Electronics and Communication Engineering, Electrical Engineering, Civil Engineering, Automobile Engineering, Aerospac ...Read More >
Bengaluru (Karnataka) [India], August 14: The Federation of Indian Chambers of Commerce and Industry (FICCI) and AMPIN Energy Transition, in collaboration with Deloitte & Sumitomo Corporation, successfully concluded its pivotal seminar titled 'Renewable Energy Transition for Commercial and Industrial Consumers in the Southern Region' at Hotel Taj MG Road. The event brought together a diverse group of industry leaders, policymakers, and C&I consumers who discussed the roadmap to achieve 100% RE f ...Read More >
Bengaluru (Karnataka) [India], August 14: The Federation of Indian Chambers of Commerce and Industry (FICCI) and AMPIN Energy Transition, in collaboration with Deloitte & Sumitomo Corporation, successfully concluded its pivotal seminar titled Renewable Energy Transition for Commercial and Industrial Consumers in the Southern Region at Hotel Taj MG Road. The event brought together a diverse group of industry leaders, policymakers, and C&I consumers who discussed the roadmap to achieve 100 RE for ...Read More >
VMPL Bengaluru (Karnataka) [India], August 14: The Federation of Indian Chambers of Commerce and Industry (FICCI) and AMPIN Energy Transition, in collaboration with Deloitte & Sumitomo Corporation, successfully concluded its pivotal seminar titled 'Renewable Energy Transition for Commercial and Industrial Consumers in the Southern Region' at Hotel Taj MG Road. The event brought together a diverse group of industry leaders, policymakers, and C&I consumers who discussed the roadmap to achieve 100 ...Read More >
Gross Goods and Services Tax (GST) collections rose 7.5 per cent year-on-year to Rs 1.96 lakh crore in July (for sales in June), data released by the government on Friday showed. Even though the pace of growth in gross GST collections picked up to 7.5 per cent in July from 6.2 per cent, this is the second consecutive month wherein the growth rate has been in single digits and much lower after posting double-digit growth in the first two months of the ongoing financial year. ARTICLE CONTINUES BE ...Read More >
Bengaluru: After Delhi, nearly 40 schools in Bengaluru received bomb threats via e-mail on Friday morning, leading to panic among students, teachers and parents. Police teams have rushed to all locations and search operations are underway. Schools in R R Nagar and Kengeri were among those targeted, the police said. Cyber experts are making all efforts to trace the sender of the mail. Sources revealed that the sender could be suffering from mental health issues. In the mail, he has spoken about ...Read More >
Mumbai (Maharashtra) [India], July 18 (ANI): Reliance Retail today announced a landmark acquisition of Kelvinator, a strategic move poised to significantly amplify its leadership in India fast-growing consumer durables sector. This acquisition is a testament to Reliance Retail unwavering commitment to shaping the future of the consumer durable sector in India by delivering unparalleled value and choice to consumers nationwide, the company said in a statement. Kelvinator, a brand synonymous wit ...Read More >
Mumbai (Maharashtra) [India], July 18 (ANI): Reliance Retail today announced a landmark acquisition of Kelvinator, a strategic move poised to significantly amplify its leadership in India's fast-growing consumer durables sector. This acquisition is a testament to Reliance Retail's unwavering commitment to shaping the future of the consumer durable sector in India by delivering unparalleled value and choice to consumers nationwide, the company said in a statement. Also Read | Sadhvi Prem Baisa ...Read More >
New Delhi: India will require around $1.5 trillion in investments by 2030 to tackle climate change and accelerate its energy transition, according to a new report by Deloitte. The report, titled The Climate Response: Tapping into India's Climate and Energy Transition Opportunity, highlights the scale of capital needed across renewable energy, biofuels, decarbonisation efforts, and sustainable infrastructure to meet the country's climate goals. To reach the government's target of 500 GW of non- ...Read More >
New Delhi, Jul 17 (PTI) India will require USD 1.5 trillion investment by 2030 across key areas to address the climate challenge at scale, according to a Deloitte India report. The investments will be driven by India's efforts towards renewable energy, biofuels, decarbonisation and sustainable infrastructure to combat climate change, the report, 'The climate response: Tapping into India's climate and energy transition opportunity', said. Also Read | 'A Decade of Digital India' Reel Contest by ...Read More >
Mumbai, July 17 (SocialNews.XYZ) Dairy company Heritage Foods Limited on Thursday reported a sharp decline in net profit for the first quarter of FY26, as the company posted a net profit of Rs 40.5 crore for the April-June quarter, down 30.7 per cent from Rs 58.4 crore reported in the same period previous year (Q1 FY25). The fall in profit came despite a 10.1 per cent year-on-year (YoY) growth in revenue, which rose to Rs 1,136.7 crore from Rs 1,032.6 crore in a year-ago period, according to it ...Read More >
New Delhi, Jul 17 (PTI) India will require USD 1.5 trillion investment by 2030 across key areas to address the climate challenge at scale, according to a Deloitte India report. The investments will be driven by India's efforts towards renewable energy, biofuels, decarbonisation and sustainable infrastructure to combat climate change, the report, 'The climate response: Tapping into India's climate and energy transition opportunity', said. The report highlighted water security, sustainable agric ...Read More >
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