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Leadership shake-up: 62% of India’s manufacturing sector exec hires are external; CEO, MD roles see biggest churn

A majority of executive-level appointments in India’s manufacturing sector over the past year were external hires, reflecting companies’ preference to bring in fresh leadership rather than promote from within, a report by CIEL HR Services revealed.The analysis, based on a combination of publicly available sources including professional networking platforms, press releases and verified databases, found […]

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Economy

Odisha approves multi-crore ‘B-MAAN’ scheme to boost aviation sector

FILE PHOTO: An IndiGo airlines passenger aircraft taxis on the tarmac at Chhatrapati Shivaji International airport in Mumbai, India, May 29, 2023. REUTERS/Francis Mascarenhas/File Photo | Photo Credit: FRANCIS MASCARENHAS The Odisha government has approved the ‘B-MAAN’ scheme with a total outlay of ₹14,182 crore to turn the state into an “aviation hub” in eastern […]

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Economy

Govt actively with private sector to utilise e-waste, recover various critical minerals

The government last month approved a ₹1,500 crore incentive scheme for the recycling of critical minerals. | Photo Credit: JOTHI RAMALINGAM B The government on Friday said it has been actively engaging with the private sector to build sufficient capacity in the domestic market to fully utilise e-waste and recover various critical minerals. The government […]

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Economy

India’s private sector growth eases to five-month low in October, PMI shows

International demand for Indian goods and services softened to its weakest in seven months, largely due to a slower increase in manufacturing exports. Growth in India’s private sector eased to a five-month low in October as weaker demand and rising output prices weighed on business optimism, a survey showed on Friday. HSBC’s flash India Composite […]

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At $3 billion, retail sector deal value jumps 4x over last quarter: Report

NEW DELHI: India’s consumer and retail sector witnessed a decisive rebound in the Sept quarter, with deal volumes rising to 132 and values crossing $3.4 billion, nearly four times higher than previous quarter.The recovery was led by renewed investor focus on textiles, apparel and accessories, and sustained activity in food processing and e-commerce, Grant Thornton […]

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Economy

New Defence Procurement Manual 2025 expedites revenue procurement and boosts pvt sector participation

Defence Minister Rajnath Singh with MoS for Defence Sanjay Seth, Chief of Defence Staff (CDS) General Anil Chauhan, Navy Chief Admiral Dinesh K. Tripathi, Army Chief Upendra Dwivedi and others during the release of Defence Procurement Manual 2025 at an event, in New Delhi. | Photo Credit: – In a major policy reform aimed at […]

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Economy

Auto sector records strongest quarter with transactions valued at $4.6 billion: Grant Thornton

India’s automotive sector recorded its strongest quarter in over a year, with 30 transactions valued at $4.6 billion. According to the Grant Thornton Bharat Q3 2025 Automotive Dealtracker report, while deal volumes remained consistent with the previous quarter, values surged sharply, largely driven by Tata Motors’ $3.8 billion acquisition of Iveco S.P.A., marking one of […]

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India’s steel sector: Cheap imports, dumping hurt domestic production; RBI calls for safeguard measures

The Reserve Bank of India has called for policy measures to boost domestic competitiveness for the country’s steel sector which has been struggling under the weight of rising imports and dumping from global producers in 2023-24 and 2024-25.According to an article published in the apex bank’s latest October bulletin steel imports in the country surged […]

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Auto sector sees blockbuster Q3: 30 deals worth $4.6 billion sealed; Tata Motors drives frenzy

India’s auto sector posted a blockbuster quarter in Q3 2025, with 30 deals worth $4.6 billion, its highest in over a year, according to a report. The surge was largely powered by Tata Motors’ $3.8 billion acquisition of Italian commercial vehicle maker Iveco SPA, one of the biggest outbound deals by any Indian auto company.Upon […]

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India’s aircraft component sector takes flight

MUMBAI: Global aerospace giants are boosting their sourcing from India, accelerating growth in the country’s emerging aircraft component sector. Local companies are expanding capacities, moving beyond basic manufacturing to higher-value work, and scouting for acquisitions, with revenue numbers soaring due to robust orders.The sector is also gearing up to launch about Rs 5,700 crore of […]

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