Skechers is set to be acquired by 3G Capital for over $9 billion, taking the shoe company private. The deal comes amid concerns about the impact of U.S. tariffs on foreign goods, particularly from China, where Skechers has significant production.…
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India has proposed eliminating tariffs on steel, auto components, and pharmaceuticals for a specific import quantity in trade negotiations with the US. Beyond that threshold, standard duties would apply. This offer aims to expedite a bilateral trade deal expected by…
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Moody’s Ratings has revised India’s GDP growth forecast for 2025 downward to 6.3% due to anticipated global economic slowdown driven by US policy uncertainties and trade restrictions. Geopolitical tensions, including those between India and Pakistan, pose further downside risks. While…
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Union Bank of India is under scrutiny for purchasing nearly two lakh copies of Krishnamurthy V Subramanian’s book, ‘India@100,’ for ₹7.25 crore. The expenditure faced internal opposition, leading to a general manager’s suspension and an investigation by KPMG. Employee unions…
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The latest surge in activity was largely fuelled by a notable increase in new business volumes — one of the strongest seen in the past eight months. Survey participants attributed the improvement to favourable demand conditions and the success of…
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RateGain Travel Technologies has announced the appointment of Rohan Mittal as Chief Financial Officer, effective May 6, 2025, following the resignation of Tanmaya Das from the CFO role on May 5, 2025.
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