ETtech Deals Digest: Startups raise $122 million this week, down 5% on-yearThis week’s tally, however, was down 84% from the previous week when startups raised around $789.8 million, thanks to Rapido’s mega $730 mi...
Medha Kulkarni appointed new chairperson of Parliamentary panel on Science, EnvironmentRajya Sabha Chairman C P Radhakrishnan has appointed Medha Vishram Kulkarni to lead the Parliamentary Standing Committee on Science and Tec...
India’s retirees are choosing keys over deeds in a quiet housing shiftIndia's senior living sector is changing. Seniors are now renting homes instead of buying them. This trend is fueled by longer lifespans an...
LBSIM earns AACSB accreditation - Joins the 6% of elite business schools globallyLal Bahadur Shastri Institute of Management (LBSIM), New Delhi, has achieved prestigious AACSB accreditation, a global benchmark for busine...
Banks cede consumer durable loans to NBFCs as credit cards take over small-ticket financingBank loans for washing machines and televisions are falling. Banks are now focusing on credit cards for these purchases. Non-banking financ...
Foreign universities drive hiring boom in IndiaIndia's educational landscape is on the cusp of transformation as NEP 2020 invites a host of foreign universities to set up campuses here. ...
Gulf war fuels raw material inflation, FMCG firms shift to daily pricing strategyIn light of Gulf War, consumer goods sectors are battling unprecedented rises in raw material costs. Firms are now implementing daily price...
Retailers face AC shortage as heatwave boosts demandIntense heatwaves have driven a sharp rise in air-conditioner sales. This surge, following lower production in March, has created significa...
RBI’s oil forex window set to fuel rupee recoveryThe Reserve Bank of India has opened a special foreign exchange window to supply dollars to state-run refiners, easing pressure on the rupe...
Excess fuel, pressure surge in boiler led to Vedanta power plant blast that killed 20: Initial probeAn initial investigation into the Vedanta power plant blast in Chhattisgarh's Sakti district revealed excessive fuel accumulation in the bo...
India Inc ramps up exports as Iran ceasefire reopens Middle East tradeIndian businesses are seizing opportunities after the Iran war ceasefire. Exports are resuming, and factories are returning to full capacit...
Banks rush to exit overseas forex bets ahead of RBI deadlineIndian banks have largely exited their net open foreign exchange positions ahead of a regulatory deadline, reducing aggregate positions fro...
Banks pay near 2-year high rates on CDs amid tight liquidityBanks are paying significantly higher rates for certificates of deposit, reaching near two-year highs. This reflects intense competition fo...
Rupee logs biggest gain in 12 yearsThe Indian rupee saw a strong surge on Thursday, gaining nearly 1.8% against the dollar. This appreciation followed new regulations by the ...
Overall plant utilisation capacity at 75% in FY17; aim for over 90% in FY18: Anil Gupta, CMD, KEI IndustriesWe would like to take plant utilisation capacity to around 90% plus in the coming financial year and I see a substantial growth coming in, ...
We have extended our collaboration with Brook Cable for manufacturing 400 KV cable: Anil Gupta, KEI Industries"We have already established the manufacturing facility which has been become operational at end of December in our Chopanki plant."
- In coming year we look at a growth of 15% to 20%: Anil Gupta, Jt. MD, Havells India
Anil Gupta, Jt. MD, Havells India Ltd., in discussion with ET Now, talks about the numbers of the company and his future plans. Excerpts: