Central Bank of India partners with Veefin Solutions to launch Supply Chain Financing services. Veefin's technology will enable CBI to offer digital onboarding, credit underwriting, and 24x7 disbursement to corporate and SME customers. The aim is to boost SME growth and increase their contribution to the economy. Veefin

Apple has emerged as India's top job generator after launching the PLI scheme for smartphones in August 2021, employing over 1,50,000 people with many young adults between 19 and 24. A report reveals an additional 3 lakh individuals found indirect employment through this initiative. Apple'

Herbalife India has partnered with IIM-Bangalore to establish a supply chain sustainability lab focusing on sustainable supply chains and reducing plastic packaging usage. The lab offers tools like the Transportation Emission Measurement Tool to help businesses minimize their carbon footprint. This collaboration aims to drive positive change and create a

Launched in 2023, Herbalife India and the IIMB Supply Chain Sustainability Lab are leading a collaborative effort to advance sustainable supply chain practices. The lab focuses on creating practical tools like the Transportation Emission Measurement Tool and Carbon Accounting Tool. This initiative has benefited over 100 organizations and aims to

In early 2014, E. Balaji was brought in as the chief human resources officer at TVS Supply Chain Solutions (TVS SCS) to integrate acquisitions in North America, Europe, and South-East Asia. Over the next eight years, TVS SCS acquired 20 firms while maintaining work cultures and addressing HR challenges. During

Surging demand for agricultural equipment faces challenges due to supply chain disruptions like component shortages and rising costs, causing strain on manufacturers and dealerships. This leads to longer lead times, limited inventory, and pressure on the used equipment market. The global agriculture equipment market is projected to reach US$ 565.

Authum purchased INR25 crore in electoral bonds before acquiring two Reliance-ADAG firms. SBI's rally prompts MFs to book profits. Toyota and Hitachi see 100% returns in one year. Are metals prices hinting at China's economic recovery? Physical retail stores are thriving. 5 metal stocks show potential

Blue Yonder has signed an agreement to acquire One Network Enterprises for about $839 million, aiming to revolutionize the supply chain. The acquisition will enhance Blue Yonder's capabilities in planning, execution, commerce, and networks. The deal is expected to close in Q2 or Q3 2024. This marks Blue

The first of 11 ammunition barges, LSAM 18, was delivered to the Indian Navy in Mumbai on March 28. Built by MSME Shipyard, the barges will transport ammunition and supplies, strengthening the Navy's operational capabilities. The barges were designed and built in accordance with naval regulations. The contract

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Harish Krishnan suggests four dark horse sectors for investment. Sunil Subramaniam discusses the potential in mid and smallcap stocks. Limited inflows in midcap schemes through SIPs and delayed smallcap fund launch noted by Whiteoak Capital. Stay updated with daily market updates through The Economic Times news app. Top trending stocks

Climate change has greatly impacted global supply chains, leading to disruptions in production cycles and increased costs. COVID-19 has further highlighted weaknesses in supply chains, with the world economy contracting by 4.3% in 2020. Companies in India are being urged to manage resources effectively and plan for the future

The Internet of Things (IoT) is revolutionizing manufacturing and supply chain industries globally. Real-time monitoring and predictive analytics improve efficiency and reduce maintenance costs. Collaborative robots enhance inventory management by boosting productivity and safety. IoT provides data-rich environments for manufacturers to optimize operations. Industry 4.0 integrates artificial intelligence and

The collapse of the Francis Scott Key bridge in the Port of Baltimore could disrupt global automotive and coal supply chains. The incident is not expected to impact India's trade significantly. Ongoing disruptions, such as the Red Sea crisis and drought in the Panama Canal, have already affected

Learn about 8 healthy snacks for weight loss and 10 house rules for children. Discover recipes for South Indian Lemon Coconut Rice and Mutton Curry. Explore the fastest animals on Earth and habits of mentally strong people. Understand the educational backgrounds of Mughal rulers. Navya Naveli shares about the Bachchan

ASU partners with the Biden administration to boost America's semiconductor capacity abroad through a new agreement. The State Department awarded ASU $13.8 million to enhance semiconductor capabilities in five partner countries to ensure a stable supply chain. Workforce development is a key focus, as shortage of skilled

Efficient management of the agricultural biomass supply chain in India is crucial for energy generation, livelihoods, and sustainable development. This is especially important as India is an agrarian economy. Subscribe for more insights on energy sector news, exclusive stories, and opinions from business leaders. Advertise with us to reach a

The Francis Scott Key Bridge in Baltimore collapsed after being struck by the container vessel Dali, causing potential disruption to supply chains at the Port of Baltimore. Analyst Emily Stausbøll mentioned the possibility of increased shipping rates due to the incident. Other East Coast ports like New York/New Jersey

The globalization process has led to advancements in technology, allowing countries to reduce trade barriers and attract foreign investment. However, India's manufacturing sector still remains untapped compared to other emerging economies, leading to low merchandise exports and per-capita income. The country needs to reevaluate its trade policies to

India must prioritize clear policies, strong infrastructure, and low logistics costs to become a top global logistics hub, says Sukumar Kameswaran of TVS Supply Chain Solutions India. He highlights four emerging trends in the sector- digitalisation, sustainability, skilling, and globalization- and advises logistics service providers on how to capitalize on

GE HealthCare's India unit plans to invest ₹8,000 crore over the next five years to enhance its global supply chain. The company operates a joint venture with Wipro Ltd, focusing on manufacturing and research in Bengaluru. With the Indian market's growth potential and the government&

An investigation into forced labor practices in the Indian shrimp industry by the Corporate Accountability Lab and The Outlaw Ocean Project revealed abhorrent conditions for migrant workers at Choice Trading Corporation Private Limited. The company falsified documents to make shrimp appear BAP-certified, leading to contamination concerns. Despite high FDA refusal

Global import dependency and limited testing facilities for electrical equipment are hindering the industry, according to Arsiwala. These constraints are causing significant challenges worldwide. Stay updated on the energy sector news for more insights into these issues. Subscribe to exclusive content and follow us for the latest updates on business

Electric energy generating wind turbines in the San Gorgonio Pass area of Palm Springs, California, highlight the importance of diversifying materials and components supply for clean energy transition. Current market dominance by Chinese producers poses challenges for new players to enter the market. Countries like the US, EU, India, and

The Global Order is undergoing a structural transformation, with China challenging American preponderance. Attempts to slow China's rise by decoupling economies are evident. India aims to maintain strategic autonomy and counter Chinese influence, as seen in initiatives like the Quad and 'Act East' policy. Lessons from