SRUTHIJITH KK
Ferrari accelerates India push as 'market of the future', targets younger buyers while guarding exclusivity
Benedetto Vigna, CEO of Ferrari, who has been driving around Indian roads, talks about the need to be closer to the clients, how their Indian customer is younger than in the rest of the world and why Ferrari always makes one less car than what the market demands
After US, India is easiest place to list a company, says Blackstone president and COO Jonathan Gray, eyes $100 billion investment in the country
Blackstone's president and chief operating officer Jonathan Gray has stated plans to increase their investment in India to $100 billion. He highlighted positive sentiments surrounding India's economy, which is growing over 7%. Gray acknowledged recent concerns like rising energy costs but emphasized robust economic momentum. The firm is committed to investing in sectors such as infrastructure, financial services, and healthcare.
There could be a pretty big global shock, says Nobel laureate & economist Michael Spence
Michael Spence highlights the economic growth of India and China, noting India's potential growth trajectory. He emphasizes India's advancements in digital infrastructure, particularly in digital financial services like UPI. Spence discusses the significance of AI in economic development and its anticipated impact over the next decade. He warns of potential economic shocks due to rising debt levels and high market valuations.
‘India’s biotech ecosystem holds tremendous promise’: Eli Lilly CEO
Eli Lilly has experienced significant growth, reaching a market capitalization over $1 trillion. The company aims to maintain its leadership in anti-obesity drugs through ongoing innovation and development. With successful trials for drugs like retatrutide and Foundayo, Lilly is expanding its product offerings. The company recognizes the importance of India as a growing market for healthcare investments and partnerships.
‘I would never want to lose him’: Jamie Dimon backs Chandra, flags India tax hurdles and sees AI paying off
Jamie Dimon sees India as a fast-growing economy with bright future prospects. He believes consistent regulations and taxing policies will strengthen foreign investment. The RBI's plan to raise dollars is viewed as appropriate for supporting the rupee. AI is a real investment, though its long-term revenue generation remains uncertain. Dimon supports transparency and good governance, especially concerning Tata Group's leadership.
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ET Exclusive: 'Personally, I don’t have any assets. That is a stated fact,' says Zee founder Subhash Chandra amid 99.97% haircut row
In an exclusive interview with ET, Zee founder Subhash Chandra rejects criticism over his personal insolvency settlement, saying the ₹22,000-crore figure includes guarantees beyond Indian banks’ ₹5,311-crore claims. He says borrowing entities will repay lenders, denies personally owning assets, defends the insolvency process and explains how family funds supported Zee’s revival efforts.
ET WLF 2026: Boris Johnson says India, US, UK must work together to find a way out of West Asia crisis
Boris Johnson lauded India's strong leadership and predicted an incredible future for the nation. He expressed deep dissatisfaction over the US not consulting the UK on the Iran war. Johnson believes the UK could have prevented the US from entering an obvious trap. He also highlighted progress on the India-UK free trade agreement negotiations. The former Prime Minister preferred American global hegemony over that of China.
ET World Leaders Forum: Corporate India bullish on country's growth story, says Kumar Mangalam Birla
Aditya Birla Group chairman Kumar Mangalam Birla said India Inc’s confidence in the country’s growth prospects remains strong, with companies’ cautious approach to capacity expansion reflecting capital discipline rather than weak conviction.
$1.5-trillion tech services industry is still standing: Infosys CEO Salil Parekh
Infosys CEO Salil Parekh says the $1.5 trillion global tech services industry is far from being destroyed, despite AI compressing some areas. He sees significant growth opportunities in six key segments. Parekh adds that the Indian IT industry is likely to thrive by 2030 by leveraging these areas.
ET@Davos 2026: ‘India has already arrived, no longer an emerging market,’ says Blackstone CEO Schwarzman
Blackstone, a global investment giant, no longer considers India an emerging market. The firm sees immense growth potential in India, citing its large population and stable government. Blackstone plans to expand its investments across various sectors. Artificial intelligence is also highlighted as a technology set to transform the world rapidly. This outlook contrasts with short-term stock market fluctuations.
ET@Davos 2026: AGI should lead to fresh understanding of how the world works, says Google DeepMind CEO
Demis Hassabis, CEO of Google DeepMind, believes AGI will revolutionize science and medicine, leading to radical abundance. He noted China's significant progress in AI, now trailing the West by only six to twelve months. However, Hassabis stated that groundbreaking innovations like AlphaGo have so far originated from US companies.
India must speed up AI upskilling: Coursera cofounder Andrew Ng
Artificial intelligence is redrawing the skills map for India’s $280 billion IT services industry, and unless professionals upskill at speed, job disruption could be severe, said AI pioneer Andrew Ng, founder of DeepLearning.AI and cofounder of Coursera. He also cautioned against the swelling hype over AGI, arguing that large language models are not a path to human-level intelligence and that claims of AGI being imminent are misleading.
Sebi will make company info available in easily understood format: Tuhin Kanta Pandey
Sebi is developing guidelines to make company data easily understandable for investors, addressing concerns over high IPO valuations of new-age companies. The regulator aims to simplify information disclosure and may consider restrictions on discounted preferential shares issued to founders before IPOs. Sebi also plans to streamline FPI registration to expedite the process for foreign investors.
Former US secretary of state John Kerry says India made pretty powerful offering at ET WLF 2025
John Kerry expressed worries about Donald Trump's approach to allies, including India. He hoped for resolution of trade differences, noting India's significant offer. Kerry highlighted the global role of Indians, especially in the US economy. He praised India's renewable energy goals and advocated for nuclear power.
IKEA nails it! 90% deliveries in India via EVs
IKEA's commitment to renewable energy in India has saved them nearly ₹100 million in electricity bills and reduced their global climate footprint by 30%. The company plans to increase local manufacturing, grow value addition, and achieve 100% renewable energy for operations in India next fiscal. Furthermore, half of their workforce in India is women.
ET WLF 2024: Top industry leaders shed light on AI, US growth and other trends that can disrupt businesses amid uncertainty
At the Economic Times' World Leaders Forum, industry experts discussed factors like Artificial Intelligence and US growth that could disrupt global business. Nouriel Roubini indicated India's economy is poised for a soft landing, but aging population may slow growth. Ritu Arora highlighted sustainability's role in shaping future markets, while upcoming US elections could impact trade flows.
WEF: Davos serendipity, the hardest-hitting speech ever and Covid lessons for Cognizant
Argentinian President Javier Milei delivers fiery speech at Davos, advocating for unbridled free enterprise and capitalism. He warns that the Western world is in danger due to the abandonment of the model of freedom for collectivist experiments. Milei emphasizes that collectivism is not the solution to global problems, but rather the root cause. He highlights the Argentinian perspective on these issues. The speech receives significant attention and Milei is mobbed for selfies afterwards.
Businesses need to create foundations strong enough to weather future storms: Sanjiv Mehta, Chairman & MD HUL
We launched over 50 new product and pack innovations to cater to the rapid changes in demand in hygiene and sanitisation products, said Sanjiv Mehta while replying to a question
Government preparing scheme for battery cell manufacturing to boost EV adoption: Amitabh Kant
The government is not in the business of dictating which technology should be used. Tomorrow a new technology might emerge, said Kant while replying to a question.
We need not be like Westerners. We have to be more Indian: Imtiaz Ali
“There’s no country where Shah Rukh Khan or Salman Khan is not popular,” Imtiaz Ali said when asked if he had to think differently while creating for the OTT audience as opposed to the Bollywood audience. Ali and Rohit Jain Lionsgate MD also spoke about the disruptions in the entertainment business in a session moderated by Sunday ET editor Sruthijith KK.
BRO-Roads Ministry tussle hits Uttarakhand projects
For the last three years, according to BRO officials, Project Shivalik has had a tough time getting both funding and sanctions.
Air Force invites private companies to Rs 10k-cr bid for transport aircraft manufacturing
"We have issued the RFP to eight OEMs (original equipment manufacturers) and they have five months to respond," Air Force spokesperson Gerard Galway said.
People who put India on F1 Map are Brave: Jean Todt
"Of course, there's poverty in India but it's absolutely exceptional that a few people are brave enough to attempt to put India on the world map by hosting an event like F1."
Osama bin Laden dead: Unrealsitic for India to expect Pakistan action against Lashkar-e-Taiba
Americans will allow pressure on Pakistan, but they are unlikely to do it to an extent that will impact this crucial, balanced relationship.
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