growth

New Delhi, IT services company HCL Technologies on Friday reported 20.4 per cent rise in consolidated net profit to Rs 4,257 crore for the June quarter and gave revenue growth guidance of 3-5 per cent for FY2025.HCL top executives expressed confidence of achieving "good growth in the coming...

HCLTech said it now employs 219,401 people (with a net growth of 8,080 in the first quarter of this financial year).The reduction in headcount due to disinvestment was 7,398 and the company added 1,078 new people during the period.The company said attrition was 12.8 percent, down from 16.3...

New Delhi: India's industrial production grew to a seven-month high of 5.9 percent in May 2024, mainly due to strong performance in the energy and mining sectors, according to official data released on Friday.Factory production growth, measured in terms of the Index of Industrial Production...

The growth rates of mining, manufacturing and power sectors of the index in May 2024 were 6.6 percent, 4.6 percent and 13.7 percent respectively as compared to the same month last year.Within the manufacturing sector, the growth rates of the top three positive contributors to IIP growth for...

Vegetable prices soared by up to 29.32 per cent during the month as the scorching heat wave in northern states affected production, while pulses prices rose by 16.07 per cent during the month.Cereal prices also increased by 8.65 percent during the month.Inflation had eased to a 12-month low...

According to the Indian Staffing Federation (ISF) annual Employment Trends 2024 report, the staffing industry continued to demonstrate quarter-on-quarter growth of 2.3 per cent in the fourth quarter (Q4) of FY20, adding 30,000 new flexi employment opportunities. .The federation noted that the...

New Delhi: Smartphone maker Oppo hopes to sustain double-digit growth in sales of Reno series devices in India with the launch of Reno 12, a top company official said on Friday.While speaking on the sidelines of the Reno 12 series smartphones, Oppo's head of product strategy Peter Dohyung Lee...

The ministry also informed that revenue of Rs 86,838.35 crore was received in the financial year 2023-24.The growth of Indian Railways has continued in the current financial year and the total freight traffic in June this year stood at 135.46 million tonnes, which is 10.07 percent more than...

Speaking to analysts after posting quarterly results, where the company reported net revenue growth, strong gross and operating margin expansion and double-digit EPS (earnings per share) growth, Laguarta said that "if you take a decade perspective If we take it then the opportunities in India...

In the passenger vehicle segment, sales crossed one million units in Q1 FY25 for the first time.According to SIAM, sales rose 3 percent compared with the same period last year and reached a total of 1,026,006 units.This growth was mainly driven by utility vehicles, which saw an increase of...

New Delhi: Optical and digital solutions company Sterlite Technologies has received approval from shareholders and creditors for the demerger of its global services business, paving the way for shares of the new business to be listed separately.According to the company, the demerger proposal...

New Delhi: Congress on Friday said the next budget must address fundamental issues such as why private investment is "very slow" and private consumption is not picking up, as the party dismissed claims that economic growth is accelerating. sharply and large numbers of jobs are being created. ...

New Delhi: State-owned Hindustan Copper Ltd on Friday said its capital expenditure target for the current financial year is likely to exceed Rs 350 crore."Though this year's capex target is Rs 350 crore, it is expected that the company can exceed the target like last year," the company said in...

New Delhi: State-owned Hindustan Copper Ltd on Friday said its capital expenditure target for the current financial year is likely to exceed Rs 350 crore."Though this year's capex target is Rs 350 crore, it is expected that the company can exceed the target like last year," the company said in...

New Delhi, Hyperlocal e-commerce firm MagicPin has onboarded over 1,000 multi-city and multinational consumer brands in a year, registering year-on-year growth in major company additions, the company said on Friday. Said.Although it took Magicpin four years to bring on board nearly 2,000...

In this role, he will lead category management and foster brand partnerships, ensuring optimal assortment, pricing, availability and growth of all core categories on the platform."I am deeply committed to this mission and will bring all my energy and dedication to it," Miles said in a...

New Delhi: The Indian economy will grow around 7 percent in the current fiscal year and is on track to maintain a similar growth rate for several years, NITI Aayog member Arvind Virmani said on Friday.Virmani said the country is facing new challenges and they will have to be addressed."The...

New Delhi, India, is a "high demand market" for global food and beverage maker PepsiCo and the company is investing in the country to expand infrastructure, its president and CEO Ramon Laguarta said Thursday.PepsiCo is investing in its brands to take advantage of the growth opportunity, he...

Mumbai, the country's largest IT services player TCS on Thursday reported 8.7 per cent growth in June quarter net profit to Rs 12,040 crore, but seemed uncertain of maintaining the growth momentum in the rest of the fiscal year.The Tata Group company, however, reiterated that it believes FY25...

New Delhi, Ahead of the upcoming budget, eminent economists during a meeting with Prime Minister Narendra Modi on Thursday urged the government to take steps to accelerate economic growth and improve infrastructure, sources said.The meeting was organized by NITI Aayog on Thursday to get the...