PNNMumbai (Maharashtra) [India], July 6: Emerald Finance Limited (BSE:EMERALD), a dynamic company offering a spectrum of banking products and financial services, today announced its unaudited financial results for Q1FY20. declare.Commenting on the financial performance, Sanjay Agarwal...
Kolkata: The fast-moving consumer goods (FMCG) sector is expected to see revenue growth of 7-9 per cent this financial year, according to a report released by Crisil Ratings on Saturday.The expected revenue growth in this financial year (2024-25) will be supported by higher volume growth due...
Senior officials see this as a result of growing demand for this type of machinery as the government is making massive investments in roads, ports, airports and railway projects.It also reflects the success of the government's Make-in-India and Aatmanirbhar policy that encourages foreign...
Thermal power generated mainly from coal and gas based plants contributed 127.87 billion units, showing a growth of 14.67 per cent over the same month last year.Electricity demand reached a record high of 250GW on 30 May, as a prolonged heat wave across northern India kept electricity demand...
The Telecom Regulatory Authority of India (TRAI) said the rates for telecom services are decided by market forces within a regulatory framework notified by an independent regulator.“The government does not interfere in free market decisions as the functionality is within the domain of TRAI and...
New Delhi, Edible oil major Adani Wilmar on Friday said it has reported 13 per cent sales growth in the June quarter.The company said in a business update that the double-digit growth was driven by market-specific strategies in each category, aimed at gaining market share, especially in...
New Delhi: Demand trends saw sequential improvement in the June quarter, with rural growth picking up, local FMCG major Dabur said on Friday.Additionally, with a normal monsoon forecast and the government's continued focus on macroeconomic growth, "we expect improvement to accelerate in the...
New Delhi: Leading jewelery and watch maker Titan on Friday said it recorded standalone revenue growth of 9 per cent in the first quarter ended June 30, 2024.The Tata Group-managed firm added 61 stores during April-June FY25, taking its combined retail network presence to 3,096 stores.Its...
New Delhi Fast-moving consumer goods maker Marico on Friday said its domestic business recorded a "modest pick-up" in volume growth in the first quarter on a sequential basis and expects gross margin to expand year-on-year .Overall demand trends in the first quarter continued to show gradual...
New Delhi: Paint maker AkzoNobel India is accelerating its participation in the mass market and value segments, while strengthening its premium product portfolio amid renewed competitive intensity, according to its chairman and managing director Rajiv Rajgopal.AkzoNobel's strategy for India is...
PNNNew Delhi [India], July 5: The much-awaited Global Leaders Business Forum and Awards has concluded, leaving attendees inspired and energized after two days of remarkable engagement and insightful sessions. Under the patronage of Sheikh Abdulhakim Buti Al Maktoum and Sheikh Rasid Bin Nasser...
On the back of successful implementation of policies and initiatives focused on achieving 'self-reliance' under the leadership of Prime Minister Narendra Modi, the Defense Ministry achieved the highest ever growth in indigenous defense production in value terms during FY 2024 .Bharat Earth...
Hyderabad, with sustained investment drive across different sectors, overall steel demand in India is projected to grow at a CAGR of 5 per cent to 7.3 per cent over the next decade, leading to demand of steel from 221 to 275 million tonnes by FY34 (under different scenarios), according to a...
EleFant, a mobile app-based toy library, has raised Rs 6 crore (around $750,000) in its seed round co-led by Malpani Ventures, Venture Catalysts with participation from several notable investors and family offices. EleFant was founded in 2023 by Sourabh Jain, a devoted father inspired by his...
VMPLNew Delhi [India], July 5: EleFant, a mobile app-based toy store, has raised Rs 6 crore (about US$750,000) in its seed round co-led by Malpani Ventures, Venture Catalysts, with participation from several investors and notable family members. Offices. EleFant was founded in 2023 by Sourabh...
New Delhi, leading founders, global cybersecurity experts and chief information security officers (CISOs) from large enterprises, as well as technology unicorns, will come together at the Accel Cybersecurity Summit scheduled to be held in Bengaluru on July 25.The mega summit will provide a...
New Delhi, JSW Energy Chairman and Managing Director Sajjan Jindal on Friday said the company has planned a capital expenditure of Rs 15,000 crore during the current fiscal year.Addressing shareholders at the annual general meeting, he said, the company intends to spend around Rs 1,15,000...
According to ICRA, except for HFCs, securitization volumes remained largely stable on a year-on-year (YoY) basis.It is estimated that the securitization volume will increase in the next quarters and cross Rs 2 trillion by FY2025.Securitization is a process whereby a lender makes a loan or a...
New Delhi: India's annual defense output hit a record high of about Rs 1.27 lakh crore in 2023-24, with the Make in India program crossing new milestones, Defense Minister Rajnath Singh said on Friday.The value of defense production in fiscal year 2022-23 was Rs 1,08,684 crore, he added.In a...
The Union Minister's statement came as the Ministry of Defense achieved the highest ever growth in local defense production in terms of value during the financial year (FY) 2023-24, thanks to successful implementation of policies and initiatives of the government. , led by Prime Minister...