growth

  1. Emerald Finance reports 115 percent growth in Q1 FY25 consolidated EBITDA

    Emerald Finance reports 115 percent growth in Q1 FY25 consolidated EBITDA

    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...
  2. Revenue growth of FMCG sector will be 7-9 percent in the current financial year: Crisil Ratings

    Revenue growth of FMCG sector will be 7-9 percent in the current financial year: Crisil Ratings

    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...
  3. More foreign companies are listing to invest in India as infrastructure projects boost growth

    More foreign companies are listing to invest in India as infrastructure projects boost growth

    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...
  4. Amidst the scorching heat, India recorded a 15 percent increase in electricity production in May.

    Amidst the scorching heat, India recorded a 15 percent increase in electricity production in May.

    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...
  5. Mobile tariff hike: Center responds to misleading claims

    Mobile tariff hike: Center responds to misleading claims

    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...
  6. Adani Wilmar reports 13 percent volume growth in June quarter

    Adani Wilmar reports 13 percent volume growth in June quarter

    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...
  7. Dabur sees improvement in demand and rural growth in first quarter

    Dabur sees improvement in demand and rural growth in first quarter

    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...
  8. Titan reports 9 percent revenue growth in Q1, adds 61 stores

    Titan reports 9 percent revenue growth in Q1, adds 61 stores

    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...
  9. Marico's domestic business sees marginal volume growth in Q1; margin improvement

    Marico's domestic business sees marginal volume growth in Q1; margin improvement

    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...
  10. Paint maker AkzoNobel India to step up game in mass market and price segments

    Paint maker AkzoNobel India to step up game in mass market and price segments

    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...
  11. Business Forum and World Leaders Awards celebrate global excellence and collaboration

    Business Forum and World Leaders Awards celebrate global excellence and collaboration

    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...
  12. Shares of defense companies have increased as India's annual production reached a record high of Rs 1.27 lakh crore.

    Shares of defense companies have increased as India's annual production reached a record high of Rs 1.27 lakh crore.

    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...
  13. Government's infrastructure demand to rise to 221-275 million tonnes by FY34-report

    Government's infrastructure demand to rise to 221-275 million tonnes by FY34-report

    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...
  14. Elephant raises $750K in seed round leading sustainable toy subscription in India from Venture Catalysts, Malpani Ventures.

    Elephant raises $750K in seed round leading sustainable toy subscription in India from Venture Catalysts, Malpani Ventures.

    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...
  15. Elephant raises US$750K in seed round leading sustainable toy subscription in India from Venture Catalysts, Malpani Ventures.

    Elephant raises US$750K in seed round leading sustainable toy subscription in India from Venture Catalysts, Malpani Ventures.

    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...
  16. Global experts, CISOs, founders to converge on Excel Cyber ​​Security Summit in Bengaluru on July 25

    Global experts, CISOs, founders to converge on Excel Cyber ​​Security Summit in Bengaluru on July 25

    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...
  17. JSW Energy plans capex of Rs 15k crore in FY25

    JSW Energy plans capex of Rs 15k crore in FY25

    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...
  18. Securitization volume in India to reach Rs 45,000 crore in Q1FY25: Report

    Securitization volume in India to reach Rs 45,000 crore in Q1FY25: Report

    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...
  19. Defense production to reach record high of around Rs 1.27 lakh crore in 2023-24: MoD

    Defense production to reach record high of around Rs 1.27 lakh crore in 2023-24: MoD

    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...
  20. Government is committed to developing India as a leading global defense manufacturing hub: Rajnath Singh

    Government is committed to developing India as a leading global defense manufacturing hub: Rajnath Singh

    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...
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