New Delhi: Indian airports need to review their pricing strategies and can substantially increase their profitability by earning more non-aeronautical revenue, according to aviation consultancy CAPA India.India is the third largest domestic civil aviation market in the world and air traffic is...
Mumbai: There has been a record drop in the number of future unicorns, with 25 startups delisting due to funding winter, actions by financial regulators and also a bias towards profitability of companies, according to a report on Thursday .The number of unicorns (startups valued at more than...
New Delhi, Havells India on Wednesday justified the proposed remuneration to be paid to its two directors, whose reappointments the company's shareholders have been advised to reject by a proxy advisory firm.Institutional Investor Advisory Services (IIAS) has advised Havell India shareholders...
According to the report, due to new entrants, competition among key players for market share has increased and marketing expenses are likely to impact the profitability of companies.A major portion of the capacity expansion, about 2.4 BLPA, is expected to be commissioned in the current...
Mumbai (Maharashtra) [India], According to CRISIL report, the organized paint sector in India is on the cusp of significant expansion, with production capacity expected to almost double to about 7.8 billion liters per annum (BLPA) by fiscal 2027.According to a press release, this surge will be...
New Delhi: The general insurance industry is expected to earn gross direct premium income (GDPI) of Rs 3.7 lakh crore by FY2026, up 32 per cent from Rs 2.8 lakh crore in FY24, a report said. .ICRA said in a report that the growth of private insurance companies is expected to be strong and the...
New Delhi [India], Premier League outfit Everton on Friday withdrew its appeal against a two-point deduction for breaching the Premier League's Profitability and Sustainability Rules (PSR). In January this year, Everton was accused of violating the profits allowed by the Premier League. and...
New Delhi, Fitch Ratings on Thursday affirmed the ratings of Axis Bank and ICIC Bank with stable outlook citing supportive operating environment and large domestic franchise.Fitch Ratings has maintained the long-term issuer default ratings (IDRs) of India-based Axis Bank and ICICI Bank at...
Mumbai: Godrej Agrovet (GAVL) on Wednesday said its consolidated net profit for the March 2024 quarter rose to Rs 65.48 crore from Rs 23.47 crore a year ago.Its total revenue from operations increased by 1.87 per cent to Rs 2,134.28 crore during the quarter under review, compared to Rs...
This is the highest possible rating given to any issuer in India by credit rating agencies, reflecting the strongest level of creditworthiness of APSEZ and its ability to meet all its financial guidance, the company said in a statement.Karan Adani, Managing Director, APSEZ, said, “We value the...
New Delhi: Indian banks' credit growth, profitability and asset quality will remain strong in the current financial year, reflecting strong economic growth, but they may be forced to slow their loan growth, S&P Global Ratings has said. Because the deposits are not increasing at the same pace...