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Financial Express Ahmedabad

Marico Sees FY25 Revenue Growth in Double Digits

FMCG major Marico expects to deliver a double-digit revenue growth in FY25, helped by a sequential improvement with price hike and better volume, MD & CEO Saugata Gupta said.

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1 min  |
February 24, 2025
Financial Express Ahmedabad

Sebi Mulls Expanding Investors Pool for Angel Funds

Markets regulator SEBI is looking to expand the definition of qualified institutional buyers (QIB) and remove the 200-investor cap, allowing angel funds to access a broader pool of accredited investors.

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1 min  |
February 24, 2025
Financial Express Ahmedabad

Shein Annual Profit Down 40% in 2024

ONLINE FAST-FASHION retailer Shein's profit dropped by more than a third last year, adding to its challenges ahead of a planned listing on the London Stock Exchange, the Financial Times reported on Sunday.

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1 min  |
February 24, 2025
Financial Express Ahmedabad

Govt Offloads 2 MT of Wheat in Open Market

To curb any spike in retail prices during lean months, the government has offered nearly 2 million tonne (MT) of wheat from its stocks to bulk buyers such as flour millers and food companies through weekly e-auctions under the Open Market Sale Scheme (OMSS) this fiscal.

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1 min  |
February 24, 2025
Financial Express Ahmedabad

TOEIC Is World's Largest English Assessment

Although TOEFL (Test of English as a Foreign Language) and GRE (Graduate Record Examinations) are quite popular in India, ETS—the body that organizes them—is now focusing on TOEIC (Test of English for International Communication).

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1 min  |
February 24, 2025
Financial Express Ahmedabad

Experts urge RBI to boost OMO purchases

Latest data shows liquidity deficit hits ₹1.88 lakh crore

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2 mins  |
February 24, 2025
Financial Express Ahmedabad

AC 3-tier gains speed, brings over a 3rd of revenues to rlys

IN THE FIVE years since Covid-19, where Indian Railways gets its passenger revenues from, has seen a fundamental transformation.

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1 min  |
February 24, 2025
Financial Express Ahmedabad

New Shop on track to double store count to 600

TECH-ENABLED CONVENIENCE retailer New Shop is on track to double store count to 600 by year-end, which would include rebranded 24Seven stores acquired from Godfrey Phillips India, and is also eyeing overseas expansion.

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1 min  |
February 24, 2025
Financial Express Ahmedabad

UltraProlink Boost Blade 67

Slip into your handbag without much ado

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1 min  |
February 24, 2025
Financial Express Ahmedabad

Push to make high-end audio mainstream

Boult looks to focus on premiumisation of smart audio devices

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2 mins  |
February 24, 2025
Financial Express Ahmedabad

Investors flock to thematic funds

The Annual Report

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2 mins  |
February 24, 2025
Financial Express Ahmedabad

Govt staff must detail workweek or lose jobs: Musk

Elon Musk deepened the confusion and alarm of workers across the federal government Saturday by ordering them to summarize their accomplishments for the week, warning that a failure to do so would be taken as a resignation.

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2 mins  |
February 24, 2025
Financial Express Ahmedabad

Maha rift: BJP-led govt red-flags MSP under ex-CM Shinde

SIGNALLING A WIDENING rift within the ruling coalition in Maharashtra, the BJP-led state government has targeted another decision taken by the previous regime headed by its key ally and deputy CM Eknath Shinde's Shiv Sena.

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1 min  |
February 24, 2025
Financial Express Ahmedabad

Experts seek clarity on tax sops for non-profit entities

WHILE THE INCOME Tax Bill, 2025 has consolidated the tax laws governing non-profit organisations (NPOs), tax experts have sought more clarity on the criteria for these entities to qualify for tax concessions.

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1 min  |
February 24, 2025
Financial Express Ahmedabad

Russia Launches War's Largest Drone Attack on Ukraine

UKRAINE'S PRESIDENT VOLODYMYR Zelenskyy said on Sunday that Russia launched more than 200 drones in an overnight attack, the largest of the war, as he condemned Russia's \"aerial terror\" and called for unity among Ukraine's allies.

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1 min  |
February 24, 2025
Financial Express Ahmedabad

LTIMindtree needs to go off the beaten track

VENUGOPAL LAMBU is a man on a mission. The CEO designate of LTIMindtree has chalked out both a five-year and a 90-day plan to take the $4.3 billion software services player to the next level.

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3 mins  |
February 24, 2025
Financial Express Ahmedabad

'Our focus is on tech-driven manufacturing'

Corridor is a key industrial hub, fostering high-tech manufacturing and industrial growth.

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2 mins  |
February 24, 2025
Financial Express Ahmedabad

AI agents will infiltrate the enterprise

Agentic AI is the new buzzword in tech innovation and Oracle is betting big on this trend to drive growth and momentum for its cloud applications business in India and globally.

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1 min  |
February 24, 2025
Financial Express Ahmedabad

Cab fares to rise 50%: WTicabs CEO

CAB FARES ARE set to rise by 50-60% over the next 5 years as drivers demand better earnings, according to Wise Travel India Cabs (WTicabs) founder and CEO Ashok Vashist.

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1 min  |
February 24, 2025
Financial Express Ahmedabad

Bacardi on a high in India, ramps up spending by 60%

BACARDI, KNOWN FOR its flagship rum of the same name, Grey Goose vodka and Bombay Sapphire gin among other labels, has stepped up its investment in India amid a premiumisation wave in alcoholic beverages.

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1 min  |
February 24, 2025
Financial Express Ahmedabad

CT25: Kohli's 51st ODI ton guides India to 6-wicket win over Pakistan

VIRAT KOHLI SHOWCASED his penchant to lord over Pakistan in ICC tournaments once more as the batting icon's glittering unbeaten 100 helped India claim an authoritative six-wicket win over their traditional rivals and all but seal a semifinal spot in the Champions Trophy here on Sunday.

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2 mins  |
February 24, 2025
Financial Express Ahmedabad

Maruti's Jimny exports in the fast lane

GLOBAL DEMAND

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1 min  |
February 24, 2025
Financial Express Ahmedabad

Delhivery expands road trains for automobile, FMCG sectors

THIRD-PARTY LOGISTICS provider Delhivery is betting big on road trains—tractor units towing multiple trailers—to transform transportation for high-volume sectors like automobiles and FMCG.

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1 min  |
February 24, 2025
Financial Express Ahmedabad

The taste of relevance

How Maaza broke through the seasonality barrier

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2 mins  |
February 24, 2025
Financial Express Ahmedabad

The Souled Store eyes ₹2K cr via IPO

POP CULTURE MERCHANDISE and casualwear retailer The Souled Store is looking to raise up to ₹2,000 crore through an initial public offering (IPO) in the next 18 months.

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2 mins  |
February 24, 2025
Financial Express Ahmedabad

Keeps the vibe strong

This speaker is a good mix of power and portability

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1 min  |
February 24, 2025
Financial Express Ahmedabad

Housing demand very strong, but euphoria easing: Pirojsha Godrej

DEMAND FOR RESIDENTIAL properties remains \"very strong\" in major cities, but the euphoria seen in the last few years is mellowing down a little bit, said Pirojsha Godrej, executive chairperson, Godrej Properties.

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1 min  |
February 24, 2025
Financial Express Ahmedabad

No additional MGNREGS funds, govt says FY25 outlay enough

WITH JUST a little over a month to go for FY25 to end, the Centre has decided not to release any additional funds for the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), as it feels the outlay of ₹86,000 crore will be enough for the year.

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2 mins  |
February 24, 2025
Financial Express Ahmedabad

Why Indian B-schools love FT ranking

DURING A RECENT interaction, I asked the director of IIM Bangalore which ranking does his institute look forward to be part of.

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2 mins  |
February 24, 2025
Financial Express Ahmedabad

Private Banks Pare CD Ratios Amid Tight Liquidity

Tackling Credit Risk

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2 mins  |
February 24, 2025

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