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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.
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.
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.
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.
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).
Experts urge RBI to boost OMO purchases
Latest data shows liquidity deficit hits ₹1.88 lakh crore
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.
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.
UltraProlink Boost Blade 67
Slip into your handbag without much ado
Push to make high-end audio mainstream
Boult looks to focus on premiumisation of smart audio devices
Investors flock to thematic funds
The Annual Report
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.
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.
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.
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.
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.
'Our focus is on tech-driven manufacturing'
Corridor is a key industrial hub, fostering high-tech manufacturing and industrial growth.
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.
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.
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.
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.
Maruti's Jimny exports in the fast lane
GLOBAL DEMAND
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.
The taste of relevance
How Maaza broke through the seasonality barrier
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.
Keeps the vibe strong
This speaker is a good mix of power and portability
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.
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.
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.
Private Banks Pare CD Ratios Amid Tight Liquidity
Tackling Credit Risk