For decades, India’s fast-moving consumer goods (FMCG) industry was built on two powerful advantages — distribution reach and advertising muscle. Companies that controlled retail shelves and television airtime controlled the…
Author: Admin
JSW Steel bets $20 billion on India’s infrastructure decade
JSW Steel plans to invest nearly $20 billion over the next seven years, as the company bets India has entered a prolonged infrastructure and manufacturing expansion cycle that could drive…
Suzlon to invest ₹2,500 cr by FY31; targets 10 GW RE sales, 4 GW BESS capacity & 3GW exports
Suzlon Group on Wednesday unveiled its five-year “Suzlon 2.0” roadmap, outlining plans to invest ₹2,500 crore by FY31 to expand annual renewable energy equipment sales four-fold to 10 GW, establish…
Broker’s Call: NBCC (Buy)
Target: ₹165 CMP: ₹102.20 NBCC continues to strengthen its position in redevelopment and PMC-led projects, with a growing pipeline of self-sustainable redevelopment mandates across Maharashtra, Nagpur, Jammu and Kashmir, and…
Borosil Renewables jumps after import duties’ extension
Shares of Borosil Renewables Ltd., India’s largest maker of solar glass, surged after the government levied fresh duties on imports from Malaysia. The stock jumped as much as 9.3% in…
Bata India bets on improving inventory reduction through efficiency steps, omni-channel strategy
Bata India said there is room for improvement in inventory reduction as the footwear maker focuses on efficiency. “Inventory, while I would say 70% or 75% of the job is…
Sebi flags ₹15 trillion misstatement in Rajesh Exports accounts
MUMBAI: The Securities and Exchange Board of India (Sebi) has alleged that Rajesh Exports Ltd misrepresented nearly all of its revenue over five financial years, raising serious questions over the…
Israeli startup Coralogix raises $200 mn, to allocate 20% to India biz
Israeli data analytics startup Coralogix has raised $200 million in its Series F round, led by Advent International, the Canada Pension Plan Investment Board and Greenfield, with participation from Brighton…
Why FirstCry excelled at selling diapers but hasn’t quite cracked the pre-school code
When Aparna Krishnan, a Bengaluru-based executive, began looking for a preschool for her toddler, FirstCry Intellitots was one of the names that appeared on her radar. She, however, did not…
RBI’s Swaminathan warns banks on rising risks beyond balance sheets
Kolkata: Banks need to be prepared for managing uncertainties from varied sources beyond their balance sheets since shocks can emerge from geopolitics, climate change, artificial intelligence (AI), technological disruption and…