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Business

'Hum Karke Dikhate Hain': Gautam Adani on building green, brighter future for...

New Delhi, Dec 19: The Adani Group Chairman, Gautam Adani, on Thursday said that the company makes promises which are not only about building infrastructure but also creating hope, progress and a brighter tomorrow for millions of Indians. Reacting to a unique and out-of-the-box advertisement on wind...
India tops list of recipient countries for remittances with $129 bn inflow in 2024
Business

India tops list of recipient countries for remittances with $129 bn inflow in...

New Delhi, Dec 19: India tops the list of recipient countries for remittances in 2024 with an estimated inflow of $129 billion, followed by Mexico ($68 billion), China ($48 billion), the Philippines ($40 billion), and Pakistan ($33 billion), according to the latest figures compiled by World Bank...
Real estate investments in India reach historic high at $8.9 billion in 2024: JLL
Business

Real estate investments in India reach historic high at $8.9 billion in 2024:...

Mumbai, Dec 18: Driven by strong growth and political stability, real estate institutional investments in India reached historic high levels at $8.9 billion across 78 deals in 2024, surpassing the previous 2007 record by 6 per cent ($8.4 billion), a report showed on Wednesday. This represents a...
Investec initiates ‘Buy’ rating for Ambuja Cements with target price of Rs 950
Business

Investec initiates ‘Buy’ rating for Ambuja Cements with target price of Rs 950

Mumbai, Dec 18: Global banking and wealth management group Investec on Wednesday initiated a ‘BUY’ rating for Ambuja Cements with a target price of Rs 950 from Rs 577 apiece, which is an impressive 65.1 per cent return as projected. In a note, Investec wrote that it “finds comfort in management,...
GreenLine expands green logistics footprint with Exide Industries partnership
Business

GreenLine expands green logistics footprint with Exide Industries partnership

Mumbai, Dec 17: GreenLine Mobility Solutions Ltd, a key player in Essar's Green Mobility initiative, has announced its partnership with Exide Industries, India's largest selling battery brand. This collaboration will integrate GreenLine's eco-friendly LNG-powered trucks into Exide’s logistics...
Giriraj Singh rolls out red carpet for Japan’s Uniqlo to invest in PM Mitra Parks
Business

Giriraj Singh rolls out red carpet for Japan’s Uniqlo to invest in PM Mitra...

New Delhi, Dec 17: Textiles Minister Giriraj Singh has invited Japanese brand Uniqlo to invest in PM’s Mega Integrated Textile Region and Apparel (PM MITRA) Parks as India targets a textiles market size of 350 billion to 100 billion dollars in exports by 2030, according to an official statement...
CBDT launches e-campaign to help taxpayers resolve income and transaction mismatches
Business

CBDT launches e-campaign to help taxpayers resolve income and transaction...

New Delhi, Dec 17: The Central Board of Direct Taxes (CBDT) has launched an electronic campaign to assist taxpayers in resolving mismatches between the income and transactions reported in the Annual Information Statement (AIS) and those disclosed in Income Tax Returns (ITRs) for the financial years...
OSOP scheme to empower women artisans expands to 1,854 railway stations
Business

OSOP scheme to empower women artisans expands to 1,854 railway stations

Mumbai, Dec 16: The Centre’s One Station One Product (OSOP) scheme to empower women artisans has expanded at a robust pace with as many as 1,854 outlets showcasing diverse local products at various railway stations across the country.“Central Railway alone accounts for 157 of these outlets,...
2025 to see new growth opportunities in tier 2, 3 cities for Indian real estate sector
Business

2025 to see new growth opportunities in tier 2, 3 cities for Indian real estate...

New Delhi, Dec 16: After witnessing a bumper growth in 2024 across residential, office and industrial domains, 2025 is likely to be a year of consolidation and continued innovation for the Indian real estate sector, a report showed on Monday. While residential and office markets can potentially...
Contractual workers in Indian manufacturing sector see 5.6 pc annual pay growth
Business

Contractual workers in Indian manufacturing sector see 5.6 pc annual pay growth

Bengaluru, Dec 16: The contractual employees in the Indian manufacturing sector saw their compensation packages grow at a 5.9 per cent compound annual growth rate (CAGR) from FY21 to FY24, according to a report on Monday. This growth was driven by inflation, increased demand for skilled workers, and...
Per capita availability of fruits, vegetables increases in India
Business

Per capita availability of fruits, vegetables increases in India

New Delhi, Dec 14: Per capita availability of fruits and vegetables in India increased by 7 kg and 12 kg, respectively, in the last decade, according to SBI Research report. The main increase in the per capita production of fruits and vegetables has been in Madhya Pradesh, Uttar Pradesh, Punjab and...
Zepto’s expenses surge over 71 pc in FY24, losses at Rs 1,248 crore
Business

Zepto’s expenses surge over 71 pc in FY24, losses at Rs 1,248 crore

New Delhi, Dec 14: Blinkit’s rival Zepto saw its expenses surge a whopping 71.6 per cent to Rs 5,747 crore in the last financial year (FY24), as the company clocked Rs 1,248.6 crore in losses. The return on capital employed (ROCE) for the quick commerce company stood at -119.3 per cent and its...
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