Beauty and personal care startups, including Sugar Cosmetics, mCaffeine, Wow Skin Sciences, and online retailer Purplle, have successfully reduced their losses in FY24 by tightening their advertising and promotional expenses. However, high overall expenditures continue to weigh on profitability as these brands push to expand their offline presence and bolster visibility. Wow Skin Science, backed
Zetwerk Manufacturing is on a roll. It’s helping the country’s top corporations build bridges and power plants and manufacture bullet trains and precision goods. The managed network for contract manufacturing now boasts of an order book that is nudging Rs 13,000 crore. And its roster of clients includes blue-chip names like Larsen &Toubro, Siemens, Samsung
Luxury property developers in the country had a robust 2024 eclipsing the combined sales value of total residential sales in top cities during the previous year. The surge in demand for luxury property saw sales hit Rs 4,316 crore during the first 11 months, higher than the total residential sales in 2023 at nearly Rs
– By Siddharth Sharma The Indian aviation sector is witnessing a remarkable transformation driven by digitalisation and the need for enhanced passenger experiences. As the nation prepares to handle 1 billion trips annually, the need to implement technologies that can accommodate this growth while ensuring safety and convenience is now more than ever. Just a
Zomato’s much-anticipated year-end report for 2024 reveals fascinating shifts in India’s food preferences. While biryani continues its dominance, the trends suggest evolving appetites across the country. The year’s data highlights a shift towards homegrown favorites like dosa, alongside the steadfast love for biryani. While pizza’s dip hints at changing preferences, the food delivery scene remains
The Tamil Nadu government in 2024 took significant steps towards its goal of achieving a $1 trillion economy by 2030. It includes securing major investments and introducing sector-specific policies aimed at boosting growth. Additionally, the government focused on improving the ease of doing business and hosted its first Global Investors Meet (GIM), marking a key
– By Abhishek Mundada As we bring down the curtains for 2024, India witnessed several major tax reforms in the year with an aim to stimulate economic growth, create employment opportunities and enhance the ease of doing business. While these reforms underscored the Government’s objective, among other things, to simplify tax structure, reduce compliance burdens
Private telecom operators in India are gearing up for a challenging start to the New Year, grappling with a dual set of challenges in their efforts to recover significant investments. Having committed approximately Rs 70,000 crore to expand 5G infrastructure and acquire radiowave assets in 2024, these telecom giants are now contending with subscriber losses
After announcing the end of its 24-year joint venture with Bajaj group, the Allianz SE is now making efforts for a new joint venture with Mukesh Ambani-led Jio Financial Services, a report by Economic Times said. Quoting people in the know, the report suggested that it is Allianz’s second attempt at the domestic life and
IndusInd International Holdings (IIHL) will list Reliance General Insurance and Reliance Nippon Life Insurance, the subsidiaries of Reliance Capital, in the next two years, chairman Ashok Hinduja said on Tuesday. The acquisition of Reliance Capital is now complete and IIHL will retain only two subsidiaries – broking and asset reconstruction – out of nearly 40
Fortune, they say, favours the bold. That certainly holds true for Sanjiv Bajaj. Although he inherited what was considered at the time to be the less-glamorous piece of the family business, the younger son of industrialist Rahul Bajaj has built a fabulous financial services franchise. While Bajaj Finance is a powerhouse in itself with a
Bajaj Auto share price is likely to be in focus today, with the latest announcements by the company. From leadership extensions to fresh capital infusion and stock performance trends, here’s why Bajaj Auto shares are in focus today: Leadership developments: Rajiv Bajaj’s tenure extended The company’s board has reappointed Rajivnayan Rahulkumar Bajaj as the Managing
The foreign institutional investors finally bought into the cash market after almost a month. Now, the question strikes, will the Nifty 50 be able to cross the 23,000 level this week? Market participants believe that 23,000 is a key resistance level. However, the markets are likely to incline on the back of positive global cues
