The telecom industry reported AGR growth of 7.1 per cent on-quarter and 13.1 per cent on-year during the fiscal second quarter to Rs 681 billion, showed data released by TRAI. The growth, stated an analysis report by JM Financial, was led by 15-17 per cent tariff hike undertaken by private telcos with effect from July
– By Mohit Khattar In a rapidly evolving market, how can QSRs retain their edge and continue to resonate with their customers? The answer may well lie in embracing technology. Technology can serve as that crucial bridge between brands and consumers, enabling richer and more personalized experiences. Understanding and addressing customer needs is essential to
The Shapoorji Pallonji Group, a construction and real estate conglomerate, has sold a 1,819.90 square-metre19,589.22 sq ft) land parcel in the upscale Juhu locality of Mumbai to Agarwal Holdings for Rs 455 crore. The transaction was executed through Shapoorji Pallonji Gwalior, a subsidiary of the Shapoorji Pallonji Group, and was finalised and registered in November.
HDFC Bank has leased 416,000 sq ft of office space in the Gigaplex complex, located in the Mindspace property of K Raheja Corp in Airoli, Navi Mumbai, for a period of 10 years. The banking major will pay an annual rent of Rs 24 crore, equivalent to a monthly rent of Rs 2 crore (Rs
Hindustan Unilever (HUL), the country’s largest consumer goods company, runs a network of 28 factories and 35 warehouses, producing over 75 billion units across 2,000+ products annually. This large operation is fuelled by advanced automation, digital analytics and artificial intelligence (AI) to ensure minimal disruptions to the production process. Yogesh Mishra, executive director, supply chain
Reliance Green Hydrogen and Green Chemicals, L&T Energy, ReNew E-fuels, Waaree Clean Energy Solution, Avaada Green H2, and AM Green were among the fourteen companies that placed bids for financial incentives linked to production of green hydrogen, under the second tranche of Strategic Interventions for Green Hydrogen Transition Programme (SIGHT) Scheme. This was announced by
– By Swastik Chakraborty The nature of customer behaviour has forced enterprises to rethink their strategy about how they design and run modern workloads. That is why businesses must continually adapt to meet changing customer demands in today’s rapidly evolving digital transformation landscape. The cloud has become a force multiplier for driving cost efficiency, operational
Religare Enterprises on Tuesday announced that the Reserve Bank of India (RBI) has allowed the Burman family to increase its stake in the company. In a regulatory filing, the company said that both the Burman family and Religare Group need to consolidate NBFCs in a resulting structure by March 31, 2026. In this regard, the
Marcellus Investment Managers has seen its Portfolio Management Services (PMS) assets under management (AUM) decline sharply by 64% from Rs 12,704 crore in October 2022 to Rs 4,734 crore currently. The primary reason? Valuation missteps in stock selection, as acknowledged by the firm itself. In a post on social media platform X, Kanan Bahl, CA
Since the Securities and Exchange Board of India (SEBI) permitted the launch of silver Exchange-Traded Funds (ETFs) in November 2021, these funds have witnessed remarkable growth. By January 2025, the total Assets Under Management (AUM) for silver ETFs surpassed Rs 13,500 crore, with over six lakh investor folios. As of that date, there are 12
The China Securities Regulatory Commission (CSRC) has suggested implementing salary reductions of up to 50% for fund managers whose investment products either incur losses or fail to meet benchmarks by 10% or more. This initiative, announced on March 14, 2025, is part of efforts to reform China’s $4.6 trillion mutual fund sector in light of
The Central Pension Accounting Office (CPAO) has issued new guidelines to ensure timely pension to retired employees of the National Pension System (NPS). In an Office Memorandum (OM) issued on March 12, 2025, the CPAO has reminded the concerned officials that NPS pension cases should be processed in the same manner as the Old Pension
Securing your children’s financial future is one of the most important responsibilities of a parent. From education and marriage to other key life expenses, your growing children will need financial support at different stages. To ensure they have the necessary funds when required, it’s essential to diversify your investments across different schemes. In India, several
