Industry

– By Deepal Shah Efficiency is the cornerstone of any business, especially in an industry like logistics, where optimising costs and improving speed have a direct relationship to the bottom-line. To CFOs, application of technology has been presented as an indispensable tool to achieving efficiency. In the AI-era of today, tools such as Chatbots, RPA

Domestic complex fertiliser manufacturers are expected to post a decline of around 10 per cent on-year in operating profitability to Rs 3,200-3,300 per tonne in fiscal 2025, stated a report by CRISIL Ratings. The decline will be due to lower realisations amid higher-than-expected raw material prices, however, the report maintained, they will recover most of

Mall operators are expected to clock a healthy revenue growth of 10-12 per cent this fiscal, building on last fiscal’s 15 per cent spurt, stated a report by CRISIL Ratings. The growth, it added, will ride on contractual rental escalations, improvement in overall occupancy due to ramp-up of the malls launched in last two fiscals

Zepto, on Friday, announced that the consumer internet company has raised a funding of $350 million in its latest round, marketing the largest 100 per cent domestic fundraise in India’s startup ecosystem. The round, it added, included investments from Indian HNIs, family offices, and financial institutions. The fundraise was led exclusively by Motilal Oswal’s Private

Food wastage remains a critical challenge for India’s foodservice industry, not only eroding restaurant profits but also intensifying environmental concerns in a country where millions suffer from undernourishment and malnutrition. GlobalData said that leveraging technology offers a dual advantage by mitigating food waste and promoting sustainable practices, thereby enhancing efficiency and supporting long-term industry growth.

The reprieve from the Hindenburg Research controversy has proven to be quite short-lived for the Adanis. Just as the group managed to move past allegations of stock market manipulation and accounting fraud levelled by the US short-seller in January last year, US prosecutors dropped a bombshell late on Wednesday. They charged group chairman Gautam Adani

Marking its foray into north India, Karnataka Milk Federation–the country’s second-largest cooperative dairy–launched its milk brand Nandini in Delhi on Thursday. Speaking at the event, Karnataka chief minister Siddaramaiah said: “When you can’t beat Gujarat, be near to it”, in reference to Nandini’s competitor Amul, which is India’s largest milk brand. With its north India

After 20 smart industrial townships under construction, the government is now looking to facilitate setting up of more industrial parks in smaller towns and cities, a senior official said Thursday. “We are hopeful that the framework for them (industrial parks) will be ready within this fiscal year,” secretary in the Department for Promotion of Industry