Saatvik Green Energy files draft papers with Sebi to raise Rs 1,150 crore via IPO
At present, promoters hold over 90% stake in the company.
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India to lead global Open Finance adoption, contribute 47% of users by 2030: GoFar Report
India’s user base is projected to rise from 90 million in 2024 to 479 million by 2030, a fivefold increase over six years.
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India’s Taj Hotels parent plans $592.5 million capex over five years, shares jump
Indian Hotels Co. Ltd (IHCL), aiming to double its hotel count and revenue, announced a $592.5 million investment plan over the next five years. This initiative targets a consolidated revenue exceeding $1.78 billion and an expanded portfolio of over 700…
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Economy likely to grow 6.7% in FY25 due to weaker Q2 performance: Report
Food prices are likely to moderate in the next 12 months, global commodity price volatility, driven by trade/tariff policies, could introduce uncertainty. As a result, average inflation will be around 4.3% in 2026-27, lower than 4.9% in 2024-25, the report…
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Zomato expects food delivery business to grow 30% annually over 5 years, exec says
Zomato’s food delivery business accounts for about 58% of its topline with the gross order value – encompassing food price, platform fees and delivery charges – at 322.24 billion rupees ($3.82 billion) last fiscal year, marking an average annual growth…
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ASSOCHAM proposes simplified TDS rates and tax reforms in pre-budget 2025-26 recommendations
ASSOCHAM, in its pre-Budget 2025-26 recommendations, proposed for simplified TDS rates, decriminalisation of certain defaults, and enhanced tax neutrality for business reorganisations. The industry body seeks reforms to ease compliance, reduce litigation, and foster investment, urging a streamlined tax framework…
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