India’s Raymond Realty, recently carved out from the namesake conglomerate, is on track to list in early July as the group looks to streamline its corporate structure, a top executive told Reuters on Tuesday.
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FMCG companies navigated headwinds in consumer spending during FY25, resulting in modest salary increases for finance chiefs. Over the last few quarters, the senior executives of FMCG companies have sounded alarm on the falling consumption trends and reducing disposable income…
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It said India’s household debt is manageable and not worrisome at all, as two-thirds of the portfolio is of prime and above credit quality and the rise is attributed to a growing number of borrowers rather than an increase in…
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Globally, smartphone manufacturing output is expected to slip 1% year-on-year in 2025 due to tariff impacts and a broader industry slowdown, following a 4% year-on-year rise in 2024, according to Counterpoint Research.
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The $10 billion figure excludes licensing revenue from OpenAI-backer Microsoft and large one-time deals. This topline print means OpenAI is on track to achieve its revenue target of $12.7 billion in 2025, which it had shared with investors earlier.
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The fintech major was valued at $6.4 billion in 2022 during its last major fund infusion. The current fund infusion is in the form of primary capital, which means that existing investors have not sold any shares in this round.…
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