India Inc revenue growth likely moderated in Q4
Among the 47 sectors monitored by Crisil, only 12 are expected to have clocked an improvement in revenue growth both sequentially and on-year for the quarter.
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Sebi makes nomination optional for joint mutual fund portfolios
Sebi makes nomination optional for joint mutual fund portfolios Source:-Zee Business The regulator has set June 30, 2024, as the deadline for all existing individual mutual fund holders to nominate or opt out of nomination. If they fail to comply,…
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India’s manufacturing sector stays strong despite slight dip in April PMI to 58.8
Despite a slight dip in April, India’s manufacturing sector, as per HSBC’s PMI report, maintains robust growth. Buoyed by sustained demand, manufacturers exhibit resilience amidst escalating costs and optimistic outlook.
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India to become world’s third-largest ecommerce market by 2030
Invest India forecasts India’s e-commerce to soar to $325 billion by 2030, fueled by 500 million shoppers and robust internet penetration. The country’s digital transformation is driven by affordable data, smartphone usage, and a focus on rural e-commerce growth.
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Indus Towers confident of cash flow boost in FY25
Indus Towers expects cash flows to improve in FY25 as it’s confident of quickly recovering its backlog of past dues from key customer, Vodafone Idea (Vi), especially as the latter has recently raised Rs 18,000 crore via the follow-on public…
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Jindal Stainless announces expansion plans worth Rs 5,400 cr, including a Indonesian JV and an acquisition
Jindal Stainless unveiled a Rs 5,400 crore investment plan focusing on expanding its melting and downstream capacities. This includes a joint venture in Indonesia for a stainless steel melt shop, expected to increase melting capacity by 40%. Additionally, investments in…
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