IT services sector to witness revenue growth decline by 700- 900 bps in fiscal 2024 While there will be decline in the revenue growth, demand scenarios will be supported by a healthy growth in cost-optimisation… 3 years ago
Here’s what will power India Inc’s double engine race; high base effect no bar, companies set for fast growth Corporate India will be driven by a 10-12 per cent revenue growth in non-commodity sectors, while on the other hand,… 3 years ago
Apple supplier Foxconn wins AirPod order, plans $200 million factory in India The deal will see Foxconn, the world’s largest contract electronics maker and assembler of around 70% of all iPhones, become… 3 years ago
Offline sales bring 10-15% of revenue, eyeing 2.5x online sales growth by year end, says Sirona founder While the brand’s foray into offline retail has been recent, Sirona is focusing on its offline network of product offerings.… 3 years ago
PepsiCo India’s early summer bet for 2023 sales; Pepsi, 7UP, Mirinda, Mountain Dew sales to beat the heat “We’re excited about what an early onset of summer could signify for the beverage sector in 2023. We are optimistic… 3 years ago
February GST collection a tad below Rs 1.5 lakh cr; up 12% on-year, above Rs 1.4 lakh cr for 12 months in a row The government’s GST collection in February rose 12% on-year to Rs 149,577 crore – 12th straight month of the collection… 3 years ago
Wipro restructures businesses into four ‘global business lines’, with focus on clients, new opportunities The four business lines introduced by Wipro will focus on areas like cloud, enterprise technology and business transformation, engineering, and… 3 years ago
Usha International expects to close FY 2022-23 with Rs 3700-3800 crore revenue, says CEO Dinesh Chhabra Dinesh Chhabra, CEO, Usha International, said that the brand expects to close FY 2022-23 with a revenue of approximately Rs… 3 years ago
Titan to more than double Zoya store counts, top-line by FY27 CK Venkatraman, the managing director of Titan Company, said that the company is looking to more than double its revenue… 3 years ago
QSR slows down as households cut eating out expenses; Pizza Hut, KFC, others lose sales but expand network The slowdown in discretionary consumption has hit the strong demand that the industry had witnessed in the past few quarters,… 3 years ago
Alibaba reduced workforce by 19,000 in Covid-challenged 2022 Alibaba reduced its workforce by about 19,000 employees last year. It let go of more than 4,000 workers in the… 3 years ago
Metro Brands hiring up to 2,000 store workers, says CEO The company, which had 720 stores as of end-2022 and nearly 4,000 employees overall, said last March it would add… 3 years ago
Ray-Ban maker EssilorLuxottica’s sales rise on solid European growth he maker of Oakley and Ray-Ban sunglasses posted a 9.4 per cent rise in revenues to 6.11 billion euros ($6.49… 3 years ago
Data Drive: Tightened purse strings Volume growth for fast-moving consumer goods in rural areas continues to contract while urban volumes have been steady. 3 years agoFebruary 19, 2023
Gamezop’s Gaurav Agarwal divulges its plans for expansion and revenue The company clocked a net revenue of Rs 23.5 crore, with a net profit of Rs 3.86 crore in FY21 3 years agoFebruary 9, 2023
Uno Minda’s bet on new products helps company post Rs 162 crore net profit in Q3 FY2023 Uno Minda Board has approved acquiring the remaining stake of 22.64 percent for Rs 115.5 crore, held by joint venture… 3 years agoFebruary 8, 2023
Raymond Q3 profit down 4.4% to Rs 97 crore; income up 17.6% to Rs 2,168 crore The company had posted a net profit of Rs 101.07 crore during the October-December period of the previous fiscal, Raymond… 3 years ago
Welspun India Q3 net profit declines 66.55 per cent to Rs 43.83 crore Welspun had posted a consolidated net profit of Rs 131.06 crore in the same quarter last fiscal, Welspun India said… 3 years ago
Nykaa Q4 business update: Revenue to grow by 25% YoY on BPC segment, says Nuvama – Here are key drivers
Marico Q4 business update: March quarter revenue growth estimated at 17-18%, ahead of peers – Here are key drivers
