Maruti Suzuki has increased the prices of its highest-selling car Swift and selected variants of the Grand Vitara with effect from April 10, stated a release by the company. According to the company’s announcement, the prices of Swift have been increased by up to Rs 25,000, while the Sigma variant of the Grand Vitara witnessed […]
Malabar Gold & Diamonds achieved an annual retail global turnover of Rs 51,218 crore in the last financial year. In just three decades, Malabar Gold & Diamonds, headquartered in Kerala, has garnered unprecedented success in the global jewellery industry. The brand’s strategic retail expansion plan spans India and overseas markets, aiming to strengthen its position […]
Post the hike in cement prices across India, builders have opined that the trend will weaken the already slow demand for affordable houses as well as impact retail consumers, large-scale construction projects and infrastructure projects. Last week, cement majors in India announced a hike in prices in the range of Rs 10-15 per bag in […]
Swiggy, the prominent food delivery and quick-commerce platform, has undergone a significant corporate transformation by converting itself from a private limited company to a public limited company. This strategic move, revealed through documents filed with the Registrar of Companies, has led to the alteration of the company’s name from Swiggy Private Limited to Swiggy Limited, […]
The financial industry supported this move and said it is a progressive step to boost the adoption of interoperable cash deposits Launched in 2016, India’s UPI payment has become an essential part of every individual, especially for retail digital payments in India, and its adoption has noticed rapid growth. Keeping its huge progress in mind, […]
Data analysis firm GlobalData reports a significant surge in India’s mobile wallet market, with the unified payments interface (UPI). Their report highlights a robust 72.1 per cent compound annual growth rate (CAGR) in the value of mobile wallet payments between 2019 and 2023, reaching Rs 202.8 trillion (USD 2.5 trillion) by 2023. This growth is […]
Holani Venture Capital Fund, a Securities and Exchange Board of India (SEBI) Registered Category I Alternative Investment Fund (Alternate Investment Fund) on Monday stated that it launched a Rs 400 crore SME-focused fund with a green shoe option of another Rs 100 crore. The fund has now been duly registered under the Securities and Exchange […]
Titan, a fashion accessories company owned by Tata Group, reported a 17 per cent year-on-year growth in the fourth quarter (Q4 FY24), according to a preliminary business update released on 5 April. The company disclosed in an exchange filing that it added over 86 new stores during Q4, increasing its retail network presence to 3,035 […]
Marico’s shares surged by 3.24 per cent in Friday’s trading session following the release of its quarterly business update for the March quarter. The company reported that FMCG demand remained steady during the quarter, similar to previous quarters, with urban and rural consumption patterns largely aligning. In Q4 FY24, the domestic business experienced a slight […]
Samsung Electronics said it expects a notable increase in its first-quarter operating profit, surpassing expectations by over 10-fold. The South Korean tech giant estimated its operating profit to have soared to a staggering 6.6 trillion won (USD 4.89 billion) for the quarter ending 31 March. This figure represents a 931 per cent increase compared to […]
