Smaller Towns To Power redBus’ Growth Engine: CEO Prakash Sangam
In an interview, Prakash Sangam states that the company is doubling down on inventory expansion and digitisation in smaller towns
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Britannia Sharply Cuts Capex By 77% For FY26: Report
- by BW Retail World Bureau
- August 6, 2025
The company expanded operations in Bihar and Tamil Nadu last year and did significant capex in Ranjangaon
Economy
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Indian Economy To Grow At 6.2% In 2024
- by BW Retail World Bureau
- January 6, 2024
India is projected to grow at the rate of 6.2 per cent in 2024, backed by a robust domestic demand and strong growth in the services and manufacturing sectors, the United Nations (UN) has said. The UN released the World Economic Situation and Prospects (WESP) 2024 report on Thursday. The report states that South Asia’s […]
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JK Tyre Drives Fund-Raising Success, Rs 500 Cr QIP Fuels Share Price Rise
- by BW Retail World Bureau
- January 1, 2024
Indian Tyre Manufacturer JK Tyre & Industries have successfully concluded their fund-raising plans of Rs 500 crore through a Qualified Institutional Placement (QIP), leading the stock price to trade in the green territory at Rs 401 on the National Stock Exchange (NSE). According to the official statement by the company, the QIP was priced at […]
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India’s Exports Inch Up In November, Trade Deficit Narrows As Imports Fall
- by BW Retail World Bureau
- December 16, 2023
India’s overall exports, merchandise and services combined, in November are estimated to be USD 62.58 billion, exhibiting a marginal positive growth of 1.23 per cent yearly, official data released on Friday showed. The overall exports during November 2022 were worth USD 61.82 billion. Major contributors to export growth in November 2023, though marginal, include iron […]
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India Rejects BYD’s $1 Bn Manufacturing Plant Proposal Due To Security Concerns
- by BW Retail World Bureau
- July 24, 2023
The Indian government rejects BYD’s USD 1 billion manufacturing plant proposal in India due to security concerns, reported a media house. The Chinese automaker had intended to produce electric vehicles (EVs) and electric batteries in India in collaboration with an Indian EV company, Megha Engineering and Infrastructure. Security concerns regarding Chinese investments in India were […]