Apple Inc’s stock market value has exceeded USD 3 trillion for the first time, buoyed by signs of improving inflation and optimistic projections of the company’s expansion into new markets. On Friday, Apple’s shares climbed 2.3 per cent to reach USD 193.97, resulting in a market capitalisation of USD 3.05 trillion, as reported by Refinitiv […]
Automotive components makers in India is set to register 10-12 per cent growth in revenue during the financial year 2023-24, said Crisil Ratings on Thursday. It attributed the growth to continued domestic growth — buoyed by robust demand from automobile manufacturers and aftersales demand from services. “This is despite exports continuing to remain sluggish,” Crisil […]
The Buoyant retail sales and improved rental yields are expected to lift the revenue of mall operators by 7-9 per cent this fiscal. That would be tantamount to ~125 per cent of pre-pandemic, or fiscal 2020, revenue. Notably, this will be on a high base of fiscal 2023, when a return to social normalcy after […]
PepsiCo, said on Thursday that its Indian unit achieved “double-digit organic sales growth” in 2022. PepsiCo noted in its earnings report that it had gained market share in beverage and savoury snack markets, including India. PepsiCo’s net sales in the Africa, Middle East, and South Asia (AMESA) business, which includes India, increased 5.9 percent to […]
