INDUSTRY GROWTH

Indian conglomerates face a significant talent shortage which could impact expansion plans and growth. Key sectors like automobile, health, real estate, and construction are the worst hit. Companies like Tata Motors and L&T are investing in training...

The Reserve Bank's regulatory measures are influencing commercial banks' lending patterns. Loans to industry and agriculture have grown significantly in July 2024, while credit to services and retail sectors has slowed. Credit to housing accelerated...

The FMCG sector experienced top-line growth due to a summer spike, despite challenges from the general elections. The outlook for H2 is positive, with anticipated revenue growth supported by rural recoveries. As sector rotations favor defensives, FM...

Reliance Industries Ltd (RIL) will consider a bonus issue, its first in seven years, and aims to transform into a deep-tech, new-energy leader. The company's board will meet on September 5 to discuss this. RIL targets ranking among the top 30 most v...

Puneet Chhatwal, MD & CEO of IHCL, discusses the expected long-term growth in India's hospitality sector. He highlights the increasing demand for talent and business travel, and IHCL's strategy of launching and re-imagining properties. Chhatwal anti...

The two-wheeler industry is set for strong festive season sales, driven by a revival in rural demand and good monsoon conditions, says TVS Motor's Aniruddha Haldar. Rural demand is outpacing urban areas, with scooters gaining popularity. Improved ru...

A PwC India report predicts UPI transaction volume to rise to 439 billion by 2028-29, accounting for 91% of retail digital payments. The digital payments landscape will see significant growth, with overall transactions increasing from 159 billion in...

PBFintech, the parent entity of Policybazaar, is having a dream run at the stock exchanges. The company is nearing a $10 billion market capitalisation as its stock price has grown to around Rs 1,800 from Rs 1,000 six months ago. While Policybazaar i...

Nestle ousted CEO Mark Schneider over concerns about weak sales growth and sluggish product development. Despite navigating the company through the pandemic and improving margins, his strategy faced criticism. Schneider's successor, Laurent Freixe, ...

Smallcap stocks have displayed notable earnings growth as 23 companies, including Shakti Pumps and GE T&D, reported consistent EPS increases over four quarters. The sector's robust performance is expected to continue, driven by telecom, realty, and ...

Online sales of high-value electronics such as air-conditioners, washing machines, and laptops grew significantly faster than offline sales in the first half of 2024. GfK-NielsenIQ data revealed a 17% increase in online consumer electronics sales co...

India's growth in Q1 FY25 slowed to a median 6.85%, impacted by lower urban consumption, weakened manufacturing, and reduced government spending during elections. Economists anticipate recovery in subsequent quarters despite an uneven monsoon and te...

The Indian cement industry is planning a capital expenditure of around Rs 1.25 lakh crore for FY25 to FY27 to meet increasing demand, according to a report by CRISIL. This will add 130 million tonnes of cement grinding capacity. The sector’s credit ...

Wyndham Hotels & Resorts has appointed Shailender Singh as the market managing director for Eurasia, highlighting plans for expansion. Singh, who has over 20 years of experience in the industry, will oversee the growth of Wyndham's brands across the...

While new-age technology industries are growing at a rapid pace, the lack of innovative national level regulatory models for high-performing sectors could hamper their growth potential.

Telecom minister Jyotiraditya Scindia promised full government support to address issues faced by telecom equipment manufacturers. In the second stakeholders advisory committee meeting, industry leaders discussed growth targets and job creation. The...

UBS Securities has rated KEI Industries and Polycab India with buy ratings, forecasting a 26-31% increase in their stocks over the next year. Analysts mentioned strong domestic demand, capacity expansion, and real estate growth as driving factors. K...

Delhi has completed drafts for three policies aiming to define industrial and economic growth. These include promoting a sustainable industrial hub, enhancing electronics design and manufacturing, and improving city logistics. Feedback from stakehol...

At a consolidated group level across businesses, Reliance Industries alone has seen a reduction of 42,000 in employee count in FY24 over the previous year led by the retail business where over 38,000 jobs were slashed.