Entrepreneur India: Page 3

News and Trends

On Board: Business, Luxury, Wellness and The Blues

As cruise tourism expands in the region, India's ports—such as Mumbai, Goa, Chennai, and Kochi—could emerge as key players. Imagine stepping off a cruise in Chennai, sipping authentic filter coffee, exploring Mahabalipuram, and then effortlessly transitioning back to work and leisure.

News and Trends

Patanjali's Profit Soars Fivefold to INR 2,901 Crore in FY24

The company's other income jumped to INR 2,875.29 crore in FY24 from a modest INR 46.18 crore in the previous fiscal year.

News and Trends

India's Private Sector Sees Strongest Growth in Three Months: Report

Manufacturing also remained resilient, with the HSBC Flash India Manufacturing PMI at 57.3 in November, down slightly from 57.5 in October but still indicating substantial improvement.

News and Trends

India Poised to Become World's Third-Largest Economy, Says Minister Piyush Goyal

To foster advancements in emerging technologies, the government has launched a INR one trillion fund aimed at deep tech and sunrise sectors.

News and Trends

Chinese Smartphone Brands Maintain Dominance in Indian Market Despite Challenges

OnePlus, a BBK subsidiary, remains deeply committed to India, which accounted for 76 per cent of its global sales as of September 2024

News and Trends

India's Quick Commerce Startups Poised to Go Global, Says Finance Minister Sitharaman

Sitharaman additionally proposed that Prasar Bharati enhance its streaming capabilities to create an international-standard OTT platform.

Technology

How Cloud Technology will Transform the Banking Industry

The Indian cloud services market, valued at USD 8.3 billion in 2023 and projected to grow to USD 24.2 billion by 2028, is currently dominated by international providers. With this initiative, the RBI seeks to boost domestic players and enhance India's digital sovereignty.

News and Trends

Tata Power and ADB Join Forces to Accelerate India's Clean Energy Transition with $4.25 Billion Partnership

The collaboration focuses on evaluating financing for transformative projects, including the 966 MW Solar-Wind Hybrid project, Pumped Hydro Storage Project, and other initiatives centered on energy transition, decarbonization, and battery storage.

News and Trends

Economic Activity in India Improved to an 8-Month High of 10.1% in October

October 2024 also registered a robust 9.9 per cent month-on-month (MoM) growth, surpassing the 6.5 per cent MoM increase observed in October 2023.

News and Trends

Bikaji Foods Invests Additional $5,00,000 in Bikaji USA

BFIL's shareholding in Bikaji USA remains at 100 per cent, as the subsidiary continues to be fully owned by the parent company.

News and Trends

India's Data Centre Industry to Add 604 MW by 2026, Fueled by AI and 5G Growth

India's DC capacity reached 917 MW with an impressive 873 MW occupancy, reflecting a robust 24 per cent compound annual growth rate (CAGR) over the last four-and-a-half years.

News and Trends

Hyundai Motors India to Invest INR 38 Crore in Renewable Energy

The collaboration is set to establish a solar power plant with a 75 MW capacity and a wind power facility of 42.9 MW in Tamil Nadu, bringing the total renewable energy capacity to 118 MW.

News and Trends

The Growth Of Air Travel In India: Is Consumer Confidence Back?

Over 5 lakh domestic passengers took to the skies in a single day, marking a historic figure. Pricing competitiveness, festival season, weddings and an increasing disposable income fuelled the sector's growth

News and Trends

82% of Rural Women Entrepreneurs Still Rely on Traditional Offline Sales: Report

According to the report, overall 79.5 per cent of women own smartphones for various purposes, and only a half of them have used these devices for business.

News and Trends

Nokia Secures Multi-Billion-Dollar Deal with Bharti Airtel for 5G Deployment in India

The partnership includes the integration of Nokia's MantaRay Network Management platform, which leverages AI-driven tools for intelligent network monitoring, digital deployment, and optimization.