Entrepreneur India: Page 6

News and Trends

Indian Cigarette Manufacturers Set for 9-10% Revenue Growth: CRISIL Report

India is the second-largest tobacco producer, with leaf tobacco exports expected to rise from an average of 2.4 lakh tonnes over the past three years to 2.8-2.9 lakh tonnes this fiscal.

News and Trends

How The Automobile Giants Performed in October 2024

October 2024's sales data reveals the shifting dynamics of India's passenger vehicle market. The festive season has underscored the growing demand for SUVs and MPVs, with Toyota Kirloskar and Mahindra & Mahindra emerging as clear winners by capitalizing on this trend.

News and Trends

JSW Group and POSCO Forge Strategic Alliance to Boost Steel, Battery Materials, and Renewable Energy in India

SW and POSCO will jointly explore developing battery materials for EVs, catering to India's evolving green mobility sector.

News and Trends

Indian Inc to Prioritise AI, Security & Advanced Tech

While 2023 saw a slowdown in IT investment, 2024 will be all about growth fueled by digital transformation, says a report by IDC

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India Inc Faces Sluggish Revenue Growth in Q2 Amid Construction Slowdown and Commodity Weakness: CRISIL Report

Revenues in agriculture, particularly fertilizers, fell significantly by 20-22 per cent year-on-year (YoY), as raw material prices declined.

News and Trends

Applied Materials Appoints Avinash Avula as Country President for India

Avula, who has previously held leadership roles with Applied in California and Singapore, brings extensive expertise in advanced semiconductor technologies.

News and Trends

Ambuja Cements Reports 9% Volume Growth and INR 7,516 Crore Revenue in Q2 FY25

Ambuja has maintained a strong financial position, reporting cash and cash equivalents of INR 10,135 crore, while its net worth rose to INR 59,916 crore

News and Trends

JSW Steel Expands Renewable Capacity to 2,507 MW; Advances Key Project Milestones

These renewable capacities are being developed under group captive norms as per the Electricity Act and are projected to be fully operational by FY27.

News and Trends

Tata Power Arm Partners with Keppel to Launch Cooling-as-a-Service in India

By aggregating cooling demands, this model is expected to reduce energy consumption by up to 40 per cent and cut carbon emissions by up to 50 per cent, positioning it as a strategic solution to meet India's energy efficiency goals.

News and Trends

How India's Labour Force is Powering The Economic Growth

India's labour force is driving the country's economic growth, with significant contributions from various sectors. As India aims to become a $5 trillion economy by 2027-2028, its labour market's resilience, diversification, and growing formal employment opportunities are poised to play a pivotal role.

News and Trends

Rashi Peripherals Posts INR 11,000 Crore Revenue; Eyes Double-Digit Growth for FY25

Rashi Peripherals, achieved INR 11,000 crore in revenue for FY24 and continues to target double-digit growth. With a vast network and diversified portfolio, the company is expanding into AI, visual products, and semiconductors to drive future growth.

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Jaguar Land Rover Bolsters Global Innovation Network with New Hub in India

JLR's India Hub will work closely with a range of startups, concentrating on some of the most impactful emerging technologies in the automotive sector.

News and Trends

Top 5 Threats Businesses Face in the Next 5 Years

As per the report, 52 per cent of respondents cite market volatility as one of the top concerns over the next five years.

News and Trends

Ambuja Cements to Acquire 46.8% Stake in Orient Cement, Open Offer Triggered for Public Shareholders

With this acquisition, Ambuja Cements will enhance its total operational capacity to 97.4 MTPA, fast-tracking its goal to achieve over 100 MTPA by March 2025.

News and Trends

Peak XV Unveils Surge 10; $3M Seed Funding & Over $2M in Perks to Drive Innovation

Running from October 2024 to February 2025, the program combines in-person and online sessions, focusing on founder development, go-to-market strategies, and brand building.