Introduction Care Ratings Limited, one of India’s leading credit rating agencies, recently announced its earnings for the second quarter and half-year ended September 30, 2024. The company’s stock surged to a 52-week high, reflecting the strong performance across both its standalone and consolidated financials. Strong Earnings Drive Stock Surge The robust financial performance in Q2FY25 …
In India’s mid-range hotel market, Lemon Tree Hotels has swiftly become a dominant force. The chain’s emphasis on offering high-quality lodging at reasonable costs has allowed it to draw in a diverse clientele, including both leisure and business travellers. The company’s quick growth throughout India’s cities is evidence of its popularity and success with visitors. …
Hindustan Unilever (HUL) has made a major announcement about the separation of its ice cream business, which includes beloved brands like Kwality Wall’s, Cornetto, and Magnum. After an in-depth review by an independent committee, Hindustan Unilever (HUL) decided it was time to let the ice cream division carve out its own path, allowing the company …
On October 23, 2024, for the half year ending September 30, 2024, SBI Life Insurance maintained its leadership in the private market with a New Business Premium (NBP) of ₹157.2 billion, holding a 21.3% market share. It also led the individual NBP segment, recording ₹114.9 billion, marking a 13% growth and a 25.7% market share. …
On October 23, 2024, Club Mahindra, the main brand of Mahindra Holidays & Resorts India Limited, opened a new property called Club Mahindra Pavagadh in Gujarat. This resort offers a beautiful getaway surrounded by rolling mountains and vast agricultural fields. Club Mahindra Pavagadh is conveniently located near major cities like Vadodara, Ahmedabad, Rajkot, Surat, Udaipur, …
Anil Ambani-led Reliance Infrastructure will make a big move in the defence sector by announcing a Rs.10,000 crore investment over the next decade. The company plans to establish India’s largest integrated project for manufacturing explosives, ammunition, and small arms in Ratnagiri, Maharashtra. This development, known as the Dhirubhai Ambani Defence City (DADC), will be spread …
The Competition Commission of India (CCI) has granted conditional approval to the much-anticipated merger between Reliance Industries and Disney, reshaping India’s media outlook. The deal, valued at over Rs.70,000 crore, was cleared after both companies agreed to several regulatory conditions to ease concerns over competition and market dominance. Key Conditions for the Merger One of …
Firstsource is a member of the RP-Sanjiv Goenka Group and a specialized worldwide business process management partner. In a variety of industries, including healthcare, banking and financial services, communications, media, and technology, we offer revolutionary solutions and services that cover the whole customer lifecycle. We serve as a reliable growth partner for top global brands, …
One of the biggest neutral telecom infrastructure providers in the nation, RailTel is a “Navratna” Central Public Sector Enterprise that offers ICT services and has a Pan-India optic fibre network. The OFC network reaches numerous rural areas as well as the nation’s major towns and cities. Founded on September 26, 2000, RailTel’s objectives were to …
Zomato Increases Platform Fee to Rs 10 Ahead of the upcoming festive season, Zomato has announced a hike in its platform fee, increasing it from Rs 7 to Rs 10 per order. This fee is applied on top of goods and services tax (GST), restaurant charges, and delivery fees. According to a notification in the …
