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6 Indian companies enter top 10 digital media players` list in FY23 Six homegrown companies secured spots in the top 10 rankings of pure-play digital media companies by revenue in FY23, a report showed on Wednesday. These six Indian companies are Dream Sports, Gameskraft, Games24x7, Verse Innovations, Junglee Games and Times Internet, according to market research firm Redseer Strategy Consultants. The Indian digital media market has reached unprecedented heights, reaching an estimated market size of $11 billion in FY23.  This growth has been cat...
6 Indian companies enter top 10 digital media players` list in FY23
6 Indian companies enter top 10 digital media players` list in FY23
Source: IANS
6/09/2023 1:56:06 PM
Bengaluru`s premium property segments see surge in investments IT city Bengaluru is seeing an upward trajectory in investments in premium plotted properties and real estate with people preferring to purchase premium plots to get their dream villas. Bengaluru has always seen a steady rise in the number of people settling down. The trend in metros is people go for apartments. However, people now prefer villas, villaments and gated communities. “From a geographical point of view, in the Bengaluru market, North Bengaluru (around Devanahalli) and ...
Bengaluru`s premium property segments see surge in investments
Bengaluru`s premium property segments see surge in investments
Source: IANS
3/09/2023 9:14:30 AM
India`s Urban Air Mobility infrastructure market to reach $6.2 mn by 2033 The Indian Urban Air Mobility (UAM) infrastructure market is projected to reach $6.2 million by 2033, at a CAGR (compound annual growth rate) of 22.38 per cent, a new report said on Tuesday. According to BIS Research, the UAM infrastructure market, particularly in passenger and cargo gate-to-gate operations, is projected to experience steady growth from 2023 to 2033 in the country. UAM envisions the integration of aerial transportation services into urban transportation systems, providi...
India`s Urban Air Mobility infrastructure market to reach $6.2 mn by 2033
India`s Urban Air Mobility infrastructure market to reach $6.2 mn by 2033
Source: IANS
22/08/2023 2:38:57 PM
Bajaj Finance Fixed Deposits cross Rs 50,000 crore Bajaj Finance Limited, one of India’s leading and diversified Non-Banking Financial Company, and part of Bajaj Finserv, today said its Fixed Deposits book had crossed a milestone of Rs. 50,000 crore. Bajaj Finance has half a million depositors, with each depositor having placed 2.87 deposits, totalling 1.4 million deposits. Bajaj Finance has the highest credit rating of AAA/Stable for its long-term debt programme from CRISIL, ICRA, CARE and India Ratings, A1+ for its short-te...
Bajaj Finance Fixed Deposits cross Rs 50,000 crore
Bajaj Finance Fixed Deposits cross Rs 50,000 crore
Source: PR Agency
18/08/2023 6:25:18 PM
Tesla unveils Models S, X which are $10K cheaper amid rising competition Elon Musk run-Tesla has launched its flagship Model S and Model X with standard variants at more affordable prices in the US and Canada, slashing it by $10,000 amid fierce competition in the premium EV car market. The introduction of the Model S and Model X Standard Range was spotted on Tesla's online configurator, reports Teslarati. On Tesla’s official website, the Model S Standard Range is now priced at $78,490 before options. The Model S SR offers a range of 320 miles of ra...
Tesla unveils Models S, X which are $10K cheaper amid rising competition
Tesla unveils Models S, X which are $10K cheaper amid rising competition
Source: IANS
15/08/2023 11:47:53 AM
Mobile production crosses 2 bn units under `Make in India` initiative  'Make in India' mobile phone shipments crossed the 2-billion cumulative units mark during 2014-2022, registering a 23 per cent Compound annual growth rate (CAGR), latest research showed on Monday. The huge internal demand, increasing digital literacy and government push are the major reasons for this growth. As a result, India has become the second-biggest mobile phone-producing country, according to Counterpoint Research. "In 2022, more than 98 per cent of shipments ...
Mobile production crosses 2 bn units under `Make in India` initiative
Mobile production crosses 2 bn units under `Make in India` initiative
Source: IANS
14/08/2023 12:58:51 PM
SBFC Finance Limited`s Initial Public Offering to open on Thursday, August 3, 2023, sets price band at 54 to 57 per Equity Share SBFC Finance Limited (”Company”) is a systemically important, non- deposit taking non-banking finance company (“NBFC-ND-SI”) offering Secured MSME Loans and Loans against Gold, with a majority of its borrowers being entrepreneurs, small business owners, self-employed individuals, salaried and working class individuals has fixed the price band at ? 54 to ? 57 per Equity Share for its maiden public offer. The initial public offering (“IPO” or “Offer&rdq...
SBFC Finance Limited`s Initial Public Offering to open on Thursday, August 3, 2023, sets price band at 54 to 57 per Equity Share
SBFC Finance Limited`s Initial Public Offering to open on Thursday, August 3, 2023, sets price band at 54 to 57 per Equity Share
Source: PR Agency
1/08/2023 11:49:43 AM
Indian stock market to deliver 11-12% returns with short term corrections The Indian stock market is expected to continue to deliver over 11-12 per cent returns with short term corrections, said a senior official of Anand Rathi Wealth Ltd. He said short term corrections in the market are inevitable and investors should use that as an opportunity to invest. Responding to the query whether the bull run is coming to a halt, Deputy CEO Feroze Azeez told IANS: “Equity, as an asset class, goes through bear and bull market cycles. A bull cycle is a period wher...
Indian stock market to deliver 11-12% returns with short term corrections
Indian stock market to deliver 11-12% returns with short term corrections
Source: IANS
31/07/2023 3:13:33 PM
India all set to become energy independent by 2047: Finance Minister Stressing need to focus on green growth and reduction in carbon intensity, Union Minister of Finance and Corporate Affairs Nirmala Sitharaman has said that India is all set to become energy independent by 2047 and achieving net zero by 2070.  Sitharaman further said that the Indian chemical and petrochemicals sector has huge potential and it also impacts other sectors of the economy. The importance of the sector can be gauged from the fact that it deals with more than 80,000 chemicals...
India all set to become energy independent by 2047: Finance Minister
India all set to become energy independent by 2047: Finance Minister
Source: Accord Fintech
28/07/2023 1:01:19 PM
Rudra Global Infra Products doubles capacity for manufacturing TMT bars Rudra Global Infra Products, engaged in manufacturing of MS billets and TMT Bars of the finest quality, have informed the exchanges on the successful completion of a recent expansion into TMT bars.  According to the company, the recent expansion of a new rolling mill has successfully completed its trial runs for all the sizes in the product portfolio. The expansion has led to an increase in the overall installed capacity for manufacturing TMT Bars from 1.2 lakh tonnne/annum to 2.4 lac...
Rudra Global Infra Products doubles capacity for manufacturing TMT bars
Rudra Global Infra Products doubles capacity for manufacturing TMT bars
Source: IANS
22/07/2023 5:35:35 PM
IAN-backed Wizikey launches Imara: The world`s first AI avatar for PR & Comms Wizikey, the leading SaaS in PR, launched Imara AI, the world's first AI Avatar. At the cutting edge of Gen-AI solutions, Imara will cater to the diverse needs of PR and communications professionals, like that of a Chief Reports Officer, to streamline stakeholder alignment and promote data-driven PR reporting. Imara improves upon Wizikey's already impressive data capabilities. Wizikey has access to vast amounts of data, including over 3.3 million monthly news items, 5,00,...
IAN-backed Wizikey launches Imara: The world`s first AI avatar for PR & Comms
IAN-backed Wizikey launches Imara: The world`s first AI avatar for PR & Comms
Source: IANS
21/07/2023 5:12:41 PM
ICRA revises upward growth outlook for NBFC-Retail and HFC-Retail Credit rating agency ICRA in its latest report has revised upward the growth outlook for the current financial year (FY24) for the retail loans of Non-Bank Financial Companies (NBFC-Retail) and Housing Finance Companies (HFC-Retail), which account for the bulk of the overall sector. According to the report, the NBFC-Retail asset under management (AUM), estimated at around Rs 14 lakh crore as of March 2023, is expected to grow at a higher pace of 18-20 per cent in FY24 vis-a-vis the previou...
ICRA revises upward growth outlook for NBFC-Retail and HFC-Retail
ICRA revises upward growth outlook for NBFC-Retail and HFC-Retail
Source: Accord Fintech
21/07/2023 11:29:55 AM
Pfizer, Gilead, GSK to lead $150 bn infectious diseases mkt by 2029: Report Pharma giants Pfizer, Gilead Sciences, and GSK are expected to collectively generate 62 per cent of total infectious disease drug sales between 2023 and 2029, according to a report on Wednesday. The report by GlobalData, a leading data and analytics company, showed that the infectious diseases market is forecast to grow at a compound annual growth rate (CAGR) of 5.7 per cent between 2023 and 2029 to reach an impressive $150 billion in annual sales in 2029. Despite a 63.8 per cent declin...
Pfizer, Gilead, GSK to lead $150 bn infectious diseases mkt by 2029: Report
Pfizer, Gilead, GSK to lead $150 bn infectious diseases mkt by 2029: Report
Source: IANS
20/07/2023 10:10:33 AM
India`s entertainment & media industry to reach $73.6 bn by 2027 Driven by a surge in OTT platforms, India’s entertainment and media industry is expected to reach Rs 6,828,944 crore ($73.6 billion) by 2027, growing at a 9.48 per cnet CAGR, a report showed on Tuesday. With new launches from international players and increasing “pay-lite” options, OTT revenue has surged in recent years, expanding a further 25.1 per cent in 2022 to reach Rs 1,48,554 crore ($1.8 billion), according to PwC's ‘Global Entertainment and Media Outlook...
India`s entertainment & media industry to reach $73.6 bn by 2027
India`s entertainment & media industry to reach $73.6 bn by 2027
Source: IANS
18/07/2023 12:46:27 PM
Indian online skill gamings stakeholders come together to save industry: 1m Indian jobs, 400m Indian users, $2.5b investments More than 120 CEOs/founders of online skill gaming companies and game developers along with all the industry bodies have written to the PMO and relevant ministries in the interest of protecting the online skill gaming industry. On Tuesday, the GST Council announced to impose a 28 per cent tax on online gaming at the full-face value, shocking the industry and leaving them in significant distress. Currently, the industry is paying 18 per cent GST on GGR/ Platform Fee. The letter highlight...
Indian online skill gamings stakeholders come together to save industry: 1m Indian jobs, 400m Indian users, $2.5b investments
Indian online skill gamings stakeholders come together to save industry: 1m Indian jobs, 400m Indian users, $2.5b investments
Source: IANS
15/07/2023 12:52:13 PM
Service Care coming with an IPO to raise upto Rs 20.68 crore Service Care Service Care is coming out with a 100% book building; initial public offering (IPO) of 30,86,000 shares of Rs 10 each in a price band Rs 63 -67 per equity share. The issue will open for subscription on July 14, 2023 and will close on July 18, 2023. The shares will be listed on NSE Emerge. The face value of the share is Rs 10 and is priced 6.30 times of its face value on the lower side and 6.70 times on the higher side. Book running lead manager to the issue is Swast...
Service Care coming with an IPO to raise upto Rs 20.68 crore
Service Care coming with an IPO to raise upto Rs 20.68 crore
Source: Accord Fintech
11/07/2023 4:50:54 PM
Over the last decade, market capitalisation of Indian companies has risen 11% CAGR to $3.5 tn India's market capitalisation grew at 11 per cent over CY12-CYTD23, much faster than GDP, facilitated by financialisation of savings, new tech enablers (fintech / discount brokers) and improved retail participation (SIP culture, demat a/cs at a record 115mn, JM Financial Institutional  Securities said in a report. India is now a $US 3 tn plus economy. GDP grew at 6.4 per cent over the past decade, making India one of the world's fastest-growing large economies, and it is poise...
Over the last decade, market capitalisation of Indian companies has risen 11% CAGR to $3.5 tn
Over the last decade, market capitalisation of Indian companies has risen 11% CAGR to $3.5 tn
Source: IANS
7/07/2023 5:40:40 PM
India's private consumption to cross $2.4 trillion amid increased prosperity  While the macro picture has been bleak for the last two quarters, India's private consumption, which dipped to $2.2 trillion in Q3-Q4 in FY23, is on its way up and expected to cross $2.4 trillion in the fourth quarter of FY24, a report showed on Friday. Indicators across emerging sectors, such as credit card spends, air travel and sales of vehicles, show signs of recovery in Q1 FY24 (April-June period), according to the report by Redseer Strategy Consultants. The Indian macros...
India's private consumption to cross $2.4 trillion amid increased prosperity
India's private consumption to cross $2.4 trillion amid increased prosperity
Source: IANS
7/07/2023 10:38:14 AM
High-performance fragrances, eco-friendly liquid detergents to steer India`s fabric care growth story  Indian mothers believe powder detergents have superlative features, however brands can push this cohort to try liquid detergents by focusing on clothing protection claims, a consumer research by global market intelligence firm Mintel has revealed. The field research was carried out among 3,100 Indian consumers aged 18 and above, in metro cities and tier 1, 2 and 3 cities of each of the four regions of India. While Indian launches in fabric care mainly revolve around powders, liqui...
High-performance fragrances, eco-friendly liquid detergents to steer India`s fabric care growth story
High-performance fragrances, eco-friendly liquid detergents to steer India`s fabric care growth story
Source: IANS
1/07/2023 4:04:24 PM
5G mobile subscriptions in India projected to reach 700 mn by 2028 5G mobile subscriptions in India reached about 10 million by end of 2022 and are estimated to reach around 700 million by the end of 2028, accounting for about 57 per cent of mobile subscriptions in the country, a report showed on Wednesday. Average data traffic per smartphone is projected to grow from 26GB per month in 2022 to around 62GB per month in 2028, according to the Ericsson Mobility Report. The smartphone subscriptions in India, as a percentage of total mobile subscriptions, a...
5G mobile subscriptions in India projected to reach 700 mn by 2028
5G mobile subscriptions in India projected to reach 700 mn by 2028
Source: IANS
21/06/2023 3:09:12 PM
India`s eB2B market likely to reach up to $100 bn by 2030: Report India's business-to-business ecommerce market (eB2B) market is projected to reach $90-$100 billion by 2030, growing at compound annual growth rate (CAGR) of 40-45 per cent from $5-6 billion in 2022, a report showed on Tuesday. Platforms catering to retailers constitute 70-80 per cent of the eB2B market, while the remaining 20-30 per cent is occupied by platforms catering to wholesalers, according to a report by Redseer Strategy Consultants. "Growth in this market will be led by...
India`s eB2B market likely to reach up to $100 bn by 2030: Report
India`s eB2B market likely to reach up to $100 bn by 2030: Report
Source: IANS
20/06/2023 11:01:24 AM
BYJU`S announces upcoming IPO of Aakash Education Services Limited National: BYJU'S, world’s leading edtech company, announces that it will launch the Initial Public Offering (IPO) of its subsidiary, Aakash Education Services Limited (AESL) mid next year. The IPO will mark a milestone in the continued growth and expansion of Aakash + BYJU'S, creating a comprehensive portfolio of products that caters to a broader range of students. The Board of BYJU’S has granted its official sanction for this pivotal undertaking. The appointment of the...
BYJU`S announces upcoming IPO of Aakash Education Services Limited
BYJU`S announces upcoming IPO of Aakash Education Services Limited
Source: PR Agency
5/06/2023 7:55:08 PM
Greaves Cotton shines as its arm introduces groundbreaking financial platform `evfin` Greaves Cotton is currently trading at Rs. 136.15, up by 5.40 points or 4.13% from its previous closing of Rs. 130.75 on the BSE. The scrip opened at Rs. 133.25 and has touched a high and low of Rs. 137.50 and Rs. 132.40 respectively. So far 214052 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 184.50 on 08-Sep-2022 and a 52 week low of Rs. 118.70 on 14-Mar-2023. Last one week high and low of the scrip stood at...
Greaves Cotton shines as its arm introduces groundbreaking financial platform `evfin`
Greaves Cotton shines as its arm introduces groundbreaking financial platform `evfin`
Source: Accord Fintech
5/06/2023 2:42:56 PM
Retail exposures of NBFCs likely to expand by 12-14% in FY24: ICRA Credit Rating Agency ICRA in its latest report has said that the retail exposures of non-banking financial companies (NBFCs, excluding housing finance companies) are likely to expand by 12-14% in the current fiscal (FY24) with unsecured loans remaining the key driver; this follows the robust growth of 25% in FY23. The assets under management (AUM) exceeded Rs 14 trillion as of March 2023, with growth significantly surpassing expectations.  According to the report, most asset segments ...
Retail exposures of NBFCs likely to expand by 12-14% in FY24: ICRA
Retail exposures of NBFCs likely to expand by 12-14% in FY24: ICRA
Source: Accord Fintech
31/05/2023 11:28:27 AM
Overall 5G connections to grow to 3.2 bn in Asia-Pacific in 2025 5G connections in the Asia-Pacific region, both mobile subscriber and IoT connections, will grow from 574 million in 2021 to 3.2 billion in 2025, growing at a five-year compound annual growth rate (CAGR) of 87.9 per cent, according to a new report. Industrial Internet of Things (IIoT) is one of the important reasons for telecom services providers rolling out 5G services in the Asia-Pacific region. About 12.4 per cent of telecom carrier respondents in Asia-Pacific consider IIoT among top...
Overall 5G connections to grow to 3.2 bn in Asia-Pacific in 2025
Overall 5G connections to grow to 3.2 bn in Asia-Pacific in 2025
Source: IANS
14/05/2023 2:47:47 PM
India to become 50% non-cash economy in consumption in 3 years India is expected to become a 50 per cent non-cash economy in consumption in the next three years, with person-to-merchant digital transactions reaching over $1.5 trillion by FY26, a report showed on Thursday. India's household consumption is expected to reach more than $3 trillion by FY26, largely propelled by the upper-middle and high-income segments, with UPI payments likely making up a significant portion at around $1 trillion person-to-merchant (P2M) payments, according to the rep...
India to become 50% non-cash economy in consumption in 3 years
India to become 50% non-cash economy in consumption in 3 years
Source: IANS
4/05/2023 12:43:01 PM
Adani Green Energy announces FY23 results reporting EBITDA of Rs 5,538 cr up by 57% YoY Adani Green Energy Ltd (AGEL), the renewable energy arm of the diversified Adani Group announced financial results for the quarter and financial year ended March 31, 2023. The sale of energy has increased by 58 per cent YoY to 14,880 mn units in FY23 primarily backed by strong capacity addition, analytics driven O&M enabling high plant availability and deployment of latest renewable technologies. AGEL has added a massive 2,676 MW renewable capacity to its operational fleet in FY23, ...
Adani Green Energy announces FY23 results reporting EBITDA of Rs 5,538 cr up by 57% YoY
Adani Green Energy announces FY23 results reporting EBITDA of Rs 5,538 cr up by 57% YoY
Source: IANS
2/05/2023 12:16:03 PM
Food-tech startup Pluckk acquires 100% stake in Meal Kit brand KOOK Pluckk, a first-of-its-kind digital lifestyle-oriented fresh food brand in the Fruits and Vegetables (F&V) space, has announced the acquisition of KOOK, an Indian food-tech startup that offers a range of DIY Meal Kits for consumers, at a deal value of $ 1.3 million through a combination of cash and equity. KOOK offers DIY Meal Kits that make cooking easier for everyone by providing pre-portioned ingredients and easy-to-follow recipes. With a reputation for catering to various dietary p...
Food-tech startup Pluckk acquires 100% stake in Meal Kit brand KOOK
Food-tech startup Pluckk acquires 100% stake in Meal Kit brand KOOK
Source: IANS
2/05/2023 11:52:38 AM
Indian Web3 industry to reach $1.1 bn by 2032 The Indian Web3 market is expected to reach $1.1 billion by 2032, up from $0.0049 billion in 2022 at a compound annual growth rate (CAGR) of 57 per cent, a report showed on Tuesday. In India, the market size of metaverse is $2.4 billion and it is expected to record a CAGR of 39.2 per cent from 2022-2030 to reach $33.9 billion by 2030, according to a white paper released at the 'Entrepreneur Web3 Summit' in Bengaluru. In India, the market size of Blockchain is expected to record ...
Indian Web3 industry to reach $1.1 bn by 2032
Indian Web3 industry to reach $1.1 bn by 2032
Source: IANS
14/03/2023 4:58:53 PM
Indian startups must tap $430 bn digital market in Southeast Asia The total digital economy of Southeast Asia (SEA), which stands at $210 billion, is expected to grow at 15 per cent compound annual growth rate (CAGR) to reach $430 billion and Indian startups looking to expand overseas should consider Southeast Asia, a report showed on Monday. The population of over 650 million and 70 million SMEs in Southeast Asia are rapidly becoming more affluent and digitally savvy, creating a high demand for innovative products and services. "It's an idea...
Indian startups must tap $430 bn digital market in Southeast Asia
Indian startups must tap $430 bn digital market in Southeast Asia
Source: IANS
6/03/2023 11:46:16 AM
Before economy regains pre-Covid trend line, slowdown may be setting in Overall, post-Covid economic recovery may be strong in pockets, but remains weak on the aggregate, Nuvama Institutional Equities said in a report. On a 5 year CAGR trend basis, real GDP is growing at 4 per cent, which is sluggish. The weakness is pronounced in manufacturing (2.7 per cent), whereas services (5 per cent) seems to be doing relatively well. Nominal GDP growth stands at 11 per cent on a trend basis, (similar to pre-Covid trend), aided by higher prices. On a trend basis (5YCA...
Before economy regains pre-Covid trend line, slowdown may be setting in
Before economy regains pre-Covid trend line, slowdown may be setting in
Source: IANS
4/03/2023 5:20:20 PM
The Indian Wellness and skincare industry vis-a-vis global market The wellness and personal care industry in India is growing at a massive pace. The industry which was earlier majorly connected to the affluent section of the society, has now penetrated to the middle class across states, smaller cities and districts. While the middle class earlier connected personal care with low cost and affordable products, now the same middle class prefers spending on personal care products, with their rising disposable income. Over the past nine years, the per capita inc...
The Indian Wellness and skincare industry vis-a-vis global market
The Indian Wellness and skincare industry vis-a-vis global market
Source: IANS
2/03/2023 5:30:46 PM
Demand for lithium batteries to surge over 5-fold; EVs to fuel more From smartphones to laptops, from medical equipment to electric cars, lithium-ion batteries are providing portable electricity across electronic gadgets and power tools, and their demand is only going to surge. Called "White Gold", Lithium is a soft, silvery-white alkali metal that is highly reactive, incredibly light, and low in density. Though it had a diverse range of applications throughout history, in recent years, it has become a critical component of lithium-ion batteri...
Demand for lithium batteries to surge over 5-fold; EVs to fuel more
Demand for lithium batteries to surge over 5-fold; EVs to fuel more
Source: IANS
25/02/2023 4:08:11 PM
India to see Rs 1.5 lakh cr worth investment in data centres in next 6 years  Amid the growing data localisation demand in India, the country is likely to witness 4,900-5,000 MW of capacity with an investment of Rs 1.5 lakh crore in the next six years, a report showed on Tuesday. The industry revenues are expected to increase at a CAGR of around 17-19 per cent during FY2023-FY2025, supported by an increase in capacity utilisation and ramp-up of new data centres, according to credit rating agency ICRA. To cater to the increasing demand, Indian corporates lik...
India to see Rs 1.5 lakh cr worth investment in data centres in next 6 years
India to see Rs 1.5 lakh cr worth investment in data centres in next 6 years
Source: IANS
21/02/2023 4:15:17 PM
Electric 2-wheelers grew 300% in India in 2022: Report The automotive electric 2-wheelers (E2W) market grew by more than 300 per cent (year-on-year) in CY2022, a report has said. By 2025, the share of E2Ws and connected 2-wheelers (C2W) will both cross 50 per cent. The share of C2Ws grew over 20 per cent YoY last year and the high-speed electric vehicles market grew 90 per cent, according to CyberMedia Research (CMR)'s 'India Electric 2 Wheelers (E2W) Report'. "In CY2022, there has been a growing momentum towards electri...
Electric 2-wheelers grew 300% in India in 2022: Report
Electric 2-wheelers grew 300% in India in 2022: Report
Source: IANS
10/02/2023 12:16:41 PM
India`s physical rehab market likely to touch $35 bn by FY2028 India's physical rehab market is likely to grow at a CAGR of 15.5 per cent in the next 5 years to reach $35 billion by FY2028, a report showed on Thursday. Physical rehab in India currently is a $17 billion market, comprising three major segments -- restorative care ($5 billion market), geriatric care ($5 billion market) and pain relief ($3-4 billion market). As per Redseer estimates, 35-40 per cent of the physical rehab spend in India is concentrated in the top 10 cities. Majori...
India`s physical rehab market likely to touch $35 bn by FY2028
India`s physical rehab market likely to touch $35 bn by FY2028
Source: IANS
12/01/2023 2:01:33 PM
Equity Portfolio needs to have a prudent mix of both Growth and Value investment styles: Motilal Oswal Private Wealth Mumbai: The Alpha Strategist by Motilal Oswal Private Wealth (MOPW) highlighted that the global economies & financial markets are experiencing ‘Winds of Change’. This infers that their new economic fundamentals are getting predominant which will dramatically alter the growth trends witnessed over the last 10 years. Alpha Strategist report encapsulates the performance analogies of various asset classes during 2013-22 and provides an advisory on the ideal asset mix for wealth cr...
Equity Portfolio needs to have a prudent mix of both Growth and Value investment styles: Motilal Oswal Private Wealth
Equity Portfolio needs to have a prudent mix of both Growth and Value investment styles: Motilal Oswal Private Wealth
Source: PR Agency
9/01/2023 1:57:43 PM
Non-Life Insurance to Grow at 13-15%; Health to Cross Rs. 1 Lakh cr in FY24 Synopsis • The domestic non-insurance industry’s total premium grew from Rs. 1.3 lakh crore in FY17 to over Rs. 2.2 lakh crore in FY22 i.e., CAGR of nearly 11.5% driven by rising income level, better product fit, strong distribution channels and rising financial literacy. • Underwriting losses are expected to improve as the loss ratio is expected to stabilise and expenses of management remain range bound. The brokers would continue to be the largest distribution channel ...
Non-Life Insurance to Grow at 13-15%; Health to Cross Rs. 1 Lakh cr in FY24
Non-Life Insurance to Grow at 13-15%; Health to Cross Rs. 1 Lakh cr in FY24
Source: PR Agency
6/01/2023 12:06:10 PM
Jyotiraditya Scindia launches non-stop flight between Mumbai and San Francisco Civil Aviation Minister Jyotiraditya Scindia on Thursday launched first-ever non-stop flight between Mumbai and San Francisco. Air India will operate the flight three times a week on Tuesdays, Thursdays, and Saturdays with the newly-inducted Boeing 777-200LR aircraft. This will take Air India's India-US frequency to 40 non-stop flights per week. Presently, Air India operates non-stop flights from Mumbai to Newark, from Delhi to New York, Newark, Washington DC, San Francisco, and Chi...
Jyotiraditya Scindia launches non-stop flight between Mumbai and San Francisco
Jyotiraditya Scindia launches non-stop flight between Mumbai and San Francisco
Source: IANS
16/12/2022 10:18:00 AM
690 mn Indians to use 5G on mobiles by 2028: Report 5G will represent around 53 per cent of mobile subscriptions in India by 2028, with 690 million users, a new report showed on Wednesday. 5G subscriptions in India are expected to reach around 31 million by the end of this year, as telecom providers like Jio and Airtel continue to roll out 5G services across the country. Average data traffic per smartphone in the country is projected to grow from 25GB per month in 2022 to around 54 GB per month in 2028, according to the latest 'Erics...
690 mn Indians to use 5G on mobiles by 2028: Report
690 mn Indians to use 5G on mobiles by 2028: Report
Source: IANS
30/11/2022 2:13:34 PM
Global IT, business revenues to weather looming recession: IDC  Despite a looming recession, the global IT and business services revenue is expected to grow 5.7 per cent this year and 5.2 per cent in 2023, according to an IDC report. The growth outlook for Asia/Pacific was adjusted downward by roughly 10 basis points each year for the next four years. The region is forecast to grow at around 5.5 per cent each year. Within the region, the growth rates for both China and India have been lowered. The five-year compound annual growth rate (C...
Global IT, business revenues to weather looming recession: IDC
Global IT, business revenues to weather looming recession: IDC
Source: IANS
22/10/2022 3:36:49 PM
Smart home devices to surpass 2 bn units globally this year  Led by smart speakers, the global installed base of smart home devices is set to exceed 2 billion devices this year, a new report has shown. Smart speakers had the most global shipments in 2021, with 195 million, followed by lighting, plugs/switches and connected health devices, according to global research firm Omdia. The devices forecast to grow the fastest over the next five years include water leak sensors/shutoff valves, connected major home appliances, plugs/switches, air qu...
Smart home devices to surpass 2 bn units globally this year
Smart home devices to surpass 2 bn units globally this year
Source: IANS
16/08/2022 2:26:41 PM
Microsoft onboards ONDC to launch shopping app for Indian consumers  Microsoft on Tuesday onboarded governments open network for digital commerce (ONDC), with an aim to introduce social e-eommerce via its app in the Indian market. The tech giant plans to launch a shopping app for the Indian consumers, along with their social circle, harnessing the ONDC network to discover the best pricing among retailers and sellers. "By utilising the strength of our open network users, Microsoft, too, can implement their creative ideas like social commerce sw...
Microsoft onboards ONDC to launch shopping app for Indian consumers
Microsoft onboards ONDC to launch shopping app for Indian consumers
Source: IANS
9/08/2022 2:30:17 PM
Indian direct selling industry reports retail sales of $3.25 billion in 2021: WFDSA A report released by Washington-based World Federation of Direct Selling Associations (WFDSA) has said that the Indian direct selling industry has reported retail sales of $3.25 billion in 2021 (around Rs 27,650 crore) and maintained its 12th place in the global rankings. It said the Indian direct selling industry reported a growth of 7.7 per cent in 2021 and had a Compound Annual Growth Rate (CAGR) of 15.7 per cent in the last three years from 2018 to 2021, grabbing sixth position in the Asi...
Indian direct selling industry reports retail sales of $3.25 billion in 2021: WFDSA
Indian direct selling industry reports retail sales of $3.25 billion in 2021: WFDSA
Source: Accord Fintech
30/06/2022 12:46:57 PM
India's entertainment & media industry to reach Rs 4,30,401 cr by 2026 India's entertainment and media (E&M) industry is expected to reach Rs 4,30,401 crore by 2026 at 8.8 per cent CAGR, according to a report on Thursday. The PwC's Global Entertainment and Media Outlook 2022-2026 report has shown substantial growth across India's E&M industry segments such as OTT video, newspaper, advertisements, online games, cinema, music, among others. "The Indian Media and Entertainment outlook for the next few years is quite unique. There is a...
India's entertainment & media industry to reach Rs 4,30,401 cr by 2026
India's entertainment & media industry to reach Rs 4,30,401 cr by 2026
Source: IANS
23/06/2022 2:26:46 PM
Gaming-led global metaverse market to reach $28 bn by 2028 Fueled by gaming, the global metaverse market is projected to reach $28 billion by 2028, from $510 million this year, at a compound annual growth rate (CAGR) of 95 per cent, a new report has showed. The pandemic has hastened the evolution of the internet, resulting in the metaverse, where cyberspace becomes more of an interactive 3D space with business and networking, as well as content that corresponds to the worlds in popular games such as Roblox. According to Valuates Reports, the gr...
Gaming-led global metaverse market to reach $28 bn by 2028
Gaming-led global metaverse market to reach $28 bn by 2028
Source: IANS
20/06/2022 4:19:02 PM
Companies to spend $158 bn on environmental, social sustainability Enterprises are likely to spend $158 billion on environmental, social, and governance (ESG business services in 2025 with a five-year compound annual growth rate (CAGR) of 32.3 per cent, a new IDC report has said. Organisations face mounting pressures to improve and document their ESG performance. Because the initial steps to a sustainable transformation can be daunting to firms that have not attempted anything similar in the past, sustainability-linked consulting spending has become a ...
Companies to spend $158 bn on environmental, social sustainability
Companies to spend $158 bn on environmental, social sustainability
Source: IANS
12/06/2022 11:04:24 AM
India's Public Cloud market set to reach $13.5 bn by 2026 The Indian Public Cloud Services (PCS) market is likely to reach $13.5 billion by 2026, growing at a compound annual growth rate (CAGR) of 24 per cent for 2021-26, a new report has shown. In 2021, the revenue of public cloud market, including infrastructure-as-a-service (IaaS), platform-as-a-service (PaaS) solutions, and software-as-a-service (SaaS), reached $4.6 billion in India, according to the International Data Corporation (IDC). "With digital innovation leading the top busine...
India's Public Cloud market set to reach $13.5 bn by 2026
India's Public Cloud market set to reach $13.5 bn by 2026
Source: IANS
25/05/2022 3:45:05 PM