PTI
Consumer Durables & IT
Daikin to sell 2 million units of AC in FY25, expand manufacturing capacity of compressors
PTI -
The company has already sold 7 lakh units of residential air conditioner (RAC) in the first three months of the yearNew Delhi: Air conditioner...
People
AI will eliminate certain roles, but will create more jobs than it eliminates: Deloitte AI exec
PTI -
Consumerisation, banking, and hospitality are some of the other sectors that are utilising the power of AINew Delhi: AI will replace people with people,...
Spotlight
Most of top-level executives have positive perception of GST: Deloitte survey
PTI -
Marking the seven-year journey of GST, Deloitte India conducted the survey to capture India Inc.'s views on this transformational tax reformNew Delhi:Â An increasing number...
Home Decor & Furnishing
Stanley Lifestyles IPO subscribed 1.43 times on day 1 of offer
PTI -
The initial share sale received bids for 1,46,69,560 shares against 1,02,41,507 shares on offer, as per NSE dataNew Delhi: The initial public offer of...
FMCG
Rural India a ‘bright star’ for FMCG sales; will continue to outpace urban expansion in Q2 of 2024: Kantar
PTI -
This growth in the rural areas is helped by region-centric measures by the government in the interim budget earlier this yearNew Delhi: Rural India...
E-Commerce
Zepto raises $665 million; valuation nearly triples to $3.6 billion
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The funding round saw participation from new investors like Avenir, Lightspeed, and Avra, alongside existing investors Glade Brook, Nexus, and StepStone, Goodwater, and Lachy...
Fashion & Lifestyle
Camaro plans to set foot in west, north India
PTI -
The expansion will help double its turnover to Rs 200 crore over the next three yearsNew Delhi:Â Camaro, the city-based denim and casual wear brand,...
Finance and Funding
Ahead of IPO, Stanley Lifestyles collects Rs 161 cr from anchor investors
PTI -
Stanley Lifestyles has decided to allot 43.66 lakh equity shares to 16 funds at Rs 369 a pieceNew Delhi: Luxury furniture brand Stanley Lifestyles...
Food & Beverage
Swiggy launches recruitment support initiative for partner restaurants
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Swiggy has teamed up with staff hiring experts like Apna, WorkIndia, Kaam, and ShiftzNew Delhi: Food and grocery delivery platform Swiggy on Thursday...
Finance and Funding
India’s tech startup funding at $ 4.1 bn in H1 2024; tops H2 2023, trails year-ago levels: Tracxn
PTI -
India still remains the fourth-highest funded country globally in the tech startup landscapeNew Delhi: Indian tech startups raised a total of $4.1 billion...
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India’s gems, jewellery exports dip 13.44% in June to Rs 15,939.77 cr: GJEPC
The total gems and jewellery exports stood at Rs 18,413.88 crore ($2,240.77 million) during June 2023Mumbai: India's overall gems...