India Growth

Oyo expects its revenue in FY23 to grow by 19 percent to over Rs 5,700 crore, Founder and CEO Ritesh Agarwal said to employees at a town hall on Monday. The company's sustained growth in India, Indonesia, the US and the UK and optimisation and synergies in its European business led to better financials Agarwal is said to have told employees of the ...

People's perception of Uttar Pradesh as a "mafia and gunda raj" has changed in the six-year rule of the BJP and the state is registering growth in all sectors under the double-engine government, Chief Minister Yogi Adityanath said on Saturday.

Paytm on Friday announced the launch of its fully indigenously developed new technology platform. The company said the revamped platform is expected to further power its fast, secure and seamless payments, while promoting sustainable growth of digital payments and financial services in the country.

Apple supplier Pegatron is said to be in talks open a second India factory as the company's partners continue to diversify production away from China amid the coronavirus pandemic. Pegatron plans to add a second factory near Chennai, just six months after opening the first facility in Tamil Nadu.

Accenture has announced it plans to cut about 2.5 percent of workforce, or 19,000 jobs, as the lowers its profit and revenue forecast for the year. The firm said more than 50 percent of the job cuts would affect staff at its non-billable corporate functions.

Adani Airports chief Arun Bansal on Wednesday said the cost of operating airports has to come down by 30-50 per cent in the coming years as he highlighted the growth potential of the Indian aviation market.

Unlike the global economy, India would not slow down and maintain the pace of expansion achieved in 2022-23, an RBI article said on Tuesday.

Coal India Chairman today said that amid a slowdown in growth in the mining sector, there is a "strong case" to revise coal prices and a hike in prices could take place "very soon".

Italian automaker Automobili Lamborghini sees an opportunity to enhance growth in the Indian market through its hybridisation programme and move towards full electric mobility, according to company Chairman and CEO Stephan Winkelmann.

IndiGo is embarking on the next level of growth and cost leadership is crucial for the airline, its CEO Pieter Elbers said on Monday.

Civil Aviation Minister Jyotiraditya Scindia on Monday said it is time for India to look at manufacturing of aerospace products as he highlighted the growth potential of the country's aviation sector.

Auto ancillary stocks are a perfect proxy play on the revival of the automobile sector.

Some "incubators and distributors" of anti-India forces are orchestrating "pernicious narratives" to trim the country's growth trajectory and taint its functional democracy, Vice President Jagdeep Dhankhar said on Sunday.

Hero Electric on Wednesday said it is set to produce over 10 lakh vehicles annually in the next two to three years from its manufacturing units in India. The company, which launched new versions of its three electric scooter models priced between Rs 85,000 and Rs 1.3 lakh, plans to set up a greenfield plant at Rajasthan with an annual production ca...

Comptroller and Auditor General Girish Chandra Murmu on Monday stressed on responsible use of artificial intelligence, saying while this emerging technology has the potential to contribute $15.7 trillion (roughly Rs. 12,91,30,459 crore) to the global economy by 2030, it also raises concerns related to privacy and fairness.

Oyo expects its revenue in FY23 to grow by 19 percent to over Rs 5,700 crore, Founder and CEO Ritesh Agarwal said to employees at a town hall on Monday. The company's sustained growth in India, Indonesia, the US and the UK and optimisation and synergies in its European business led to better financials Agarwal is said to have told employees of the ...

People's perception of Uttar Pradesh as a "mafia and gunda raj" has changed in the six-year rule of the BJP and the state is registering growth in all sectors under the double-engine government, Chief Minister Yogi Adityanath said on Saturday.

Paytm on Friday announced the launch of its fully indigenously developed new technology platform. The company said the revamped platform is expected to further power its fast, secure and seamless payments, while promoting sustainable growth of digital payments and financial services in the country.

Apple supplier Pegatron is said to be in talks open a second India factory as the company's partners continue to diversify production away from China amid the coronavirus pandemic. Pegatron plans to add a second factory near Chennai, just six months after opening the first facility in Tamil Nadu.

Accenture has announced it plans to cut about 2.5 percent of workforce, or 19,000 jobs, as the lowers its profit and revenue forecast for the year. The firm said more than 50 percent of the job cuts would affect staff at its non-billable corporate functions.

Adani Airports chief Arun Bansal on Wednesday said the cost of operating airports has to come down by 30-50 per cent in the coming years as he highlighted the growth potential of the Indian aviation market.

Unlike the global economy, India would not slow down and maintain the pace of expansion achieved in 2022-23, an RBI article said on Tuesday.

Coal India Chairman today said that amid a slowdown in growth in the mining sector, there is a "strong case" to revise coal prices and a hike in prices could take place "very soon".

Italian automaker Automobili Lamborghini sees an opportunity to enhance growth in the Indian market through its hybridisation programme and move towards full electric mobility, according to company Chairman and CEO Stephan Winkelmann.

IndiGo is embarking on the next level of growth and cost leadership is crucial for the airline, its CEO Pieter Elbers said on Monday.

Civil Aviation Minister Jyotiraditya Scindia on Monday said it is time for India to look at manufacturing of aerospace products as he highlighted the growth potential of the country's aviation sector.

Auto ancillary stocks are a perfect proxy play on the revival of the automobile sector.

Some "incubators and distributors" of anti-India forces are orchestrating "pernicious narratives" to trim the country's growth trajectory and taint its functional democracy, Vice President Jagdeep Dhankhar said on Sunday.

Hero Electric on Wednesday said it is set to produce over 10 lakh vehicles annually in the next two to three years from its manufacturing units in India. The company, which launched new versions of its three electric scooter models priced between Rs 85,000 and Rs 1.3 lakh, plans to set up a greenfield plant at Rajasthan with an annual production ca...

Comptroller and Auditor General Girish Chandra Murmu on Monday stressed on responsible use of artificial intelligence, saying while this emerging technology has the potential to contribute $15.7 trillion (roughly Rs. 12,91,30,459 crore) to the global economy by 2030, it also raises concerns related to privacy and fairness.