Kolaba, August 15, 2023 - India's public sector banks (PSBs) have shown a promising recovery in the first half of FY 2024-25, with their aggregate business exhibits an 11% year-on-year growth. This positive trend follows the implementation of crucial reforms by the government, including the Enhance Access and Service Excellence

New Delhi, October 10 - In a welcome move for policy makers and stakeholders, 63 indebted companies have been given a new lease of life in the September quarter under the Insolvency and Bankruptcy Code (IBC), marking nearly half the number of distressed businesses to be saved so far this

A 36-year-old Florida woman, Emily Odio-Sutton, has transformed her side hustle into a thriving business, earning an impressive Rs 45 lakh (approximately $63,000) every month through print-on-demand services. Her journey began in December 2022 as she balanced remote work, family responsibilities, and sought better work-life balance. Initially, Emily's generic

Mumbai, March 10, 2023 - Indian cricket legend MS Dhoni has made a significant investment in KhataBook, a Bengaluru-based startup that provides financial management solutions to small entrepreneurs and shopkeepers. The company's valuation has soared to Rs 4,500 crore, making it one of the most notable investments by a

New Delhi: A recent study conducted by Grameen Foundation for Social Impact has revealed alarming statistics about the challenges faced by women business correspondents (BCs) while working in remote areas of India. The joint report on Gender Gap in the Business Correspondent Industry highlighted that nearly 60 per cent of

India, Mumbai: Dilip Shanghvi, the founder of Sun Pharmaceuticals, has achieved an impressive feat. Born with just two employees and starting with an initial investment of ₹2,000, he has transformed his company into a global pharmaceutical giant worth billions of dollars. His journey highlights the importance of resilience, adaptability,

Meta Platforms is set to begin offering European users of Instagram and Facebook the option of receiving "less personalized ads" without a fee, in a move that may hit the company's revenue in one of its largest markets. The new ad format, dubbed "contextual ads," will show users what Meta

The finance ministry has announced that public sector banks (PSBs) have shown robust performance in the first half of the current fiscal year, registering a 26 per cent growth in net profit and an 11 per cent year-on-year (YoY) growth in aggregate business. According to the government, the aggregate business

The Ministry of Finance has stated that public sector banks (PSBs) have shown a commendable performance in the first half of FY 2024-25, with their aggregate business exhibiting an 11% year-on-year (YoY) growth. Following significant reforms launched by the government, PSBs have emerged stronger, according to officials. The implementation of

Dublin, Nov. 12, 2024 - According to a report by ResearchAndMarkets.com, the India air conditioners market is expected to reach USD 8.07 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.90%. The Indian air conditioner market, which was valued at USD 5.41

In a move that could transform the financing landscape for micro, small, and medium enterprises (MSMEs) in India, Finance Minister Nirmala Sitharaman announced plans to introduce a collateral-free term loan scheme. The scheme aims to strengthen the manufacturing capabilities of MSMEs by making essential funds more accessible without requiring asset

In a rags-to-riches tale that highlights the importance of resilience, adaptability, and innovation, Dilip Shanghvi, the founder of Sun Pharmaceuticals, has transformed his humble starting point into a global pharmaceutical giant. Dilip Shanghvi's journey began with just Rs 2,000, which he borrowed from his father to set up his

The finance ministry announced on Tuesday that public sector banks (PSBs) have demonstrated robust performance in the first half of the current fiscal year, with a 26 per cent growth in net profit and an increase in business. According to data released by the ministry, the aggregate business of 12

New Delhi: In a grand celebration, Business Today marked its 21st edition of the Most Powerful Women in Business list at an event held on November 8 in Mumbai. This year's honor rolls recognized 60 trailblazing women leaders from diverse sectors across India. Key among them were notable new additions,

In a bid to address growing concerns over climate change mitigation and resilience, Buro Happold's Duncan Price highlights the benefits of decarbonization in providing real returns on investment for businesses. With more than 450 firms committing $130 trillion to achieving net zero globally, the issue is becoming increasingly urgent. According

Mumbai: Dot Media, a leading network agency for creators, has appointed renowned industry expert Danny Advani as its new head of business strategy and planning. Advani will spearhead the establishment of a comprehensive Content Division at Dot Media, overseeing key areas such as talent management, IP development, channel monetisation, and

DUBLIN, NOV 12, 2024 - The India air conditioners market is projected to reach USD 8.07 billion by 2030, growing at a compound annual growth rate (CAGR) of 6.90%, according to ResearchAndMarkets.com's latest report. The market is driven primarily by the expansion of the residential sector, which

Mumbai's Tata Group-owned Air India Express plans to axe its business class seats, opting for a narrow-body fleet with only economy seating, as the airline aims to focus on regional short-haul international flights. Airline officials have revealed that from April next year, they will reconfigure planes with business-class seats into

Mumbai, November 12 (ANI): Godrej Industries has acquiring the food additives and emulsifier business of Savannah Surfactants Limited for a whopping Rs 76 crore. In a recent regulatory filing, Godrej Industries announced that it has signed a 'Business Transfer Agreement' with Savannah Surfactants Limited to acquire their food additive and

Bengaluru-based prop-tech startup NoBroker has identified a promising new sector for growth - its home loans and insurance vertical - as more young consumers increasingly look to invest in houses. According to the company's co-founder and Chief Business Officer Saurabh Garg, the home loans division is on track to become

Mumbai, India - Air India Express, the airline operated by the Tata Group, is set to undergo a significant transformation in its aircraft configuration starting April 2025. The airline has announced that it will be focusing solely on economy class seating on all its planes, marking a major shift away

Mumbai: Dot Media, a leading creator network agency, has announced the appointment of Danny Advani as its new Head - Business Strategy and Planning. In this role, Advani will be responsible for spearheading the establishment of the Content Division at the agency. Advani brings over 12 years of experience in

Kolkata: In an effort to capitalize on the growing demand for digital platforms during the festive season, News Broadcast Trust (NBT) has launched a new campaign, "Journalism of Progress - Partner in Growth". This campaign offers advertisers the opportunity to connect directly with millions of readers who are highly engaged

The US-based edtech company Chegg is struggling to stay afloat amid a sharp decline in its stock price and subscribers, largely due to the rise of OpenAI's AI-powered chatbot ChatGPT. The company's estimated $14.5 billion valuation has plummeted by 99 per cent from its 2021 peaks. Once a go-to

Bengaluru-based prop-tech startup NoBroker, backed by Tiger Global, is capitalizing on the growing demand for home loans and insurance services as younger buyers increasingly seek to invest in houses. According to Saurabh Garg, co-founder and chief business officer at NoBroker, the company's financial services division accounts for around a fourth