Tag: INDIA
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Luxury Brands Anticipate Positive Winter and Wedding Shopping Season
Luxury companies are recovering from a sluggish summer by focusing on winter and wedding shopping. Brands like Aquazzura and Brunello Cucinelli are seeing increased sales due to a rise in consumer interest for high-end products. The forecast for 2025 suggests positive growth driven by higher disposable incomes and a trend towards exclusive shopping experiences. On…
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Getinge Expands Commitment to India’s Healthcare Market
Swedish firm Getinge is targeting a market share increase in India’s healthcare sector, particularly in premium ventilators, with plans to grow from 30% to 45% over the next five years. With installations across 2,000 hospitals and a focus on introducing innovative products, Getinge aims to cater to hospitals of varying sizes while investing in life…
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The Rising Importance of Diversity and Inclusion in Indian M&A Transactions
Diversity and inclusion (D&I) have taken center stage in Indian mergers and acquisitions (M&A), particularly in cross-border transactions. As global standards evolve, investors increasingly require comprehensive D&I policies. The absence of specific legal mandates does not diminish the growing emphasis on D&I, which experts believe is essential for organizational success and attracting investment. This trend…
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The Murugappa Group: A Prominent Investment Opportunity in South India
The Murugappa Group, often regarded as the ‘Tatas of the South,’ has a rich history of over a century, demonstrating robust governance and exceptional financial performance. The group operates in diverse sectors, maintains a substantial market capitalization, and exhibits a strong record of acquiring and turning around companies. Its commitment to philanthropy parallels that of…
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EPAM Systems Surges Ahead of Indian IT Rivals Through Strategic Workforce Growth
EPAM Systems has become larger than some Indian IT companies by doubling its workforce in India, achieving $1.17 billion in revenue for the September quarter. The company overcame challenges posed by the Russia-Ukraine conflict and reported a growth rate of 0.48%. In contrast, Tech Mahindra and LTIMindtree face challenges affecting their growth, despite EPAM’s notable…
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India Must Focus on Revenue-Driven Tech Companies, Says Zoho CEO Sridhar Vembu
Sridhar Vembu, CEO of Zoho, advocates for the establishment of technology companies in India with a focus on achieving $100 billion in revenue, rather than emphasizing valuation. In his recent comments, he highlights the need for visionary leaders dedicated to long-term success, warning against the distractions posed by stock market valuations. Sridhar Vembu, the CEO…
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Chegg Faces Market Turmoil as ChatGPT Transforms Online Education
Chegg is experiencing severe market challenges following the rise of ChatGPT, losing over 500,000 subscribers and seeing stock values plummet by 99%. The company’s attempts to adapt by implementing AI solutions and new services have yet to restore customer confidence. Their focus has shifted towards providing holistic educational support amidst growing competition in online learning…
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NPCI’s Bharat Connect and Aavishkaar Capital’s New Ventures in Business
Companies News today reports on NPCI’s launch of the Bharat Connect platform aimed at improving B2B payments for MSMEs in India and Aavishkaar Capital’s initiative to raise ₹1,500 crore for its largest fund yet, emphasizing the emerging opportunities in the business sector. On November 8, 2024, Companies News highlighted the recent endeavors of the National…
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Aavishkaar Capital: Large-Scale Investment in Rural Startups for Economic Growth
Aavishkaar Capital plans to launch its largest fund ever, amounting to ₹1,500 crore, to invest in startups that create jobs in tier 2 and 3 cities. The firm emphasizes a dual approach of achieving social impact while ensuring commercial gains, with a focus on sustainable development in rural areas. Aavishkaar’s strategy includes capitalizing on rural…
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Investment Opportunities in Capex and Consumption-Oriented Sectors: Insights from Devang Mehta
Devang Mehta, Director at Spark Private Wealth, argues that investment opportunities lie in capex and consumption-oriented companies, despite recent stock corrections. He highlights Maruti as a potential buy and discusses the dynamic IPO market and challenges within the automotive sector, urging careful selection in investments. Devang Mehta, Director of Equity Advisory at Spark Private Wealth,…