India’s data centre operational capacity is projected to more than double to 2,000-2,100 MW by FY27 from 950 MW in FY24, involving an investment in the range of Rs 50,000-Rs 55,000 crore, a report said on Tuesday. The data centre capacity in India is dominated by a few players like NTT Global Data Centers, STT … Read more
A panel discussion of the country's leading businesswomen at the NDTV World Summit 2024 on Tuesday, highlighted the vital role of women workforce in fostering a better future, creating a new paradigm of leadership and also breaking new benchmarks on the global stage. The panel included leading Indian businesswomen such as Kami Swaminath, President … Read more
India’s growth story remains intact as its fundamental drivers – consumption and investment demand – are gaining momentum, the RBI Governor Shaktikanta Das has stressed, adding that the country is likely to see real GDP growth at 7.2 per cent for FY 2024-25. Prospects of private consumption, the mainstay of aggregate demand, look bright on … Read more
Bajaj Housing Finance is currently trading at Rs. 137.70, up by 1.15 points or 0.84% from its previous closing of Rs. 136.55 on the BSE. The scrip opened at Rs. 140.70 and has touched a high and low of Rs. 142.30 and Rs. 136.60 respectively. So far 1568751 shares were traded on the counter. The … Read more
Finance Minister Nirmala Sitharaman has said that India is poised to continue its sustained growth trajectory and enhance its contribution to global growth significantly. She also noted that at the current rate, India is likely to be the world's third-largest economy by 2027. While addressing the Roundtable on 'Investment Opportunities in India' at the New … Read more
Indian rupee strengthened slightly against the US dollar on Tuesday tracking a retreating American currency, weakness in the crude oil prices, and likely intervention by the Reserve Bank of India (RBI). However, unabated outflow of foreign funds and persisting Middle East tensions have limited further gains in rupee sentiments. Foreign institutional investors were net sellers in … Read more
As the enterprises strive to embed the environmental, social, and governance (ESG) framework into their core business model, industry experts on Tuesday said they are trying to make transportation in India more sustainable by lowering the consumption of petroleum and diesel. India has been seeing record petrol and diesel consumption in vehicle sales, while electric … Read more
The enterprise information and Communication Technology (ICT) market in India is set to increase at a sound compound annual growth rate (CAGR) of 17.1 per cent, increasing from $161.3 billion in 2023 to $354.6 billion in 2028, a report showed on Tuesday. The revenue opportunity is driven by the ongoing digital transformation initiatives taken up … Read more
Ratings agency ICRA has said that Indian apparel exporters are expected to register a 9-11 per cent revenue expansion in current fiscal (FY25) aided primarily by gradual liquidation of retail inventory in key end markets and a shift in global sourcing to India. With the revival in demand, it expects the capex spending to increase … Read more
EPACK Durable is currently trading at its upper circuit limit of Rs. 407.60, up by 19.40 points or 5.00% from its previous closing of Rs. 388.20 on the BSE. The scrip opened at Rs. 407.60 and has touched a high and low of Rs. 407.60 and Rs. 407.60 respectively. So far 1037 shares were traded … Read more