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By Vrinda Chaturvedi , 27 May 2025
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Flipkart Charts New Growth Frontier with AI Investment, Local Domicile, and IPO Readiness

Flipkart, one of India’s foremost e-commerce players, is preparing for a pivotal transformation as it intensifies its focus on profitability, innovation, and localization. CEO Kalyan Krishnamurthy, addressing employees at a recent town hall, outlined plans to redomicile the company in India, citing alignment with regulatory frameworks and national priorities. He also emphasized a sixfold increase in AI investment, rapid growth in customer engagement, and a robust IPO trajectory.

Tags

  • AI
  • E-Commerce
  • IPO Watch
By Amrita Bhatia , 27 May 2025
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Audi India Signs Olympic Champion Neeraj Chopra as Brand Ambassador to Reflect Shared Pursuit of Excellence

Luxury automobile manufacturer Audi India has announced its partnership with Neeraj Chopra, India’s celebrated Olympic javelin thrower and global sports icon. This strategic collaboration reflects the alignment of core values between the elite athlete and the German automotive marque—precision, speed, excellence, and an unwavering drive for performance. As part of the partnership, Chopra will serve as a brand ambassador, amplifying Audi’s vision in the Indian market through a shared narrative of success, innovation, and leadership.

Tags

  • Automobiles
  • Sports
By Shilpa Reddy , 27 May 2025
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India’s Cement Sector Set for Major Expansion as Industry Consolidates Amid Surging Demand

India’s cement industry is on the brink of a transformative phase, driven by a sharp rise in infrastructure development and housing demand. According to Moody’s Ratings, the sector is witnessing rapid consolidation, with large players acquiring smaller firms to boost capacity and improve efficiency. The top 10 producers have acquired 140 million metric tonnes per annum (MMTPA) in the last five years, worth approximately Rs. 890 billion.

Tags

  • Cement Sector
By Anant Kumar , 27 May 2025
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CJ Logistics Increases Stake in CJ Darcl to 56%, Bolstering India Growth Strategy with Rs. 272 Crore Infusion

CJ Logistics Corporation, a South Korean global logistics leader, has increased its stake in its Indian subsidiary CJ Darcl Logistics from 50% to 56% through a strategic investment of USD 32 million (approximately Rs. 272 crore). The move is part of a broader effort to fortify the company’s financial base and accelerate its expansion across India’s rapidly evolving logistics landscape.

Tags

  • Logistics
  • Business
By Keshav Kulshrestha , 27 May 2025
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Gillette India Posts 60% Surge in Q4 Profit, Declares Rs. 47 Interim Dividend

Gillette India Ltd reported a robust financial performance for the fourth quarter of the fiscal year, marking a 60.13% year-on-year increase in net profit to Rs. 158.68 crore. Revenue from operations also climbed by 12.74% to Rs. 767.47 crore, driven by strong demand in both its grooming and oral care segments. Despite a moderate rise in total expenses, the company delivered significant earnings growth. In a strategic move to reward shareholders, the board declared an interim dividend of Rs. 47 per equity share for FY2024-25.

Tags

  • Dividend
  • Company Results
  • Business
By Agamveer Singh , 27 May 2025
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Empowering the Middle: Niti Aayog Charts Growth Blueprint for India’s Medium Enterprises

Niti Aayog has unveiled a strategic policy roadmap aimed at unleashing the potential of medium enterprises, a largely overlooked segment with outsized contributions to India’s economic engine. The report, Designing a Policy for Medium Enterprises, proposes a suite of reforms, including targeted credit access, tech-driven upgrades, R&D support, and a centralized digital ecosystem. With only 0.3% of MSMEs classified as medium but accounting for 40% of MSME exports, this segment stands as a hidden powerhouse.

Tags

  • Economy
  • Trending
By Agamveer Singh , 27 May 2025
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India Gears Up for Assembly Bypolls in Four States Amid Tightened Election Protocols

The Election Commission of India (ECI) has announced the schedule for upcoming by-elections to fill vacant legislative assembly seats in Gujarat, Kerala, Punjab, and West Bengal. Scheduled for June 19, with results to be declared on June 23, the elections follow vacancies caused by resignations and deaths of sitting legislators. Alongside the poll announcement, the Commission introduced revised guidelines to streamline polling-day procedures and enhance security, including new rules for canvassing and the restricted use of mobile phones near polling stations.

Tags

  • Elections
  • Trending
By Manbir Sandhu , 27 May 2025
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Auxilo Finserve Launches Interest-Free Education Financing to Tap India’s Rs. 4.3 Lakh Crore Private Learning Market

Auxilo Finserve, a prominent non-banking financial company (NBFC) specializing in education financing, has introduced an interest-free tuition and school fee funding solution named IndiaEd. Aimed at easing the financial strain on both students and educational institutions, this initiative targets India’s burgeoning private education sector, estimated at USD 52 billion (approximately Rs. 4.3 lakh crore) and expanding at a compound annual growth rate (CAGR) of 12%. With a loan range between Rs. 20,000 and Rs.

Tags

  • Education
  • NBFC
By Kunal Shrivastav , 27 May 2025
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DLF Commits Rs. 10,000 Crore to Premium Commercial Developments, Eyes Substantial Rental Income Growth

DLF, India’s leading real estate conglomerate, is poised to invest Rs. 10,000 crore over the current and next fiscal years to bolster its portfolio of premium office spaces and shopping malls. With an expansive commercial asset base of 45 million square feet and annual rental income exceeding Rs. 5,000 crore, the company aims to capitalize on rising demand in key urban hubs such as Gurugram, Chennai, Delhi, and Noida.

Tags

  • Real Estate
  • Business
By Amrita Bhatia , 27 May 2025
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Salman Khan’s ‘Sikandar’ Debuts on Netflix Amid Viral Buzz Over Promotional Performance

Salman Khan’s action drama Sikandar has made its digital debut on Netflix, but it's not the film itself that’s stealing the spotlight—it’s the promotional campaign. A newly released announcement video featuring Khan has gone viral, with fans lauding his performance in the clip as superior to his work in the film.

Tags

  • Entertainment
  • Bollywood
  • Indian Celebrities
  • OTT

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