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Новости за 18.07.2024

India's fintech industry projected to reach $420 bn by 2029 at CAGR of 31%

Business Standard 

The Indian fintech industry is estimated to be around USD 110 billion in 2024 and its projected to reach about USD 420 billion by 2029, Ajay Kumar Choudhary, Non-Executive Chairman and Independent Director, National Payments Corporation of India, said. The sector, he said, is expected to continue to grow due to factors like favourable policies of the government. The government's push towards a digital economy, coupled with a young and tech-savvy population, is likely to propel the fintech sector to new heights, he added. Читать дальше...

Havells India Q1 results: PAT up 42% at Rs 407.51 cr on robust sales growth

Business Standard 

Havells India Ltd on Thursday reported a 42 per cent jump in consolidated net profit at Rs 407.51 crore in the first quarter ended June 30, 2024 as a scorching summer led to robust sales growth. The company had posted a consolidated net profit of Rs 287.07 crore in the same quarter last fiscal, Havells India said in a regulatory filing. Consolidated revenue from operations in the first quarter stood at Rs 5,806.21 crore, as compared to Rs 4,833.8 crore in the corresponding period a year ago, the company said. Читать дальше...

Aurobindo Pharma board approves share buyback plan worth Rs 750 cr

Business Standard 

Aurobindo Pharma on Thursday said its board has approved a share buyback plan of up to Rs 750 crore. The company's board has approved the buyback of up to 51,36,986 shares representing up to 0.88 per cent of the total paid-up equity share capital, Aurobindo Pharma said in a regulatory filing. The company will buy the shares at Rs 1,460 apiece for an aggregate amount of up to Rs 750 crore, it added. The drug firm said July 30 has been fixed as the record date for the Rs 750-crore share buyback scheme through the tender offer route. Читать дальше...



Mastek Q1 PAT drops 24% QoQ to Rs 71 cr

Business Standard 

The IT company's consolidated net profit tumbled 24.27% to Rs 71.50 crore in Q1 FY25 as against Rs 94.41 crore reported in Q4 FY24.

GeoIQ Unveils Industry first Footfall & Site Analysis for 3000+ cities Bridging the Data Gap in Offline Indian Retail

Business Standard 

Bangalore (Karnataka) [India], July 18: GeoIQ, a leading location AI startup, today announced the launch of an industry-first feature that will give users offline retail footfall counts and visit trends as part of their comprehensive Site Report. What makes this revolutionary for offline retail is the fact that for the first time in India, brands will be able to get reliable footfall numbers at scale across the country to optimize their site selection process and other operational challenges with... Читать дальше...

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Marks and Spencer announce exclusive design collaboration with Sienna Miller

Business Standard 

Mumbai (Maharashtra) [India], July 18: Marks & Spencer is thrilled to announce a design collaboration with British actress and style icon Sienna Miller. The exclusive collection will be available at specially created pop-up stores in Ambience Mall, Gurgaon, and Phoenix High Street, Mumbai, starting July 12th, 2024.

University of Leeds Celebrates 25 Years of Engagement in India with Senior Delegation Visit and Series of Events

Business Standard 

New Delhi [India], July 18: The University of Leeds, a distinguished member of the Russell Group, proudly announces the celebration of its 25-year milestone of having a presence in India. In recognition of this significant achievement and the growing importance of India within the University of Leeds's internationalisation strategy, a senior-level delegation visited India recently.

Bharat Bijlee Ltd leads losers in 'A' group

Business Standard 

Zee Entertainment Enterprises Ltd, UTI Asset Management Company Ltd, Trent Ltd and CG Power & Industrial Solutions Ltd are among the other losers in the BSE's 'A' group today, 18 July 2024.


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