Stay updated with the latest compound-annual-growth-rate news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on compound-annual-growth-rate topics.
Mumbai: US-based Jane Street said the Indian capital market regulator's order accusing the trading firm of manipulative trading in equity derivatives reflects a 'misunderstanding of standard hedging practices and the interrelationships between derivative and underlying markets'. The firm, in an internal communication that ET has accessed, said the Securities and Exchange Board of India's claim that the firm's activity is "prima facie manipulative", disregards the role of liquidity providers and ...Read More >
Kolkata: Smartworks Coworking Spaces Limited, founded by city boy Neetish Sarda and co-founded by Harsh Binani, is likely to have a post-listing valuation of Rs 4,645 crore at the upper price band. The co-working space company, one of the leaders in the sector, is launching its IPO on July 10, with the price band fixed at Rs 387 to Rs 407 per equity share.The only listed competitor of Smartworks in this space is AWFIS, which has a current valuation of about Rs 4,800 crore. Sources said the valua ...Read More >
New Delhi, Jul 8 (PTI) India's hydrogen demand is expected to rise at a compound annual growth rate of 3 per cent to 8.8 million tonne per annum by 2032, a report released by India Energy Storage Alliance (IESA) on Tuesday said. The report unveiled on the first day of India Energy Storage Week here said that despite announcements of green hydrogen projects of over 9 MTPA capacity, few in India have reached the Final Investment Decision (FID) or secured long-term offtake agreements from domestic ...Read More >
New Delhi, Jul 7 (PTI) Smartworks Coworking Spaces Ltd on Monday fixed a price band of Rs 387-407 per share for its Rs 583 crore Initial Public Offering (IPO). The IPO is scheduled to open for public subscription on July 10 and conclude on July 14, and the bidding for anchor investors would open for a day on July 9, the company announced. The company has revised its IPO size downward. The fresh issue has been reduced to Rs 445 crore from the earlier planned Rs 550 crore, while the Offer for Sa ...Read More >
New Delhi [India], July 4 (ANI): New energy, AI infrastructure and funding from existing energy verticals of Reliance Industries Ltd will be key for the Indian conglomerate's next leg of value creation, Morgan Stanley has said in a report. Besides, consumer vertical multiples of Reliance are also supportive for the value creation, multinational investment bank Morgan Stanley said in its July 3 report. Also Read | 'Chakka Jam' in Bihar on July 9: RJD Leader Tejashwi Yadav Announces Mahagathband ...Read More >
New Delhi: After Steller debut Emkay Global has shown confidence in HDB Financial Services, setting a target price of Rs 900 per share and giving a 'Buy' rating. This target shows a possible upside of about 22 percent from the IPO issue price of Rs 740. Strong Market Debut On July 2, HDB Financial Services made an strong debut on the stock market, listing at Rs 835 per share -- a 13 percent premium over its IPO price. This strong start shows robust investor interest and confidence in the compa ...Read More >
Srinagar, Jul 3 (PTI) The annual Amarnath Yatra began on Thursday with the first batches of pilgrims setting off from the twin base camps in Baltal and Nunwan towards the 3880-metre-high cave shrine in the south Kashmir Himalayas, which houses a naturally formed ice-lingam, officials said. The yatra started early morning from the twin tracks -- the traditional 48-km Nunwan-Pahalgam route and the 14-km Baltal route. The batches of pilgrims, including men, women and sadhus, left from the Nunwan ...Read More >
India's balance of payments (BoP) recorded a $13.5 billion current account surplus in the fourth quarter of fiscal year 2025 (Q4FY25), equivalent to 1.3 per cent of GDP. This surplus, driven by robust services exports and remittances, paints a picture of external sector strength. However, it conceals significant vulnerabilities in merchandise trade, capital inflows, and domestic demand. In fiscal year 2025 (FY25), the current account deficit (CAD) moderated to -0.6 per cent of GDP, an unusual o ...Read More >
Kargil , Jul 2: Pursuant to putting in place a comprehensive legal framework to ensure fair, inclusive, and transparent recruitment to public services, the Administration of the Union Territory of Ladakh has initiated a large-scale recruitment drive for 359 Gazetted posts through the Union Public Service Commission (UPSC). This marks the first-ever recruitment of Gazetted posts through UPSC since the formation of the Union Territory, officials said. This follows the establishment of a unique an ...Read More >
Mumbai: Even as mis-selling of insurance plans by banks has drawn scrutiny, the sector regulator doesn't want to manage distribution channels and seeks to focus on customer awareness to check the malpractice. "It's not necessary that every mis-selling is mis-selling, it's also about the customers' understanding of the product," said Swaminathan S Iyer, member (life), Insurance Regulatory and Development Authority of India on the sidelines of an event on Wednesday. "Once you drive home that your ...Read More >
PNN Mumbai (Maharashtra) [India], July 2: Fredun Pharmaceuticals Limited (BSE - FREDUN | 539730), a diversified global healthcare company, Fredun Retail Private Limited (FRPL), has taken a significant step toward expanding its consumer-centric portfolio with the acquisition of a controlling interest in One Pet Stop Private Limited. The transaction was executed through wholly owned subsidiary, Fredun Retail Private Limited (FRPL). This acquisition marks FPL's formal entry into the organized pet ...Read More >
MUMBAI: Lower interest rates and premiumisation will help realtors post healthy double-digit growth in home sales this fiscal and the next, as demand stabilises after three years of post-pandemic recovery. This is expected to lead to overall home sales rising by 10-12% in both fiscals, according to a report. With supply anticipated to continue exceeding demand, inventory levels are expected to inch up during this fiscal and the next. However, strong collections and deleveraged balance sheets of ...Read More >
New Delhi [India], July 1 (ANI): India's gold loan market has increased from USD 33 billion in FY19 to USD 83 billion in FY24, growing at a compound annual growth rate (CAGR) of 20 per cent, according to Praxis Global Alliance report. Gold loans have always been a popular way for Indians to borrow money. With a strong cultural link to gold, many families keep gold as part of their savings. Also Read | WWE RAW Results and Highlights Today, June 30: The Judgment Day Win World Tag Team Belts, Set ...Read More >
New Delhi: India's gold loan market has increased from USD 33 billion in FY19 to USD 83 billion in FY24, growing at a compound annual growth rate (CAGR) of 20 per cent, according to Praxis Global Alliance report. Gold loans have always been a popular way for Indians to borrow money. With a strong cultural link to gold, many families keep gold as part of their savings. Borrowing against gold is quick and easy, making it a preferred option for people from all income groups. The market includes b ...Read More >
New Delhi, Jun 30 (PTI) Eco-friendly paper manufacturer Sillverton Industries has filed draft papers with markets regulator Sebi seeking its approval to raise funds through an initial public offering (IPO). The proposed IPO is a combination of fresh issuance of shares worth Rs 300 crore, and an offer-for-sale of 3.22 crore equity shares by promoters and promoter group entities, according to the draft red herring prospectus (DRHP) filed on Friday. At present, promoters and promoter group entiti ...Read More >
Kolkata, June 28 (UNI) India's electricity demand is expected to reach 4,000 TWh (terawatt-hour) and triple by 2035, according to the latest report from OmniScience Capital. This surge is powered by industrial expansion, urban growth, and the electrification of transport, the report said. Energy transition has become critical for a sustainable future, initiatives and policies such as Net-zero, 500 GW Renewable power target, EV adoption, Rooftop Solar push, and others are driving this transform ...Read More >
BHUBANESWAR: The Odisha government has commenced the process for the development of 11 new MSME parks and upgradation of the existing ones to promote modern multi-sector industrial parks at strategic locations. These parks will be equipped with comprehensive facilities that can be scaled according to operational needs, along with modern amenities. The government is also planning to develop MSME parks in every district. Additional chief secretary of Industries and MSME Hemant Sharma said the sm ...Read More >
Hyderabad, June 27 (UNI) India's electricity demand is expected to reach 4 trillion units (4,000 TWh) by 2035 due to industrial expansion, urban growth, and the electrification of transport, according to the latest report released by OmniScience Capital, a Global Investment Management firm. Energy transition has become critical for a sustainable future, initiatives and policies such as Net-zero, 500 GW Renewable power target, EV adoption, Rooftop Solar push, and others are driving this transfor ...Read More >
Bhopal, June 27 (UNI) In a bizarre incident, 19 vehicles of Madhya Pradesh Chief Minister Dr Mohan Yadav's convoy broke down together after diesel allegedly mixed with water was filled in their tanks at a fuel station in the Ratlam district of the state late Thursday night. Authorities carried out an inspection of the fuel station, and subsequently it was sealed. The stalled vehicles, mostly Toyota Innovas, had to be towed away and a replacement fleet was summoned hurriedly from Indore, to be ...Read More >
New Delhi, Jun 27 (PTI) FSN E-Commerce Ventures, the parent company of Nykaa, has set a break-even target of FY26 for its cash-burning fashion arm on account of marketing efficiencies, overhead leverage, and own-brand growth. Nykaa is also foraying into the quick-commerce arena with "Nykaa Now", which offers delivery times ranging from 30 to 120 minutes across seven major cities. The service is backed by a network of beauty warehouses, physical retail stores and rapid stores across the country. ...Read More >
New Delhi [India], June 27 (ANI): India's electronic manufacturing is expected to grow significantly and reach Rs 27.7 lakh crore by the financial year 2027-28 (FY28), according to a recent report by Antique Stock Broking. This would mean a strong compound annual growth rate (CAGR) of 27 per cent over the next five-year period from FY23 to FY28. Also Read | Surendra Dubey Dies: Noted Hindi Humourist and Satirist Passes Away in Raipur at 72. The report said "The Indian EMS sector is experienci ...Read More >
NEW DELHI: Axiom-4 crew members, including Shubhanshu Shukla, were welcomed with hugs and drinks as they stepped into the International Space Station on Thursday. The newly launched spacecraft -- the fifth in the Dragon series and named Grace -- successfully completed a soft docking with the International Space Station at 4.01pm while orbiting above the North Atlantic Ocean."At 6:31 am EDT (4:01 IST) on Thursday, the SpaceX Dragon spacecraft docked to the International Space Station for the four ...Read More >
New Delhi: A decade-old hard-boiled candy brand has crossed ₹750 crore in annual revenue, making it the best-selling candy brand in India, its parent company said on Thursday. Pulse, a tangy candy, was launched in 2015 by Noida-based Dharampal Satyapal Group (DS Group). Demand for the ₹1 sweet spread like wildfire in the early days as word-of-mouth kicked in. In FY25, 7.5 billion of the candies were sold, bringing in ₹750 crore of revenue, DS Group said. Pulse currently holds a 19% share of In ...Read More >
New Delhi, Dec 15 (VOICE) The US accounted for 18 per cent of India's total exports in the financial year (FY) 24, as the country's exports to the world's largest economy continuously increased, a report said.Bank of Baroda's report said that India's exports to the US are growing steadily. Its value was $77.5 billion in FY24. India's exports to the US have been growing at a compound annual growth rate (CAGR) of 10.3 per cent over the last 30 years. According to the report, the growth rate of ex ...Read More >
New Delhi, Dec 12 (PTI) Gross non-performing assets (NPAs) of public sector banks (PSBs) have declined to a decade low of 3.12 per cent at the end of September 2024 from a peak of 14.98 per cent in March 2018 on the back of measures like the 4Rs -- recognition, recapitalisation, resolution, and reform -- taken by the government, the finance ministry said on Thursday. Since 2015, the government implemented a comprehensive 4Rs strategy of recognising NPAs transparently, resolution and recovery, r ...Read More >
New Delhi, Dec 12 (SocialNews.XYZ) The gross non-performing asset (NPA) ratio of public sector banks (PSBs) declined to 3.12 per cent in September this year, from 4.97 per cent in March 2015 and from a peak of 14.58 per cent in March 2018, the Centre informed on Thursday. The Ministry of Finance said in a statement that public sector banks (PSUs) recorded the highest ever aggregate net profit of Rs 1.41 lakh crore during FY2023-24, against net profit of Rs 1.05 lakh crore in FY2022-23, and reco ...Read More >
NEW DELHI: Vishal Mega Mart, ahead of Initial Public Offer (IPO), has secured Rs 2,400 crore from anchor investors, as revealed in an exchange update. The anchor round allocation included prominent investors such as SBI Mutual Fund, Government of Singapore, Nomura Funds Ireland Public Ltd, Axis MF, HDFC MF and ICICI Prudential MF, as per BSE's website. The anchor portion saw participation from 18 domestic mutual funds through 44 schemes, comprising 53.33 per cent of the total. The company allo ...Read More >
New Delhi: Supermarket chain Vishal Mega Mart has mobilised Rs 2,400 crore from anchor investors, an update with the exchange showed. Those who were allotted shares in the anchor round included SBI Mutual Fund, Government of Singapore, Nomura Funds Ireland Public Ltd, Axis Mutual Fund (MF), HDFC MF and ICICI Prudential MF, according to a circular uploaded on BSE's website. Overall, a total of 18 domestic mutual funds participated through 44 schemes, collectively accounting for 53.33 per cent o ...Read More >
NEW DELHI: The number of High Net-Worth Individuals (HNIs) and Ultra High Net-Worth Individuals (UHNIs) in India is growing at an impressive compounded annual growth rate (CAGR) of 12 per cent, according to a report by Motilal Oswal. The report attributed this growth to India's robust economic expansion and buoyant equity markets, which are also helping their wealth grow at an even faster pace. It said "With robust economic growth, the number of HNIs and UHNIs has been growing in India (at 12 ...Read More >
New Delhi: PwC India's report, titled Global Entertainment and Media Outlook 2024-28: India Perspective, brings promising insights into the country's showbiz industry. The report reveals that Indian entertainment and media industry is projected to surpass the global growth rate of 4.6 per cent by achieving a compound annual growth rate (CAGR) of 8.3 per cent. It is on its way to reaching a market size of Rs 365,000 crore (USD 44.2 billion) by 2028. So, where does India rank globally? The United ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.