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Fortune 500 India
40 Under 40
Most Powerful Women
Budget 2024
India's Richest
The Next 500
Best B-Schools
Opinion
First Edit
Multimedia
Events
Top Stories
Macro
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Telecom sector AGR up 1.8% to ₹67,835 cr in Dec 2023 qtr: Trai
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Shabeeh Azeem
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The YoY growth rate for AGR in the December 2023 quarter compared to the corresponding quarter last year was 7.84%
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Investing
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Tata Group stocks: Tata Consumer, Tata Elxsi, Nelco fall up to 5% post Q4 results
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Chitranjan Kumar
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The sell-off in these Tata Group stocks was triggered after they released their fourth quarter earnings report post-market hours on April 23.
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Enterprise
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Mahindra Bolero Neo scores 1 star in GNCAP crash test
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fortuneindia.com
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Mahindra Bolero Neo showed low protection for adult protection in the frontal crash with an unstable structure, says Global NCAP.
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Macro
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What drives India’s robust services exports? RBI explains
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fortuneindia.com
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RBI, in its latest bulletin for April, says to benefit from digitalisation and GenAI, a supportive policy and FDI measures are critical
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Macro
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India 4th largest military spender in 2023 at $83.6 bn: Sipri
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fortuneindia.com
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The top three spenders were the United States (US), China, and Russia, in that sequence
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Investing
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Tata Consumer’s FY24 profit drops 3%, revenue up 10%; declares dividend of ₹7.75
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Chitranjan Kumar
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The board of the Tata Group company has announced a final dividend of ₹7.75 per equity share of ₹1 each (775%) for FY24.
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Enterprise
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Reliance, JSW, Amara Raja bid for 10 GWh ACC battery PLI scheme
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fortuneindia.com
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Bids received are seven times the manufacturing capacity of 10 GWh to be awarded.
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Macro
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India overtook China as the biggest 3W EV market in 2023: IEA
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By
Manoj Sharma
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IEA Outlook, published today, finds that global electric car sales are set to remain robust in 2024, reaching around 17 mn by 2024-end
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Enterprise
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Macquarie launches $1.5 bn EV financing platform Vertelo in India
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fortuneindia.com
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The platform has received anchor investment from the Green Climate Fund which has committed to invest up to $200 million.
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Macro
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More than half of internet users battle speed issues: LocalCircles
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By
Shabeeh Azeem
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In India, 86% users of fixed line internet connections primarily access the internet at home through fibre, broadband or DSL
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Enterprise
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Capex for EV components to exceed ₹25,000 cr in 3-4 years
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fortuneindia.com
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ICRA says demand for EV batteries in India is expected to reach around 15 gigawatt hours (GWh) by 2025 and 60 GWh by 2030.
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Editor’s Picks
Macro
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Plain gold jewellery exports grow 62% to $6,792 mn in FY24: GJEPC
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By
Shabeeh Azeem
Investing
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M&M Financial down 8% as NBFC defers Q4 results amid ‘fraud’ at Northeast branch
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By
Manoj Sharma
Investing
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TBO Tek, Awfis Space get SEBI’s approval to launch IPOs
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By
Chitranjan Kumar
Investing
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Brokerages bullish on RIL post Q4 earnings
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fortuneindia.com
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Dhruva space raises Series A funding
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Ashutosh Kumar
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Top 10 stocks in Amit Shah's portfolio
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fortuneindia.com
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RIL's pre-tax profits past ₹1 lakh crore; Is demerger on the cards?
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By
Nevin John