Indian Businesses

Deadline reported that the guest list for the White House State Dinner for Indian Prime Minister Narendra Modi includes a number of entertainment and media figures, including Netflix's Bela Bajaria, Universal's Donna Langley, director M. Night Shyamalan, Wasserman Media Group's Casey Wasserman and James Murdoch.

In FY23, around 15 million products were made in India by the company. The company said that this milestone has been achieved on the back of its sustained presence in the audio category, establishing a leadership position in the hyper-growth wearables category.

The Chennai-headquartered firm announced investments across its entire portfolio to accelerate upmarket momentum, following an impressive three-year period. Notably, the mid-market and enterprise segment now accounts for more than 50 per cent of Zoho's ARR in India.

In a regulatory filing, the company said it had closed FY23 with a net profit of Rs 115.10 crore (compared to previous year's Rs 27.08 crore) on a total income of Rs 1,592.29 crore (against last year's Rs 1,209.18 crore). According to Greaves Cotton, it hopes to conclude definitive agreements with Runal Developers LLP for the sale of its land and building at Pune for Rs 284 crore.

The privacy-centered browser Ulaa (means journey or voyage in Tamil) is equipped with features that allow for privacy customisation, built-in user profile modes, and integrated productivity tools while keeping user data safe and private. Users can also sync browsing sessions between devices - either an entire browser window or a singular tab - allowing them to use multiple devices for the same browsing session seamlessly, the company said in a statement.

For the fourth quarter of FY23, the pure-play engineering services company recorded Rs 2,096 crore, a growth of 19 per cent YoY, with a net profit of more than Rs 309 crore, a 18 per cent growth. During the quarter, LTTS won a $40 million deal and three $10 million plus total contract value (TCV) deals.

The country's share of PE-VC investments in Asia-Pacific grew from 15 per cent to 20 per cent from 2021 to 2022, as China tailwinds and India's macro robustness made it a bright spot for investing, amidst decelerating capital flow in the region, according to Bain & Company's "India Private Equity Report 2023" in collaboration with Indian Venture and Alternate Capital Association (IVCA).

But on Wednesday, the 99-year-old doyen Keshub Mahindra (Born on October 9, 1923), Chairman Emeritus of the $19 billion revenue M&M group attained the lotus feat of the God. In another six months, he would have become a centenarian. It was during his nearly 50-year reign, that the M&M group forayed into other business ventures like information technology, financial services, hospitality and others.

Commerce Minister Piyush Goyal unveiled the policy in the presence of industry representatives and top officials of the ministry. I am confident that India's trade will touch $2 trillion exports by 2030," Goyal said after unveiling the policy. The new foreign trade policy will encourage trade in Indian rupee.Commerce secretary Sunil Barthwal said.

Fitch Ratings expects India's corporate capex to grow by 10-12% annually over FY23 to FY24, owing to the country's supply-side policy steps, domestic corporates focusing on localisation, and multinationals looking to reduce risk in global supply chains. Structural demand visibility, supply-side measures, and healthier corporate.