Indian Businesses

Indo-Pacific economic framework for prosperity to deepen development: India
IANS -
On the sidelines of the negotiating round (which were held between March 13 and March 19), India's chief negotiator and other representatives also held bilateral meetings with IPEF countries and other stakeholders concerned. During the Bali Round, discussions were held on all the four pillars of the IPEF namely trade, supply chains.
India's neckband market declines 9% in 2022, boAt leads
IANS -
Homegrown boAt led the market with a 27 per cent share, while OnePlus and realme took the second and third spots, respectively. Indian consumers now prefer Truly Wireless Stereo (TWS) devices over neckbands, especially due to their sleek design, features and affordable prices. However, the demand for neckbands is still strong in the.
Power consumption in April-Feb of 2022-23 crosses last fiscal's usage limit
IANS -
According to power ministry data, power consumption rose by 10 per cent to 1,375.57 billion units (BU) during April-February period of 2022-23. Power consumption in April-February period of 2021-22 was 1,245.54 BU In 2021-22, total power consumption was 1,374.02 BU, which is much lesser than 1,375.57 BU of April-February.
Ratan Tata appointed to 'Order of Australia' for bolstering bilateral ties
IANS -
As of 2022, Ratan Tata, the Chairman Emeritus of Tata Sons and former Chairman of Tata Group, has a net worth of Rs 3800 crore. In recognition of his support for the Australia-India relationship, he is worthy of formal national recognition with an appointment as an Honorary Officer in the General Division of the Order of Australia for.
77% of Indian businesses expect to increase their travel budget in 2023: American Express Survey Report
IANS -
The report further indicates that 79 per cent of Indian businesses surveyed use business travel data analytics to assist with travel booking and expenditure, showing how important technology has become for the travel sector. As with the broader technology sector, the travel technology sector is constantly innovating. In the post-pandemic period, 43 per cent of financial decision makers surveyed said that the use of better software to manage expenses and travel is a key innovation.
India's GDP to grow at 6% in FY24: CRISIL
IANS -
"A complex interplay of geo-political events, stubbornly high inflation, and sharp rate hikes to counter that, have turned the global environment gloomier," CRISIL said. On the domestic front, the peak impact of the rate hikes -- 250 basis points since May 2022, which has pushed interest rates above pre-Covid-19 levels -- will play out.
India's GDP growth at 7% in FY23: Acuite Ratings
IANS -
In a report, Acuite said it is maintaining India's GDP growth at 7 per cent for FY23 and 6 per cent for FY4. The credit rating agency said India's industrial activity rose to 5.2 per cent year-on-year (YoY) in January 23 from 4.7 per cent in December 22, marginally beating market consensus. Sequential momentum in the index of.
36% of senior positions in India's mid-market held by women: Report
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With 36 per cent of women in leadership roles, India is ahead of the BRICS (34 per cent) and G7 (30 per cent) averages. Sadly, 5 per cent of mid-market businesses in India still don't have any women in senior leadership roles," according to Grant Thornton's International Business Report. Globally, 32 per cent of senior management positions are now held by women.
Three women pilot global aircraft engine maker Pratt & Whitney in India
IANS -
The two are Dr. Dheepa Srinivasan, Chief Engineer, Pratt & Whitney R&D Centre and Rema Ravindran, General Manager - India Engineering Centre, Pratt & Whitney. Srinivasan is one of the convenors of the programme "Celebration of Women in Science, Technology, Engineering, Mathematics, Medicine, Education, Entrepreneurship" to be held at the IISc and Ravindran is one of the Speakers.
Cooking gas price hiked by Rs 50/cylinder, commercial gas up by Rs 350
IANS -
With this hike, the retail price of cooking gas in Delhi will now be Rs 1,103 per cylinder, while the price for a commercial cylinder will be Rs 2,119.50. Domestic gas prices were last revised in July 2022. A domestic gas cylinder weighs 14.2 kg while a commercial gas cylinder weighs 19 kg. Every household is entitled to 12 cylinders of 14.2 kg each at subsidised rates in a year.
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