New Delhi, August 2, 2024: India’s digital revolution will likely lead to 1 billion UPI transactions in the next few years. Currently, India is emerging as a world leader in digital payments by accounting for 46% of all digital payments in the world. Leveraging digital payments is an unmissable strategy for businesses in India’s growing […] The post Technology is key to combating fraud and…
BlackSoil invests over INR 220 Crores across 10 companies in Q1FY25
August 2, 2024: BlackSoil, a leading alternative credit platform, disbursed more than INR 220 Crores ($28 million) in Q1FY25. The Company invested in 7 new businesses, bringing its total transactions to 10, and successfully exited from 5 companies during this period. BlackSoil’s Assets Under Management (AUM) demonstrated impressive growth, surging by 40% year-on-year. Key highlights: […] The post BlackSoil invests over INR 220 Crores across…
Indegene reports robust profit growth for Q1FY25
New Delhi, India, 02 August 2024: Indegene Limited, a leading digital-first commercialization services company, announced financial results for the quarter ended June 30, 2024. Achieved revenue of INR 6,765 million in Q1FY25 with growth of 11.4% vs Q1FY24 Robust EBITDA growth of 14.5% in Q1FY25 vs Q1FY24 Became a zero-debt company SI. No. Particulars Quarter ended June 30, 2024 Mar 31, 2024 June 30, 2023 1. Revenue from operations 6,765 6,730 6,075 2. Revenue from…
Chowman’s Oriental Seafood Festival is now Live
Bangalore, Kolkata,2nd August 2024: Leading chain of Chinese restaurants, Chowman is all set to make a comeback with its 13th edition of ‘Oriental Seafood Festival – 2024’ from 18th July onwards. Live in all Chowman outlets of Kolkata, Bangalore, Delhi & Hyderabad; this festival promises to be a culinary extravaganza bringing together the finest seafood dishes and the best of Oriental flavors! “Our Seafood Festival…
Inspire Clean Energy Wins Mercom India’s Second Startup Pitch Competition
August 2, 2024 – Mercom India named Inspire Clean Energy, a Mumbai-based solar asset, operations, and maintenance management company, the winner of its coveted startup pitch competition at the 2024 Mercom India Renewables Summit held on July 25-26. Inspire Clean earned the distinction with its anti-theft lock system, designed to eliminate copper cable theft in […] The post Inspire Clean Energy Wins Mercom India’s Second…
360 ONE and Women Leadership Circle Join Forces to Redefine Women’s Corporate Roles
Mumbai – 2nd August 2024: Women Leadership Circle (WLC) and 360 ONE are pleased to announce a significant collaboration aimed at empowering women in corporate India and redefining the narrative of women in leadership and entrepreneurial roles. 360 ONE is a leading wealth and alternatives-focused asset management group based in India with over US$ 56.3 […] The post 360 ONE and Women Leadership Circle Join…
Resolution nods under IBC up by a record 42% in fiscal 2024
The Insolvency and Bankruptcy Code (IBC) clocked the highest ever resolutions in fiscal 2024, with 2691 cases getting the National Company Law Tribunal (NCLT) nod for resolution plans, a 42% growth over 189 in fiscal 2023. Of the 269 cases, ~88% are from the backlog of earlier years’ admissions. This has been driven by greater investor interest in turnaround of stressed assets as seen in…
Dubai Welcomes A Record 9.31 Million Visitors in H1 2024
National, 2nd August 2024: Dubai welcomed 9.31 million international overnight visitors from January to June 2024, a 9% increase over the 8.55 million tourist arrivals in the first half of 2023, according to data published by Dubai Department of Economy and Tourism (DET). Following a landmark 2023, when the city hosted 17.15 million international overnight visitors, Dubai maintained its robust tourism momentum into the first…
Adani Wilmar’s new Ilish pack brings joy to Bengali tables in Hilsa season
Kolkata, 02nd August 2024– The Hilsa/ Ilish season is upon us, and the kitchens of Bengal are bringing out their best recipes for the king amongst fishes. Be it the steamed bhaapa Ilish or the yogurt based doi Ilish, nothing complements the Hilsa more than the pungent fragrance of mustard oil. Fortune Kachi Ghani Mustard […] The post Adani Wilmar’s new Ilish pack brings joy…
Amazon Expands Prime Offerings and Same-Day Delivery in India to Enhance Customer Satisfaction
2nd August 2024: The biggest challenge for ecommerce platforms is to maintain pace with changing consumer trends. Customers want wide selection, low prices, and fast delivery, and these values differ for how each platform functions. Interestingly, India’s fastest growing e-commerce platform now delivers more than 10 lakh items same-day and more than 40 lakh items […] The post Amazon Expands Prime Offerings and Same-Day Delivery…