Entrepreneur India: Page 4

News and Trends

TBO Tek Limited Reports 24% Growth in Q2 FY25 GTV, 28% Revenue Surge

The integration of recently acquired Jumbonline is proving valuable, now contributing 8.5 per cent to TBO's GTV and 7.6 per cent to revenue.

News and Trends

As Air India-Vistara Merger Completes, All Eyes On Transformation

Consequent to the merger of Vistara and Air India, Singapore Airlines, which held a 49 per ecnt share in Vistara, becomes a 25.1 per cent shareholder in the resultant Air India group

News and Trends

MAN Industries Posts Strong Q2 FY25 Growth with 10% Revenue Increase Despite 15% Steel Price Drop

In Q2 FY25, MAN Industries' standalone revenue was reported at INR 805 crore, a 10 per cent increase over Q1

News and Trends

Auto Industry Rides Festival-Driven Demand in October with 0.9% Growth in Passenger Vehicles and 14.2% in Two-wheelers

The passenger vehicle market experienced its highest-ever sales for the month of October, reaching 3,93,238 units, up from 3,89,714 units in October 2023, a 0.9 per cent increase.

News and Trends

India's Foreign Direct Investment Landscape in Trump 2.0 Era

During Trump's first term, India lost its Generalized System of Preferences (GSP) status, which had previously enabled tariff-free exports of certain goods to the U.S. Without GSP, sectors like pharmaceuticals, textiles, and engineering—key components of India's export portfolio—could face challenges if new tariffs or restrictions are imposed.

News and Trends

India's Semiconductor Industry to Generate 1 Million Jobs by 2026, Driven by Manufacturing Push

Approximately 3,00,000 jobs are expected in chip semiconductor fabrication, with an additional 2,00,000 roles in assembly, testing, marking, and packaging (ATMP)

News and Trends

StampMyVisa Secures INR 6.6 Crore From to Transform Visa Processing for India's B2B Travel Market

The global e-Visa market is projected to grow from $1,030.5 million in 2024 to $2,395.2 million by 2032, providing an ideal growth environment for StampMyVisa.

News and Trends

Hindalco Industries Reports Robust Q2 Results with 78% Surge in Net Profit

Hindalco reported quarterly consolidated EBITDA at INR 9,100 crore, up 49 per cent

News and Trends

Trump's Triumph: A Trump Card For Indian MSMEs ?

Donald Trump's re-election may significantly impact India's micro, small, and medium enterprises (MSMEs). His stance on trade, energy, and reducing reliance on China presents opportunities and challenges.

News and Trends

Singapore Airlines to Invest INR 3,194.5 Crore in Tata's Merged Air India and Vistara Entity

SIA will contribute its 49 per cent stake in Vistara, as well as INR 2,058.5 crore in cash, to secure a 25.1 per cent equity share in the merged airline.

News and Trends

Harsha Vardhan Agarwal Set to Lead as President-Elect of FICCI

Agarwal, currently FICCI's senior vice president, will officially take on the role after the conclusion of FICCI's 97th annual general meeting on November 21 in New Delhi, succeeding Dr. Anish Shah.

News and Trends

India's Economic Vision: From $3.5 Trillion to $35 Trillion by 2047, Says Commerce Minister Piyush Goyal

Former Minister Suresh Prabhu added that under Modi's leadership, India is now recognized as a low-risk environment for international investment, enhancing its appeal in global markets

News and Trends

UnifyApps Secures $20 Million in New Funding Led by Iconiq Growth to Drive Enterprise AI Integration

This funding round follows an $11 million raise previously led by Elevation Capital.

Technology

Preparing for Wi-Fi 7 and Beyond

The demand for ultra-fast, low-latency connections is growing, fueled by emerging applications such as AR, VR, and IoT. As network infrastructure and supporting technologies catch up, Wi-Fi 7's adoption is expected to exceed that of previous Wi-Fi generations.

News and Trends

Tata Power Completes Strategic Acquisition of Paradeep Transmission Limited for INR 18.64 Crore

Tata Power has signed the Share Purchase Agreement ('SPA') and acquired 100 per cent equity stake in Paradeep Transmission Limited, a special purpose vehicle.