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89 pc family biz in India expect to grow in next 2 years: Survey

Mumbai: Family businesses in the country are on a growth trajectory, with 89 per cent of them expecting to grow in the next two years, according to a survey.

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July 31, 2019
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E-returns for AY 2018-19 up 18.65%: Nirmala Sitharaman

New Delhi: About 64.94 million e-returns were submitted for assessment year (AY) 2018-19, which indicates an increase of 18.65 per cent from 2017-18, according to Mrs Nirmala Sitharaman, Minister of Finance and Minister of Corpo...

July 31, 2019
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Reliance Jio, BSNL drive telecom subscriber base to 1,183.77 mn in April

New Delhi: India’s telecom subscriber base grew to 1,183.77 million in April 2019 on account of net mobile customers gain by Reliance Jio and BSNL, according to report by Telecom Regulatory Authority of India's (Trai)....

June 16, 2019
Report

Polyester film demand in India to grow 10pc in next 5 yrs: Report

New Delhi: India's demand for polyester film, which is used in packaging, electronics and other industries, is projected to rise 10 per cent in the coming five years, according to report by Wood Mackenzie Chemicals.

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May 17, 2019
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Infra sector has PE/VC inflows jumping 79% in Apr at US$ 4.4 b

Mumbai: Private equity (PE) and venture capital (VC) inflows in India increased 79 per cent year-on-year in April 2019 to US$ 4.4 billion on the back of inflows in infrastructure sector reaching US$ 1 billion during the month.

May 17, 2019
Report

VCs, PE firms bet big on packaged consumer goods, park US$ 676 mn in 2018

New Delhi: Private equity (PE) and venture capital (VC) investments in India's consumer packaged goods (CPG) companies nearly doubled year-on-year to US$ 676 million in 2018, driven by rising interest of PE and VC firms in s...

May 17, 2019
Report

Indian pharma exports hit US$ 19.14 bn, report double-digit growth after 3 yrs

Hyderabad: India’s pharmaceutical exports reached US$ 19.14 billion in FY19, growing in double digits at 10.72 per cent after three years, according to the Pharmaceutical Export Promotion Council (Pharmexcil).

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May 03, 2019
Report

India's EV industry likely to see higher interest from PE, VC investors

Chennai: Private equity (PE) and venture capital (VC) investments in India's electric vehicles (EVs) segment increased to Rs 160 crore (US$ 23 million) in 2018 and are expected to grow further.

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May 03, 2019
Report

ICRA projects 7-7.5 GW solar power capacity addition in 2019-20

New Delhi: India is expected to add 7-7.5 gigawatt (GW) of solar power capacity in FY20, which also includes 1 GW of rooftop solar capacity, according to ratings agency ICRA.

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May 03, 2019
Report

Indian MSMEs can create 1 crore jobs in 4-5 years: Report

New Delhi: Micro, small and medium enterprises (MSMEs) in India have the potential to create 10 million new jobs in the coming four to five years, according to a report by Nomura Research Institute.

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April 20, 2019
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