Mahindra Lifespace to invest Rs 6,000 crore in residential business by FY28 | Company News

Mahindra Lifespaces. Photo: wikipedia.org Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group, has said it was planning to invest around Rs 6,000 crore in residential business over the next four years. The move is to drive its business growth, which is targeted to increase fivefold… Continue reading Mahindra Lifespace to invest Rs 6,000 crore in residential business by FY28 | Company News

Business Standard Manthan: India’s luxury landscape brimming with potential | BS Events

A country of rich heritage, of exquisite textiles, jewellery and craftsmanship, of creativity that finds a myriad of expressions, and an entrepreneurial spirit that is second to none. Add to that a new, younger rich class with growing spending power and the desire to indulge in the finer things of life. India is a… Continue reading Business Standard Manthan: India’s luxury landscape brimming with potential | BS Events

Bayer Cropscience posts profit rise in Q1 on corn business strength

Illustration: Ajay Mohanty Bayer Cropscience, the Indian unit of German drug and pesticide maker Bayer AG, on Monday reported an 8.6% rise in quarterly profit, boosted by strong sales in its corn seeds business. Profit rose to 3.29 billion rupees ($39.77 million) for the quarter ended June 30, from 3.03 billion rupees a… Continue reading Bayer Cropscience posts profit rise in Q1 on corn business strength

Metropolis Healthcare eyes 60% revenue from B2C business in next 2-3 years

Mumbai-headquartered diagnostic services provider Metropolis Healthcare is eyeing 60 per cent of its revenues from the business-to-consumer (B2C) segment in the next two-three years. The company’s current share in the segment is 52 per cent. As Metropolis focuses on aggressive network expansion, it has been growing its B2C segment. This includes both the prescription-led… Continue reading Metropolis Healthcare eyes 60% revenue from B2C business in next 2-3 years

Enkash expects business to grow by 36% to Rs 250 crore this fiscal

Illustration: Ajay Mohanty Fintech firm Enkash expects its business to grow by 36 per cent to USD 30 million, about Rs 250 crore, in this fiscal on account of digitisation in small and medium business in the accounting segment, a senior official of the company said. Ascent Capital-backed Enkash founder Hemant Vishnoi told… Continue reading Enkash expects business to grow by 36% to Rs 250 crore this fiscal

Vedanta announces new appointments, advisory board for oil business

Representative Image (Photo: Bloomberg) Vedanta, an Indian multinational corporation specialising in metals and oil, announced on Friday a series of new appointments for its aluminium and oil divisions. Additionally, the company unveiled plans for a new advisory board to guide the oil and gas sector. John Slaven has been appointed as chief executive… Continue reading Vedanta announces new appointments, advisory board for oil business

Apollo’s second-quarter earnings surge 75% on upbeat annuities business

Chibuike Oguh Apollo Global Management Inc said on Thursday its second-quarter adjusted net income jumped 75% year-on-year, underpinned by strong growth in earnings from its retirement services business and management fees.   Adjusted net income rose to $1 billion, up from $576 million a year earlier. That translated to an adjusted net income per… Continue reading Apollo’s second-quarter earnings surge 75% on upbeat annuities business

Centre asks e-commerce platforms to stick to their business model

Premium There were also discussions to align the proposed consumer protection rules on e-commerce, as well as the e-commerce policy. The Centre on Wednesday asked e-commerce majors not to flout their respective business models, and ensure that a distinction is made between the inventory and marketplace models, people aware of the matter said. … Continue reading Centre asks e-commerce platforms to stick to their business model