Friday, December 6, 2024

growth

UBS, a global brokerage firm, has started covering Swiggy, a major food delivery platform company, and given it a 'Buy' rating. They have set a target price of INR 515 for the next 12 months.UBS set...
Foodtech major Swiggy's shares closed at INR 455.95 on the BSE, a 16.91% increase from its IPO price of INR 390. The stock listed at INR 412, a 5.6% premium, and reached an intraday high of...

Global investment firm Prosus earns $2 Bn from Swiggy’s IPO

Global investment giant Prosus has reaped a whopping $2 billion from its investment in foodtech major Swiggy, which made its stock market debut on...

Meesho registers reduction in net loss by 81.8% to INR 304.9 Cr in FY24

Meesho's net loss significantly decreased by 81.8% to INR 304.9 crore in the financial year 2023-24, from INR 1,675 crore in the previous year....

India’s Textile Industry to see 6-8% growth in FY25 driven by US demand

India's home textiles industry is likely to see revenue growth of 6-8% for the fiscal year, with significant expansion coming from the domestic market...

Swiggy secures INR 5,085 Cr before IPO, issues 13.03 Cr shares

Foodtech giant Swiggy raised INR 5,085 Cr on Tuesday, November 5, from anchor investors at INR 390 per share, ahead of its IPO. The...

Flipkart Internet achieves 21% revenue growth, cuts losses by 41%

Flipkart Internet, the marketplace arm of Flipkart, saw its revenue grow by 21% year-on-year to INR 17,907.3 Cr in FY24, as per Tofler's regulatory...

Scaling with Automation: Technologies that Streamline Processes for Growth

The automation technologies play a symphony, orchestrating smooth processes and carrying organisations to new heights in the fast-paced world of business evolution, where growth...

Interactive Marketing Frontier: Using AR to Propel Brand Recognition and Growth

Interactive marketing has shifted from being a buzzword to a strategic imperative for brands aiming to capture the attention of a dynamic and digitally-driven...

Powerful Personal Connection: How Video Humanizes Your Brand and Boosts Growth

In the fast-paced digital landscape of the 21st century, establishing a personal connection with your audience has become more crucial than ever for business...

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