Ikea India reported 6% YoY sales growth to Rs 1,860.8 crore in FY25 and 12% EBITDA growth, targeting profitability within two years amid expanding online and North India presence.
Zerodhas Nithin Kamath compared Indias UPI-led payments ecosystem with the US, noting Robinhood earns Rs 1,300 crore yearly from instant withdrawal fees, highlighting Indias cost-free and efficient payment infrastructure.
BSE Q2 Results: BSE reported a significant 61% year-on-year growth in its consolidated Q2 net profit, reaching Rs 558 crore. Revenue from operations also surged by 44% to Rs 1,068 crore. Sequentially, the company saw a 3.5% increase in profit and a 12% rise in topline.
NSEs electricity futures are emerging as a benchmark for power price discovery, with close alignment to physical market rates, enhancing transparency, efficiency, and integration in Indias evolving energy market.
ASSOCHAM has proposed digitized single window systems and a unified annual compliance form for MSMEs. These measures aim to boost investment and competitiveness across Indian states. The report highlights specific recommendations for states like West Bengal, Odisha, and Andhra Pradesh.
Asian private wealth has jumped from 6% of the global total 25 years ago to 21% today, according to data from BCG. Singapore pulled in $765 billion in wealth inflows between 2019 and 2024, while Hong Kong attracted $975 billion. More than 80% of that is coming from within Asia.
Other works in the race for the big prize included 'Flashlight' by American Korean author Susan Choi, 'Audition' by American Japanese writer Katie Kitamura, 'The Rest of Our Lives' by British American Ben Markovits, and English novelist Andrew Miller's 'The Land in Winter'. All six shortlisted authors will receive 2,500 pounds and a specially bound edition of their book.
Shares of Vijay Kedia-backed Atul Auto surged rose sharply after the company posted a 70% year-on-year jump in Q2 net profit to Rs 9.2 crore. Revenue rose 10% to Rs 200 crore, driven by higher sales volumes and improved operational performance in its commercial three-wheeler segment.
