In it’s Annual Report for FY 2025, the Chairman Harsh Mariwala has said that the Company aims Rs 20,000 cr of revenues by FY 2030. In FY 2025, Marico reported revenues of Rs 10,831 cr. Rs 20,000 cr in next 5 years therefore imply a CAGR of 13%. Compared with this, the Company in the … Read more
After Bengaluru, Amazon has begun its 10-minute delivery service, “Amazon Now”, in select Delhi pin codes, with the e-commerce giant saying on Thursday (July 10, 2025) that it is enthused with the early response and feedback from customers. The move marks Amazon’s determined strides in the booming quick-commerce market in India, where players like Zepto … Read more
Markets regulator Securities and Exchange Board of India (SEBI) on Wednesday (July 9, 2025) proposed allowing credit ratings agencies to rate financial instruments regulated by other financial sector regulators. Any agency that expands ratings to such instruments will need to set up a new unit within six months, SEBI said in a consultation paper. SEBI, … Read more
The United Arab Emirates (UAE) has rolled out a new nomination-based Golden Visa, offering lifetime residency for a one-time payment of ₹23.30 lakh. This marks an addition to the UAE’s earlier residency option, which required a person to make a certain amount of investment in the Gulf country’s real estate market or business. For now, … Read more
After three years of acquiring a German Company, Borosil Renewables Ltd (BRL) has decided to give up and has gone ahead and filed for insolvency of the German Company. German operations have been a significant overhang on BRL’s overall financials since its acquisition. BRL’s management attributes the German failure to local macros; flooding by cheap … Read more
Mukesh Ambani, Asia’s richest man, is racing to buy American ethane gas as a shield against President Trump’s trade war. His company Reliance Industries imports 1.6 million tonnes yearly from US shale fields, shipped in giant tankers to Gujarat factories. This cheap gas replaces costlier oil-based naphtha for making plastics, saving $450 million annually. With … Read more
US President Donald Trump said he would put an additional 10% tariff on any country aligning themselves with “the Anti-American policies of BRICS,” injecting further uncertainty as the US continues to negotiate levies with trading partners. “Any Country aligning themselves with the Anti-American policies of BRICS, will be charged an ADDITIONAL 10% Tariff,” Trump said … Read more
Marking a high-profile legislative win early in his second term, US President Donald Trump on Thursday signed what he called the “One, Big, Beautiful Bill” into law during a celebratory Fourth of July ceremony at the White House.The landmark measure, described by Trump as delivering on several key campaign promises, includes broad tax cuts, significant … Read more
India and the United States are engaged in detailed negotiations to finalise a trade agreement before July 9. (AI image) India-US trade deal: India and the United States are engaged in detailed negotiations to finalise a trade agreement before July 9, when US President Donald Trump’s tariff deadline kicks in. The two countries are seeking … Read more