Tag: MARKET RESEARCH
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Strong Performance of New-Age Startups Amid Financial Challenges
New-age startups demonstrated stronger performance and profitability in FY24 amid a challenging funding landscape. Many companies, including PhonePe and Lenskart, achieved revenue growth, while others faced revenue declines. A focus on cost management has become essential for sustainability and preparing for public offerings. New-age companies had a robust performance in fiscal year 2024, with several…
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Zepto Launches New Entity to Enhance Operations Before IPO
Zepto has launched Zepto Marketplace Private Limited to enhance operations ahead of its IPO, targeted for the second half of 2025. This B2B model contrasts with competitors using marketplace models. Zepto reported a 120% revenue increase, showcasing significant growth, and plans to streamline operations further in preparation for going public. In preparation for its upcoming…
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Government Scrutinizes Quick Commerce Companies Over FDI Compliance
Quick commerce companies are under government scrutiny regarding FDI compliance related to inventory policies. The DPIIT is investigating their operations to ensure adherence to regulations. Concerns have been raised about the impact on local kiranas and the potential for unfair competitive practices. These firms have seen significant investment and growth, prompting calls for vigilant oversight…
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DBS Bank Appoints Rajat Verma as India CEO; Startup ESOP Buybacks Rise
DBS Bank has appointed Rajat Verma as CEO of DBS Bank India starting March 2025, succeeding Surojit Shome. Meanwhile, the Indian startup sector is witnessing a rise in ESOP buybacks, increasing from 19 in 2023 to 26 in 2024 across unlisted companies, indicating a shift in capital acquisition and employee ownership strategies. On December 31,…
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Complexity of Cybersecurity Laws in India: Challenges and Recommendations
Companies in India face difficulties due to overlapping cybersecurity laws, with the recent Digital Personal Data Protection Act adding to these challenges. Inconsistencies in requirements across sectors result in higher compliance costs and confusion. Experts advocate for harmonization of laws and a unified regulatory authority to streamline processes and support smaller businesses. Organizations in India…
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Business News Highlights: AI Adoption Challenges and Market Trends on December 30, 2024.
The latest business news emphasizes the challenges in AI adoption strategies, trends in consumer preferences for platinum, job market dynamics, and emerging legal issues concerning corporate governance. TCS reports a significant number of AI projects, while young consumers increasingly prefer platinum over gold. The job market remains competitive, demanding new skill sets, and investors raise…
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Growth Projections and Innovations in the Surgical Sinks Market
The surgical sinks market is projected to surpass USD 4.38 billion by 2031, with a CAGR of 5.43%. Emphasizing hand hygiene and infection control, these sinks often feature sensor-activated faucets. Technological innovations aim to improve comfort and cleanliness. The North American market is expected to dominate, with key players contributing significantly to growth amid challenges…
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Key Disclosure Considerations for Technology Companies Under New Segment Reporting Standards
Public technology companies are required to comply with the new segment reporting disclosure requirements by December 31, 2024, due to changes made by FASB in ASU 2023-07. The SEC staff has provided clarifications on segment performance measures. Resources, including a comprehensive Handbook, are available for companies to align with the updated standards. All public technology…
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European Companies Experience Significant Growth in Traffic and Satellite Ventures
European firms Aeroports de Paris, Vinci, and Eutelsat report strong growth in traffic and satellite ventures, increasing investor interest. Aeroports de Paris records a 10.1% rise in passenger traffic, Vinci shows significant traffic improvements, and Eutelsat plans a major satellite expansion. Bureau Veritas joins the CAC 40, marking a growing market presence amid these developments.…