Fortune India: Business News, Strategy, Finance and Corporate …
WEBMacro RIL trumps IOC to top Fortune India 500. With FY19 revenue of ₹5.81 lakh crore, RIL became the first privately-held and the only other company to become India’s largest corporation apart from Indian Oil for the first time in 10 years.
The secret of Nykaa’s success - Fortune India 500
WEBFeb 20, 2021 · In parallel, between March and April last year, Nykaa managed to raise ₹166 crore as primary investment from Steadview Capital, an Asia-focussed hedge fund, at a valuation of ₹9,100 crore ($1.2 billion) that catapulted the eight-year-old venture to unicorn status—a startup worth $1 billion. “We had been following Nykaa’s journey for ...
Fortune 500 India: Fastest Growing Companies - Fortune India 500
WEBDec 9, 2021 · Metals and pharma logged the fastest growth in revenue in FY21. Max Healthcare's revenue rose over 130% while Bharti Airtel led the top tier in Fortune 500 rankings. By Fortune India, Dec 8, 2021 1 min read. Advertisement.
Birla, The Commodity King - Fortune India 500
WEBBirla, 55, is fourth-generation scion of the family with personal wealth of $19.25 billion (₹1,53,503 crore) as on August 16. That includes $11.28 billion (₹89,242 crore) from listed Indian companies; $2.98 billion (₹23,563 crore) from unlisted Indian companies and $4.6 billion (₹36,764 crore) from unlisted companies outside India.
Fortune India: Business News, Strategy, Finance and Corporate …
WEBIn the second half of 2020, HT Media completed the acquisition of Mosaic Digital, the owner of news platforms vccircle.com and techcircle.com. Last year, the company also conducted the HT brand relaunch campaign. "As we transition to a new normal, we are adapting to change and paving the way for a brighter tomorrow," Bhartia says in the annual ...
Fortune India: Business News, Strategy, Finance and Corporate …
WEBBorn on July 5, 1960, Jhunjhunwala had an estimated net worth of ₹31,905 crore (as of July 2022) making him the 36th richest man in India. Jhunjhunwala, who was born to an Indian Tax officer in a middle class family in Mumbai, began trading in the stock market in 1985, when in college, with an initial investment of ₹5,000. Recently, he ...
India's 41 ordnance factories now history; merge into 7 DPSUs
WEBDec 1, 2021 · The 41 production units of Ordnance Factory Board (OFB) have been converted into seven Defence Public Sector Undertakings (DPSUs), with effect from October 1, 2021, Union Minister of State for Defence and Tourism Ajay Bhatt informed the Rajya Sabha in a written reply on Monday. Opposing the corporatisation move, about 80,000 employees working ...
How UPI is making India’s digital economy boom - Fortune India 500
WEBApr 24, 2021 · At a time when the country witnesses explosive growth, it can’t depend on just one payment ecosystem. According to a study by the Ministry of Electronics and Information Technology, India’s digital economy was valued at $200 billion in 2018, accounting for 8% of GDP. It is slated to grow to 18%-23% of the national GDP by 2025.
Mylab: The startup in the limelight - Fortune India 500
WEBApr 2, 2020 · Mylab, which sells the test kit for for ₹1,200 each, has been ramping up capacity to cater to the ever-growing demand in the country. “It was a situation that no one was prepared for. But Mylab has been able to develop the test and ramp up production in record time,” says Sujit Jain, advisor and mentor, corporate strategy, Mylab, and also ...
Social commerce: The Meesho way - Fortune India 500
WEBJun 18, 2021 · This easily makes Meesho the biggest player in India’s nascent social commerce market, whose worth, according to Bain & Co. and Sequoia Capital India, could balloon from $1.5 billion-$2 billion today to nearly $70 billion by 2030. Not bad for a company that pioneered the social commerce trend in …