 "Deloitte India aims for explosive growth, targeting billion by 2030, fueled by remarkable advancements and a booming workforce.")
Deloitte India is aiming for significant growth, targeting $5 billion in revenue by 2030, up from the current Rs 10,000 crore. In the fiscal year 2023-24, the firm reported a 30 percent increase in revenue and contributed 10 percent to global revenue growth and 70 percent to the Asia Pacific region’s growth. South Asia CEO ...
India’s foreign exchange reserves have reached a new record high of $692 billion, marking an increase of $2.8 billion for the week ending September 20, as reported by the Reserve Bank of India (RBI). This milestone represents the fifth consecutive week of growth, edging closer to the $700 billion goal. The boost in reserves was ...
 "Accenture announces a billion share buyback as AI demand drives unexpected revenue growth, boosting shares nearly 7%.")
Accenture, the IT services giant, recently announced a significant $4.0 billion share buyback following impressive fourth-quarter revenue results. The company reported earnings of $16.41 billion, slightly beating analysts’ predictions. This growth was largely fueled by increased demand for generative artificial intelligence solutions, which continued to rise for the fourth consecutive quarter. Accenture’s new customer contracts ...
 "Vedanta prepares for significant dividend discussions amidst a strategic debt reduction plan, eyeing billion in savings.")
Vedanta Ltd, a leading mining company, announced that its board will meet on October 8 to discuss the approval of a fourth interim dividend for the 2024-25 financial year. If approved, the record date for shareholders eligible for this dividend will be October 16, 2024. So far, Vedanta has declared a total dividend of Rs ...
 "Hyundai India gains IPO approval, aiming to raise billion, marking a significant comeback in the Indian automotive market.")
Hyundai Motor India has received approval for its initial public offering (IPO) from the Securities and Exchange Board of India. The South Korean automaker aims to raise $3 billion, valuing the company at around $20 billion. This IPO marks the first for a carmaker in India in the last 20 years, following Maruti Suzuki’s IPO ...
Prime Minister Narendra Modi recently concluded a successful three-day trip to the United States, where he participated in key events like the Quad Leaders’ meeting and the UN General Assembly’s Summit of the Future. During his visit, he met with fellow leaders from Japan and Australia to strengthen ties and improve cooperation in the Indo-Pacific ...
 "Vodafone Idea’s CEO reveals strategies amid crushing AGR dues, as fresh government dialogue and a .6 billion vendor deal emerge.")
Vodafone Idea’s CEO, Akshaya Moondra, has announced that the company is in talks with the government regarding its adjusted gross revenue (AGR) dues amidst ongoing financial struggles. Following a recent Supreme Court ruling against telcos, including Vodafone Idea, which challenged the calculation of their substantial AGR liabilities, the company is focusing on raising debt funding ...
 "ZEE and Sony’s .5 billion merger collapses as NCLT recalls approval, ending a turbulent legal saga.")
The National Company Law Appellate Tribunal (NCLAT) has allowed Axis Finance, IDBI Bank, and IDBI Trusteeship Services to withdraw their petitions against the merger of Zee Entertainment and Sony Pictures Networks India. This decision follows the Mumbai Bench of the National Company Law Tribunal (NCLT), which had previously approved the merger on August 10, 2023, ...
 "India’s currency shines with a record 9.46 billion in reserves, marking its strongest weekly rise this year.")
India’s foreign exchange reserves have reached a record high of $689.46 billion, marking a consistent rise for five consecutive weeks. This week’s increase was $220 million, adding to a total of $19.1 billion gained in previous weeks. The Reserve Bank of India plays a key role in managing the exchange Market to stabilize the value ...
 "The RBI’s strategic .93 billion intervention stabilizes the depreciating rupee amidst fierce market volatility and global pressures.")
The Reserve Bank of India (RBI) has reported a significant activity in the foreign exchange Market, revealing it bought a net total of $6.93 billion in July. During this month, the RBI purchased $23.57 billion and sold $16.64 billion, marking a contrast to June when it sold a net amount of $2.11 billion. In July, ...
