Articles for tag: Anticipates, Challenges, Expansion, Focus, Growth, India, Jean, Led, Pernod, Premium, Regulatory, Ricard, Robust, Touboul, Whisky

September 18, 2024

Pernod Ricard India, led by Jean Touboul, anticipates robust growth amid regulatory challenges and a focus on premium whisky expansion.

Pernod Ricard India anticipates strong double-digit growth in the medium term, driven by a growing trend towards premium products. Jean Touboul, CEO of Pernod Ricard India, highlighted that India has become the company’s second-largest Market globally. Despite facing regulatory challenges, including losing their liquor license in Delhi, Touboul remains optimistic and is actively seeking to ...

September 18, 2024

Market News

Business

In a historic shift, India surpasses China in the MSCI Emerging Markets Index, fueled by robust economic growth and investor confidence.

India has made history by surpassing China for the first time in the MSCI Emerging Markets Index, showing a weight of 2.35% compared to China’s 2.24%. This shift comes amid India’s strong economic growth, with its GDP growing at a pace over three times faster than China’s. Analysts from Morgan Stanley expect India to keep ...

September 13, 2024

Market News

Business

RITES Ltd, now a prestigious Navratna, reports strong growth with record revenue and robust dividends, emphasizing future-ready strategies.

RITES Ltd, a prominent infrastructure and consultancy firm under the Railway Ministry, recently held its 50th Annual General Meeting where Chairman Rahul Mithal shared the company’s progress. In FY24, RITES recorded a consolidated revenue of Rs 2,539 crore, slightly down from Rs 2,730 crore in FY23. The company achieved its highest-ever consultancy revenue of Rs ...

September 10, 2024

Market News

Business

India’s hiring optimism soars to 37%, leading globally, driven by strong sectors and robust economic growth amidst talent demand.

The employment outlook in India for the fourth quarter of 2024 is highly optimistic, with 37 percent of employers planning to hire more staff. This figure, reported in the ManpowerGroup Employment Outlook Survey, positions India as having the strongest hiring sentiment globally, surpassing countries like Costa Rica and the United States. The survey reflects a ...