Category: Quick Shorts
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ITC Infotech | Recent Updates
1. ITC Infotech Acquires Blazeclan Technologies (Business Today & Upstox) 19th April 2024 • What happened? ITC Infotech acquired a 100% stake in Blazeclan Technologies for ₹485 crore. Blazeclan is known for its expertise in cloud solutions, data analytics, and…
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Kai Group’s Strategic Expansion in India: Boosting Razor Production
Kai Group’s Expansion in India Kai Group, a Japan-based manufacturer of personal care products and kitchen equipment, announced an investment of 300 million yen (around Rs 17.17 crore) to expand the production capacity of its manufacturing facility in Neemrana, Rajasthan.…
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Amazon’s Struggles in the Indian Market
Amazon’s performance in India has been less than stellar, particularly when it comes to the rapidly growing quick-commerce market. Two years ago, a venture capital firm hesitated to invest in an Indian quick-commerce startup due to concerns that Amazon might…
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Godrej Consumer Products Ventures into Pet Care Market
Investment and Strategic Partnership Godrej Consumer Products Ltd (GCPL) is set to make a significant entry into India’s pet care market by FY26 with the launch of its new subsidiary, Godrej Pet Care. To support this venture, the company plans…
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India FMCG Slows Down, but Rural Makes a Comeback
India’s FMCG industry experienced a notable slowdown in volume growth in the June quarter, both sequentially and year-on-year. According to NielsenIQ (NIQ), FMCG volumes grew by 3.8% year-on-year, a significant drop from the 7.5% growth reported in the same quarter…
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Exploring the Political Dimension in PESTLE Analysis: Insights from the Bangladesh Crisis
The recent turmoil in Bangladesh, marked by violent protests and the abrupt resignation of Prime Minister Sheikh Hasina, showcases the profound impact political factors can have on business operations, as highlighted in the PESTLE analysis framework. Companies such as Hindustan…
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Quick Exits: Challenges of Fresher and Infant Attrition
Deloitte’s Campus Worforce Trends Survey Report revealed infant attrition rates as high as 25% for top MBA hires. The primary reasons for high attrition include unmet expectations, lack of proper mentorship, and insufficient career growth opportunities. Freshers often feel disconnected…
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GIFT City Budget Proposal: Exemption for VC Funds
In a significant move to bolster investment and streamline regulatory processes, the recent budget proposal has granted an exemption to Venture Capital (VC) funds operating within Gujarat International Finance Tec-City (GIFT City). The exemption specifically pertains to the disclosure of…
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India’s Manufacturing Sector Maintains Strong Growth in July
India’s manufacturing sector showcased robust growth in July, as indicated by the HSBC India Manufacturing Purchasing Managers Index (PMI). The PMI is a critical indicator of the economic health of the manufacturing sector. It is derived from monthly surveys of…
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Balancing Sustainability and Athlete Satisfaction at the Paris Olympics 2024
The Paris Olympics 2024 has taken significant steps towards sustainability and climate goals, aiming to reduce carbon emissions and promote eco-friendly practices. One of the key initiatives includes cutting average carbon emissions per meal by half compared to previous Olympics,…