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Search results for degrowth

Zydus Lifesciences reports double-digit growth in Q2, revenue up 20%
1 month, 3 weeks ago

Zydus Lifesciences reports double-digit growth in Q2, revenue up 20%

Live Mint  

Zydus Lifesciences Ltd announced strong double-digit growth in line with estimates, on the back of sustained growth across its key businesses, in its consolidated financial results for the September quarter on Tuesday. The company’s US formulations business grew 30% y-o-y, registering a revenue of ₹2,417 crore. The company’s active pharmaceuticals ingredients business saw a degrowth of 15% year-on-year with ₹119 …

Business India Growth Company Revenue Crore Quarter
ONGC Q2 Results: Net profit falls 25% YoY to ₹10,272.5 crore; interim dividend of ₹6 per share declared
1 month, 4 weeks ago

ONGC Q2 Results: Net profit falls 25% YoY to ₹10,272.5 crore; interim dividend of ₹6 per share declared

Live Mint  

ONGC Q2 Results: Oil and Natural Gas Corporation Limited announced its July to September quarter results on Monday, November 11. Oil and Natural Gas Corporation Ltd shares closed 2.08 per cent lower at ₹256.90 after Monday's market session, compared to ₹262.35 at the previous market close. The company's revenue from core operations rose 7.25 per cent to ₹1,58,329.10 crore in …

Results Oil Company Share Crore Cent Ongc
TCS Q1 results: Net profit grows 8.7% to ₹12,040 crore
5 months, 4 weeks ago

TCS Q1 results: Net profit grows 8.7% to ₹12,040 crore

The Hindu  

Tata Consultancy Services Ltd reported consolidated first quarter net profit grew 8.7% year on year to ₹12,040 crore despite degrowth in several business YoY. Commenting on the results K Krithivasan, Chief Executive Officer and Managing Director, TCS said: “I am pleased to report a strong start to the new fiscal year with all-round growth across industries and markets.” “We are …

Quarter Yoy Net Grew Tcs Net Profit Constant Currency
Why climate change action requires "degrowth" to make our planet sustainable
8 months ago

Why climate change action requires "degrowth" to make our planet sustainable

Salon  

Climate change truly is a major existential threat, one we're clearly not addressing fast enough. While the German philosopher's early works like "The Communist Manifesto" urged the working class to insist on receiving its fair share of the benefits of industrialism, Marx's later writings praised Indigenous peoples in the Americas, India and Algeria for living in communes that stressed sustainable …

Nature Climate Change Society Japan Change Climate Netherlands
In a first, Tata Motors cuts its EV car prices
10 months, 3 weeks ago

In a first, Tata Motors cuts its EV car prices

The Hindu  

The market leader in electric passenger vehicles, Tata Motors, has slashed prices for two of its electric vehicle cars by up to ₹1.2 lakh in a first such cut by a car maker in India. Tata Passenger Electric Mobility Ltd. attributed the decision to the reduction in raw material cost. With battery cell prices having softened and considering their potential …

Car Price Tata
Surge in AI and Healthcare hiring noted in India for January: Report
11 months ago

Surge in AI and Healthcare hiring noted in India for January: Report

India TV News  

Hiring for AI-related roles in sectors like hospitality, healthcare and FMCG has witnessed a significant growth in January 2024 in India. As per the Naukri JobSpeak Index, the white-collar hiring in India stood at 2,455 in January 2024, registering an increase of one per cent over the preceding month and about 11 per cent lower than in 2023. As per …

India Healthcare Hiring Sector Cent Ai Fmcg
Wipro surges over 13 per cent despite 12 per cent decline in Q3 profit YoY
11 months, 3 weeks ago

Wipro surges over 13 per cent despite 12 per cent decline in Q3 profit YoY

India TV News  

Wipro shares rose over 13 per cent in early trading on Monday, reaching a 52-week high of Rs 529, despite the company reporting weaker-than-expected results for the third quarter. The primary reason for the rise in Wipro's shares can be attributed to a 17 per cent surge in its American Depository Receipts. The company's trajectory is perceived as recovering after …

Cent Yoy Wipro Profit Decline
Indian textile exports show signs of revival
1 year, 3 months ago

Indian textile exports show signs of revival

The Hindu  

Textile and apparel exports turned positive last month after more than six months of degrowth. While textile exports increased 13.98%, apparel exports declined 8.15%. Cumulative exports of textiles and apparel for April - August, however, were 10.51% lower compared with the same period last year, shows data shared by the Confederation of Indian Textile Industry. Siddhartha Rajagopal, executive director of …

Exports Textile Exports Revival Textile
Tracking India’s growth trajectory
1 year, 3 months ago

Tracking India’s growth trajectory

The Hindu  

The conventional way to assess a country’s economic situation is to look at the quarterly and annual GDP growth rate and compare it to previous quarters as well as years. The Q1 data covering the GDP growth rate from April to June of FY24 boasts a nominal growth rate of 8% and a real growth rate of 7.8%. Calculating GDP …

India Growth Tax Economic Income Rate Gdp
Thyrocare Technologies Q4 earnings: Net profit tumbles 36% to ₹21 Cr, revenue up 4%
1 year, 7 months ago

Thyrocare Technologies Q4 earnings: Net profit tumbles 36% to ₹21 Cr, revenue up 4%

Live Mint  

During Tuesday's closing session, Thyrocare Technologies, a small-cap firm, registered a market cap of ₹2,487.45 Cr. The company said its EBITDA stood at ₹26.32 Cr during the quarter ended March 2023 compared to ₹37.89 Cr during the quarter ended March 2022. The net profit of Thyrocare Technologies stood at ₹13.71 Cr during the quarter under review down by 36% YoY …

India Company Technologies Net Profit Fy22 Fy23 Its Ebitda
Total vehicle retail sales in April decline, FY’24 kicks off with modest performance: FADA
1 year, 8 months ago

Total vehicle retail sales in April decline, FY’24 kicks off with modest performance: FADA

Live Mint  

The Federation of Automobile Dealers Associations has released Vehicle Retail Data for April 2023. As per the data, the financial year 2023-24 kicked off with a modest vehicle retail performance in April, seeing a decline of 4% in total vehicle retails. “This was primarily due to last year's high base and the OBD 2A norms, which led to vehicle price …

Retail Sales Fada Yoy Total Vehicle
Govt to set up task force to address environmental concerns in textiles
1 year, 8 months ago

Govt to set up task force to address environmental concerns in textiles

Live Mint  

The union government is set to launch a task force to address environmental concerns in the textile sector at a time when India is negotiating a free trade agreement with western countries with a strong interest in boosting textile exports. Commerce minister Piyush Goyal said that sustainable products are witnessing high demand and some exporters using sustainable means are getting …

Textiles Sustainable Sustainable Textiles Textile Task Force Saurashtra Western Countries
Review: The Future Is Degrowth by Schmelzer, Vetter and Vansintjan
1 year, 11 months ago

Review: The Future Is Degrowth by Schmelzer, Vetter and Vansintjan

Hindustan Times  

The Future Is Degrowth: A Guide to a World beyond Capitalism is an expanded version of Degrowth/Postwachstum zur Einführung by Matthias Schmelzer and Andrea Vetter. In an interview to a Montreal-based book review journal, Aaron Vansintjan, who has been credited as co-author in the English edition, stated that “while growth is a powerful stabilizing mechanism of capitalist modernity, it destabilizes …

France Growth Economic Ecological Marx Degrowth
Fashion industry, did you forget about sustainability again?
2 years, 3 months ago

Fashion industry, did you forget about sustainability again?

Live Mint  

Last week was Fashion Week in New York City, and on Monday Climate Week will come to the Big Apple. At the intersection of these annual showcases lies an uncomfortable truth: No one has figured out how to credibly align climate goals with fashion’s current business model. “Many, many companies are starting to realize they have a situation that appears …

Fashion Climate
Degrowth is not austerity – it is actually just the opposite
2 years, 3 months ago

Degrowth is not austerity – it is actually just the opposite

Al Jazeera  

“We are living through the end of abundance,” French President Emmanuel Macron recently declared after a summer that saw parts of Europe ravaged by forest fires and unprecedented heat and drought. In a March 2020 column, one member of a conservative British think-tank, for example, claimed that “the coronavirus crisis reveals the misery of degrowth”, that degrowth would make the …

Economy Energy Europe Growth Life Services Economic
MSME sector records credit growth of 14% in 2022-23, says SBI Research report
2 years, 5 months ago

MSME sector records credit growth of 14% in 2022-23, says SBI Research report

Firstpost  

SBI Research said in its weekly report ‘Ecowrap’ that the sector has expanded by Rs 52,800 crore against degrowth of Rs 61,000 crore during the similar period of the previous year New Delhi: Credit growth to the Ministry of Micro, Small & Medium Enterprises sector has expanded by Rs 52,800 crore in the current financial 2022-23 year against degrowth of …

Growth Credit Crore Sector Credit Growth Sbi Research
’Ab nani yaad aayegi:’ Ashneer Grover takes a fresh dig at BharatPe CEO
2 years, 9 months ago

’Ab nani yaad aayegi:’ Ashneer Grover takes a fresh dig at BharatPe CEO

Live Mint  

The feud between Ashneer Grover and BharatPe continues with the former taking fresh dig at the company for first quarterly de-growth along with maximum cash burn. "So I just heard BharatPe closed it’s first quarter of ‘degrowth’ and ‘maximum cash burn’ under able leadership of Rajnish Kumar and Suhail Sameer," Grover tweeted. BharatPe, which allows shop owners to make digital …

Grover Bharatpe Fresh Dig
The curious case of India’s rising forex reserves and falling rupee
3 years ago

The curious case of India’s rising forex reserves and falling rupee

Live Mint  

For the uninitiated, the Reserve Bank of India’s balance sheet is a concoction of both domestic and international assets carefully modulated regularly. However, since RM on the asset side is now higher, RBI adjusts the liability side by increasing CIC, thereby creating new money. The subsequent systemic liquidity can flow into RBI’s balance sheet through the liquidity adjustment facility, balancing …

India Money Balance Assets Foreign Rbi Sheet
Infinite economic growth caused the environmental crisis. Degrowth will help us fix it
3 years, 2 months ago

Infinite economic growth caused the environmental crisis. Degrowth will help us fix it

Salon  

The COP26 climate summit in Glasgow has revealed how limited we are in how we think about solutions to the climate emergency. While it would mean a decline in the production of the most polluting products in parts of the world with unsustainably high levels of consumption, the most drastic effects would be felt only by the very richest people, …

Economy Growth Environmental Mean Degrowth
News18 Evening Digest: Farmers Throng Delhi's Burari Ground in Protest, PM Assures Speedy Vaccine Development & Other Top Stories
4 years, 1 month ago

News18 Evening Digest: Farmers Throng Delhi's Burari Ground in Protest, PM Assures Speedy Vaccine Development & Other Top Stories

News 18  

‘Hum Honge Kaamyab’: Slogans, Songs & Drumbeats Galore as Hundreds of Farmers Gather at Burari Shouting slogans, singing songs and carrying flags in reds, greens and blues, about 400 farmers from various groups and states on Saturday gathered at north Delhi’s Burari ground where the government had allowed them to hold a peaceful protest against the new farm laws. Salman …

India Delhi Bigg Boss Indian Salman Slogans Harris
Coronavirus Lockdown: Auto component industry likely to witness double-digit degrowth in FY21, says India Ratings
4 years, 7 months ago

Coronavirus Lockdown: Auto component industry likely to witness double-digit degrowth in FY21, says India Ratings

Firstpost  

The Auto component industry is likely to witness a second consecutive year of double-digit degrowth this fiscal mainly on account of disruption in operations due to coronavirus pandemic and the subsequent lockdown, according to a report Mumbai: The Auto component industry is likely to witness a second consecutive year of double-digit degrowth this fiscal mainly on account of disruption in …

India Markets Auto Exports Components India Ratings
Domestic air passenger traffic growth at 11.2% in November after growing to single digit number till October: DGCA
5 years ago

Domestic air passenger traffic growth at 11.2% in November after growing to single digit number till October: DGCA

Firstpost  

The 12 domestic carriers, including full-service carriers Air India and Vistara and budget carriers Indigo, Spicejet, GoAir and AirAsia India together have flown 11.6 million passengers in November. Mumbai: Domestic air passenger traffic has finally grown in double-digits, clipping at 11.2 percent in November to 12.94 million after growing in single-digit till October, while April saw degrowth, show the latest …

Air Chopra Passenger Dgca Carriers Passenger Traffic Month Growth
Why India slips further among emerging economies race
5 years, 1 month ago

Why India slips further among emerging economies race

India Today  

The latest data on Gross Domestic Product showed that India is in an acute slump. Data released by Central Statistics Office on Friday shows that India, once considered as the fastest growing economy in the world, is now finding it difficult to compete with emerging economies like Vietnam or Egypt. India's economy grew only 4.5 per cent in June to …

India Economy Vietnam Growth Cent Gdp
Core sector growth in negative zone for first time in 4 years: Economy is slowing, but here are four ways government can arrest slowdown
5 years, 3 months ago

Core sector growth in negative zone for first time in 4 years: Economy is slowing, but here are four ways government can arrest slowdown

Firstpost  

There is a likelihood that there will be some revival in the consumer spending in the next two months on account of the festive season demand, which could offer some relief to the economy. For the first time in more than four years, India’s core sector growth contracted in the month of August at negative 0.5 percent. According to rating …

Economy Growth Consumer Spending Sector Banks Core Core Sector Growth