The week in charts: GDP forecast, Adani shopping list, ₹ 250-SIP
3 months, 2 weeks ago

The week in charts: GDP forecast, Adani shopping list, ₹ 250-SIP

Live Mint  

Every Friday, Plain Facts publishes a compilation of data-based insights, complete with easy-to-read charts, to help you delve deeper into the stories reported by Mint in the week gone by. The World Bank upgraded its FY25 GDP forecast for India and Adani group is looking to acquire multiple FMCG businesses. The World Bank is betting on the services sector, capex spending and an uptick in private consumption to sustain India’s growth. Shopping list $1 billion: That is the war chest the Adani group has built for acquisitions to boost the conglomerate’s fast-moving consumer goods business, Mint reported. Chart of the week: Realty ranks India’s real estate market has been categorized as ‘transparent’ for the first time in the Global Real Estate Transparency Index, compiled by property advisory JLL.

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History of this topic

Zepto’s FY24 revenue doubles to ₹4,454 crore in its first year as unicorn
1 week, 3 days ago

Zepto’s FY24 revenue doubles to ₹4,454 crore in its first year as unicorn

Live Mint  

Quick grocery delivery startup Zepto saw its operating revenue more than double year-on-year to ₹4,454 crore in the financial year ended March 2024—its first year as a unicorn—highlighting the intensifying competition in the quick commerce space. The Bengaluru-based firm’s loss for the period remained flat at ₹1,248 crore, against ₹ 1,272 crore in the year-ago period, weighed by a nearly …

Adani group eyes robust growth, shares ₹90,000 crore EBITDA target for 2-3 years
1 year, 5 months ago

Adani group eyes robust growth, shares ₹90,000 crore EBITDA target for 2-3 years

Hindustan Times  

Embattled Adani group is eyeing a 20 per cent year-on-year growth in pre-tax profits to reach ₹90,000 crore EBITDA in 2-3 years on the back of robust growth in businesses ranging from airports to energy, according to notes in an investor presentation. Adani is expected to see an increase of more than 20 per cent in EBITDA on a consolidated …

' ₹3,200 cr loss for LIC so far…': Mahua Moitra's jab on Adani stocks' report
1 year, 9 months ago

' ₹3,200 cr loss for LIC so far…': Mahua Moitra's jab on Adani stocks' report

Hindustan Times  

Trinamool MP Mahua Moitra has pressed finance minister Nirmala Sitharaman for answers over state-run Life Insurance Corporation's exposure to the embattled Adani Group, flagging a news report that said the value of its holding in Adani companies had - for the first time - dropped below the purchase price by nearly 11 per cent to settle at less than ₹27,000 …

Adani to use $2.5 billion share-sale proceeds for capex, debt repayment
1 year, 11 months ago

Adani to use $2.5 billion share-sale proceeds for capex, debt repayment

The Hindu  

India's Adani Enterprises will use the proceeds of the ₹200 billion follow-on public offering, beginning on January 27, for capital expenditure requirements and pay off some debt of its units. The company will use ₹108.69 billion from India's biggest FPO to fund green hydrogen projects, airports facilities and greenfield expressways, the Indian billionaire Gautam Adani-helmed firm said in its latest …

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