Industry Trends

Amit Jain-led CarDekho Group revenue rises 24% to Rs 2,795 crore in FY25; Losses narrow

Amit Jain-led CarDekho Group reported a 24% year-on-year increase in consolidated operating revenue to Rs 2,795 crore in FY25, up from Rs 2,250 crore in the previous financial year, supported by steady growth across its auto classifieds, fintech, shared mobility, insurance and international businesses. The Gurugram-based autotech company's consolidated losses narrowed marginally to Rs 266 crore in FY25 from Rs 276 crore a year earlier, excluding exceptional items and the share of losses in associates. The losses were largely attributed to continued investments and growth-stage losses in its insurance and Southeast Asia operations. As of March 2025, the group held net cash reserves of Rs 1,177 crore. On a standalone basis, which houses its core auto classifieds and financing operations, the company remained profitable for the second consecutive year. Standalone revenue crossed the Rs 1,000 crore mark in FY25, while profitability in the auto classifieds business improved by 60%, drive...

Industry Trends

Budget 2026: Trump tariffs or not, trade power should stay with India

India Budget 2026: A 1985 Plaza Accord saw global powers coordinate to devalue the dollar, impacting Japan severely. Today, similar economic conditions and Donald Trump's protectionist policies are reshaping global trade. India, historically less integrated, may find an unexpected advantage in this shift towards self-sufficiency, potentially mitigating direct trade shocks.

Industry Trends

Top 5 Laser Printers to Buy in India Right Now

This guide will help you choose the best laser printers available from different brands like HP, Canon, and more. The list offers a comprehensive look into different features, along with a dedicated buying guide to help you choose the right printer.

Industry Trends

‘Correction was overdue’: Kranthi Bathini on what investors should do

Indian markets extended their decline, with the Nifty falling below 26,000 due to profit-booking, global uncertainty, and heavy FII outflows. Proposed US tariffs of up to 500% on certain imports have rattled sentiment, leading to aggressive foreign selling and broad-based sector pressure, particularly in oil & gas and IT.

Industry Trends

Selective discretionary spending, wage hikes to shape IT Q3: Sushovan Nayak

Investors are watching IT sector earnings closely. TCS and HCL Tech are expected to show steady revenue growth. Deal momentum and AI integration will be key. Margins may face pressure from wage hikes. Currency movements could offer some support. The focus is on resilience rather than acceleration in this earnings season.