Topic
revenue
Business DDA’s mega e-auction raises Rs 1,321 crore from 142 land and property assets
The Delhi Development Authority (DDA) has raised Rs 1,321.21 crore from the e-auction of 142 land and property assets across Delhi, nearly three times the cumulative reserve price of Rs 480.38 crore. The auction included residential, commercial, industrial and institutional plots, reflecting strong investor interest and the DDA's transparent digital platform.
Business Tata Consumer Products Crosses Rs 20,000 Crore Revenue, Eyes 25% Annual Growth From Acquisitions
Tata Consumer Products has surpassed Rs 20,000 crore in annual revenue. Chairman N Chandrasekaran said acquisitions Capital Foods, Soulfull and Organic India are expected to grow 25% per year. The Tata Starbucks joint venture turned profitable in FY26 and plans to add 50–100 stores annually.
Business India's Government Secures Rs 20,000 Crore via Disinvestment
The Indian government has raised Rs 20,000 crore through disinvestment and asset sales, achieving 25% of its annual target. This move comes as the government faces increased subsidy demands due to the West Asia conflict.
Business GST Collection Growth Slows to 3.2%, Lowest in Six Months
India's GST collection growth decelerated to 3.2% in May, marking the slowest pace in six months. The total collection stood at Rs 1,94,184 crore, with domestic revenue declining by 2.6%. Adjusted for a one-time telecom payment, the growth would have been 9%.
Business India's GST Revenue Climbs 3.2% to Rs 1.94 Lakh Crore in May
India's gross GST collections rose by 3.2% year-on-year to over Rs 1.94 lakh crore in May, driven primarily by a 19.1% increase in import revenues. Despite a decline from April's record collections, the growth underscores the significant role of imports in the country's tax revenue.
Commodities Indri Whisky's Global Expansion Targets 40% Revenue Growth
Piccadilly Agro Industries plans to increase its international revenue share to 40% by expanding the global presence of its Indri whisky. The company is focusing on new markets and duty-free tie-ups to achieve this growth.
Business Sri Narasu’s Coffee Targets ₹1,000 Crore Revenue with Regional Expansion
Sri Narasu’s Coffee aims for ₹1,000 crore revenue in five years, expanding into Karnataka, Kerala, and Andhra Pradesh. The company plans to leverage its strong presence in Tamil Nadu and focus on online channels and instant coffee products.
Business Bayer CropScience Q4 Profits Rise 13% Amid Revenue Growth
Bayer CropScience Ltd reported a 13% increase in Q4 profits to ₹162 crore, supported by a 5% rise in revenues to ₹1100 crore. The company remains focused on sustainable growth despite market challenges.