A report by CRISIL Ratings shows optimistic market sentiment as the tech industry in India, estimated at USD 254 billion, showed resilience in FY2024 achieving a 3.8 per cent year-on-year growth compared to 8.1 per cent in FY 2023.
Despite growth concerns, a modest FY2025 recovery is anticipated, with lingering challenges in H1 FY25 due to cautious spending. Demand revival is expected to be gradual, aided by conducive monetary policies and increased private capital expenditure targeting new markets and innovations.
The M&A activity experienced a notable resurgence, witnessing a significant 46 per cent rise in volumes and a remarkable 6x increase in values, resulting in a higher average ticket size of USD 11.3 million, up from USD 2.8 million in the previous quarter.
この記事は The Sunday Guardian の April 28, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は The Sunday Guardian の April 28, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
HONDA INAUGURATES GREEN R&D FACILITY IN BENGALURU
Honda Research and Development, a subsidiary of Honda Motor Co and functioning as Honda’s research and development arm for motorcycles and power products in India, has opened its new solution R&D centre in Bengaluru, Karnataka.
UAPA CASE: ALLEGED IM CO-FOUNDER GRANTED BAIL
The Delhi High Court has granted bail to Abdul Subhan Qureshi, co-founder of the banned terror organization Indian Mujahideen (IM), in a terror case.
LS POLL SLOWS DOWN CV VOLUME GROWTH
India’s general elections are slowing down the commercial vehicles (CV) industry with volumes for the domestic CV industry remaining muted as the base effect catches up and amidst a perceived pause in the infrastructural activities as the model code of conduct kicked in ahead of the polls.
HOW NORTH KOREA IS BENEFITING FROM THE WAR IN UKRAINE
Since the start of the war there has been a convergence of interests between Russia and North Korea. Put simply, Moscow has an acute need for munitions and Pyongyang is a willing supplier.
USCIRF report on religious freedom in India ill-conceived
The compilations of events and cases in India, without an effort to understand the complexity of Indian society, marked by plurality, diversity and democratic ethos, actually makes the documenta half-baked exercise.
LOK SABHA ELECTIONS TAKE A MODI VS RAHUL TURN
Prime Minister Modi new strategy is to surround the Congress with new issues in every phase.
SP AIMS TO RECLAIM KANNAUJ AS IT FACES BJP INCUMBENT IN A FIGHT
SP aims to reclaim Kannauj stronghold; BJP counters with incumbent MP Subrat Pathak; issues include perfume industry, agriculture, infrastructure.
Kejriwal instructs cadre to ensure Kanhaiya's victory
Asource close to Kanhaiya Kumar said, Kejriwal has not done this for other constituencies. His instructions are especially for the constituency from where Kanhaiya Kumar is contesting.’
REPORT BUSTS PROPAGANDA ON INDIA'S TREATMENT OF MINORITIES
Unlike in India, where the majority’s share has gone down, Muslim majority countries in the neighbourhood have witnessed an increase in share.
CHINESE MEDIA REVOKES ENTRIES FROM SOUTH ASIAN JOURNALISM AWARDS
This move is being initiated by the Chinese media organisation due to rising domestic pressure on those seen to be cooperating with foreign entities.