Adani Group and Aditya Birla Group are set to enter the high-growth wires and cables sector, challenging an industry dominated by smaller, unorganized players. This move is expected to disrupt the market significantly. Both conglomerates have invested heavily, with Adani forming a joint venture and Aditya Birla announcing a major investment and plans for a new plant.
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Indian companies shattered fundraising records in 2024, raising over ₹1.2 lakh crore through Qualified Institutional Placements (QIPs) by November. This surge, driven by a robust stock market and high valuations, doubled the previous year's figures. Giants like Vedanta and Zomato led the charge, each raising ₹8,500 crore.
In 2025, HR will be shaped by hybrid work models, mental health focus, DEI advancements, and AI integration. Demand for specialized talent and rising CXO salaries will be notable trends, with green energy and AI-driven sectors leading in compensation. Skill development remains crucial for workforce competitiveness.
Emami's MD, Harsha Vardhan Agarwal, new Ficci president, states that consumption slowdown, impacted by inflation, will take a few quarters to normalize. He suggests controlling inflation and boosting government spending to revive demand, noting a mixed bag for FMCG with rural uptick and urban slowdown.
Infra.Market, a profitable B2B startup founded in 2016, has raised $121 million at a valuation of $2.8 billion in a pre-IPO investment round from investors including Tiger Global and Evolvence. The company manufactures and supplies construction materials to major businesses and reported net profits of Rs 378 crore in financial year 2023-24.
The government plans to transform India Post into a large logistics organization to support the rural economy. With 1.5 lakh rural post offices and the India Post Payment Bank, it aims to offer services like rural community hubs, institutional accounts, and credit services to micro enterprises.
Bitcoin soared to a new all-time high, fueled by President-elect Trump's pro-crypto stance and MicroStrategy's inclusion in the Nasdaq 100. MicroStrategy's recent $1.5 billion Bitcoin purchase and Trump's support for a national Bitcoin reserve boosted investor confidence. This positive sentiment drove Bitcoin's seven-week winning streak, its longest since 2021, and increased demand for crypto ETFs.
The net direct tax collection in India has grown by 15.88% to approximately Rs 16.90 lakh crore so far in the current fiscal year, with personal income tax accounting for over Rs 8.74 lakh crore and corporate tax at around Rs 7.68 lakh crore. Gross direct tax collection has reached over Rs 20.
Srinivas Phatak will assume the role of Unilever's acting CFO on March 1. Current CFO Fernando Fernandez will be elevated to CEO position. Phatak, a seasoned Unilever executive, has extensive experience spanning finance and supply chain roles. Unilever will conduct a search for a permanent CFO. Unilever praised Phatak's leadership and experience to aid in executing its strategy.
Restaurants are planning to challenge food delivery giants Zomato and Swiggy by partnering with the government-backed ONDC to launch private label food and regain control over their digital presence and customer data. This move aims to lower costs, choose their own logistics partners, and reduce dependence on commissions up to 35% charged by Zomato and Swiggy.
Employees in India can expect a 9.4% salary increase in 2025, driven by economic growth and high demand for skilled talent. The automotive sector leads with a projected 10% rise, while manufacturing and engineering follow closely. Voluntary attrition is anticipated to stabilize at 11.9%, and 37% of organizations plan workforce expansion to meet demand.