UPI Transaction Growth Falls From 33.5% to 23.5% in FY27
UPI transaction growth slowed to 23.5% year-on-year in the first four months of FY27, down from 33.5% a year earlier.
Section
Category: Companies & Business
News on major companies, retail and consumer brands.
HAL Restarts Su-30MKI Production at Nashik: 12 New Fighters to Join IAF by 2029
HAL has restarted Su-30MKI production at Nashik, with 12 new fighters set to join the Indian Air Force by 2029.
Dabur Sues FSSAI Over ‘100% Pure’ Trademark Ban
Dabur has taken FSSAI to the Delhi High Court over the regulator’s action against food products carrying “100%” purity claims.
MySpace Comeback: Owners Plan Relaunch as Alternative to Algorithm-Driven Social Media
MySpace’s owners plan to relaunch the platform, positioning it as an alternative to today’s algorithm-driven social media.
India Crosses 300 GW Non-Fossil Capacity, 60% of 2030 Target
India has crossed 300 GW of installed non-fossil power capacity, about 60% of its 500 GW target for 2030.
Purchase of Banks’ Bad Loans Jumps 50% Worth ₹15,000 Crore in Q1
Purchases of banks’ bad loans by asset reconstruction companies jumped about 50% to ₹15,000 crore in the June quarter.
Infosys Wins 10-Year IT Deal From Crocs Worth $300 Million
Infosys has won a 10-year, $300 million agreement from Crocs to modernise the footwear company’s business and IT operations.
Ecommerce Sales Growth May Slow to 10-15% as Costs Rise and Discounts Shrink
India’s ecommerce sales growth may slow to 10-15% this festive-season run-up as raw-material, packaging and fuel costs rise and discounts…
Aditya Birla Fashion to Corporatise Sabyasachi With New 51%-Owned Company
ABFRL is corporatising its Sabyasachi partnership through a new company, Sabyasachi India Ltd, in which it will hold 51%.
Titan Ad Spend Rises 33% to ₹436 Crore in Q1
Titan raised advertising spend 32.9% year-on-year to ₹436 crore in Q1 FY27 as premiumisation drove jewellery and watch demand.