FinSiddhi

Mahindra & Mahindra is proactively managing potential rare earth magnet supply disruptions caused by China’s export restrictions. The company is securing alternative sources for the next nine months and investing in engineering solutions for long-term supply chain resilience. While Maruti Suzuki and Hyundai India haven’t faced production impacts, M&M is preparing for future growth amid…

Decathlon aims to reach nearly a billion-dollar in sales in the Indian sports market within five years, driven by retail expansion and a growing sports culture. The company plans to expand to over 90 cities by 2030, targeting revenue of around Rs 8,000 crore.

Indian Hotels Company is focusing on developing properties in North East India. This move aligns with India’s ambition to develop the region. IHCL has plans for new hotels in Assam, including Jagiroad and Kaziranga. The company will upgrade the Vivanta in Guwahati to Taj. IHCL also signed its first Taj Palace property in Agartala, Tripura.

Kalyan Jewellers is set to expand significantly. The jewellery retailer will launch 170 new stores via franchises. This growth targets both Indian and international markets. The company aims to reduce its debt through this expansion. Focus will be on non-south Indian regions. Kalyan also plans to strengthen its manufacturing capabilities. They are optimistic about market…

Union Textiles Minister Giriraj Singh will convene with industry leaders next week to assess the potential consequences of the US’s 25% tariff imposition on Indian goods. The meeting will explore strategies to mitigate the impact and capitalize on opportunities presented by the recently signed UK-India FTA.

BSNL and Numaligarh Refinery Limited (NRL) have signed an agreement to deploy India’s first 5G captive non-public network in the refinery sector. This collaboration aims to establish secure, ultra-reliable, and real-time industrial connectivity, leveraging indigenous 5G infrastructure for mission-critical operations. The partnership is expected to create replicable models for other industrial sectors, supporting India’s digital…

VinFast has inaugurated its Chennai showroom, its second in India after Surat, marking a significant expansion in the country’s EV market. Located in Teynampet, the 4,700 sq. ft facility is the largest among VinFast’s planned showrooms and will showcase the VF 6 and VF 7 models.

Railway Minister Ashwini Vaishnaw announced that India’s first bullet train will start soon. It will reduce travel time between Mumbai and Ahmedabad. The train will cover 508 km, connecting major cities. New railway projects are also underway in Gujarat, Madhya Pradesh, and Chhattisgarh. The government has laid 34,000 km of new tracks and is redeveloping…

With an eye on its ambitious Rs 32,500 crore sales goal, Godrej Properties remains confident in the strong housing demand, even as the market finds its footing. The first quarter saw a slight dip in pre-sales, primarily due to a challenging base effect and some delays in launching new projects.

India has opted not to direct its oil refiners to cease purchasing Russian oil, as officials carefully navigate the complexities of energy demands alongside diplomatic relations with US. While refiners have the flexibility to procure from preferred suppliers, Trump has openly criticised India for its ongoing partnership with Russia.