India is ideally placed to attract businesses looking to move out of China, finance minister Nirmala Sitharaman said in an interview to Deepshikha Sikarwar and Bodhisatva Ganguli. She also said the telecom ministry was looking into the adjusted gross revenue (AGR) issue. Edited excerpts
“Some of the companies are what I call emerging gems or crowned gems that are coming to the capital markets, having withstood a reasonable test of time. We are seeing a blend of unique companies, a combination of new age companies and also some of the newer sectors from the traditional space like chemicals, pharma, healthcare and the broader consumer space, ” point out Kotak Investment Bankings S Ramesh and Sourav Mallik.
A glance at the June quarter number shows KIMS has left Zomato miles behind. On a YoY basis, the hospital chain reported a 10-fold jump in profit, over a 4-fold jump in PAT margin and nearly four times growth in ebitda.
Grofers customers can now order more than 7,000 everyday essential items in Delhi, Gurugram, Mumbai, Bengaluru, Hyderabad, Kolkata, Jaipur, Ghaziabad, Noida and Lucknow.