Rishita Sharma

Digging deep into the world of business and startups, I am an up-and-coming writer with an entrepreneurial knack. With an aim to bring hot trends of the business world, my collection will bring you the best of all.
Aditya Birla Group To Invest Rs 2000 Cr In B2B Commerce

Aditya Birla Group To Invest Rs 2000 Cr In B2B Commerce

Aditya Birla Group said on Tuesday, 19 July, that it would invest Rs 2000 crore in B2B commerce for the building segment over the next five years. Grasim approves the investment plan.  Tech unicorns like Infra Market and OfBusiness have become major players in the building material segment of business-to-business eCommerce over the last few…

Ganesh Mani Appointed As Chief Of Operations At Ashok Leyland

Ganesh Mani Appointed As Chief Of Operations At Ashok Leyland

Ashok Leyland, the Indian flagship of the Hinduja Group and India’s leading commercial vehicle manufacturers, announced the appointment of Ganesh Mani as President and Chief of Operations. In his role, he will head the entire operations of Ashok Leyland including Manufacturing, Sourcing, and Supply Chain, the company said in a press release.  In regard to…

Indian Soft Toy Market Valued $1.35 Billion in 2021

Indian Soft Toy Market Valued $1.35 Billion in 2021

The Indian toys market witnessed immense growth last year, valued at $1.35 billion. Looking forward, IMARC (International Market Analysis Research and Consulting) Group expects the market to reach US$2.73 billion by 2027, exhibiting a CAGR (Compound Annual Growth Rate) of 12.6% during 2022-27.  “Keeping in mind the uncertainties of COVID-19, we are continuously tracking and…

Rupees Hits Record Low Of 79.36 Against US Dollar

Rupees Hits Record Low Of 79.36 Against US Dollar

Indian currency, Rupee plunges by 41 paise to close at a fresh lifetime low of 79.36 against the US Dollar on Tuesday due to the greenback overseas and unrelenting foreign fund outflows.  At the interbank forex market, the local unit started at 79.04 against the greenback and witnessed an intra-day high of 79.02 and a…

Out Of 100 India’s Unicorns, Only 18 Have Yielded Profit

Out Of 100 India’s Unicorns, Only 18 Have Yielded Profit

Google-backed neobank Open became the 100th unicorn of India with a $1 billion valuation. There are a total of 100 unicorns in India, including Mamaearth, EaseMyTrip, Ola, and Flipkart to name a few. But how many of these are profitable?  According to the statistics from the media portal, only 18 unicorns have achieved profitability. Reports…

IMF Appoints Krishna Srinivasan As Director Of APD

IMF Appoints Krishna Srinivasan As Director Of APD

Kristalina Georgieva, Managing Director, International Monetary Fund reported the appointment of Krishna Srinivasan as Director of the Asia and Pacific Department. Mr Srinivasan will take charge from June 22.  As per an IMF statement, Mr Srinivasan will replace Changyong Rhee who is all set to retire and his retirement was announced on March 23.  In…

Zomato Board Likely To Sign Blinkit Deal Next Week

Zomato Board Likely To Sign Blinkit Deal Next Week

The board members of food tech giant Zomato will meet on June 17 to sign off the acquisition of the quick-commerce platform Blinkit (formally known as Grofers). Before this, in August 2021, Zomato invested around $100 million into Blinkit and revealed its plan to invest a total of $400 million. At that time, Zomato earned…

Best Startups In Solar Engineering in India

Best Startups In Solar Engineering in India

The world is quickly moving toward renewable energy, and in the last few years, so many solar startups have been introduced in India to reduce the use of natural sources. Some are the best startups in solar engineering in India that provide end-to-end solutions in the market and individuals in India.  Not only are they…

India’s Q1 GDP Growth Slows From Previous 2 Quarters

India’s Q1 GDP Growth Slows From Previous 2 Quarters

India’s economic growth is likely to stumble again in the first quarter of this year due to Omicron-related restrictions and higher inflation, according to the reports.  The reason behind this consecutive drop in the GDP is the surge in COVID-19 infection caused by the coronavirus variant – Omicron, which resulted in restrictions on the activity…

PN Vasudevan Resigns As MD And CEO Of Equitas Bank

PN Vasudevan Resigns As MD And CEO Of Equitas Bank

Equitas Small Finance Bank’s managing director and chief executive officer, PV Vasudevan, informed the board about his resignation on Thursday.   Vasudevan is the founder of the Equitas Small Finance Bank. The board, in its meeting on 19th May, has taken the letter on record and wishes to take his deep contribution over the years on…