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TIER 2 MARKETS
Hyundai Motor India expects 30 pc sales to come from rural markets in 3-4 years: MD & CEOHyundai expects rural India to contribute around 30% of its sales within four years, up from 25.9% in Q1FY27. Rural sales grew 23% during t...- Novartis India to pursue therapy-aligned acquisitions; eyes expansion in Tier 2 and Tier 3 marketsNovartis India plans acquisitions and deeper market penetration for future growth. The company will focus on five key therapy areas for exp...
- Shalimar acquires 3-acre Lucknow land parcel for ₹450 crore, highest in tier 2 cityShalimar Corp has acquired a three-acre land parcel in Lucknow for ₹450 crore. This acquisition marks a significant deal within tier two ci...
- Behind Sugar Cosmetics down round: valuation to crash 80% in A91 bailoutSugar Cosmetics is raising fresh capital from existing investor A91 Partners at a valuation more than 80% below its peak. The funding comes...
- Rays of Belief IPO allotment likely today: GMP signals 5% listing gain. Here’s how to check statusRays of Belief IPO allotment is expected to be finalised today, September 4, after the Rs 125 crore issue was subscribed 107.71 times. The ...
- Max Healthcare to invest Rs 6,200 cr to reach 10,000-bed capacity in 3 years: CMDMax Healthcare plans to expand its bed capacity to ten thousand beds. This significant expansion will involve an investment of approximatel...
- India’s $100-billion GCC boom runs into an engineer talent puzzleIndia's Global Capability Centres sector is rapidly expanding and generating significant revenue. However, a substantial gap exists between...
- India’s auto parts makers face a new race: Localise, innovate, leadIndian auto leaders and ministers emphasized deepening localization for global supply chain strength. They stressed owning more value chain...
- India's e-commerce market to hit USD 345 bn by 2030; dark stores to triple: ReportIndia's e-commerce market will nearly triple to USD 345 billion by 2030. Quick commerce is the fastest-growing segment, contributing signif...
- Samir Arora backed Helios Mutual Fund crosses Rs 15,000 crore AUM in 3 years, grows 200% in 1 yearSamir Arora-backed Helios Mutual Fund’s AUM crossed Rs 15,000 crore in August 2026, growing 200% year-on-year. Equity schemes account for o...
- Auto industry must turn disruption into strength, says Maruti Suzuki CEOThe auto sector must become stronger due to disruption in the next decade. Deep localization, people development, collective learning, and ...
- Maruti Suzuki CEO flags global supply risks, calls for deeper localisation across automotive supply chainMaruti Suzuki's MD urged deeper localisation for India's manufacturing growth. Global supply chains are reconfiguring, creating opportuniti...
- Amazon Now to take asset-light route, taps More Retail stores in smaller cities“We’re using their existing store infrastructure, which exists across multiple towns, and using those almost like pseudo-fulfilment centres...
- Rays of Belief IPO Day 2: GMP holds at 16%; subscription hits 1.18x. Should you apply?Rays of Belief IPO entered its second day of bidding after receiving a healthy response on Day 1, led by retail investors. The issue’s GMP ...
- Midsize Indian IT firms set to capture majority of FY27 growthMidsize companies offer clients more specialisation, better cost, greater access to senior management, flexible contract terms and the opti...
- Indians to stay US capital’s top-spending visitors: Destination DC CEOIndian travellers are expected to remain Washington, DC’s highest-spending international visitors in 2026 and 2027 despite travel headwinds...
- Niyo to acquire Capital India’s RemitX forex business for Rs 11.4 croreThe transaction will be undertaken through Kanji Forex, Niyo’s wholly owned subsidiary, and will also bring the RemitX brand and more than ...
- Rays of Belief IPO opens: GMP at 20%; Check price band, lot size and key detailsRays of Belief IPO opened for subscription on Tuesday, with the Rs 125-crore issue entirely comprising a fresh issue of 52.30 lakh shares. ...
- Clean-air solution startup Yoga Clean Air raises Rs 20 crore from Info Edge Ventures, othersFounded by Sachin Panwar in 2010 with Deepak Raina and Gaurav Nagar, the company develops indoor air quality systems for homes, schools, ho...
- Park Medi World to expand hospital network across north India, add 1,450 beds by FY28Park Medi World plans to add 1,450 beds by FY28, expanding its northern India network. The hospital chain focuses on Tier 1, 2, and 3 citie...
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