Auto, telecom, retail, and e-commerce lead India’s CY24 IPO boom: Report

A significant portion of funds raised—43%—was concentrated among just five companies: Hyundai Motor (Rs 278.6 billion), Vodafone Idea (Rs 180 billion), Swiggy (Rs 113.3 billion), NTPC Green (Rs 100 billion), and Vishal Mega Mart (Rs 80 billion). Notably, companies from 23 different sectors participated in the IPO market this year, further underscoring its diversification. (Image source: Moneycontrol)

Automobiles emerged as a standout performer, with its contribution rising sharply from 4.1% in CY23 to 20.2% in CY24. Telecom also increased its share from 0.1% in CY23 to 12.8% in CY24, while e-commerce climbed from 1.6% to 8.2%.

India’s Research & Insights industry hits $3.2 billion, driven by 12.6% growth in FY2024

"Try hiring people yourself the next time you do a round of creative hiring. It’s one of the most inspiring things I could have done, meeting so many interesting minds out there in a fortnight," writes veteran adman Rayomand J Patell. (Image Source: Unsplash)

While traditional FMCG segments face slow volume growth, demand for research from retail and e-commerce is keeping momentum strong.

Hiring 2.0: How India’s CEOs are leveraging social media and campus tours to attract talent

CEOs across industries are stepping out of the boardroom, directly engaging with prospective talent, particularly at premier schools like the Indian Institutes of Management, Indian Institutes of Technology and the Indian Institute of Science.

Bhavish Aggarwal’s recent visits to IITs and IIMs, paired with Deepinder Goyal’s unconventional use of social media to recruit a Chief of Staff, reflect a growing trend: CEOs are no longer content to leave hiring solely to HR teams.

RAI opposes proposed GST rate hike on apparel, cosmetics

Indian Sellers Collective has identified five immediate fall-outs which will hurt the business environment.

The Retailers Association of India (RAI) said that a steep GST hike could make formal businesses less competitive, pushing smaller players and traders towards parallel and unorganised markets

What are the Most Trusted Professions in India in 2024? Find out. 

The Apps would considerably enhance the capability of the CCPA in taking suo moto action against dark patterns.

Professions topping the distrust list in India were politicians (31%), cabinet officials/ govt ministers (28%) and clergy/ priests (27%). These were followed by the police (28%), advertising execs (25%), tv news anchors/ readers (25%), govt. employees/ civil servants (24%).