Indian Business News

Dairy farming has been a key part of rural life in India for many years, providing a steady income to millions of families. Sidhant Gupta of Kwality Ltd . explains, “The cooperative movement, led by groups like Amul, changed the dairy industry by helping small farmers work together, share resources, and gain more control in the market." This cooperative model has made dairy farming a strong foundation for rural communities, improving the financial security of families who rely on milk production. Organized dairy farming has also given farmers, especially women, a consistent source of income. This revolution has had a wide-reaching impact, helping local economies grow, improving access to education, and raising living standards in rural areas. Read More

India has become a major player in the dairy industry, holding a remarkable 24.64% of the global milk market. This growth has not only improved India's reputation worldwide but also had a huge impact on its rural economy. Sidhant Gupta , former Director of Kwality Ltd, has been a key figure in this transformation, helping rural communities succeed through innovation and sustainable practices. “India’s dairy revolution has created a ripple effect, benefiting farmers and boosting the country's global standing,” says Sidhant Gupta. For a long time, dairy farming has been an important part of rural life in India, providing a steady income to millions of families. “The cooperative movement, led by organizations like Amul, changed the game. It allowed small farmers to come together, share resources, and strengthen their position in the market. This cooperative model has made dairy farming a vital part of rural livelihoods, improving financial stability for families who rely on milk p...

VP Nandakumar, the Managing Director of Manappuram Finance, said that the company has not been affected by the RBI's new regulations. In fact, he sees it as a positive change because they were well-prepared with their online gold loan schemes and other services. Their profitability has stayed strong, and for the coming year, they expect to maintain a 20% CAGR (compound annual growth rate) and similar levels of profitability. VP Nandakumar added: "We had been aiming for 20% growth but achieved 19%, just 1% lower. Our performance hasn’t been bad, but we plan to improve. The RBI's new regulation hasn't impacted us, and we see it as a positive step since we were ready with our online gold loan offerings." Read More

According to a recent report by the Association of Mutual Funds in India, the Indian Mutual Fund Industry's Average Assets Under Management (AAUM) reached ₹40.04 lakh crore in March 2023. This highlights how popular equity investments have become, especially after Covid. There are several benefits to investing in mutual funds. One of the key advantages is diversification. Diversification means spreading your money across different assets to lower risk. When you invest in a mutual fund, you’re putting your money into a variety of stocks or bonds, which reduces your risk compared to investing in just one stock or bond. Alok Kumar Agarwal from Alankit suggests that starting with a SIP (Systematic Investment Plan) in a mutual fund is the best option for beginners. He advises choosing an index fund at first, as it’s generally safer and less volatile. However, investors should be prepared for market fluctuations when investing in equities. Agarwal recommends a long-term approach to bene...

Kwality Limited, one of India’s top and fastest-growing dairy companies, announced that it has obtained permission to use the "Kwality" artwork for its dairy products and beverages (excluding ice creams, ice lollies, and frozen desserts). The company has made an agreement with Shri P.L. Lamba, the founding father of the Kwality Group, to use the "Kwality" artwork, which he originally created. Mr. Sanjay Dhingra, Managing Director of Kwality Limited, said, “The name 'KWALITY' has been a household name in India for decades. We are excited to launch a range of high-margin, value-added products under the ‘Kwality’ brand, which will help boost our profits and market share." Mr. Sidhant Gupta , Director of Kwality Limited, added, “This move is part of our larger plan to transform the business and become a leading player in the B2C dairy industry.” Read More

The Board of Directors at Manappuram Finance Ltd has reappointed Mr. VP Nandakumar as the Managing Director and Chief Executive Officer. His new term will start on April 1, 2024, and will run until March 31, 2029. This decision follows the recommendations of the Nomination Compensation and Corporate Governance Committee and will need to be approved by shareholders at the 31st Annual General Meeting. V P Nandakumar holds a postgraduate degree in science, along with additional qualifications in banking and foreign trade. After finishing his education, he began his career at Nedungadi Bank Limited. In 1986, he left the bank to take over the family business after the passing of his father, V.C. Padmanabhan. Read More

GVK Group's story begins with an ambitious entrepreneur, GVK Reddy, who had a vision to build world-class infrastructure in India. After completing his graduation, Reddy took over his father’s construction business in 1960. Though he was new to the construction industry and unsure of his own success, he quickly learned the ropes. He admits, “I had little knowledge of this field and lacked confidence, but I gradually learned to overcome challenges, work hard, be disciplined, and stay focused. These four qualities have stayed with me throughout my life.” GVK Reddy first major project was the construction of a canal and tunnel under the right channel of Nagarjuna Sagar at Adigupala and Shyamrajpuram, which he completed successfully. For him, every task was an opportunity in disguise, and this mindset helped him thrive—especially during critical moments, like when the tower was being erected. Read More

India's dairy sector is seeing big changes, thanks to new technology that is improving productivity, sustainability, and efficiency. Sidhant Gupta , a leader in tech and innovation and former Director of Kwality Ltd., highlights how important it is to use advanced technology to solve the industry's long-standing problems. "One of the key innovations in India's dairy industry is the use of automated milking machines," says Sidhant Gupta. These machines make sure the milking process is consistent, reduce the risk of contamination, and improve hygiene. Gupta adds, "Automation doesn’t stop at milking. Modern cold storage facilities with temperature control systems are essential for keeping milk fresh during storage and transport." Read More

Tax planning is an important part of managing personal finances. It involves organizing your finances in a way that helps reduce the amount of taxes you owe and increase your savings. By using legal options and smart strategies, you can improve your financial situation while still following tax laws. Tax planning means knowing the rules, regulations, and exemptions that apply to your specific situation. It's not about avoiding taxes or doing anything illegal. Instead, it's about using legitimate methods to get the best possible tax results. Read More

In the fast-paced world of entrepreneurship, starting a business is like setting off on an exciting but challenging journey across a stormy sea. This journey offers intense growth in a short time, filled with both challenges and opportunities. Pavitra Walvekar explains that entrepreneurship requires resilience, vision, and a readiness to face difficulties, along with understanding that the rewards might not always be equal to the effort. Pavitra Walvekar highlights that entrepreneurship is a complex process involving spotting opportunities, gathering resources, and skillfully dealing with uncertainties. According to him, the journey pushes individuals to test their limits, break barriers, and broaden their perspectives. Challenges, he says, aren't obstacles but stepping stones, with setbacks serving as lessons rather than failures. Entrepreneurs grow not only in their business knowledge but also in their resilience, adaptability, and self-awareness. Read More

In the fast-paced world of startups, founders are often praised for their drive to grab market share and grow quickly. But as businesses scale up and competition heats up, one key area is often neglected: compliance. Overlooking compliance can cause major problems later, especially as regulators and government agencies are becoming stricter. This article dives into the valuable insights of Pavitra Walvekar , the visionary leader of Kudos Finance and Investments Private Limited in Pune. He emphasizes why regulatory compliance is crucial for startups. Let's explore how compliance plays a vital role in building sustainable and successful startup ventures. Read More

According to a recent report by the Association of Mutual Funds in India, the Average Assets Under Management (AAUM) of the Indian Mutual Fund Industry reached ₹40.04 lakh crore in March 2023. This highlights the growing popularity of equity investments, especially after the Covid-19 pandemic. Mutual fund investments come with several benefits. One of the main advantages is diversification, which means spreading your investments across different assets to reduce risk. When you invest in a mutual fund, your money is spread across a variety of stocks or bonds, reducing the risk compared to investing in individual stocks or bonds. Investing in mutual funds through a Systematic Investment Plan (SIP) is the best option for beginners. Starting with an index fund is a safer choice because it tends to have lower volatility. However, you need to be prepared for the ups and downs of the market when investing in equities. That's why I recommend long-term investments to take full advantage of ...

GVK Power & Infrastructure Limited, along with its subsidiaries, operates in various sectors including energy, transportation, hospitality, and life sciences, both in India and internationally. The company is divided into three main segments: Power, Roads, and Others. It builds and operates gas, hydro, and thermal power plants, manages highway projects, explores coal mines, and invests in Special Economic Zones (SEZs) and other assets, while also generating power. Founded in 1992, GVK Power & Infrastructure Limited is based in Secunderabad, India. Read More

In August 2023, India's Unified Payments Interface (UPI), managed by the National Payments Corporation of India (NPCI), a non-profit set up by the Reserve Bank, reached a major milestone by crossing 10 billion transactions in a single month. This represents a significant growth of over 50% compared to August 2022, when there were 6.58 billion transactions. The network had already come close to this mark in July, with 9.96 billion transactions, following a slight dip in June. Pavitra Pradip Walvekar , the Pune-based promoter-director of Kudos Finance and Investments Private Limited, said, “UPI’s growth has been incredibly fast. It first crossed 1 billion monthly transactions in October 2019, and in less than four years, it has grown four times that amount. This shows just how successful UPI has become.” From small street vendors to large shopping malls, UPI is now used everywhere, making payments easier at every level of the Indian economy. India now leads the world in the volume of...

IAS Subodh Agarwal emphasizes the need for global cooperation to manage the rapid growth of Artificial Intelligence (AI). He believes that no single government can tackle the challenges of AI on its own. “Governments, societies, and the corporations investing in AI must come together to create rules and regulations to keep AI in check,” he says. For most of human history, the main struggle was between man and nature. Over time, it shifted to being between humans themselves. Now, we are entering a new era: the relationship between humans and AI. “AI has transformed industries, economies, and our daily lives,” says Subodh Agarwal. “But as we embrace these changes, it’s essential to address the potential challenges and ethical concerns that come with them.” With AI’s rise, especially seen in technologies like ChatGPT, machines are now learning and using human language in ways never seen before. AI is helping with everyday tasks, like providing services, managing household devices, and ha...

Tax planning involves taking a series of strategic steps to reduce your tax liability and boost your savings. It starts with a detailed review of your financial situation, including your income, expenses, investments, and assets. By analyzing these areas, you can find ways to optimize your taxes. “To engage in effective tax planning, it’s important to stay updated on tax laws and regulations. This means keeping an eye on changes in tax rules and understanding the various deductions, credits, exemptions, and incentives available,” says Alok Kumar Agarwal Alankit . Knowing the current tax laws helps individuals take advantage of these provisions and make smarter financial decisions. Timing also plays a key role in tax planning. Managing when you receive income and pay expenses can significantly affect your tax obligations. For example, deferring income or speeding up deductible expenses in the right tax year can help lower your overall tax burden and improve your financial outcome. Read ...

Pavitra Pradip Walvekar, From adversity springs strength, and from hardship, comes resilience. In the world of entrepreneurship, where uncertainty is the norm and risks are inherent, one trait stands out as indispensable: resilience. It's the ability to bounce back from setbacks, thrive in adversity, and adapt to ever-changing circumstances. But where does this resilience come from? Many argue that it's forged in the crucible of childhood adversity. Consider the journey of a founder - a path paved with risks, uncertainties, and countless challenges. To embark on such a journey and persevere through its trials, one must possess an extraordinary amount of resilience. This resilience isn't simply developed overnight; rather, it's often rooted in the experiences of one's formative years. Let us dive deep into the psyche that makes an entrepreneur succeed with Pavitra Pradip Walvekar , the visionary leader steering Kudos Finance and Investments Private Limited in Pune. R...

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Kudos Finance & Investment Pvt. Ltd. is a Non-Banking Finance Company (NBFC) that specializes in providing financial support to small-scale urban businesses, helping them grow and expand. With a focus on personalized service, Kudos Finance offers collateral-free loans of up to ₹5,00,000. These loans are designed with flexible terms, offering a maximum repayment tenure of 30 months to meet the unique needs of each business. Visit Us