Latest news with #AneekaChatterjee
&w=3840&q=100)
Business Standard
3 days ago
- Business
- Business Standard
DHL Express top-line is growing at 12% CAGR in India: SVP-South Asia
DHL Express India is growing at 11-12 per cent CAGR and has expanded its Bengaluru airport footprint with a Rs 34 crore investment to handle SME shipment volumes Aneeka Chatterjee Bengaluru Listen to This Article Germany-headquartered logistics major DHL Express is growing at a compound annual growth rate (CAGR) of 11–12 per cent in India, R S Subramanian, senior vice-president, South Asia, told Business Standard. The top executive noted that India continues to contribute 10 per cent by value to the overall Asia-Pacific portfolio. 'Growth is our big focus. The express industry grows at 1.5 times the Gross Domestic Product (GDP) and every year we have surpassed the mark. Hence, our CAGR in topline in India is growing nearly about 11-12 per cent,' Subramanian said. Eyeing the continued growth momentum, DHL Express has announced the
&w=3840&q=100)
Business Standard
18-06-2025
- Business
- Business Standard
Realty firms eye senior living as rising demand reshapes home market
Rising elderly population, demand for wellness-led housing drive real estate firms to invest over ₹3,000 crore in senior living projects with healthcare, luxury facilities Aneeka Chatterjee Bengaluru Listen to This Article Realty companies are increasingly looking at senior living residential projects as a future revenue opportunity, as demand for high-end apartments with healthcare and medical facilities within complexes is expected to rise. Developers including the Max group, PioneerUrban, Lifebridge Group, and others like Manasum Senior Living, Ashiana Housing, Primus Senior Living, and Paranjape Schemes with its Athashri brand are expanding within this segment. Most prefer multi-generational projects, which include senior-specific residences as part of a larger residential complex, while others are venturing into dedicated developments. 'We are foraying into senior living. Our first project will be launched before the end of
&w=3840&q=100)
Business Standard
04-06-2025
- Business
- Business Standard
Liquor market: Microbreweries get a fresh fund pour to scale up biz
A microbrewery is a small-scale brewery that produces limited quantities of beer, typically upto 10 hecta litres per batch Aneeka Chatterjee Bengaluru Listen to This Article Microbreweries like Bengaluru-based Toit, Pune-based Big Little Brew Pub, and Hyderabad-based RedRhino Craft Brewery are raising fresh funding to expand and scale up operations amid the growing popularity of craft beers. A microbrewery is a small-scale brewery that produces limited quantities of beer, typically upto 10 hecta litres per batch. These entities are doubling down on growth as they look to strengthen their footprint, either by entering new territories or opening more outlets within India's beer capital, Bengaluru. Ironhill, for instance, is looking to raise ₹30 crore, which includes funds for a commercial brewing plant for kegging (the process of
&w=3840&q=100)
Business Standard
22-05-2025
- Business
- Business Standard
Century to unlock ₹14,000 cr GDV with ₹1,850 cr boost from investors
The funding, led by Ares Asia and SC Lowy, will support both ongoing and upcoming projects in the city across residential and commercial verticals Aneeka Chatterjee Bengaluru Listen to This Article Bengaluru-headquartered Century Real Estate aims to unlock ₹14,000 crore in Gross Development Value (GDV) over the next five years, following the successful securing of ₹1,850 crore in debt funding. The funding, led by Ares Asia and SC Lowy, will support both ongoing and upcoming projects in the city across residential and commercial verticals. The funding round, led by Ares Asia, brought in approximately ₹1,600 crore in two tranches, with SC Lowy contributing ₹250 crore. Speaking on the funds raised, Ravindra Pai, managing director, Century Real Estate, said: 'Securing the fund is a testament to the trust our financial partners place
&w=3840&q=100)
Business Standard
19-05-2025
- Business
- Business Standard
5 launches ahead; leading the GLP-1 market: Biocon Biologics MD & CEO
Achieving 15 per cent year-on-year growth, with nearly four biosimilars with $200 million in revenue, is a big feat, says Tambe Anjali Singh Aneeka Chatterjee Listen to This Article Biocon Biologics (BBL) reported robust growth in 2024-25 (FY25), driven by rising biosimilar market share in the US and emerging markets (EMs). Its Managing Director and Chief Executive Officer Shreehas P Tambe, in conversation with Anjali Singh and Aneeka Chatterjee, outlines the company's product pipeline, insulin strategy, glucagon-like peptide-1 (GLP-1) plans, and efforts to strengthen global presence. Edited excerpts: What were the key drivers for BBL's growth in the fourth quarter of FY25? Achieving 15 per cent year-on-year revenue growth, with nearly four biosimilars generating $200 million in revenue, is a huge feat. It reflects strong customer confidence in our
