Category: business

India May 04:  Veeam® Software, the Data and AI Trust Company, has been ranked #1 for worldwide data protection software market share by IDC in its latest IDC Semiannual Software Tracker, 2025H2. The tracker reports that Veeam captured 13.6% market share in 2025H2, increasing from 13.2% in 2025H1. IDC also reports that Veeam delivered 11.5% sequential growth in 2025H2, outpacing the market average of 8.8%. “Market share is the verdict on how well we achieved…

  May 4: XS.com, the award-winning global multi-asset broker, is proud to announce its participation as the Diamond Sponsor at Rankia LATAM – Peru 2026, reinforcing its presence at prominent financial events across the region. Taking place on May 11–12 at Hotel Los Delfines in Lima, the event will bring together…

Mumbai, May 4(BNP): Indian benchmark equity indices opened the week on a strong note, rallying sharply in early trade on Monday amid easing crude oil prices and improved global market sentiment. The BSE Sensex surged 657.80 points to reach 77,571.30, while the NSE Nifty 50 advanced 213.35 points to 24,215.10 during…

Mumbai, Apr 25: Emma Sleep India, the Indian arm of Europe’s largest D2C mattress brand, has grown its revenue from ₹3 crore in FY23 to ₹212 crore in FY25 – a 70x increase in two years. The business has been contribution-margin positive since its first year of operations.    The growth makes India one of Emma’s fastest-scaling markets globally. The company, headquartered in Frankfurt, Germany, operates across 33 countries and is one  Western Europe’s leading brands in the segment. In India, Emma has built its business primarily across metro cities through a digital-first acquisition model backed by a growing offline retail presence of over 10 experience stores.  “In the long run, the Indian mattress market rewards brands that can scale without burning cash. We’ve been profitable from year one, not because we under-invested, but because we built the entire business around unit economics first and topline second. That discipline is what turns a ₹3 crore pilot into a ₹200 crore business, not marketing spend alone,” said Saptarshi Basu, Head of Marketing for Emma Sleep India.  Emma’s approach in India has diverged from the playbook most D2C mattress brands follow. Rather than competing on price or celebrity endorsements, the brand has invested in product differentiation rooted in sleep science including mattresses engineered for India’s climate and firmness preferences and a performance marketing model that prioritises measurable return on ad spend over awareness metrics. The company’s influencer marketing programme, which routes creator content directly into paid media campaigns, has become a case study adopted by other Emma markets globally.  Key growth drivers include rising consumer awareness around sleep health, strong demand for premium mattresses in India’s urban and tier-2 markets, and Emma’s expanding product portfolio across mattresses, pillows, beds, and sleep accessories. The company has also invested in localised manufacturing and supply chain efficiencies to support its next phase of growth. 

Market shows more resilience as monthly sales transactions lift to almost 14,000 Dubai, UAE, May 4: The Dubai real estate market showed continued resilience in April, recording 13,977 sales transactions worth AED48 billion. A market update issued today by fäm Properties showed that activity strengthened month-on-month, with sales volume rising 3.5%…

New Delhi, May 04: Swedish clean-tech innovator KonveGas is set to strengthen its India entry strategy with its participation at the Bioenergy, Biofuels & Biomaterials (BBB) Summit 2026, scheduled to take place at Yashobhoomi, New Delhi from May 7–9, 2026. Building on the momentum of its recent investment announcement at…

  Dubai, UAE – May 4: Sky Links Capital has reported increased client engagement in gold markets and expects this trend to continue into the first half of 2026, reflecting sustained interest in highly liquid assets during heightened global market uncertainty. Based on internal platform data and current run-rate assumptions, Sky…

 Kotak Mahindra Bank Standalone PAT for Q4FY26 at ₹ 4,027 crore, up 13% YoY and 17% QoQ Standalone PAT for FY26 at ₹ 14,008 crore Consolidated PAT for Q4FY26 at ₹ 5,423 crore, up 10% YoY and 10% QoQ Consolidated PAT for FY26 at ₹ 19,288 crore Bengaluru, 3 May,…

Hyderabad, 3  May 2026: Mining powerhouse, NMDC produced 46.4 lakh tonnes and sold 36.8 lakh tonnes of iron ore in April 2026. The largest iron ore miner in the country has recorded a 16% growth in production in the first month of FY27 over the corresponding period last year. Riding…

Chandigarh, May 02: Toyota Kirloskar Motor (TKM) announced its sales performance for April 2026, recording total sales of 32,086 units, marking a 17% growth compared to 27,329 units sold in April 2025. The company’s domestic sales stood at 30,159 units, registering a strong 21% year-on-year growth, while exports accounted for…