The recent revision in ethanol prices has not lived up to expectations. While the Government of India increased prices for the Chandigarh route by 3 per cent, the anticipated hikes for the Bihar and Direct routes were not implemented, leading to some disappointment within the sector.
Mumbai (Maharashtra) [India], January 27: Modulus Alternatives Investment Managers Limited, an established alternative asset manager, focused on private credit, announces the successful maturity and complete exit of its maiden private credit fund, Centrum Credit Opportunities Fund (Fund I).
Sugarcane production in the country declined by 14 per cent in the sugar season year (SSY) 2025 compared to last year, which may lead to missing the estimates for SSY25, says a report by Centrum.
The life insurance sector in India is at an "inflection point" and is poised to grow due to a variety of good reasons. Financial services company Centrum Broking in a report asserted that it remains constructive on the life insurance industry owing to favourable macro factors.
The major telecom operators in the country are expected to report a 5 to 6.5 per cent quarter-on-quarter (QoQ) increase in average revenue per user (ARPU) in their upcoming Q3FY25 results, according to a report by Centrum.
As the quarterly results season begins next week, the Indian IT services sector is preparing for a mixed performance in the third quarter of FY25, a period traditionally considered weak due to seasonal furloughs, according to a report by Centrum
ARPU for the wireless segment of private telecom operators was positively impacted due to tariff hikes implemented in July'24.
Bharti Airtel continues to maintain its lead with ARPU of Rs 233/month for the quarter, up from Rs 211/month in first quarter of FY25
While segments like value retail, jewellery, and luggage are poised to deliver strong growth, the footwear and quick service restaurant (QSR) sectors faced significant demand challenges due to factors such as heavy rainfall and weaker out-of-home consumption.
A significant factor bolstering this positive outlook is the reduction in deal leakages compared to FY24, signaling stronger operational momentum for the sector.