India is the world’s largest processor and manufacturer of polished diamonds. Twelve of 13 diamond stones mined anywhere in the globe pass through the diamond cutting and polishing factories in suburban Mumbai and Surat in Gujarat. Given the huge scale—800,000 workers—India has an edge over low-cost labour rival China.
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Mahindra Q2 profit races 35% to ₹3,171 cr
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Enterprise
Mahindra Q2 profit races 35% to ₹3,171 cr
Revenue from operations of the automaker accelerated 10% year-on-year to ₹37,689 crore.
Mankind Pharma Q2 profit jumps 29%; chronic segment outperforms
The company reported a stronger-than-expected profit, driven by high demand for its drugs for chronic conditions such as diabetes and cardiovascular diseases.
Titan MD attributes 'depressed Q2 profitability' to customs duty losses, growth investments
After recording a 25% fall in net profit for Q2 FY25, MD Venkat says the company is confident about its performance for the rest of the financial year
Apollo Green Energy plans IPO by 2025; aims to achieve ₹10,000 cr portfolio by next year
The renewable energy arm of Apollo International Group currently manages an order book of ₹3,500 crore across solar and hydro energy.