Top Business Developments in India — Past Few Days
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Accenture proposes new campus in Andhra Pradesh — ~12,000 jobs
Accenture has announced plans for a major campus in Visakhapatnam, Andhra Pradesh, intended to add roughly 12,000 roles over coming years. This could boost local IT hiring, ancillary services and commercial real‑estate demand in the region.
JPMorgan expects IPO activity to surpass 2024
JPMorgan projects stronger IPO fundraising this year, forecasting 2025 volumes to exceed 2024. A robust pipeline and improved market sentiment are driving expectations for renewed listing activity across sectors.
Fortis to expand obesity clinics amid therapy boom
Fortis Healthcare is scaling up obesity and weight‑loss therapy clinics to meet rising demand. This expansion targets metro and tier‑2 cities and could lift revenue from specialty care services.
Amwoodo raises ₹35 crore to expand bamboo‑based solutions
Kolkata‑based Amwoodo secured roughly ₹35 crore in pre‑series A funding to grow its bamboo alternatives business. Investors are backing sustainable packaging and material startups as demand for eco‑friendly products rises.
Shein ramps up speed and scale to win India market
Fast‑fashion player Shein is accelerating product launches and local operations to capture market share in India. Increased competition may pressure domestic retailers to sharpen pricing and assortment strategies.
India reviews rules to help domestic audit firms scale globally
The government and PMO are considering regulatory changes to enable Indian audit and consultancy firms to grow and compete with global peers—an effort to build stronger homegrown professional services players.
Private‑sector expansion cools slightly — flash PMI
Flash PMI readings show India’s private‑sector growth remains solid but moderated in September versus August, suggesting a slight easing in demand momentum across manufacturing and services.
GST 2.0 rollout; festive demand boosts car sales
An upgraded GST framework (‘GST 2.0’) went live, aiming to simplify filings and taxes. The change, together with festival season demand, coincided with strong car sales across major manufacturers.
Goldman Sachs & IIMs expand programs to empower women entrepreneurs
Goldman Sachs and several IIMs expanded initiatives to support women‑led startups, offering mentoring, training and access to capital—aimed at improving entrepreneurial outcomes and inclusion.
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