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Mumbai, April 9: The equity markets witnessed renewed selling pressure on Thursday, with both benchmark indices closing in the red amid rising uncertainty in the ongoing Middle East conflict. The Nifty 50 index closed at 23,775.10, declining by 222.25 points or 0.93 per cent, while the BSE Sensex ended at 76,631.65, falling by 931.25 points or 1.20 per cent. Market experts attributed the decline to fading optimism around the ceasefire and renewed geopolitical tensions impacting investor sentimen ...Read More >
Mumbai (Maharashtra) [India], April 9 (ANI): The equity markets witnessed renewed selling pressure on Thursday, with both benchmark indices closing in the red amid rising uncertainty in the ongoing Middle East conflict. The Nifty 50 index closed at 23,775.10, declining by 222.25 points or 0.93 per cent, while the BSE Sensex ended at 76,631.65, falling by 931.25 points or 1.20 per cent. Also Read | Max Verstappen's F1 Retirement Speculation Intensifies Amidst Ongoing Red Bull Engineer Exit Rumo ...Read More >
Mumbai (Maharashtra) [India], April 9 (ANI): The equity markets witnessed renewed selling pressure on Thursday, with both benchmark indices closing in the red amid rising uncertainty in the ongoing Middle East conflict. The Nifty 50 index closed at 23,775.10, declining by 222.25 points or 0.93 per cent, while the BSE Sensex ended at 76,631.65, falling by 931.25 points or 1.20 per cent. Market experts attributed the decline to fading optimism around the ceasefire and renewed geopolitical tensio ...Read More >
MUMBAI: Sandeep Ghosh has decided to swipe out of Visa after more than four years of steering the payments giant's operations across India and South Asia. Visa Inc. has announced that Sandeep Ghosh is stepping down from his role as group country manager for India and South Asia. The company confirmed that a successor has already been identified and will be announced shortly. Ghosh joined Visa in March 2022 and played a key role in expanding the company's digital payments footprint and strengthe ...Read More >
KOLKATA : PromotEdge, a Kolkata-based integrated marketing and branding agency, has been in business for 11 years. This represents ten years of consistent development, increased global reach, and ongoing investments in creating a full-spectrum marketing ecosystem. Since its founding in 2015, PromotEdge has grown from a local creative firm to a full-service marketing partner that works with companies in India and other countries, such as the US, Canada, Australia, and the Middle East. With opera ...Read More >
Visa Inc. has seen a leadership transition in its India and South Asia business, with Sandeep Ghosh stepping down from his role as Group Country Manager. Ghosh, who led the company's operations across India and neighbouring South Asian markets, is exiting the organisation after more than four years. The company confirmed that a replacement has already been identified and will be announced shortly. A Visa spokesperson told ET, "After over four years with Visa, Sandeep Ghosh, Group Country Manag ...Read More >
Mumbai : Tata Motors, India's largest commercial vehicle manufacturer, today strengthened its leadership in electric commercial mobility with the launch of the all new Tata Intra EV Pickup. Expanding its electric small commercial vehicle portfolio, the new pickup brings together the proven strengths of the trusted Intra platform with a purpose built electric architecture -- delivering a dependable, high earning solution for India's evolving cargo requirements. It will be available across Tata Mo ...Read More >
Mumbai, April 7: Stock market benchmark indices Sensex and Nifty ended higher on Tuesday, as a drop in crude oil prices and a rally in global markets calmed investors' sentiment. Also, buying in IT stocks aided recovery in the markets after early losses. The 30-share BSE Sensex jumped 509.73 points, or 0.69 per cent, to settle at 74,616.58. During the day, it hit a high of 74,686.32 and a low of 73,282.41, gyrating 1,403.91 points. The 50-share NSE Nifty climbed 155.40 points, or 0.68 per cent ...Read More >
The Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets the popular Amul brand of milk and dairy products, on Sunday said the brand's turnover crossed ₹1 lakh crore for the financial year 2025-26, marking a major financial milestone for the farmer-owned cooperative network. "The total unduplicated revenue of the Amul brand grew by 11 per cent over a base of ₹90,000 crore in 2024-25. GCMMF itself recorded a sales turnover of ₹73,450 crore in 2025-26, registering an increase ...Read More >
New Delhi, Apr 7 (PTI) Leading retail players reported strong double-digit revenue growth in the fourth quarter of FY26 on the back of a stable demand environment and resilient macroeconomic conditions. Listed retail companies as Trent, Avenue Supermarts (D-Mart) and V-Mart, in their recent quarter updates reported around 20 per cent year-on-year growth in their latest quarterly updates, aided by aggressive store additions and steady consumption trends. Trent, a Tata group firm reported around ...Read More >
Mumbai (Maharashtra) [India], April 7 (ANI): The domestic equity markets witnessed a highly volatile session on Tuesday, opening in the red amid selling pressure but recovering sharply by the close, supported by gains in IT and metal stocks. The benchmark indices ended the session on a strong note, with the Nifty closing at 23,015.90, up 155.40 points or 0.68 per cent. The BSE Sensex also surged by 509.73 points or 0.69 per cent to settle at 74,616.58. Also Read | Apple Foldable iPhone 'Ultra' ...Read More >
Mumbai (Maharashtra) [India], April 7 (ANI): The domestic equity markets witnessed a highly volatile session on Tuesday, opening in the red amid selling pressure but recovering sharply by the close, supported by gains in IT and metal stocks. The benchmark indices ended the session on a strong note, with the Nifty closing at 23,015.90, up 155.40 points or 0.68 per cent. The BSE Sensex also surged by 509.73 points or 0.69 per cent to settle at 74,616.58. Market sentiment remained cautious during ...Read More >
Mumbai: A stable consumption environment and improving macro conditions helped Godrej Consumer Products sustain growth momentum in the March quarter, even as commodity volatility began to resurface. Godrej Consumer Products reported steady demand conditions in India during Q4 FY26, with consumer sentiment remaining stable across the FMCG sector. The normalization of trade channels following GST-related transitions and easing food inflation supported consumption. Against this backdrop, the stand ...Read More >
Mumbai: India's snack makers are struggling to cut sugar. Low- or reduced-sugar products made up just 0.9% of launches in chocolates, confectionery, biscuits and snack bars last fiscal year ended March 31. While that is up from 0.1% in 2022, the share has stagnated over the past two years and even slipped from 1.1% in 2024, according to latest data from UK research firm Mintel shared with ET. Also Read | Parle continues to be India's top FMCG brand at home, 13th time in a row: Report But tha ...Read More >
Mumbai (Maharashtra) [India], April 6 (ANI): Indian equity markets witnessed a volatile trading session on Monday, opening in the red but recovering sharply by the close, supported by value buying and a rebound in oversold sectors. The Nifty 50 index closed at 22,968.25 with a gain of 255.15 points or 1.12 per cent, while the BSE Sensex closed at 74,106.85, up by 787.30 points or 1.07 per cent. Despite early weakness, both indices managed to close with gains as buying interest picked up during ...Read More >
A Nuvama report said the edible oils and agri-linked consumer staples sector outlook remains positive, driven by strong volume growth and improving demand across industrial segments. "Overall volumes to grow ~13% YoY led by strong growth in Edible Oils and Industry Essentials segments," the report said, with edible oils such as soybean, mustard, rice bran and palm oil leading the upcycle. The outlook for the edible oils and agri-linked consumer staples sector remains constructive, led by strong ...Read More >
Mumbai (Maharashtra) [India], April 6 (ANI): Indian equity markets witnessed a volatile trading session on Monday, opening in the red but recovering sharply by the close, supported by value buying and a rebound in oversold sectors. The Nifty 50 index closed at 22,968.25 with a gain of 255.15 points or 1.12 per cent, while the BSE Sensex closed at 74,106.85, up by 787.30 points or 1.07 per cent. Despite early weakness, both indices managed to close with gains as buying interest picked up during ...Read More >
New Delhi [India], April 6 (ANI): The outlook for the edible oils and agri-linked consumer staples sector remains constructive, led by strong volume growth in core categories and improving demand dynamics across industrial segments, according to a recent research report by Nuvama. The sector is witnessing a demand-led upcycle, with edible oils emerging as the primary growth engine. Volume growth in this segment is expected to remain robust, supported by steady consumption across key categories ...Read More >
April 6 (Reuters) - Shares of Wipro (WIPR.NS), opens new tab rose as much as 3.2% on Monday after the Indian IT services firm agreed to buy the IT services business of Singapore-based Olam Group (OLAG.SI), opens new tab for an enterprise value of $375 million. The stock was last up 1.9% at 9:34 a.m. IST, making it the top gainer on the IT index (.NIFTYIT), opens new tab, which was trading 0.5% higher. It was also the second-biggest gainer on the benchmark Nifty 50 (.NSEI), opens new tab, which ...Read More >
April 6 (Reuters) - Shares of Wipro rose as much as 3.2% on Monday after the Indian IT services firm agreed to buy the IT services business of Singapore-based Olam Group for an enterprise value of $375 million. The stock was last up 1.9% at 9:34 a.m. IST, making it the top gainer on the IT index, which was trading 0.5% higher. It was also the second-biggest gainer on the benchmark Nifty 50, which was down 0.2%. Olam Holdings, a unit of the Singapore food and agribusiness conglomerate, will se ...Read More >
April 6 (Reuters) - Shares of Wipro rose as much as 3.2% on Monday after the Indian IT services firm agreed to buy the IT services business of Singapore-based Olam Group for an enterprise value of $375 million. The stock was last up 1.9% at 9:34 a.m. IST, making it the top gainer on the IT index, which was trading 0.5% higher. It was also the second-biggest gainer on the benchmark Nifty 50, which was down 0.2%. Olam Holdings, a unit of the Singapore food and agribusiness conglomerate, will se ...Read More >
New Delhi [India], April 5 (ANI): Gujarat Cooperative Milk Marketing Federation Ltd (GCMMF), the world's largest farmer-owned dairy cooperative, announced a historic milestone as the Amul brand turnover crossed the Rs 1 lakh crore mark for the financial year 2025-26. The total unduplicated revenue of the Amul brand has increased by 11 per cent over a base of Rs 90,000 crores in 2024-25. This solidifies Amul's position as a dominant global dairy cooperative. Gujarat Co-operative Milk Marketing ...Read More >
New Delhi [India], April 5 (ANI): Congress General Secretary Jairam Ramesh on Sunday said that both Chief Election Commissioner Gyanesh Kumar and External Affairs Minister S Jaishankar are unlikely to respond to the party's recent questions concerning BJP's Puducherry President and Raj Bhavan constituency candidate VP Ramalingam and Latchiya Jananayaga Katchi (LJK) chief Jose Charles Martin hosting a Sri Lankan diplomat in Puducherry. Replying to Congress spokesperson Pawan Khera's post on X, R ...Read More >
New Delhi, Apr 5 (PTI) Leading FMCG makers reported resilient growth amid a stable demand environment in the March quarter of FY26, posting a healthy revenue expansion, even though geopolitical tensions in the Middle East markets remained a concern. The makers, such as Marico, Dabur and AWL Agri Business (formerly Adani Wilmar), have reported growth in both volumes and value, driven by pricing actions, category momentum and resilient domestic consumption, and growth from international markets e ...Read More >
Bengaluru: With a fresh round of price revisions set to take effect, deputy chief minister DK Shivakumar and AICC general secretary Randeep Singh Surjewala Tuesday stepped up criticism of the Centre, alleging inflation was placing an increasing burden on households. The duo said prices of some 900 essential medicines, including those used for diabetes, hypertension and infections, would rise from Wednesday, the start of a new financial year. Questioning annual revisions and tax policies, they al ...Read More >
New Delhi, Apr 3 (PTI) Home-grown FMCG major Dabur expects its consolidated revenues to grow in mid-single digits in the March quarter of FY26, led by a sequential recovery in the domestic market and double-digit growth from the international market. Besides, the company expects its operating profit to grow ahead of the topline, said Dabur in an update for the quarter ended March 31, 2026. The March quarter witnessed "steady momentum" in the domestic India business, underpinned by a stable mac ...Read More >
New Delhi, Apr 3 (PTI) Industries spanning consumer goods to cement, which are facing challenges from rising production and packaging costs amid geopolitical tensions in West Asia, expect the government's move to reduce customs duty on a range of petrochemical products to provide much-needed relief to manufacturers and downstream sectors. Petrochemicals are critical raw materials for plastics, and a lower cost could translate into cheaper packaging materials for sectors such as FMCG, retail, an ...Read More >
New Delhi [India], April 2 (ANI): Indian fast-moving consumer goods (FMCG) companies are expected to implement a fresh round of price increases starting in the first quarter of FY27. As per a report by Nuvama Institutional Equities, a sharp rise in crude oil prices and a weakening Rupee have significantly increased input cost pressures, ending a period of relative price stability for the sector. The report forecasts price hikes of at least 3 to 4 per cent in Q1FY27 if the current inflation in r ...Read More >
Mumbai, April 2: Staging a spirited recovery, stock markets pared early losses to close higher on Thursday, with the benchmark Sensex rising by 185 points and the broader Nifty settling above 22,700 on strong value buying in IT and banking shares and a sharp rebound in the rupee. Rebounding more than 2,000 points from the day's low, the 30-share BSE Sensex finally settled higher by 185.23 points, or 0.25 per cent, at 73,319.55. The index opened lower and tanked further by 1,588 points to hit a ...Read More >
New Delhi, Apr 2 (PTI) Homegrown FMCG firm Marico on Thursday said its revenue in the March quarter of FY26 "grew in the low twenties year-on-year" on a year-on-year basis, led by pricing, its hair oil and international business. During the quarter, the FMCG sector witnessed a "stable demand sentiment", however, the macroeconomic impact of the evolving geopolitical situation in the Middle East is a key "monitorable", Marico said in its quarterly updates. However, Marico remains hopeful of a gr ...Read More >
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