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2 mins read
Slowdown and a threat from e-commerce – a double whammy for Future Retail, posts a 15% fall in profits
Its income too went down by 3% from ₹5,306 crore in the same quarter the previous year to ₹5144.…
2 mins read
Former HDFC Bank CEO Aditya Puri joins Carlyle Group — will advise the global investment firm on Asia bets
Former HDFC Bank CEO Aditya Puri has joined The Carlyle Group as a senior advisor. Puri, who was at…
2 mins read
#MaggiBan: Nestle discontinues Maggi from the market. Nestle employees keeping mum
"The trust of our consumers and the safety of our products is our first priority," the group said i…
4 mins read
EXCLUSIVE: Two revelations and a fiery defence from Raymond’s boss Gautam Singhania
Raymond’s stock price has multiplied over two-and-a-half times in the last three years. This, at…
2 mins read
This is how Future Group is regaining the ‘King of Fashion’ in India status
Here’s how Biyani is rebuilding the retail empire Going by the numbers, the Future Gr…
2 mins read
Healthcare SaaS company THB raises $20 million to expand global operations
Healthcare SaaS company THB has raised $20m in a growth equity round led by Filter Capital and Edel…
1 min read
Cement makers plan to hike price by ₹10-15 per bag
According to a report by the company, in November the prices went up by about ₹6-7/bag. While…
4 mins read
Home buyers ready to pay 15-20% premium for health and wellness amenities: Dhaval Ajmera
Having amenities like fitness facilities, clubhouses, swimming pools and tennis courts have become …
4 mins read
TCS to flag off the earnings season — here’s what to expect
Tata Consultancy Services (TCS) kicks off the corporate earnings season this Friday, with analysts …
6 mins read
Tata's mega aviation merger is poised for flight, but the skies are not clear yet
It’s been less than a decade since the Tatas re-entered the aviation sector – via joint ventu…
4 mins read
Investors cheer mega merger of seven metal subsidiaries with Tata Steel even as Sensex tumbles over 1,000 points
Tata Steel today announced the merger of its seven metal subsidiaries with itself. The company’s in…
4 mins read
Sensex, Nifty50 decline as IT, metal and auto stocks plummet
India’s benchmark indices Sensex and Nifty50 are likely to open in the red on Monday amid negative …
6 mins read
Looking to invest in IPOs? Here’s how to pick winners and spot the duds
In the last two years, 83 companies listed on stock exchanges and some of them have destroyed inves…
5 mins read
SBI Cards is down as Carlyle dumps shares but the credit cards business is bouncing back
SBI Cards share price fell by over 4% on Tuesday (September 21) after US-based private equity firm,…
4 mins read
Equity mutual fund inflows moderate in October; MFs trim holdings in Axis Bank, HCL Tech, Bharti Airtel among others
Meanwhile, debt mutual funds continued to see an outflow – amounting to ₹2,817 crore in October.…
3 mins read
Adani Enterprises’ Nifty50 inclusion to increase inflows by around $200 mn, say analysts
Adani Enterprises is all set to be included in the benchmark Nifty50 index starting September 30, r…
3 mins read
Aditya Birla Fashion will now sell Reebok products in 11 Asian countries — and it may reap benefits soon
As part of the agreement, Aditya Birla Fashion and Retail would get exclusive rights to distribu…
3 mins read
Relentless FII selling weighs on stock markets; indices end flat after a choppy session
Indian benchmark indices end flat after a choppy session on Wednesday on heavy outflows by foreign …
3 mins read
TCS profits grows at 5%, hit by salary hikes, talent churn and travel costs
Tata Consultancy Services or TCS posted a 5% growth in net profits in the first quarter of FY23 at …
2 mins read
India is home to 81 unicorns now as Mamaearth, Globalbees make it to the list
The company runs on a Thras.io model, which is a New York-based e-commerce player that acquire…