Crompton Greaves Consumer Electricals reports a strong first quarter, signalling a broad-based recovery driven by demand across main categories, improved profitability, and strategic expansion into renewable consumer offerings amid a revitalised market position. Crompton Greaves Consumer Electricals said its first…
India’s leading wine producer, Sula Vineyards, sees its first-quarter profit slump as operating margins contract even with a modest revenue rise, highlighting ongoing profitability challenges despite expanding wine tourism. Sula Vineyards said its first-quarter profit fell sharply as softer operating…
The introduction of SEBI’s new Closing Auction Session system is steadily reducing the disparity between Nifty’s regular close and its post-auction settlement, signalling a shift towards more transparent and reliable price discovery methods in India’s equities market. The gap between…
Allcargo Logistics has announced its strongest quarterly performance in FY27, with record revenue, EBITDA growth, and strategic use of artificial intelligence, signalling a disruptive shift in India’s logistics sector amid rising demand from diverse industries. Allcargo Logistics has reported its…
Biocon anticipates a more dynamic second half of fiscal 2027 driven by new biosimilar launches in the US and regulatory improvements, signalling a positive outlook for the company’s biosimilar pipeline. Biocon expects its business to gather pace in the second…
Mutual fund houses in India are set to roll out a wave of specialised investment options following recent regulatory amendments by SEBI, signalling a strategic shift towards diversification and targeted fund offerings. Mutual fund houses in India are preparing a…
Shiprocket trims its IPO size by 31%, reflecting a cautious approach in India’s evolving market environment, while pioneering biodegradable sanitary pads highlight product-led solutions to social and infrastructure challenges. Shiprocket has trimmed the size of its initial public offering by…
Britannia Industries reports a 14% rise in quarterly net profit, navigating higher transportation and fuel costs driven by West Asia tensions through strategic price adjustments and volume growth, as the company prepares for further price hikes to sustain margins. Britannia…
India’s primary steel producers are expected to maintain stable operating profits in the current fiscal year, supported by higher domestic prices, import safeguards, and resilient local demand, even as raw material costs increase significantly. India’s primary steel makers are set…
Gold continues its upward trajectory near record levels, fueled by optimism over Strait of Hormuz diplomacy, strong central bank demand, and resilient investment flows, amid a complex geopolitical and economic landscape. Gold has continued to edge higher after a sharp…
Emcure Pharmaceuticals predicts its overseas operations will continue to be the primary growth driver in FY27, supported by a portfolio of differentiated drugs and steady product approvals across European and emerging markets, despite domestic market challenges. Emcure Pharmaceuticals expects its…
The Reserve Bank of India conducted a ₹1.3 trillion bid in its four-day variable rate reverse repo auction, highlighting persistent excess liquidity in the banking system despite measures to align short-term rates with policy targets. The Reserve Bank of India…
