Cupid raises FY27 profit guidance, targets Rs 750 crore revenue; stock up 160% in 2026Cupid Limited raised its FY27 guidance to Rs 725-750 crore revenue and Rs 210-225 crore net profit after strong June-quarter growth. Revenu...
Sensex jumps 299 points, Nifty closes near 23,450 as oil dips below $99/barrel. What can trigger the next sharp rally on D-Street?The Indian stock market closed positively on Wednesday, with Sensex climbing over 299 points to stand at 74,828, and Nifty gaining roughly ...
Stock Radar: Dabur India stock showing signs of bottoming out after falling by about 30% from highs; time to buy?Dabur India rebounded from Rs 350–360 levels and reclaimed its 20-DMA, while a Supertrend buy signal and positive EMA crossover supported i...
Rs 2 lakh crore bonanza: GST's one-year old tax gift showing up in cars, TVs and revenuesGST collections show economic activity holding up after the overhaul. Consumers are upgrading to better products and larger screen televisi...
Online fake goods sale: Scrutiny amplified ahead of festive rushAuthorities are increasing scrutiny of online sellers and imports before the busy festive shopping period. The Central Board of Indirect Ta...
JioBlackRock CIO Rishi Kohli decodes Nifty’s inflection point after two years of weak returnsJioBlackRock CIO Rishi Kohli says largecap valuations have de-rated, while Indian banks have underperformed global peers, creating potentia...
FMCG firms to hold prices despite rise in commodity costs; prioritise volume growthFMCG cos are likely to hold prices through the festive season despite rising commodity costs and geopolitical disruptions. After modest 2-5...
Hiring expands beyond metros as tier II, III cities gain ground, says reportSmall cities are becoming key hiring hubs as companies look beyond metros for talent. A Genius HRTech report found 69% of employers increas...
FMCG distributors seek zero-MDR for UPI transactions; write to PMThe association urged the government to address the implications of calculating the merchant discount rate on gross payments and resulting ...
Nestle India shares slip nearly 3% after FSSAI initiates legal action over infant nutrition productsNestle India shares fell on Friday after FSSAI initiated three adjudication cases over alleged violations involving infant nutrition produc...
Retailers push back against proposed 0.4% MDR on UPI transactions above Rs 2,000, warn of hit to thin marginsRetailers are strongly opposing a proposed merchant discount rate on UPI payments. This new charge will significantly impact their already ...
Emami announces share buyback worth Rs 282 crore at 29% premium. Here's what you need to knowEmami announced a Rs 282 crore share buyback at Rs 475 per share, offering a premium to the previous close. The FMCG company will repurchas...
Emami announces share buyback worth Rs 282 crore at 29% premium. Here's what you need to knowEmami announced a Rs 282 crore share buyback at Rs 475 per share, offering a premium to the previous close. The FMCG company will repurchas...
Market wrap: SBI, HDFC Life, TCS, Infosys top gainers and losers on Nifty and Sensex on ThursdayIndian equities recovered on September 16, with Nifty and Sensex gaining over 0.4% as banking and heavyweight stocks attracted value buying...
Sensex rises 333 points, Nifty closes above 23,200; all eyes on Fed meet outcome. What to expect?Indian markets ended higher on Wednesday, breaking a two-session losing streak and recovering part of Tuesday’s steep losses. Sensex rose 3...
What’s in a word? For India's FMCG brands, it's increasingly everythingIndian regulators are intensifying scrutiny over misleading food product claims. Companies now face legal challenges for unsubstantiated ma...
Extreme heat creates new winners in India’s FMCG basketIndian households faced increased summer expenses, affecting grocery budgets significantly. Chocolate and dairy consumption declined while ...