FIIs pull out ₹6,200 crore from financials but CIOs say banks could be India’s next big largecap tradeRecent trends show foreign investors exiting financial services, leading to notable outflows. In contrast, mutual fund chief investment off...
FII selling returns in first half of September as financials, auto stocks face heavy outflowsIn early September, foreign investors shifted to selling after a series of buying phases. Notably, financials, automotive, and oil and gas ...
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...
Sunscreen grows from niche to staple on India’s beauty shelf as buyers tripleSunscreen use in India has more than tripled, reaching 14.3 million households. This growth is fueled by hotter weather and increased consu...
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...
ITC expects Aashirvaad brand to double consumer spends to Rs 20,000 crore in 5 yearsITC's Aashirvaad brand expects consumer spending to double to twenty thousand crore rupees. This growth will occur over the next five years...
As China slows, global FMCG and consumer giants from L'Oreal to Nestle bet big on IndiaIndia is becoming a key growth focus for global consumer companies. Rising incomes and expanding retail offer major untapped market potenti...
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 ...