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BEEF SEGMENT PRESSURE
Tyson Foods cuts annual profit forecast again as beef pressure drains marginsTyson Foods has revised down its profit and sales targets for fiscal 2026 due to rising challenges within the beef segment. The company ant...- Banks to be told to step up FCNR (B) depositsBanks will now encourage more foreign currency deposits. The Reserve Bank of India will cover all hedging costs for these deposits. This mo...
- Subdued consumption to weigh on HUL despite rural pickupWhile urban demand continued to remain subdued, rural demand sustained its gradual recovery. Downtrading took place with small packs growin...
- Lux Industries to achieve turnover of Rs 1,000 crore by FY26To increase the growth of the men’s wear segment, Lux Industries has roped in Bollywood actress Jacqueline Fernandez to endorse the men’s i...
- Auto, consumer companies boost imports on supply fearsChina's Covid cases have again spiralled with newer restrictions thanks to Beijing's zero Covid policy in six cities affecting some 30 mill...
- Indian fintech firms have no data advantage over banks: Moody'sAccording to Moody's Investors Service, the introduction of the Unified Payment Interface (UPI) in 2017, which allows funds to be transferr...
- New chiefs at Colgate, Jubilant need to get the shine, fastWhile the nation's largest oral care company, Colgate-Palmolive India, is roping in talent from its competitor; the top foodservice company...
- Weakness in Mumbai luxury real estate to continue in FY20: ICRAFew developers with strong balance sheet, track record and group backing are expected to consolidate their position.
- Smaller orders from state governments a respite: SiemensSiemens India reported its best quarterly sales in more than six years for Sep qtr.
- Smaller orders from state govts a respite: Siemens India CEO“The market is beginning to pick up – it had been a difficult three-four years in the past. We are not yet out of the woods,” said chief ex...
- ICICI Bank, HDFC, IndusInd, ICICI Pru among top financial picks: CLSABrokerage likes non-lending financials for their ability to leverage financialisation of savings.
- Nestle charts plan to push volumesAmong the new steps, the company is altering the compensation structure of its frontline sales team.
- Lupin seen rallying 20% irrespective of near-term pressure: CLSACLSA maintains high-conviction ‘buy’ call on Lupin with a 12-mth target price of Rs 975, over 20% upside from Thursday’s closing price of R...
- Heard on the street: Infy, NileShares of Infosys Technologies shed 2% to Rs 2,919 on Monday ahead of the company’s first quarter results on Tuesday.
- Patni: Takeover may give co the growth impetusPatni Computer Systems’ stock has gained momentum in the past few days after news of a takeover.
- Positive on IDBI, Syndicate Bank: Pankaj Pandey, ICICI DirectPankaj Pandey, Head of Research, ICICI Direct, in a chat with ET Now talks about the banking space.
- Stocks to watch: ICICI Bank,Hero Honda, Jaiprakash AssociatesStocks are likely to see some respite on Monday after a turbulent session last week, propped up by worldwide measures to support markets am...
- AV Birla on shake-up track for growthThe group wants to push back its break-even target in life insurance. It’s planning to exit synthetic spinning & expand in cement, VSF & ca...
- Colour Plus: It’s a fresh coat for paint SMEsSME paint manufacturers are no longer happy to play on the fringes of the Indian paint industry. Enterprising companies are moving up the v...
- Detariffing to hit insurers’ profits from underwritingGeneral insurers are set to witness a dip in underwriting profits as the industry is detariffed in January ’07.Detariffing will allow insur...
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