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Crompton banking on premiumisation, new categories to drive growth: MD Promeet GhoshCrompton Greaves Consumer Electricals is expanding its total addressable market significantly. The company aims to nearly double its revenu...
China's Baidu, betting on AI, posts fifth straight quarterly revenue dropRevenue during the second quarter of the year came to 31.3 billion yuan ($4.6 billion), an unaudited financial report showed, a 4% year-on-...
Paytm’s Vijay Shekhar Sharma sets $1 billion free cash goal, sees fintechs gaining lending shareVijay Shekhar Sharma, the founder of Paytm, has set an ambitious target of generating one billion dollars in free cash flow. He envisions t...
From kirana to currency: Small towns are scrambling for dollarsSmall towns now lead India's foreign exchange demand, surpassing major cities. This shift indicates rising prosperity and global lifestyle ...
Global market: Japan Q2 GDP misses estimates, but BOJ rate hike bets remain intactJapan’s second-quarter economic growth missed expectations as weaker household consumption and business investment offset resilient exports...
US stocks: US markets trade muted as investors weigh Middle East tensions, dataUS stock indexes traded with little change amid market volatility on Friday. Investors monitored retail sales data and developments in the ...
LG Electronics shares jump 5% after robust Q1 earnings. What are Jefferies, other brokerages saying?In the first quarter of FY27, LG Electronics India showcased impressive profit growth alongside significant operational revenue increases f...
India’s restaurants must win back consumer trust amid hygiene crackdown: Fine-dine chain Impresario execIndian restaurants face regulatory crackdowns and calls for greater transparency. Regulators in Mumbai and Bengaluru have suspended license...
Ahead of Market: 10 things that will decide stock market action on FridaySensex gained 114 points while Nifty fell over 40 points on expiry day, reflecting divergent benchmark moves. Softer inflation supported se...
China's JD.com tops quarterly revenue estimatesThis year's annual mid-year shopping event, marking JD.com's founding on June 18, 1998, ran for more days than the previous year, giving ...
TV ad demand weakens as ratings blackout enters festive seasonTelevision broadcasters anticipate a challenging festive advertising season ahead. This comes as ratings remain withheld following a minist...
Ahead of Market: 10 things that will decide stock market action on ThursdayIndian markets extended losses as Tata Group stocks tumbled following N Chandrasekaran’s Tata Sons exit, while crude nearing $90 heightened...
Global Market: European shares subdued as investors assess earnings, geopolitical risks ahead of US inflation dataEuropean shares traded largely flat as investors assessed mixed corporate earnings, rising oil prices and renewed geopolitical tensions ahe...
Godrej Consumer Products shares tank 10% after CEO’s sudden exit; HSBC downgrades to HoldGodrej Consumer Products shares declined 10% following the sudden resignation of CEO Sudhir Sitapati, who announced his work was finished a...
US Stock Market: Berkshire steps up buybacks, boosts Alphabet stake as cash fallsBerkshire Hathaway began deploying its cash pile in Q2, buying nearly $20 billion more stocks than it sold and ending a 14-quarter selling ...
Titan's June quarter profit surges 63% YoY, income up 40%Titan Company has shown impressive growth, reporting a staggering 63% increase in profit, largely driven by a surge in demand for jewellery...
Godrej Consumer shares slide 4% after Q1 margin falls amid commodity inflation; Rs 5/share dividend declaredGodrej Consumer Products shares fell 4.3% after the FMCG major reported its June quarter results. Consolidated net profit rose 12% year-on-...
'War to end pretty soon': Trump says Iran 'can't go much longer,' optimistic about Strait of Hormuz talksPresident Trump believes the Iran conflict will end soon and stated the nation cannot continue. He expressed optimism regarding negotiation...
Why US markets are up: S&P 500, Nasdaq edge higher as broad gains offset tech sell-off; Middle East peace hopes in focusUS stocks saw mixed trading as the S&P 500 and Nasdaq reversed early losses. Technology shares faced pressure after disappointing investor ...
Charting the Global Economy: Central banks hold the lineGlobal central banks maintained interest rates this week due to rising energy costs. The Federal Reserve and Bank of England saw some offic...