Cement sector set for 30–80% profit surge

Cement producers are poised to report substantial profit increases for the June quarter, driven by improved prices and volumes, particularly in East and South India. Despite early monsoon rains impacting volume growth, the industry witnessed the highest average cement prices…

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‘India will see $25 billion in IPOs over a year’

Citi is poised to dominate the IPO market, targeting significant deals and a larger market share. Investment banking head Rahul Saraf highlights robust M&A and equity activity driven by private equity exits, corporate carve-outs, and MNC reassessments. Despite potential short-term…

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Amid flux, FMCG Inc’s turning over a new chief

India’s FMCG sector is witnessing significant leadership changes as Hindustan Coca-Cola Beverages, Hindustan Unilever, and L’Oreal recently appointed new chiefs amid tepid growth and intensified competition. Nestlé, Wipro Consumer Care & Lighting, and Haleon are also expected to see leadership…

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Govt in wait-and-watch mode on US tariff fallout

India is carefully observing potential tariff differences arising from US reciprocal tariffs, but comprehensive contingency planning awaits a full impact assessment. Negotiations for the bilateral trade agreement are ongoing in Washington, with the first phase targeted for completion by September.…

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