ITC’s packaged food business soared past $2 billion in FY26, with overall FMCG consumer spending reaching Rs 37,000 crore. This growth was fueled by premium product launches and a favorable tax environment. While the food segment remains the largest FMCG…
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While the Commission hasn’t yet finalised its recommendations, early discussions suggest that the fitment factor could remain close to the 2.57 multiplier adopted by the Seventh Pay Commission, even as employee unions continue to push for a higher revision.
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Corporate India’s profitability impact from the West Asia conflict is now expected to be half of initial fears, with Crisil Ratings predicting a 100-basis-point hit to operating margins in fiscal 2027. This revised outlook follows crude oil price corrections after…
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The Reserve Bank of India (RBI) has issued the final directions for expanding the country’s credit derivatives market, paving the way for wider use of instruments such as Credit Default Swaps (CDS) and total return swaps, as per a statement…
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The company plans to utilise the net proceeds from the fresh issue towards repayment or prepayment of certain borrowings, payment of part of the purchase consideration for the acquisition of its subsidiary, Unilet Appliances Private Limited, and general corporate purposes
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India has removed restrictions on supplies of commercial liquified petroleum gas imposed during the Middle East war when energy supplies were hit by the closure of the Strait of Hormuz. India, the world’s most populous country, is the second-largest importer…
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