French automaker Renault plans to control its spending on capital and research. Finance chief Duncan Minto stated that these expenses will not exceed eight percent of the company’s revenues. This move aims to protect the break-even point. It will ensure…
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Over 350 distilleries face an uncertain future due to inadequate procurement orders in the latest ethanol tender. Industry bodies criticize the allocation methodology, alleging it favors new entrants over existing units and ignores surplus capacity in neighboring states, potentially jeopardizing…
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Hindustan Unilever has announced a strong second-quarter profit increase, driven by robust sales in its beauty and well-being segment. The Indian consumer goods giant, known for brands like Dove and Surf Excel, saw its profit climb to 26.9 billion rupees.…
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Indian stocks surged on Monday, with the Sensex and Nifty approaching record highs. Optimism surrounding an earnings revival, fueled by festive season demand, tax cuts, and policy support, alongside renewed foreign inflows, boosted market sentiment. This positive outlook anticipates a…
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Reliance Industries, India’s largest buyer of Russian oil, is adjusting its imports from Moscow. The company stated it will align its crude purchases with the Indian government’s guidelines. This recalibration follows increased sanctions imposed by the U.S. and Europe against…
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Europe’s alpine property market continues to outperform wider global luxury trends, with prime prices for alpine homes rising 23 per cent on average over the past five years, fuelled by surging year-round demand, the rise of remote working, and a…
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