Business
India’s equity market is expected to enter a stock-pickers’ phase in June, as investors increasingly focus on selective sector opportunities rather than broad-based gains, according to market brokerages. Analysts suggest that domestic investment flows are likely to target specific industries......
Bayer CropScience India has reported a rise in quarterly profit, supported by strong performance in its crop protection business despite weaker demand in parts of the seeds market. The Indian subsidiary of Germany-based Bayer AG announced that its profit increased by more than 13% during the quarter......
India became a net importer of finished steel in April as rising domestic demand and increasing overseas shipments reshaped the country’s steel trade balance, according to provisional government data. The figures show that India imported approximately 700,000 metric tons of finished steel during......
Piyush Goyal is set to visit Canada alongside a delegation of around 150 Indian business leaders in an effort to strengthen economic cooperation and revive trade discussions between the two countries. The visit, scheduled between May 25 and May 27, will include meetings with Canadian ministers, business......
India’s leading pharmaceutical company by revenue Sun Pharmaceutical Industries reported stronger-than-expected quarterly profits, supported by rising global demand for its high-margin specialty medicines. The Mumbai-based drugmaker posted a consolidated net profit of approximately 27.14 billion......
Indian kitchenware manufacturer TTK Prestige reported a strong increase in quarterly profit, driven by rising demand for electric cooking appliances amid shortages in cooking gas supply. The company recorded a 29% rise in profit before tax for the fourth quarter, supported by growing domestic consumption......
Indian cement manufacturer JSW Cement reported a significant increase in quarterly profit, supported by stronger market demand and improved activity in the country’s construction sector. The company announced that its consolidated net profit for the quarter ending March 31 rose sharply compared......
Southwest Airlines has announced plans to significantly expand its newly established global capability centre in India, aiming to grow its workforce to around 1,000 employees over the next few years, according to a senior company executive. The hub, located in Hyderabad, marks the airline’s first......
Indian beauty and fashion retailer Nykaa has requested a court in New Delhi to include Meta in an ongoing copyright dispute involving media company Zee Entertainment Enterprises. The legal conflict centers on the alleged use of copyrighted music in promotional Instagram reels published by Nykaa. Zee......
The enterprise software company Workday has announced plans to continue expanding its workforce in India while increasing investments in artificial intelligence (AI), according to a senior company executive. India has become a key hub for global capability centres due to its large pool of skilled professionals,......
British insurer Prudential has announced an agreement to acquire a 75% stake in Bharti Life Insurance Company, marking a major step in the restructuring of its operations in India. The stake will be purchased from Bharti Life Ventures and 360 ONE Asset Management as part of a strategic plan to strengthen......
Indian telecommunications company Vodafone Idea reported an unexpected profit for the fourth quarter of its fiscal year, marking a significant development for one of the country’s largest mobile network operators. According to the company’s latest financial announcement, Vodafone......
Indian restaurant operator Devyani International reported a narrower quarterly loss, supported by stronger same-store sales and improving customer demand across its fast-food brands. The company operates major international restaurant franchises in India, including KFC and Pizza Hut, under licensing......
