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Asian Paints beats profit expectations as price increases offset rising costs

India's largest paint manufacturer, Asian Paints, reported better-than-expected first-quarter earnings on Wednesday as significant price increases helped the company protect margins against rising raw material expenses. The strong financial performance boosted investor confidence, with shares of......

India's NTPC unveils $178 billion investment plan to triple power capacity by 2037

India's largest electricity producer, NTPC, has announced an ambitious long-term investment strategy worth 17 trillion rupees (approximately $178 billion) through fiscal 2037, as the state-owned utility seeks to dramatically expand its generation capacity while accelerating investments in renewable......

Coca-Cola loses market share in India as aluminium costs and packaging shortages weigh on sales

Coca-Cola reported a decline in market share in India during the second quarter as rising aluminium costs and packaging constraints disrupted supplies and forced the beverage giant to adjust its pricing strategy in one of its most important growth markets. Chief Financial Officer John Murphy said the......

Swiggy appoints Nandita Sinha as Instamart CEO following leadership change

Indian food delivery and quick commerce company Swiggy has announced a leadership transition at its rapid delivery platform Instamart, appointing Nandita Sinha as the business's new Chief Executive Officer. Sinha will officially assume the role on August 3, succeeding Amitesh Kumar Jha, who has......

India's MRPL avoids Red Sea and Strait of Hormuz in new crude oil tender

India's state-owned Mangalore Refinery and Petrochemicals Ltd (MRPL) has revised its crude procurement strategy by requesting suppliers to avoid transporting oil through the Red Sea and the Strait of Hormuz, reflecting growing concerns over the security of two of the world's most critical maritime......

India suspends police officer after rifle fired during student protest crackdown

Indian authorities have suspended a police constable after he discharged an assault rifle into the air while attempting to disperse student demonstrators in the eastern state of Bihar, intensifying scrutiny of law enforcement tactics during a growing wave of nationwide youth protests. The incident has......

India youth protesters end demonstration after government talks and education minister's resignation

India's youth protest movement announced the end of its nationwide demonstrations on Saturday after reaching an agreement with the government, bringing weeks of unrest over alleged examination paper leaks to a close. The decision was confirmed by a spokesperson for the movement following discussions......

Adani Energy Solutions secures $880.8 million transmission project for Andhra Pradesh green hydrogen hub

Adani Energy Solutions has been awarded an 85 billion-rupee ($880.8 million) interstate electricity transmission project in the Indian state of Andhra Pradesh, strengthening the infrastructure needed to support the country's expanding green hydrogen industry. The company announced on Friday that......

Sapphire Foods returns to profit as KFC and Pizza Hut discounts drive customer demand in India

Sapphire Foods India, one of the country's largest franchise operators for KFC and Pizza Hut, returned to profitability in the first quarter of the financial year as aggressive discount campaigns attracted more customers despite a highly competitive restaurant market. The company reported a consolidated......

Hindustan Zinc appoints new CEO as strong metal prices drive profit surge

India's Hindustan Zinc has appointed Amarendu Prakash as its next chief executive officer while reporting a sharp increase in quarterly earnings, supported by a strong rise in base and precious metal prices. The company announced on Friday that Prakash, the former chairman and managing director......

HCLTech and Sarvam AI unveil $1.48 billion artificial intelligence data center project in Odisha

India is strengthening its ambitions in artificial intelligence with a major infrastructure investment as HCLTech and startup Sarvam AI join forces to establish a large-scale AI data center in the eastern state of Odisha. The initiative represents one of the country's most significant AI infrastructure......

Modi vows tougher action on exam fraud as student protests intensify in India

Indian Prime Minister Narendra Modi has pledged swift and stringent action against those responsible for alleged examination fraud, responding to growing public anger as student demonstrations continue in New Delhi. The announcement comes after several days of protests led by students and young people......

Diageo's India business posts strong quarterly profit as premium spirits fuel growth

United Spirits, the Indian subsidiary of Diageo, delivered a sharp increase in first-quarter earnings as consumer demand for premium alcoholic beverages continued to strengthen, reinforcing the company's focus on higher-value brands in one of the world's fastest-growing spirits markets. The......

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