News
Maharashtra’s food safety authorities have escalated a high-profile campaign against poor hygiene in the food and grocery sector, turning their attention to India’s rapidly expanding quick-commerce industry after inspections uncovered serious sanitary problems at multiple warehouses. The......
Bata India posted a strong start to its new financial year, with first-quarter profit rising 23% as consumers showed sustained demand for higher-priced footwear and sneakers. The Indian footwear retailer reported a profit of 639.8 million rupees ($6.70 million) for the quarter ended June 30, compared......
Thermo Fisher Scientific expects its customer base in India to grow by 15% to 20% over the next five years, as expanding biopharmaceutical research and manufacturing activity drives demand for laboratory and drug-development technologies. The US-based life sciences company is targeting continued double-digit......
An Air India captain has been subjected to additional laboratory testing after an initial screening following a serious in-flight incident indicated a result requiring confirmation, India's civil aviation ministry said on Sunday. The pilot was commanding an Air India A320 travelling from Phuket......
India's food safety regulator has challenged Diageo over the labeling of one of the drinks giant's leading whiskies, arguing that a claim that the product was “matured in American oak casks” could give consumers a misleading impression about how much of the whisky had actually undergone......
India's food safety regulator is standing by its decision to enforce a 90-day deadline requiring beverage manufacturers to remove the term "energy drink" from product labels, a move that is expected to create significant operational and financial challenges for major domestic and international......
Godrej Consumer Products reported a solid increase in quarterly earnings, supported by resilient consumer demand in India and robust international sales, reinforcing the company's growth strategy despite continued pressure from higher raw material costs. The latest financial results highlight the......
India's fuel consumption climbed to its highest level in four months during July, reflecting resilient domestic energy demand despite mixed performance across individual petroleum products. New data released by the country's Petroleum Planning and Analysis Cell (PPAC) showed total fuel consumption......
India's transition toward E20 petrol is reshaping consumer preferences, with growing uncertainty surrounding the new fuel standard encouraging more buyers to consider compressed natural gas (CNG), hybrid, and electric vehicles. According to the Federation of Automobile Dealers Associations (FADA),......
Jio-BlackRock Asset Management has officially entered India's exchange-traded fund (ETF) industry with the launch of the JioBlackRock Nifty 50 ETF, a move that expands competition in one of the world's fastest-growing investment markets. The new product, introduced by the joint venture between......
India’s market regulator is considering changes to offshore fund disclosure requirements as pressure grows from investors seeking greater flexibility in accessing the country’s financial markets, according to sources familiar with the discussions. The Securities and Exchange Board of India......
India is considering changes to its tax framework aimed at making the country more attractive to offshore investment funds by reducing the risk of local tax liabilities when foreign investors operate through India-based fund managers. The proposed amendments, outlined in a draft bill, are part of government......
India's power regulator has proposed new measures to reduce financial pressure on renewable energy developers whose projects have been delayed because transmission infrastructure was not ready on time. The draft regulations, released by the Central Electricity Regulatory Commission (CERC), would......
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