Tata Consumer’s MD & CEO Sunil D’Souza believes that food inflation is putting pressure on urban spending, which is taking a toll on out-of-home consumption. In a conversation with FE, D’Souza throws light on the company’s strategy in the wake of inflationary concerns and whether volume growth will continue be weak. He also indicates how
Shares of some Tata Group companies, especially Tata Chemicals, gained on Monday as speculation over the listing of Tata Sons drove hopes of value unlocking for investors. Tata Chemicals, which holds a 3% stake in Tata Sons, was one of the biggest gainers as it rose over 9%. It could be the biggest beneficiary of
Jeep India has launched the facelift version of the Meridian starting from Rs 24.99 lakh, ex-showroom. Jeep has slashed the price of the 2025 Meridian by over Rs 6 lakh. It is available in four variants and comes in two versions — 5 and 7-seater. This is the first time the Meridian is available as
Tyres. There are a plethora of choices for motorcycle tyres, however, in India, the choices are limited due to the government’s mandate for BIS certification. With limited choices, a new brand is always welcome and this time around, it’s from Reise Moto, in the form of the traceRAD. Aimed at sub-500cc motorcycles, the traceRAD promises
In collaboration with Google Cloud, JSW MG unveiled two AI chatbots, using Riafy (an AI app developing company) named as Avira and Vir, to improve customer interactions and service. The chatbots powered by Google Cloud’s PaLM 2 technology, a large language model developed by Google, will be available on various platforms, including the MG website
Aditya Birla Group’s UltraTech Cement on Monday missed Street estimates on all the key fronts during the July-September quarter, primarily because of slowdown in demand due to monsoon and project delays which hit price realisations. The company’s net profit fell 36% year on year to Rs 820 crore, while revenue from operations was down 2.4%
It’s an action-packed morning on D-street on October 22. Hyundai Motor India will be listed on the bourses on October 22. Also, investors will assess the first quarterly results of Bajaj Housing Finance after it is listed last month. That apart Waaree Energies IPO continues to garner investor interest. The Hyundai IPO concluded with the
With investors shifting their focus to China, the momentum of flows into India-focused offshore funds has taken a sharp hit this month. Besides, weak domestic earnings growth also led global investors to rethink their short-term fund deployment strategy. The average weekly inflows into these funds in October have been $138 million, less than half of
If sixty is the new forty, the travel industry is making the most of it, offering curated packages for the sexagenarians, septuagenarians and even octogenarians. From cruises to skiing, Europe to Japan, there is something for everyone, even a trip to Antarctica. Booking.com’s Travel Predictions 2025 suggest baby boomers (those born between 1946 and 1964)
Contract manufacturing marketplace Zetwerk Manufacturing Businesses is eyeing an initial public offering (IPO) within the next 15 to 24 months, a senior company official said. “I don’t know if it (IPO) will happen this year. We are looking to file. We are doing all the preparation work, but I think 15 to 24 months is
The Bureau of Indian Standards (BIS) has conducted raids on warehouses operated by major e-commerce platforms, including Amazon and Flipkart, resulting in the seizure of thousands of uncertified consumer products, according to the consumer affairs ministry. Key seizures from Amazon and Flipkart On March 7, BIS officials raided an Amazon warehouse in Lucknow, confiscating 215
Marcellus Investment Managers has seen its Portfolio Management Services (PMS) assets under management (AUM) decline sharply by 64% from Rs 12,704 crore in October 2022 to Rs 4,734 crore currently. The primary reason? Valuation missteps in stock selection, as acknowledged by the firm itself. In a post on social media platform X, Kanan Bahl, CA
Since the Securities and Exchange Board of India (SEBI) permitted the launch of silver Exchange-Traded Funds (ETFs) in November 2021, these funds have witnessed remarkable growth. By January 2025, the total Assets Under Management (AUM) for silver ETFs surpassed Rs 13,500 crore, with over six lakh investor folios. As of that date, there are 12
