The possibility of more price hikes is not over yet within the domestic fast-moving consumer goods (FMCG) space even as prices of key agri commodities remain firm.While crude oil and its derivatives such as titanium dioxide and linear alkyl benzene (LAB) are benign for now, and so is soda ash, which is down nearly 17%
It’s a busy week on the Q4 results calendar with over 30 companies reporting their earnings in this holiday-shortened week. From tech majors Infosys, Wipro to the big boys of the banking world, ICICI Bank and HDFC Bank are all set to report their Q4 performances. Wipro: Q4 earnings on April 16 Tricky times for
By Narry (Narsimha Rao Mannepalli) It’s the Annual earnings season for most of the Indian IT industry and would be a good checkpoint to reflect on where we are and what lies ahead of us. By all indications, FY 2026 is shaping up to be another year of muted growth for the Indian IT industry—likely
Fairmont Mumbai, Accor group‘s luxury hotel chain, which was launched this week in the metropolis, is looking to break even within 5-7 years, general manager Rajiv Kapoor said in a conversation with FE. The Mumbai property, located in the suburb of Andheri, is the second for Accor’s Fairmont brand in India after the Fairmont Jaipur
IT services major Tata Consultancy Services (TCS) has decided to defer employee salary hikes for 2025 which were earlier expected to start in April. The company cited the growing macroeconomic uncertainty intensified by the ongoing tariff war between the US and other countries for the decision. The IT major made the announcement during the company
IT services giant Infosys on Thursday announced that the company will release results for the fiscal fourth quarter and year ended March 31 on April 17, 2025. “Infosys, a global leader in next-generation digital services and consulting, will announce results for the fourth quarter and year ended March 31, 2025 on Thursday, April 17, 2025
Tata Consultancy Services (TCS), Accenture, and Infosys have secured the top three positions on LinkedIn’s 2025 Top Companies list for India, according to a report released by the professional networking platform. The annual list identifies 25 large companies that offer professionals strong career growth opportunities based on user activity on LinkedIn. Cognizant also made it
The government announced a Rs 50 hike in LPG prices and proposed Rs 2 excise duty increase on petrol and diesel, seeking to use this to compensate oil marketing companies (OMCs) for their Rs 41,338 crore losses in FY25. According to a report by CNBC TV18 which cited sources, state-run OMCs — Hindustan Petroleum Corporation
SBI Life has launched a term insurance plan called ‘SBI Life – Smart Shield Plus’, designed for consumer’s evolving insurance needs, the insurer said in a statement. Claiming to have some ‘future-ready features’, the term insurance plan comes with an increasing cover, whole life protection and optional benefits, it said. “This individual, non-linked, non-participating, pure
VinFast’s founder Pham Nhat Vuong has agreed to buy the EV maker’s research and development arm for $1.52 billion, his latest cash injection into the loss-making Vietnamese company as it strives to break even by the end of 2026.The deal will involve Novatech Research and Development JSC, a Vietnam-incorporated entity, being carved out of VinFast
Regaal Resources IPO was subscribed 159.88 times on the final day of bidding on August 14. The issue received 335 crore bids for the offered 2.09 crore equity shares. Regaal Resources IPO’s Non-Institutional Investors portion was subscribed 356.73 times, receiving 160 crore bids for 44.9 lakh shares. The issue’s Qualified Institutional Buyer portion was subscribed
In the world of investing, you will probably find only a handful of people who have managed to achieve ‘legend’ status. Warren Buffett is one of them. 94-year-old Buffett, who now has a personal fortune of over $140 billion, transformed investing into an art and discipline. His ideas – which he has shared over the
IKEA has opened its first store in the national capital, a 15,000 sq ft space in west Delhi’s Pacific Mall, as the Swedish home-furnishings giant accelerates its push into high-footfall urban locations. ALSO READFrom Taj to Ginger: Inside Indian Hotels’ Rs 204 crore mid-scale play Part of a wider omnichannel push The move follows the
