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
DA Hike for July-December 2025: Central government employees and pensioners are hopeful that the last dearness allowance (DA) revision in the 7th Pay Commission will be better than the last one announced for the January-June cycle 2025. The government hiked DA by 2% for the first half of the current calendar year. At present, the
Man Industries will raise Rs 300 crore through a preferential allotment of convertible warrants and equity shares. The company has scheduled an Extraordinary General Meeting (EGM) on June 25 to get the necessary approvals from investors. ALSO READVodafone Idea not out of woods yet: Can the latest fund raising spur a revival? As per the
The Indian benchmark indices, Sensex and Nifty, ended Tuesday’s session with sharp losses after a subdued start. The Sensex closed at 80,737.51, falling 636.24 points or 0.78%, while the Nifty slipped 174.10 points or 0.70% to settle at 24,542.50. The Nifty Bank index also declined, closing at 55,599.95, down by 0.54%. Here are 5 key
Income tax returns (ITRs) for AY 2025-26 (financial year 2024-25) finally started, with almost a two-month delay, on May 30, 2025. The Central Board of Direct Taxes (CBDT) on May 30 released two Excel-based utilities for ITR-1 and ITR-4 filers. Usually, the government makes online and offline ITR utilities available in the second or third
US President Donald Trump increased the tariffs on steel and aluminium, and the increased 50 percent tariffs would be effective from June 4. The increase in tariffs on steel and aluminium could have a major impact on Indian companies, as India exports about $4.6 billion worth of iron, steel, and aluminium products every year to
