Trent shares drop ~8% after revenue growth stays flat even during festive months

India, Jan. 6 -- Shares of Trent Ltd. plunged after the Tata Group-controlled apparel retailer projected its revenue to stay flat in what was a festive quarter. Trent's share price fell as much as 8.... Read More

Godrej Consumer expects double-digit growth in Q3 on easing GST 2.0 disruptions

India, Jan. 6 -- Godrej Consumer Products Ltd. has guided for double-digit growth in October-December as disruptions brought on by GST reforms eased. "We remain confident of a gradual improvement in ... Read More

Sensex, Nifty 50 see muted start as IT stocks decline on US tariff concerns

India, Jan. 5 -- India's stock market was subdued at the open today, with a drop in IT stocks and concerns over US tariffs offsetting positive business updates that reinforced expectations of better q... Read More

Farhan Akhtar's Excel Entertainment sells 30% stake to Universal Music in landmark deal

India, Jan. 5 -- Farhan Akhtar's Excel Entertainment Pvt. Ltd. has sold a minority stake to Universal Music Group NV's India unit, in a deal that pegs the valuation of the production company more than... Read More

Govt seen unlikely to change RBI inflation target in upcoming revision

India, Jan. 5 -- The government is likely to retain the Reserve Bank of India's inflation target, as the existing mechanism is seen as effective in managing inflation in the world's fourth largest eco... Read More

Yum! deal? India's KFC, Pizza Hut operators announce $934-million merger

India, Jan. 2 -- India's KFC and Pizza Hut operators Sapphire Foods India Ltd. and Devyani International Ltd. are coming together in a $934-million deal, creating a fast-food powerhouse in the world's... Read More

ITC market cap erodes by rRs.r63,000 crore as 'tax shock' stokes concerns on profitability

India, Jan. 2 -- India's largest cigarette maker ITC Ltd. wiped out nearly $7 billion (~ Rs.63,000 crore) in market capitalisation after the government's cigarette "tax shock" stoked concerns on profi... Read More

ITC share price takes a hit as India hikes excise duty on cigarettes from 1 February

India, Jan. 1 -- The government has imposed additional excise duty on tobacco products from 1 February 2025, making cigarettes costlier for an estimated 10 core smokers in the world's most populous co... Read More

India puts excise duty on tobacco products, including cigarettes, from February 1

India, Jan. 1 -- The government has imposed additional excise duty on tobacco products from 1 February 2026, making cigarettes costlier for an estimated 10 crore smokers in the world's most populous c... Read More

GST collection grows 6.1% in December 2025 as rate-cut impact shows

India, Jan. 1 -- India's GST collections is showing a marginal improvement as the impact of GST 2.0 continued to weigh on domestic indirect-tax revenue. Gross GST collection rose 6.1% to over Rs.1.74... Read More

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