Indian stocks in consumption-based sectors like durables, FMCG, and auto surged after the budget announced income tax cuts for the middle class, aiming to boost spending.

Godfrey Phillips India Ltd reported a 23% rise in consolidated net profit to Rs 248.31 crore in Q2 FY25, driven by higher sales. Revenue from cigarettes, tobacco and related products increased...

Godfrey Phillips India shareholders have approved Bina Modi's reappointment as Managing Director with 86.6% votes. The AGM also saw the appointment of her daughter Charu Modi and Samir Modi's...

Godfrey Phillips India closes its retail business '24Seven' to focus on core cigarette business. Chairperson Bina Modi defends the move, citing the 'Theory of Core Competency'. The decision...

Godfrey Phillips India Ltd. announced that its board will consider issuing bonus shares to shareholders in a 2:1 ratio. The meeting will be held on September 20, 2024.

Nykaa's Q3 profit rose 51% to Rs 26.4 crore, driven by strong revenue growth across its beauty and fashion verticals. The company's consolidated revenue from operations increased by 27% to Rs...

Syngene International's MD & CEO Jonathan Hunt has stepped down, with Peter Bains appointed as CEO Designate. Learn more about the transition and the new leadership.

Grasim Industries reported a 29.15% decline in consolidated net profit for Q3 FY25, driven by lower cement realisations and investment in the paints business. Revenue grew 8.84% YoY.

India's agriculture ministry has revised guidelines for the Market Intervention Scheme (MIS), increasing the procurement limit of crops to 25 percent. The changes aim to encourage states to...

The All India Motor Transport Congress (AIMTC) opposes a proposed increase in fitness certification fees for vehicles, citing concerns about rising transportation costs, disrupted supply chains,...

Nirmata, a cloud startup, raised USD 9.6 million in funding led by Peak XV's Surge. The company plans to expand its presence in India and accelerate product development.

Nykaa's Q3 profit rose 51% to Rs 26.4 crore, driven by strong revenue growth across its beauty and fashion verticals. The company's consolidated revenue from operations increased by 27% to Rs...

Syngene International's MD & CEO Jonathan Hunt has stepped down, with Peter Bains appointed as CEO Designate. Learn more about the transition and the new leadership.

Grasim Industries reported a 29.15% decline in consolidated net profit for Q3 FY25, driven by lower cement realisations and investment in the paints business. Revenue grew 8.84% YoY.

India's agriculture ministry has revised guidelines for the Market Intervention Scheme (MIS), increasing the procurement limit of crops to 25 percent. The changes aim to encourage states to...