Venture debt firm Anicut Capital has acquired founder Ankur Jain’s 17.8% pledged stake in B9 Beverages, the company behind Bira 91. The move follows significant debt pressure, with the firm now leading a management restructuring to addre...
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Indian manufacturers of tea, electronics, apparel, and cars are planning further price hikes of up to 8% in August. These increases are driven by rising raw material costs and expensive shipping rates caused by the ongoing West Asia conf...
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India has launched a new task force and sector playbook to scale its toy manufacturing. The government targets a 5% global market share by 2032, building on a recent surge in exports and a shift from a trade deficit to a $152 million sur...
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USV Pharma has purchased a 79% majority stake in D2C wellness brand Wellbeing Nutrition for ₹1,583 crore. This acquisition provides an exit for early investors like Hindustan Unilever and Fireside Ventures while aiming to scale the brand...
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Monika Alcobev has signed an exclusive deal to import and distribute Angostura’s rum and bitters portfolio in India. The company plans to begin sales in Maharashtra and Delhi before expanding nationwide, targeting the growing market for...
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Smartphone sales in Southern India saw a 51.4% decline, performing better than the 64.3% drop in the North. While the downturn is national, regional differences in retailer confidence and demand are becoming clear ahead of the festive se...
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CCL Products reported a 61% jump in Q1 net profit to ₹116.8 crore on the back of a 13.7% revenue increase. The instant coffee maker improved its margins to 16.1% and maintains a 15% growth guidance for FY27. Lower global coffee prices an...
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Godfrey Phillips India posted a 44.3% drop in net profit to ₹189.39 crore for the June quarter, while revenue declined by 18.9% to ₹1,205.5 crore. The company, which also declared a dividend record date of August 11, 2026, faces margin p...
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V2 Retail has reached a market valuation of over Rs 8,000 crore, reflecting the successful expansion of Ram Chandra Agarwal’s value-focused retail chain. This milestone highlights the company’s growth in tier-II and tier-III cities, mark...
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Tata Consumer Products aims for mid-teen revenue growth and a 50-70 basis point EBITDA margin expansion by FY27. The company is banking on its fast-growing 'growth portfolio' and a new push into frozen foods to drive results, despite int...
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India's food safety regulator has directed major beverage brands to remove 'energy drink' labels within 90 days. The FSSAI cites a lack of Indian standards and misleading health claims for the move, which impacts popular products like St...
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Asian Paints is expected to report 14-17% revenue growth for the first quarter ending June 2026, supported by pre-monsoon stocking and price hikes. While top-line performance remains robust, rising crude oil costs may tighten gross margi...
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P N Gadgil Jewellers reported a 52% rise in net profit to Rs 105 crore for the June quarter, while revenue climbed 40% to Rs 2,413 crore. The strong performance was driven by a 46.1% increase in same-store sales and rising retail demand....
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Fast Retailing, the parent of Uniqlo, is preparing an international expansion for its budget-focused brand, GU, to compete with global fast-fashion leaders. The company targets ¥1 trillion in annual revenue, aiming to attract younger con...
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Eureka Forbes aims to double its revenue to ₹5,400-5,600 crore and triple its EBITDA to ₹800-850 crore by 2030. Backed by Advent International, the company expects growth to accelerate from FY27 through product innovation and deeper mark...
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Visage Lines Personal Care, parent company of Bombay Shaving Company, reported a 139% revenue surge to ₹634.7 crore in FY26. The firm achieved a positive adjusted EBITDA of ₹2.2 crore, marking a turnaround from the previous year's losses...
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Asian Paints shares rose 2.16% to Rs 2,694.80 on Monday, moving against the broader market trend. The company is set to hold an investor conference call on July 29, 2026, to discuss its June quarter financial results. Investors are focus...
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Radisson Hotel Group has signed agreements for 10 new hotels in India, covering pilgrimage sites and business hubs like Bengaluru. This expansion uses an asset-light model to increase the company's presence in tier-2 and tier-3 markets....
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Pidilite Industries shares rose 2.16% to Rs 1,604.80 following an 11.12% revenue jump for FY26. While annual profits grew 17.80% to Rs 2,473.09 crore, quarterly results show a slight sequential dip in earnings. Investors are weighing thi...
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Trent shares gained 2.02% to trade at Rs 2,948.90 on Monday, reflecting a multi-year trend of sharp revenue and profit expansion. The company’s focus on reducing debt alongside consistent dividend distributions and a recent bonus issue h...
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