Trent Ltd., once a market darling that topped India’s Nifty 50 index in 2024, is stuck in a deepening rout that’s wiped out $20 billion in market capitalisation since then. Trent, which operates Westside and Zudio, is facing mounting pressure from Reliance industries (Trends) and Aditya Birla Group (Pantaloons), which are expanding aggressively into affordable […]
JSW Motors Pvt. Ltd. has appointed Amit Jain as its chief commercial officer, signaling a significant escalation in JSW Group’s independent automotive ambitions. Amit Jain, chief commercial officer at JSW Motors. (Handout) Jain, an automotive veteran with over two decades of experience, joins from Jubilant MotorWorks, where he served as Group CEO. His mandate at […]
The US attack on Venezuela to dismatle the regime of President Nicolás Maduro is creating dichotomy of sorts for India—a neutral outlook for the stock market but a potential billion-dollar windfall for state-run oil producers. The US attack on Venezuela is unlikely to affect India’s stock market except oil producers, at least for the time-being. […]
India’s largest cigarette maker ITC Ltd. wiped out nearly $7 billion (~ ₹63,000 crore) in market capitalisation after the government’s cigarette “tax shock” stoked concerns on profitability. ITC is India’s largest cigarette maker, deriving more than 40% revenue from the product. (Reuters) ITC’s share price fell as much as 5.11% to ₹345.35—the lowest since February […]
New Delhi: The government on Wednesday launched the first of 11 schemes proposed under the ₹25,060 crore Export Promotion Mission (EPM) that will provide financial and institutional support to exporters, particularly micro, small and medium enterprises (MSMEs), in expanding their business in global markets. A textile factory in Bhiwandi near Mumbai. (File photo) (AFP) “The […]
India’s stock market ended the year with their worst annual underperformance versus Asian peers in nearly three decades, weighed down by foreign outflows and a weakening rupee. The Bombay Stock Exchange building on Dalal Street in Mumbai. (Bloomberg) A rebound in the nation’s shares that started in September has faded as global fund managers cut […]
Mumbai’s real estate market recorded 150,254 property registrations in calendar year 2025, marking a 6% increase from 141,202 registrations in 2024, according to data from the Inspector General of Registration and Controller of Stamps, Maharashtra. Mumbai’s real estate market reported 150,254 property registrations in the calendar year 2025, a 6% increase from the 141,202 properties […]
A Reddit post by a resident of Panathur in east Bengaluru has sparked a debate on whether the tech city still offers ‘good’ and affordable housing options for IT professionals, as prices continue to climb across key tech corridors such as Whitefield, Varthur and Sarjapur Road. A Reddit post by an east Bengaluru resident has […]
Interest-rate cuts by the Federal Reserve and firm growth should extend the economic cycle and support risk assets, though the next phase may be choppier, according to Goldman Sachs Group Inc. strategists. The logo for Goldman Sachs is seen. (Reuters) “Sturdy global growth coupled with non-recessionary Fed cuts should be positive for global equities, but […]
Indian investors are increasingly broadening their exposure beyond single-stock investments to include US equities, index and thematic ETFs, private market opportunities, and global funds, a report said. Image for represenational purposes only. (Pexels) This reflects a more structured approach to portfolio construction and a growing comfort with global market participation, a report titled ‘How India […]
