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Trent loses $20-billion market cap since 2024 peak as 'Zudio' rally wears off

India, Jan. 7 -- 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. Shares of... Read More


Hatsun Agro executive accidentally posts Q3 earnings draft on WhatsApp status

India, Jan. 6 -- A senior executive at Hatsun Agro Product Ltd. inadvertently posted the dairy company's draft quarterly financial results to their personal WhatsApp Status, exposing sensitive data to... Read More


Trent share price drops ~8% after revenue growth stays flat sequentially

India, Jan. 6 -- Trent Ltd. dropped nearly 8% in early trade on Tuesday, after the pace of its standalone on-year revenue growth in the quarter ended December remained unchanged from the previous thre... Read More


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