Mumbai: India alongside China and Brazil drove volume growth for American beverage giant Coca-Cola in the March quarter even as the company had to contend with a weakening consumer sentiment in developed markets like the US which weighed on its share of volume gains in the regions.The firm’s consolidated volume grew 2% during the quarter….
This is an AI generated image (credit: Bing image creator) US stocks are witnessing mixed investor sentiments on Tuesday, with the Dow Jones Industrial Average inching up by 66.28 points, or 0.16%, to 40,293.87. In contrast, the Nasdaq Composite slipped 90.44 points, or 0.52%, to 17,275.69, while the S&P 500 fell 18.94 points, or 0.34%,…
Tata Group’s retail arm, Trent Ltd, on Tuesday reported a sharp 56.24% drop in its consolidated net profit for the quarter ended March 31, 2025, despite a healthy jump in revenue. The company posted a net profit of Rs 311.60 crore in Q4 FY25, down from Rs 712.09 crore in the same quarter last year,…
Ambuja Cements, part of the Adani Group, posted its highest-ever annual profit after tax (PAT) of Rs 5,158 crore, marking a 9% year-on-year rise. The cement maker also clocked in a record annual revenue of Rs 35,045 crore for the financial year ended March 31, 2025, up 6% from the previous year.Ambuja’s quarterly performance was…
Representative image (Credit: Canva) NEW DELHI: Tearing or damaging a currency note is a common mishap, but to ensure it doesn’t lead to financial loss, the Reserve Bank of India (RBI) has laid down clear rules for the exchange of damaged currency.The guidelines are meant to ensure that soiled, mutilated, or even badly deteriorated notes…
File photo: Maharashtra CM Devendra Fadnavis (Picture credit: PTI) NEW DELHI: The much-awaited Mumbai-Ahmedabad bullet train project will be ready for operations by 2028, Maharashtra chief minister Devendra Fadnavis announced on Monday, while also revealing that the state aims to raise $50 billion from international investors to accelerate infrastructure development.“By 2028, we will be able…
FPIs invested approximately $4.11 billion in Indian stocks across nine consecutive sessions. (AI image) Foreign investorsmaintained their longest purchasing streak since July 2023 on Monday, driven by optimistic prospects regarding US trade agreements, attractive company valuations, and India’s stability amidst global uncertainties.This trend persisted despite tensions between India and Pakistan.Foreign portfolio investors (FPIs) invested approximately…
Infosys has established partnerships with NIIT and UpGrad for complimentary upskilling programmes available to trainees who departed since February. (AI image) Infosys has dismissed an additional 195 trainees who did not pass their internal assessment examinations. The number of trainees who have not passed the assessment test since February has now exceeded 800.Sources familiar with…
VTP Realty CEO Sachin Bhandari The RBI has reduced the repo rate further, raising hopes that the reduction will get transmitted to banks and other lenders. Will a cut in home loan rates boost demand for homes? VTP Realty CEO Sachin Bhandari believes a reduction in home loan rates will not impact demand too much….
Had you listened to your grandmother and bought gold on Akshaya Tritiya, your investment would have earned handsome returns. Rising geopolitical tensions and widespread economic uncertainty have pushed gold prices to almost Rs 10,000 per gram. Gold bought on this auspicious day has delivered double-digit returns in the past 25 years.A substantial portion of these…
