Stock markets gave up strong early gains on Thursday and ended lower as worries over possible RBI rate hikes, inflation risks and global uncertainty kept investors cautious despite softer crude…
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Parle ramps up Melody production as demand surges after Modi’s gift to Meloni
Parle Products has increased production of its Melody toffee due to a significant surge in demand, following a viral video showing Prime Minister Narendra Modi gifting a pack of the…
Credit Saison India raises $500 million via ECB
Credit Saison India has raised $500 million through a multi-currency external commercial borrowing (ECB) syndication, marking the largest overseas borrowing exercise in the company’s history and taking its cumulative ECB…
Oben Electric eyes Kerala expansion; launches Rorr Evo electric motorcycle
Oben Electric, one of the fastest-growing R&D-driven electric motorcycle manufacturer, has announced plans to strengthen its presence across Kerala with the addition of 10 new showrooms across the State by…
Rupee shored up by firm RBI intervention but oil risks linger
rose on Thursday, its first day of gains in two weeks, after the central bank shored up the currency through firm intervention, while a media report that policy options including…
JSW Group partners with Uber to develop and deploy EVs in India
JSW Group and Uber have partnered to jointly develop and deploy electric vehicle (EV) solutions tailored for the Indian ride-hailing market, with the aim of accelerating EV adoption in line…
QSR chains brace for slower growth, margin pressure after weak FY26 demand
India’s quick-service restaurants (QSRs) are bracing for a challenging 2026-27 after a weak 2025-26, as rising energy costs stoke inflation and weigh on discretionary spending, pressuring growth and margins. Looming…
Odisha NBFC Annapurna Finance to raise $75-100 mn to facilitate exits for early backers
MUMBAI: Annapurna Finance, a non-banking financial company in Odisha, plans to raise $75 million-100 million in equity this year with some of its early backers selling their stake in part…
Amazon India to add 100 beauty brands to its premium kitty as online competition increases
Amazon India is expanding its premium beauty portfolio with the addition of perfumes from Dolce & Gabbana and skincare and make-up products from Laura Mercier and Paula’s Choice to cater…
In FY26, private banks’ return on equity moderates amid NIM pressure, treasury losses
Mumbai: The return on equity of several private sector banks moderated in 2025-26 as pressure on net interest margins and a fall in treasury income weighed on profitability, according to…