CEAT Ltd is set to implement price increases of about 5 per cent across categories by early May and indicated that further hikes may be required, as rising raw material…
Category: Companies
Bandhan Bank pegs ₹1,250 crore provisioning hit from credit loss framework shift
MUMBAI: A day after the Reserve Bank of India (RBI) to transition to the expected credit loss (ECL) framework for recognizing stressed loans, on Tuesday said it estimates a one-time…
Vummidi Bangaru Jewellers eyes ₹5,000 crore revenue by FY28
Chennai-based Vummidi Bangaru Jewellers (VBJ) is gearing up for a phase of expansion with a revenue target of ₹5,000 crore by 2027-28. The 125 year old-jewellery retailer, who notably made…
Srichakra to invest ₹425 crore in rPET capacity, targets ₹1,000 crore in FY27
Hyderabad-based Srichakra Polyplast has lined up ₹425 crore in capital expenditure to expand its food-grade recycled PET (rPET) capacity from around 90,000 tonnes to over 113,000 tonnes by 2026, as…
Radisson Hotels expands presence in Mumbai metro region
Radisson Hotel group is strengthening it’s presence in Mumbai Metropolitan Region with the signing of two hotels in Thane and Mira Bhayender areas. The hotels are expected to be ready…
Quick commerce war intensifies as Jio, Amazon, Flipkart scale up to challenge incumbents
India’s quick commerce market is entering a new scale-up phase, with deep-pocketed conglomerates ramping up investments to challenge incumbents and reshape the competitive landscape. Reliance Retail’s JioMart is emerging as…
LTM launches BlueVerse studio in Bengaluru
LTM has launched its BlueVerse Studio in Bengaluru, a hub designed to accelerate Enterprise Agentic AI adoption for clients and deliver measurable business outcomes. LTM continues to launch more studios…
Eternal posts multi-fold growth in net profit
Eternal, which owns Zomato and Blinkit, witnessed a 346 per cent surge in consolidated net profit to ₹174 crore in the March quarter from ₹39 crore a year ago. Consolidated…
Sapphire Foods bets on KFC value meals to drive traffic amid weak demand
, which runs KFC and Pizza Hut in India, is stepping up a permanent value-pricing push at KFC to bring more customers into stores amid weak consumer demand. The move…
Dalmia Bharat’s profit jumps, flags war-led cost pressures
Dalmia Bharat Ltd, the country’s fourth-largest cement maker by capacity, reported a sharp rise in quarterly and annual profits but flagged cost pressures that began building in March due to…