Akzo Nobel India reported a 14% increase in net profit to Rs 108.7 crore in the fourth quarter, driven by higher demand from the automotive sector. Despite muted retail demand due to higher rainfall and price hikes, the company's revenue from operations rose 3% to Rs 9.82 billion.

Jubilant Foodworks Ltd., the operator of Domino's Pizza and Dunkin' in India, reported a lower net profit of Rs 66.53 crore in the second quarter, compared to Rs 97.2 crore in the same period last year. Despite the profit dip, revenue rose to Rs 1,954.72 crore from Rs 1,368.63 crore, fueled by expansion and growth in the Indian market.

Britannia Industries' revenue from operations increased by 5.29 per cent to Rs 4,667.57 crore in Q2 FY25, up from Rs 4,432.88 crore during the second quarter of the financial year 2023-24. On the company's quarterly performance, Varun Berry, vice chairman and managing director, said, “A ~8% volume growth with a sequential increase in revenue and operating profits are satisfactory results in the face of severe commodity inflation leading to a tepid consumer demand scenario in most FMCG categories."

Indian consumers are increasingly choosing healthier snack options, driving the segment's rapid growth. Emerging brands offering smaller packs and health-focused snacks are experiencing significant success, particularly in metros and lower town classes. This health-conscious trend extends to durables like air fryers and fitness wearables, reflecting a nationwide shift towards healthier lifestyles.

Swiggy's IPO, set to be the largest tech offering since Paytm in 2019, is expected to unlock Rs 9,000 crore in employee stock ownership, creating hundreds of crorepatis among its 5,000 current and former employees.

Godrej Industries is set to acquire the food additives and emulsifier business of Savannah Surfactants Limited for Rs 76 crore. The deal will see Godrej Industries expand its product offerings to the Food & Beverages segment. Savannah Surfactants Ltd has a manufacturing capacity of 5,200 tonnes per annum of finished products.

Parag Milk Foods reported a 15.9% rise in consolidated net profit, reaching Rs 29.21 crore in the second quarter ending September 2024. This compares to Rs 25.19 crore during the same period the previous year. The company saw a 10% volume growth and a 9% value growth. Total revenue from operations increased by 9.2% to Rs 871.

Britannia Industries reported a 10% drop in profit for the quarter ended September as surging housing costs and low income growth in urban areas led to a slowdown in demand for fast-moving consumer goods. While rural demand has been stable, urban demand has seen a significant downturn, mirroring global trends of consumer confidence returning but wages lagging behind inflation.

India's retail inflation rose to 6.21 percent in October. This is a significant increase from September's 5.49 percent. Food prices are the main reason for this surge. This is the first time since August that inflation has gone beyond the Reserve Bank of India's 6 percent limit. The rise in onion prices is a major concern.

Coca-Cola India's consolidated profit plummeted by 41.82% to Rs 420.29 crore in FY24, despite a 4.24% increase in revenue, reaching Rs 4,713.38 crore. The company's advertising and sales promotion expenses surged by 35.47% to Rs 1,520.21 crore, while royalties paid to its US parent company also rose.

Chinese appliance giant Haier Group has submitted a proposal to the Indian government to form a joint venture with India's JSW Group. The proposed venture represents a significant investment of Rs 1,000 crore and requires government approval due to Haier's Chinese origins. This move comes after JSW's recent joint venture with Chinese automaker SAIC Motor.

"During the quarter, the company maintained the growth momentum established in the first quarter. A strong performance across all major segments, supported by a robust order book, reflects increasing demand for its diverse product portfolio," said an earnings statement from Blue Star.

US President Donald Trump's second term may benefit India's electronics industry. The US plans to impose tariffs on Chinese electronics, encouraging companies to seek alternative manufacturing hubs. India, with its growing manufacturing sector, stands to gain. Experts believe this shift could lead to increased electronics exports from India to the US. However, concerns remain about India's capacity to handle the potential surge in production.

Infiniti Retail, that operates popular electronics retailer Croma, is preparing for a leadership transition. Shibashish Roy, the current Deputy CEO, will step into the role of CEO on November 18, 2024, succeeding Avijit Mitra. Mitra, who has been instrumental in Croma's growth.

Sony India, experiencing substantial growth in its gaming sector due to the PlayStation 5's success, is now eyeing India as a key market. Despite anticipating moderated growth this fiscal year, the company remains committed to expanding its gaming presence, including software and peripherals. Sony India last week filed its annual returns to report over 50.1 per cent growth from its 'other business' segment at Rs 1,363.54 crore, which houses its gaming and B2B business.

​​The Umbergaon, Valsad-based company said the issue comprises Rs 850 crore of offer for sale and Rs 350 crore of fresh issue, and will close on December 15. Its chief financial officer Rahul Shah told reporters here that the floor price is 75 times and the cap price is 79 times the face value of the equity shares.

India's Pidilite Industries , which makes Fevicol adhesives and Dr. Fixit waterproofing products, posted a 6.2% jump in fourth-quarter profit on Tuesday, driven by lower input costs.

​​Santosh Raveshia, Managing Director, DOMS Industries Limited said, "As we conclude FY24, we are pleased to report on a period marked by significant achievements and strategic initiatives that have reinforced our strong position in the stationery and art materials market. We continued seeing positive business traction resulting in robust sales growth coupled with further elevation of margins, reflecting upon the strength of the ‘DOMS’ Brand to connect with its consumers."

Shree Vallabh Metals in October 2023 had secured an injunction from Delhi HC against the use of the MAX FRESH trademark by Cello Plastic Industrial Works.

DOMS Industries Limited witnessed a 42.8% surge in consolidated profit after tax, reaching Rs 53.7 crore in Q2 FY25. This growth was fueled by a 19.7% rise in revenue, driven by strong sales in writing instruments, adhesives, and kits. The acquisition of a 51.8% stake in Uniclan Healthcare further bolstered the company's performance.

India's home textile industry is set to witness 6-8 per cent growth this fiscal, riding on resilient demand from the US and expansion in the domestic market, according to a report on Tuesday.

Hugo Boss reported third-quarter operating profit slightly above expectations, but acknowledged it won't achieve its 2025 revenue and profit growth targets due to weak demand. Despite cost-cutting measures, the luxury fashion brand faces challenges from cautious consumer spending and a difficult market, particularly in China.

Pernia's Pop-Up Shop is raising funds for its initial public offering. The company plans to use the funds to expand its retail network and become debt-free. The retailer aims to open more stores in Mumbai and Delhi. Pernia's Pop-Up Shop sells designer wear from various brands. The company achieved significant revenue growth in the last financial year.

Trent reported a 46.9% increase in consolidated net profit to Rs 335.06 crore in the second quarter that ended September 30, 2024. Revenue from operations grew by 39.3% to Rs 4,156.67 crore. The company expanded its store footprint, with 800 large-format fashion stores across 184 cities. Also, it opened new stores for both Westside and Zudio brands during the second quarter of this fiscal.

Richemont, the owner of Cartier, fell short of profit projections for the first half of the year and expressed caution regarding China's recovery, causing a decline in European luxury stocks. The company's sales were impacted by a downturn in the Asia-Pacific region, particularly in China, where consumer confidence remains low.

The Confederation of Indian Textile Industry (CITI) on Monday said the return of Donald Trump as the next US President will bolster India's textile and apparel trade with its largest international market.

Driven by central bank purchases and geopolitical tensions, gold prices soared to 39 new all-time highs in 2024, marking the highest number in 45 years. The surge, influenced by strong Asian demand and US election anxieties, saw gold reach $2,734 per ounce, prompting predictions of further increases.

L'Oreal's third quarter sales rose by 3.4% but missed expectations due to low consumer confidence in China. North Asia sales declined 6.5%. Reduced demand for suncare and dermatological products also slowed growth. Chief Executive Nicolas Hieronimus highlighted the need to excite consumers with new innovations, especially targeting young GenZs.

9Skin, co-founded by actress Nayanthara, partners with Reliance Retail's Tira to expand into offline retail in India. This collaboration launches the exclusive Skinderella Hydrogel Mask. The partnership aims to offer innovative, natural skincare solutions, now available both online and offline through Tira's network.

FirstCry's CEO Maheshwari saw a 49% compensation drop. The company plans an IPO, approaching SEBI. Employee benefits decreased, with a Rs 23,000 crore valuation and an expected IPO of $3.5-3.75 billion.

India's toy exports saw a slight decline to USD 152.34 million in 2023-24 from USD 153.89 million the previous year. Despite quality control orders, exports did not benefit much. GTRI Founder Ajay Srivastava suggested a more comprehensive strategy to develop the industry and boost exports.

According to a circular upload on BSE, Brainbees Solutions allotted 4.05 crore equity shares to 71 funds at Rs 465 apiece, which is also the upper end of the price band. This takes the transaction size to Rs 1,886 crore. The IPO, with a price band of Rs 440-465 a share, will open for public subscription on August 6 and close on August 8.

After being tapped to lead the Department of Government Efficiency with Vivek Ramaswamy, Elon Musk said all of the actions taken by the department will be posted online for "maximum transparency."

The incoming Senate Republican Conference will meet Wednesday morning to elect the successor of Senate Minority Leader Mitch McConnell, R-Ky.

Want to work at one of the Federal Government's "Best Places to Work" and protect the retirement security of millions of workers and retirees? The Pension Benefit Guaranty Corporation's (PBGC) Office of Policy and External Affairs (OPEA) is looking for a DC-area Administrative Support Specialist. The GS-11 position will: Provide administrative support for PBGC' s Advisory Committee, comprised of Presidentially appointed members, including travel, budget, payroll, speaker presentation coordination (including audio/visual support) and meeting preparation. Manage Congressional Correspondence tracking system in a confidential capacity and handling sensitive Congressional correspondence. Work closely with leadership to coordinate a variety of essential services through various PBGC organizations, e.g., budget, procurement, human resources, information technology, etc. Perform research assignments, special projects, and a broad range of administrative functions, including matters of a sensitive nature, for leadership as necessary in executing the missions of the office. The candidate is required to be on-site at least one day per week and may be asked to be onsite to support in-office staff for special meetings and events as needed.

It's Night 1 of the highly anticipated return of Cinetopia! Marquee Arts executive director Russ Collins and Marquee Arts cinema program director Nick Alderink join WEMU's David Fair to chat about this year's Cinetopia Film Festival, along with the latest Pixar film that opens at your favorite multiplex!

The 2024 Cinetopia Film Festival rolls on in Ann Arbor! Marquee Arts executive director Russ Collins joins WEMU's David Fair to provide an update on the film fest and the new films opening downtown. Plus, Russ brings along filmmaker and Eastern Michigan University alumnus Heidi Philipsen, who talks about her film "Love & Vodka," which closes out Cinetopia this weekend!

When it comes to the 4th of July, fireworks and film go hand-in-hand! Both David Fair and Russ Collins are on vacation this week, so WEMU's Mat Hopson and Marquee Arts cinema programming director Nick Alderink meet up to chat about the newest films and special screenings coming your way this Independence Day weekend!

July is well underway, and more movies keep coming to the big screen! WEMU's David Fair is joined by Marquee Arts cinema programming director, Nick Alderink, to talk about the new films and special screenings coming to downtown Ann Arbor and your favorite multiplex!

The Ann Arbor Art Fair kicks off this week, and the Michigan and State Theatres will bring along some great movies to go with it! WEMU's David Fair meets up with Marquee Arts cinema programming director Nick Alderink to chat about all of the cinematic happenings for the coming weekend!

An exciting weekend is coming to the movie world, including one of the most anticipated superhero matchups ever! WEMU's David Fair mets up with Marquee Arts cinema programming director, Nick Alderink, to give you a rundown of upcoming films and special screenings!

After a month-long vacation, Russ Collins made his return to the WEMU studio for Cinema Chat! Along with a few travel stories, Russ shared what's coming to the silver screen in the coming days with WEMU's David Fair.

Summer may be winding down a bit, but the summer movie season is still going! WEMU's David Fair meets up again with Marquee Arts executive director Russ Collins to chat about the latest films and special screenings coming to a theater near you! Plus, the Michigan Theater is hosting not one, but two huge high school reunions!

We're halfway through August, so there's still time to catch a summer flick! WEMU's David Fair is away this week, so Mat Hopson steps in to discuss the newest movies and upcoming special screenings at your favorite downtown movie houses with Marquee Arts executive director Russ Collins!

After a week away, WEMU's David Fair returns to chatting about cinema with Marquee Arts executive director Russ Collins. As they do every week, they deliver all of the details on new films and the many special screenings coming to Ann Arbor!

WEMU's David Fair was joined by Marquee Arts executive director, Russ Collins on a pre-Labor Day edition of "Cinema Chat". They took time to discuss the new films and special screenings landing on the big screen for your holiday weekend viewing pleasure.

It's the first week of September, and we have plenty of movies to chat about! WEMU's Mat Hopson sits in David Fair to share all of the movie news and info on special screenings and events you could ask for with Marquee Arts executive director Russ Collins!

Days are getting a bit shorter here in Michigan, but there's always time to catch a flick! WEMU's David Fair meets up again with Marquee Arts executive director Russ Collins to chat about the newest films and special events hitting the big screen!

Whether you prefer the modern age of cinema or the silent era, there's plenty of films worth checking out this weekend and beyond! WEMU's Russ Collins from Marquee Arts gives the full cinematic rundown in his conversation with WEMU's David Fair.

We are officially in the fall season, and a whole bunch of movies are falling into your favorite theaters! WEMU's David Fair chats about the latest films and special screenings with Marquee Arts executive director, Russ Collins.