BUSINESS
Green energy developers flag risks in Centre’s proposed renewable buyout option
The buyout mechanism will allow DISCOMs, captive power producers and open-access consumers to meet their green energy mandates by paying a prescribed charge instead of procuring renewable energy or Renewable Energy Certificates
BUSINESS
Budget 2026: Consumer sector seek steps to boost GST 2.0 to revive demand
Easier compliance, rationalisation of rates and strengthening formalisation of retail chain is on the industry wishlist
BUSINESS
De Beers bets on India’s rising middle class to fend off lab-grown diamond threat
The company recently opened a high-street store in Mumbai and plans to accelerate its physical retail presence. It aims to open five more company-owned stores and around 10 franchise outlets in 2026, expanding not just in metros but also into tier-2 cities, reflecting confidence that demand is spreading beyond India’s largest urban centres.
BUSINESS
Why record gold prices didn’t stop jewellers from clocking strong Q3 sales
Although the formalisation of the jewellery sector was an additional push for sales growth, analysts said that price corrections in October also drove demand momentum, which continued into November with healthy footfalls in stores, led by the wedding season.
BUSINESS
Why major steelmakers are in the Competition Commission of India's crosshairs
The Competition Commission of India (CCI) held 56 top executives, including JSW's Managing Director Sajjan Jindal, Tata Steel CEO T.V. Narendran and four former SAIL chairpersons, liable for price collusion over varying periods of time between 2015 and 2023
BUSINESS
FMCG companies see steady demand recovery, strong growth in food biz
India’s FMCG sector is not just poised for recovery but is getting ready for sustained, value-led growth, analysts say. Both Marico and Dabur expect profits to improve in the coming quarters
BUSINESS
Venezuelan situation to have little impact on Indian refiners, crude imports have remained nil since May
According to the data analytics firm, Indian companies have stayed away from Venezuelan crude oil for 8 months after 2024 peak. By May 2025, imports dropped to zero, marking a complete halt in Indian buying even as Venezuela continued exporting crude to other destinations, chiefly China and the US.
BUSINESS
Import curbs, higher costs give steelmakers leverage for price hikes
The levy, locally known as a safeguard duty, will be imposed at 12% in the first year followed by 11.5% in the second year and then 11% in the third year. The measure excludes imports from certain developing countries, though China, Vietnam, and Nepal will be subject to the levy.
BUSINESS
Indian liquor industry faces glass recycling deficit
Only 40-50% of container glass produced in India is recycled, leading to higher costs and increased carbon footprint for liquor companies.
BUSINESS
IPO-bound MSEDCL looks to refinance half of its Rs 98,000-crore debt
MSEDCL expects cost savings to the tune of Rs 66,000 crore from a reduction in power procurement costs over the next five years, as it looks to increase the share of renewables from the current 13% to 52% in terms of total energy consumption by 2030.
BUSINESS
Smelling billion-dollar opportunity, global, homegrown brands race to capture India's booming fragrance market
From $2 billion, the fragrance market is projected to grow to $4.08 billion by 2030. While global players eye the luxury shopper, domestic firms are seeking to monetise the sweet spot of affordability.
BUSINESS
How the Ambuja-ACC-Orient merger will help Adani streamline Rs 35,000-crore cement business
According to a presentation circulated by Ambuja Cement, its move to merge the three entities into one will help simplify the manufacturing and logistics networks associated with the multiple firms that form part of Adani's cement universe.
BUSINESS
Subdued prices to continue weighing on steel profits, recovery in FY26 remains muted
Indian ferrous players are likely to witness an EBITDA/tonne contraction to the tune of Rs 2,000/tonne in the third quarter, given lower realisations and higher coking coal costs, according to JM Financial.
BUSINESS
India closes 2025 with a solar capacity glut, faces utilisation, margin test next year
Module and cell margins and growth visibility beyond the traditional module and cell segment are key concerns for domestic PV manufacturers, says DAM Capital.
BUSINESS
ReNew to explore alternative options after Masdar exit ends buyout talks
The management, disappointed with the sudden withdrawal, said that Masdar's withdrawl came in without any rationale or any specific reason.
BUSINESS
Falling inflation, GST reset narrowed gap between unbranded and branded FMCG, says Marico CEO
Marico's food portfolio crossed Rs 1,100 crore annual recurring revenue in September quarter, with Saffola Oats continuing to gain market share even as honey and soya chunks continue to scale up
BUSINESS
Marico sharpens premiumisation strategy to de-risk portfolio concentration: CEO
Currently, Marico owns digital brands including Beardo (men's grooming), True Elements (healthy foods), Just Herbs (Ayurvedic beauty), and Plix (D2C wellness). These brands have achieved Rs 1,000 crore in ARR (annual recurring revenue) as of November 2025.
BUSINESS
GST-led price correction in food items to boost branded consumption, says Marico CEO
Gupta said that the FMCG sector is now lapping a lower base, and the growth momentum should continue into the next financial year.
BUSINESS
India's beer market tilts to cans as urban consumers change drinking habits: AB InBev
The brewer flagged rising ocassions for beer consumption in India, thanks to urbanisation and more women joining the workforce.
BUSINESS
Import-heavy appliance categories brace for price hikes as rupee falls
Companies now face a choice between absorbing the hit or passing it on to consumers, just as dealers have begun to report a pick-up in demand after the GST rate cuts and the festive-season surge.
BUSINESS
Economic strain shows up in men’s underwear aisle as households delay replacement
Innerwear stocks have stumbled this year, with Lux down 45% and Page off 21%, even as the Nifty 50 has climbed 9.3% YTD, marking a stark gap with the broader market’s momentum.
BUSINESS
Ducati sees India as a growing lifestyle market, aims to expands beyond bikes
Ducati's lifestyle business offers an extensive range of apparel, accessories, and branded merchandise.
BUSINESS
Weaker rupee offers some respite to tariff-hit textile exporters
The rupee crossed the 90-mark against the US dollar on persistent outflows and uncertainty around the India-US trade deal
BUSINESS
Air purifier demand jumps up to 20-fold as AQI spikes in Delhi, Mumbai
The increase in new buyers suggests that air purifiers are no longer a seasonal purchase but as something consumers engage with throughout the year, companies say
