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Aishwarya Nair

Senior Correspondent, Moneycontrol

Solar, renewable energy players see surge in inquiries as manufacturers, exporters seek alternatives

BUSINESS

Solar, renewable energy players see surge in inquiries as manufacturers, exporters seek alternatives

Energy-intensive industries, including steel, aluminium, pharmaceuticals and chemicals, are ramping up renewable energy sourcing through on-site installations as well as grid-scale procurement

Food makers absorb cost surge for now, may raise prices if West Asia crisis persists

BUSINESS

Food makers absorb cost surge for now, may raise prices if West Asia crisis persists

If the war continues, some degree of cost pass-through to retailers and consumers may occur within the next few weeks, say industry executives.

Why sanctions relief will boost Nayara’s volumes but not margins

BUSINESS

Why sanctions relief will boost Nayara’s volumes but not margins

Nayara, which operates a 20 million tonne a year oil refinery at Vadinar in Gujarat and a network of over 7,000 petrol pumps, benefited from discounted Russian barrels over the past two years. Its imports rose triple digits in 2023.

Berger hikes prices as crude spikes; CEO Roy says demand steady

BUSINESS

Berger hikes prices as crude spikes; CEO Roy says demand steady

A number of petroleum products are used in decorative and industrial coatings, such as solvents and binding agents. Around 30% of the cost of producing paints is linked to crude oil products

Blue Star MD flags Iran war chill, says fuel costs, weak rupee threaten summer sales

BUSINESS

Blue Star MD flags Iran war chill, says fuel costs, weak rupee threaten summer sales

'I am not sure whether the demand will hold. We all produced (inventory) thinking that it would be a 25%t growth this summer,' B Thiagarajan tells Moneycontrol

We may consider China tie-ups, subject to press note 3 norms, says L&T president Sarma

BUSINESS

We may consider China tie-ups, subject to press note 3 norms, says L&T president Sarma

Press note 3 relaxation specifically targets manufacturing inputs for solar (polysilicon, wafers), capital goods, and electronic components.

L&T seeks to reassure investors over Middle East pressures, says work, payments remain smooth

BUSINESS

L&T seeks to reassure investors over Middle East pressures, says work, payments remain smooth

L&T's deputy managing director and president, Subramanian Sarma, responsible for the energy vertical, said at a select media briefing that the company had prepared for geopolitical eventualities such as the ongoing crisis, and much of its work remains on schedule

L&T sees post-war Middle East opportunities in alternative energy routes

BUSINESS

L&T sees post-war Middle East opportunities in alternative energy routes

The middle east accounts for nearly 36% of L&T's total order book as of 2026. Its operations focus heavily on energy transition, power infrastructure, and hydrocarbon projects (offshore and onshore), particularly in Saudi Arabia, the UAE, Qatar, and Kuwait.

Jewellery firms roll out discounts anticipating steady festive demand

BUSINESS

Jewellery firms roll out discounts anticipating steady festive demand

While the demand for plain gold jewellery remains subdued, companies anticipate robuts demand for studded jewellery.

US-Iran war puts $1.3 billion worth of investments of 800 Indian small companies at risk

BUSINESS

US-Iran war puts $1.3 billion worth of investments of 800 Indian small companies at risk

UAE has emerged as the second largest source of overseas direct investments by Indian companies especially for retail and hospitality companies looking for overseas expansion.

Steel cos seek relief from govt over propane supply: sources

BUSINESS

Steel cos seek relief from govt over propane supply: sources

Indian steel majors have sought propane and butane allocation from the Centre as Middle East war-led supply snarls threaten coated steel output.

Solar module maker Emmvee Photovoltaic bets on data centres to fuel renewable energy demand

BUSINESS

Solar module maker Emmvee Photovoltaic bets on data centres to fuel renewable energy demand

The comments come as India's data centres are set for a huge growth with capacity expected to grow five-fold by 2030 to over 8 giga wat (GW) from the current 1.5 GW.

What the Middle East crisis could mean for Indian consumers’ wallets

BUSINESS

What the Middle East crisis could mean for Indian consumers’ wallets

As the conflict involving Iran, the United States, and Israel has entered its 14th day following the initial outbreak of large-scale strikes on February 28, analysts are expecting the retail inflation to rise 5.1 percent in FY27 if crude prices remain above $100 per barrel.

LPG supply curtailment could impact 95% of restaurants, QSR chains, industry body says

BUSINESS

LPG supply curtailment could impact 95% of restaurants, QSR chains, industry body says

The restaurant industry, with an annual turnover of Rs 5.7 lakh crore is the third largest after retail and insurance in the service segment, providing direct employment to over 8 million Indians.

Supply shock: Fertiliser, city gas, trucking firms scramble for alternatives as Iran war chokes LNG supplies

BUSINESS

Supply shock: Fertiliser, city gas, trucking firms scramble for alternatives as Iran war chokes LNG supplies

Given the significant supply disruption, the industry is poised to face difficulties in meeting the gap in supplies through the spot LNG market as spare supplies may be limited.

Middle East tensions may disrupt fertiliser supply chain, but industry says stocks adequate for now

BUSINESS

Middle East tensions may disrupt fertiliser supply chain, but industry says stocks adequate for now

India imports about 30% of its fertiliser requirement, with the Middle East supplying nearly 40% of it, rating agency CRISIL said in its report on March 5.

Tata Consumer to prioritise volume growth over price hikes, says CFO Ashish Goenka

BUSINESS

Tata Consumer to prioritise volume growth over price hikes, says CFO Ashish Goenka

The company would still opt for 'tactical pricing', a geography-specific approach to identify pockets where the company can extract value without resorting to a national price hike, Goenka tells Moneycontrol

Indian steel, cement companies may see supply chain risk amid Iran crisis

BUSINESS

Indian steel, cement companies may see supply chain risk amid Iran crisis

This conflict has caused unprecedented logistical disruptions at Ras Al Khaimah 's Mina Saqr Port—the primary exit point for the UAE's massive limestone reserves, which accounted for 79% of India's limestone flux imports in 2023.

Can India’s paint giants protect margins as crude oil prices rise amid Iran tensions?

BUSINESS

Can India’s paint giants protect margins as crude oil prices rise amid Iran tensions?

According to a senior paint industry observer, a prolonged conflict may force the hand of paint makers, leading to a moderate price increase. In the near-to-medium term, however, the firms may choose to wait and watch and keep prices as it is, to maintain market share and stabilise supply chains.

Solar players to counter US dumping, subsidy allegations by international trade commission: Sources

BUSINESS

Solar players to counter US dumping, subsidy allegations by international trade commission: Sources

Industry sources said Indian manufacturers plan to argue before the ITC that their exports are competitively priced and not dumped, and that the surge in shipments reflects supply chain realignments and demand dynamics rather than unfair trade practices

Aditya Birla group’s Indriya sees higher growth in smaller towns amid formalisation

BUSINESS

Aditya Birla group’s Indriya sees higher growth in smaller towns amid formalisation

The company notes that the growth rate in smaller towns is now higher because the gap in organized retail was much larger in those areas. To capture this, Indriya has already expanded to over 30 cities, recently opening doors in towns like Haldwani in Uttarakhand and Gaya in Bihar.

Nestlé’s $70 billion infant nutrition business faces twin pressures on sugar and safety

BUSINESS

Nestlé’s $70 billion infant nutrition business faces twin pressures on sugar and safety

Nestlé India confirmed in January that their products are not affected by the global recall of certain infant formula batches due to potential Bacillus cereus contamination. They clarified that all infant formula sold in India is produced locally and complies with FSSAI regulations.

Indian exporters delay shipments amid US tariff uncertainty

BUSINESS

Indian exporters delay shipments amid US tariff uncertainty

Gems and jewellery exporters, whose outbound shipments are valued at nearly $10 billion, have also decided to pause consignments for at least a week as they assess the evolving trade situation and await clearer policy direction.

Textile exporters turn cautious as Trump's 15% tariff wipes off competitive edge

BUSINESS

Textile exporters turn cautious as Trump's 15% tariff wipes off competitive edge

With the revised rates, India exporters are navigating the challenge of repricing contracts and maintaining a competitive edge against rivals such as China and Bangladesh in a market that remains far from bullish

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