BUSINESS
Bira 91 staff seek govt intervention over alleged unpaid dues
The staff note several alleged violations including non-payment of salaries for seven months, unremitted TDS worth about Rs 50 crore, and default on provident fund and gratuity dues.
BUSINESS
Dr Reddy’s warns of 'huge monetary loss' in plea against FSSAI order on ORS
According to the petition, Dr Reddy’s has around 8.47 lakh units of unsold Rebalanz VITORS across its apple, orange and mango variants, with a total realisable value of Rs 1.39 crore, as of October 15
BUSINESS
IPO-bound MTR parent Orkla India sees high growth in regional markets, not looking at pan-India presence
The company currently lists Karnataka, Kerala, Andhra Pradesh and Telangana as its core markets and has a portfolio comprising over 400 products across Spices and Convenience Food categories under various brands.
BUSINESS
Sapphire Foods to pause Pizza Hut expansion amid weak growth
In Q2FY26, Pizza Hut's same-store sales growth declined 8% YoY, deepening from a 3% fall in the previous year. Average daily sales per store slipped to Rs 42,000 from Rs 47,000 a year ago, reflecting pressure on footfalls and average order values.
BUSINESS
HUL sees profit margins to hold steady on volume growth, normalising trade
HUL Q2 FY26 Results: Hindustan Unilever Ltd declares fiscal second quarter earnings. Check net profit, revenue, growth, other details.
BUSINESS
Hindustan Zinc to advance mining leases of silver rich areas amid record prices
Silver prices surged all-time high of $54.42 per ounce last week driven by safe-haven demand amid global uncertainities. However, prices tumbled from $54 per ounce to $51.5 an ounce, this week, as trade tensions between U.S. and China softened.
BUSINESS
GST cuts to accelerate consumer demand, says Isha Ambani
The latest round of GST rate cuts, effective September 22, 2025, reduced taxes on a broad range of household items, consumer durables, and automobiles, in an effort to boost discretionary spending and provide relief to consumers ahead of the festive season.
BUSINESS
Reliance Industries to commission solar cell manufacturing unit in November
According to company executives, significant progress has also been made on Reliance’s 40 GWh battery-storage project, with the first facility expected to become operational next year.
BUSINESS
Reliance Retail deepens quick commerce push, expands beyond groceries into electronics and fashion
RRVL Q2 consolidated gross revenue was Rs 90,018 crore, up 18.0 per cent Y-o-Y.
BUSINESS
Titan: Smaller towns, pent-up purchases lead festive season demand
Company's CEO Ajoy Chawla tells Moneycontrol that Tier-2 and 3 towns continue to outperform urban markets, and there is a rising interest for modern gold jewellery.
BUSINESS
Nestle India Q2 net profit down 24% YoY to Rs 753 crore, beats estimates; double-digit sales growth across segments
Nestle India's net profit for the quarter, down from than in the same quarter a year ago, reflected the impact of the absence of exceptional gains.
BUSINESS
Aditya Birla Group partners with Galeries Lafayette to tap India’s booming luxury market
ABFRL, which already houses global brands such as Ralph Lauren, Hackett, Ted Baker, Fred Perry, Forever 21, American Eagle and Reebok, plans to deepen its play in the premium and luxury segment through its partnership with Galeries Lafayette
BUSINESS
GST cuts, discounts boost festive demand as tier 2, 3 shoppers upgrade
Large-screen television sets, water purifiers, dishwashers, washing machines and fashion wear — tier 2 and 3 towns are loading their shopping carts like never before
BUSINESS
V-Mart to expand Rs 1,000 apparel range as GST cut spurs demand
The retailer plans to increase its inventory priced below Rs 1,000, from the current 15 percent to 20 percent and experiment with more variety, CFO Anand Agarwal tells Moneycontrol
BUSINESS
LG India eyes smaller towns for premium products, looks to expand exports to Europe
On the global front, LG plans to turn India into a key export hub. Its $600 million investment in the Sri City facility in Andhra Pradesh is geared towards scaling production not just for local consumption but also for overseas markets.
BUSINESS
IPO-bound Apollo Green Energy faces payment delays, credit ratings downgrade debt facilities
Credit rating agency Crisil has flagged irregularities in what the ratings agency referred to as its account conduct, downgrading the ratings of its bank facilities worth Rs 330 crore
BUSINESS
Will Reliance’s low-price bottled water strategy repeat the Jio and Campa Cola effect?
The foray into the packaged drinking water segments comes amid market expectations of a double-digit growth through 2030
BUSINESS
India may announce $125 a tonne anti-dumping duty on met coke imports in October
In April this year, government initiated an anti-dumping investigation into imports of the raw material from Australia, China, Colombia, Indonesia, Japan, and Russia, post allegations that these countries were selling at unfairly low prices.
BUSINESS
GST cuts spark festive cheer for TVs, dishwashers; retailers report double-digit growth
Industry believes that this festival will be one of the most promising in recent years for the consumer electronics and home appliances market, as families are definitely spending more and upgrading quicker.
BUSINESS
US probe report finds material injury from Indian solar exports
Imports from India are “not negligible,” US International Trade Commission has said, rejecting Indian firms' position that their large domestic market and different supply patterns insulate them from being lumped with Southeast Asian exporters
BUSINESS
How Thyssenkrupp’s steel woes, failed sale attempts, paved the way for Naveen Jindal’s buyout bid
Thyssenkrupp is undergoing a restructuring wherein 40 per cent of its workforce or 11,000 jobs are proposed to be axed. Of the total, 5,000 jobs are to be eliminated by 2030 and the remaining 6,000 jobs through spin-offs or divestitures.
BUSINESS
Coke manufacturers flag dumping by Chinese firms through Indonesia, misuse of import curbs
India has banned unrestricted imports of low-ash metallurgical coke, introducing country-specific quotas to safeguard domestic producers
BUSINESS
Consumer goods firms tell tax authorities they can’t lower MRPs on low-value packs
Companies may increase the volume of the packaged item proportionally while keeping prices the same. The size of a Rs-20 biscuit pack, for instance, will increase instead of the price going down, FMCG company executives say
BUSINESS
Indian FMCG majors pause or scale down operations in Nepal after deadly unrest
The ongoing unrest has crippled supply chains of consumer products manufacturers, however, any further impact has been brushed off by the businesses that have exposure.
