BUSINESS
Jewellery firms lose sparkle as soaring gold prices hit buyer growth, alter sales mix
The companies are now betting on 18-carat and even 9-carat pieces to sustain consumer interest as price-sensitive buyers struggle to stretch their budgets for 22-carat gold and opt for studded jewellery over plain gold pieces.
BUSINESS
Hindustan Copper places high bets on exploration, increasing reserves amid copper demand boom
With the current expansion activities across all its three mines, the miniratna company looks to raise existing overall capacity from 3.75 MTPA to 12.2 MTPA by FY30.
BUSINESS
Indian D2C brands hit Rs 150-crore revenue wall without offline push
India’s D2C space is home to more than 11,000 companies, of which only 233, or 2.1 percent, have crossed the Rs 150 crore revenue mark, data from Tracxn showed.
BUSINESS
JM Financial-backed ZOFF Foods looking to raise Rs 150 crore for offline expansion
ZOFF, which is targeting a topline of Rs 200 crore in FY26 after closing the previous year at Rs 110-120 crore, also plans to go big on the ready-to-cook segment
BUSINESS
Indian steel imports down 20% in January-May amid safeguard duty
The move aimed to shield domestic producers will help companies such as JSW Steel and Tata Steel bag better realisations and witness margin expansion to the tune of Rs 2,000 a tonne in Q1, analysts have said
BUSINESS
MC Explains: What are Electricity Futures and how will they impact the power sector?
In early June 2025, Sebi cleared electricity futures on both MCX and NSE, allowing to launch monthly electricity futures and marking energy derivatives.
BUSINESS
Hindustan Zinc projects Rs 50,000 crore pre-capex free cash flow on efficiency gains
The mining and refining company is betting on stable commodity prices and strong demand from India's steel industry, amid targets for steel capacity to reach 300 million tonne by FY30. It expects commodity prices to average around $2,650 per tonne for zinc, $1,950 per tonne for lead, and $34 per troy ounce for silver, based on the latest consensus for FY26.
BUSINESS
Zydus Wellness looks to modernize Complan to align with new-age health priorities
The broader milk and malt-based drinks market - once a staple in Indian homes - has seen its growth slow since the mid-2010s. Rising competition and evolving nutritional expectations have forced legacy brands to innovate.
BUSINESS
FMCG firms see enhanced demand amid RBI rate cut
Companies expect the government’s liquidity measures, coupled with a favourable monsoon forecast, will boost rural demand and support overall consumption recovery.
BUSINESS
BIS to sue Amazon and Flipkart, seek compensation for non-certified goods
BIS conducted raids at various warehouses of Amazon and Flipkart on March 19
BUSINESS
Beyond Maggi: Nestlé bets big on out-of-home segment as urbanisation, on-the-go consumption rise
The KitKat and Nescafé maker reported strong double-digit growth in its out-of-home business for FY25, helping India emerge as the second-largest market for this vertical by revenue in the Asia, Oceania, and Africa zone.
BUSINESS
NMDC shifts toward Platts-like index to streamline pricing
The system, still in early stages, will rely on an internal, automated pricing engine, similar to global commodity benchmarks such as the Platts Index
BUSINESS
Early monsoon showers cheer FMCG firms but dampen summer goods
Companies are pinning hopes on early monsoons leading to robust farm income and bigger rural expenditure to boost sales of personal care products, staples, and other daily essentials
BUSINESS
Vardhman Textiles hopes to benefit as orders shift away from China
With 45 percent of India’s yarn exports going to Bangladesh, any benefit to that market will mean better prices for Indian yarn exporters and textiles
BUSINESS
Talent crunch hits retail sector in tier 2 and 3 cities
D-mart, often considered the bellwether of Indian retail, listed a surge in entry level wages of skilled labour due to a demand / supply mismatch as one of the key reasons for its shrinking margins.
BUSINESS
Hindalco bets on demand for aluminium cans if US consumption trend changes amid recession fears
Novelis derives about 60 percent of its product mix from beverage packaging, with the remainder spread across automotive, aerospace, and electronics sectors.
BUSINESS
PFC to raise 15-20% of Rs 1.4 lakh crore via overseas market in FY26: Chairman Parminder Chopra
The company will raise the funds from overseas market through bonds and syndicated loans, Chopra said.
BUSINESS
PFC flags Gensol loan as fraud over undelivered electric vehicles
PFC invoked bank guarantees and recovered Rs 44 crore, covering payments made for vehicles that were never delivered. The current outstanding dues from Gensol amount to Rs 263 crore.
BUSINESS
Dabur defends ‘100%’ label on Real Activ juice, seeks protection from FSSAI action
Dabur, in its affidavit filed on May 16, stated that the company modified the label of its fruit juice brand to "100% no added sugars and preservative” from the earlier claim of “100% Fruit Juice/ 100% Juice”.
BUSINESS
SIT begins probe into Andhra liquor firms, seeks data on volume, supply
The Andhra Pradesh government had constituted the SIT on November 6 to investigate allegations that liquor companies paid kickbacks to political and administrative figures of the previous regime in exchange for business favours.
BUSINESS
Berger Paints to shell out more on manpower as competition heats up
Despite the entry of new players - Aditya Birla Group’s Birla Opus, JSW Paints and Pidilite Industries - Berger Paints has downplayed any adverse impact, and said it expects to gain market share as well as volumes this fiscal.
BUSINESS
Britannia unlikely to hike prices further unless input costs rise again, says MD and CEO Varun Berry
Britannia is strengthening its adjacent categories with new product launches across bakery, biscuits, cheese, and beverages. The non-biscuit portfolio saw strong momentum fuelled by expanded distribution channels.
BUSINESS
Jewellers drop caratage to sustain sales amid soaring gold prices
Titan flagged that the consumer group that preferred jewellery below the Rs 50,000 mark remained on the sidelines in the fourth quarter.
BUSINESS
Delayed summer cools Q1 outlook for AC makers
Havells, which sells air conditioners under the Lloyd brand, said slower consumer offtake in March and April is likely to impact first-quarter primary sales, despite strong channel stocking earlier in anticipation of a hot summer.
