BUSINESS
Hindustan Unilever bets on gradual recovery, steps up investments to drive sales
HUL CFO Ritesh Tiwari said gross margins are expected to improve sequentially, though any gains will be reinvested in the business.
BUSINESS
HUL expects steady demand, bets on macros and consumption recovery to sustain momentum
Hindustan Unilever absorbed most of the price inflation in tea, keeping the product affordable and thereby supporting volume gains. However, now, the company sees price vs cost gap to narrow in the coming quarters
BUSINESS
Demerger-ready ice cream unit may need future fund infusion for expansion: HUL CFO
Management said that given the high-growth, low-margin nature of the category, access to external funding will be crucial for future expansion
BUSINESS
FMCG majors to raise ad spends as urban recovery takes shape
India's largest packaged consumer goods maker, Hindustan Unilever, spent Rs 150 crore more YoY on advertising and promotion in Q1FY26. The market leader also pivoted from traditional media, moving towards digital media to attain greater visibility..
BUSINESS
Tata Steel Netherland hopeful of completing restructuring by September
The restructuring is expected to contribute an estimated Euro 180 million toward Tata Steel Nederland's targetted cost savings of Euro 500 million by FY26.
BUSINESS
What drove US sanctions on 6 Indian companies
Of the six Indian companies sanctioned by the US for buying oil from Iran, Alchemical Solutions Private Limited made the heftiest payment of $ 84 million while the other five Indian companies made payments ranging between $1.3 million to $51 million to Iranian companies for purchase of petroleum products, an official statement of the US Department of State said.
BUSINESS
Trump imposes 25% tariff: Textiles, jewellery, pharma, electronics face threat; India Inc hoping for relief in trade deal
The 25 percent tariff is higher than the tariffs for countries that have reached some agreement with the US on tariffs and trade barriers such as European Union (15 percent) and UK (10 percent) and some of the south east Asian nations such as Indonesia (19 percent), Philippines (20 percent) and Vietnam (20 percent), which compete with India.
BUSINESS
Waaree denies predatory pricing in US amid anti-dumping probe
A group of local solar panel manufacturers in the US has filed a petition alleging that companies in India, Indonesia and Laos are dumping cheap goods in the market to disrupt new American factories' business.
BUSINESS
Shailesh Jejurikar to navigate P&G through weak volumes, tariffs as incoming CEO
The move comes in tandem with growing investor pressure to perform amid P&G's inability to sustain growth momentum due to persistent volume weakness across various product categories. As of July 29, shares of the NYSE-listed company are down 5.34 percent since the beginning of the year.
BUSINESS
Maharashtra FDA to continue inspection of Blinkit, Zepto dark stores
In June, the FDA found that a Blinkit-affiliated dark store in Pune operated by a partner firm was functioning without a mandatory food safety licence. In the case of Zepto, a facility in Dharavi found instances of non-compliance with food safety norms. Both companies had resumed operations after clearance from the authorities.
BUSINESS
IREDA confident of recovery from Gensol EV assets, provisioning may not rise
IREDA was the first lender to file for insolvency against Gensol and has since seen an interim resolution professional (IRP) appointed. A meeting of the committee of creditors (CoC) was held last week and a resolution professional (RP) is expected to be confirmed this month.
BUSINESS
Plan for US facility still on cards: Vikram Solar
The company was earlier planning to scrap the project. Now, with the US courts ruling against many of the unfavourable regulations being planned by the Trump administration, Vikram Solar is going ahead with its expansion plan
BUSINESS
Reliance looks to replicate Jio playbook in clean energy push
The conglomerate's solar cell manufacturing factory expected to be operational next quarter.
BUSINESS
Reliance Retail to demerge FMCG business to boost growth
Earlier this month, media reported that Reliance is transferring all its consumer goods brands to a new wholly-owned subsidiary as the billionaire Mukesh Ambani-led oil-to-telecom conglomerate readies for an initial public offering for its retail business.
BUSINESS
AWL Agri Business expects edible oil demand to stabilise after duty cuts
The company has reported a 24.5 percent decline in its consolidated net profit to Rs 236.4 crore for the quarter ended June 2025, due to higher expenses.
BUSINESS
Indian refiners set to face negative refining charges amid global copper shortage
Lower TC/RC margins could result in a 25–30 percent hit to Hindalco's copper EBITDA.
BUSINESS
Motilal Oswal-Backed Lahori Zeera bets on Bisleri playbook to boost growth
The demand for non-alcoholic drinks both in rural and urban India has opened up a huge market for young brands like Lahori Zeera. The brand hopes to beat competition from Coke and Pepsi through its distribution network across the country
BUSINESS
HUL gets first woman CEO - still a rarity in Indian FMCG leadership
Nair's elevation is significant for the broader consumer goods industry, a sector where women form a large chunk of the customer base but are vastly underrepresented in top leadership roles.
BUSINESS
US tariffs may moderate offtake of downstream copper products, say analysts
Industry observers expect that Indian exporters may eventually redirect supply towards alternative markets or capitalise on the growing domestic demand in sectors like power, construction, and electric vehicles.
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
