Tata Motors Q1 Profit Falls 80% on Rising Input Costs
Tata Motors Passenger Vehicles reported an 80.3% fall in consolidated net profit to Rs 775 crore for the June quarter, even as revenue rose 9.3% to Rs 95,799 crore. The slide was…
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Consumer giants bet big on milk-based drinks as growth surges
Varun Beverages, PepsiCo’s largest bottler outside the US, reported 20.8% revenue growth to Rs 8,650.6 crore in the June quarter, with dairy expanding at over 40%, three to four times its overall…
DLF segments malls into luxury ladder for rising spenders
DLF is carving its malls into distinct tiers, from neighbourhood plazas and city-centre destinations to aspirational luxury and ultra-luxury, to match younger consumers who start with accessible brands and climb higher. Pushpa…
BGMI maker Krafton shifts focus to AI, invests $900 million
BGMI operator Krafton plans to invest in five venture capital funds and about half a dozen startups in India by the end of 2026, setting aside $50-60 million each year. The Korean…
Used-car startups Cars24, Spinny, Droom chase profits, diversify
India's used-car startups, including Cars24, Spinny and Droom, are entering new segments and forging partnerships to pursue stable revenue and profit growth a decade after emerging, as profitability remains elusive. SoftBank-backed Cars24…
Wealth managers quit legacy firms to start own ventures
India's ultra-high net worth individuals (net worth above Rs 25 crore) reached 13,600 in 2024, and wealth management assets under management are projected to nearly double to $2.3 trillion by FY29, reports…
Financial independence is freedom to choose, not just early retirement
Financial independence is increasingly being framed as the freedom to choose how to work and spend time, rather than simply leaving the workforce early. Livemint reports that M. Pattabiraman reached a financial-independence…
Pine Labs rallies 8%, SEBI proposes colour-coded debt risk meter
The stock of Pine Labs has broken out of a sideways trend, gaining nearly 8 per cent this week and closing at Rs 166.60. The scrip had traded between Rs 138 and…
Kudumbashree women entrepreneurs to prepare Onasadya across Kerala
Nearly 400 Kudumbashree women entrepreneurs across Kerala will prepare Onasadya meals for this year’s Onam celebrations. Customers can order in advance and choose the dishes and payasams they want. Prices start at…
Tata Trusts begin succession hunt as Chandrasekaran exit looms
Sir Dorabji Tata Trust (SDTT), holding 27.98% of Tata Sons, passed a resolution on Thursday to set up a selection committee for N Chandrasekaran’s successor. Chandrasekaran emailed his decision not to seek…
