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Berger Paints’ Profit Jumps To Rs 222.62 Crore In Q4 FY24

The company’s revenue grew 3.1 per cent to Rs 2,520.28 crore In the fiscal fourth quarter, Berger Paints reported a profit of Rs 222.62 crore, marking a 19.7 crore increase from Rs 186.01 crore in the same period of FY23. Revenue from operations stood at Rs 2,520.28 crore, reflecting a 3.1 per cent year-on-year rise […]

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Gold Prices Dip In India, 24-carat Falls Rs 10, Silver Down Rs 100

In early trade on Monday, the price of 24-carat gold dropped by Rs 10, with ten grams of the precious metal trading at Rs 72,920 according to the GoodReturns website. The price of silver also decreased by Rs 100, with one kilogram of the precious metal selling at Rs 83,900. The price of 22-carat gold […]

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Phonepe’s Pincode Streamlines Focus On Food And Ticket Booking On ONDC

The decision to streamline its offerings on ONDC comes after PhonePe’s separation from the Flipkart group last year, leading to the establishment of Pincode as a separate entity and app In a strategic move aimed at refining its ecommerce approach, Walmart-backed PhonePe has announced significant changes to its subsidiary, Pincode, within the Open Network for […]

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PepsiCo Sees Strong Growth In India: Beverages Up High Single-Digit, Snacks Up Double-Digit

In its global earnings statement, PepsiCo announced a “high single-digit growth” in beverage unit volume and “double-digit growth” in its convenient food business in the Indian market during the first quarter of 2024. The net revenue in the Africa, Middle East, and South Asia (AMESA) division, which includes the Indian market, increased by 2% to […]

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HairOriginals Expands Offline Reach, Partners With Naturals Salon For 50+ Locations

HairOriginals, a direct-to-consumer (D2C) hair extensions company, has entered into a partnership with Naturals Salon, a renowned salon chain, to distribute its products across six locations in India. The company plans to expand this collaboration to over 50 Naturals Salon locations across India within the current year. It aims to achieve a 7-8% contribution to […]

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Tata Consumer Products Q4 Profit Drops 26.6%, Revenue Up 10%

Tata Consumer Products Ltd (TCPL) reported a decline of 26.6 per cent in Group consolidated net profit at Rs 212.26 crore in the fourth quarter ended March 2024, compared to Rs 289.56 crore in the same period last fiscal, according to a BSE filing. However, the company’s total income increased to Rs 3,965.39 crore in […]

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Mahindra Finance To Delay Q4 Results Due To Detected Retail Vehicle Loan Financial Fraud

A financial fraud has been detected at the North East branch of Mahindra & Mahindra Financial Services during the end of the fourth quarter of the financial year ended March 31, 2024, the company informed the exchange in its filing on Monday. “We hereby inform you that during the end of 4th quarter of the […]

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DS Group’s Catch Spices Enters The Rs 1000 Cr Club

Catch Spices, a flagship brand of the Dharampal Satyapal Group (DS Group), has achieved a significant milestone by crossing the Rs 1000 crore mark in revenue. This remarkable feat comes on the heels of an impressive year-on-year growth rate of 24 percent over the last two years, solidifying Catch Spices’ position as a key player […]

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Nestle India Defends Infant Food Safety Amid Sugar Controversy

In the wake of recent allegations surrounding the presence of added sugars in infant cereal products, Nestle India has issued a statement defending the nutritional quality and safety of its offerings. Responding to accusations made by Public Eye, a Swiss investigative organization, Nestle India’s spokesperson emphasized the company’s unwavering dedication to providing high-quality nutrition to […]

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Nestle India Shares Slump As Report Alleges Infant Food Contains Added Sugar

Shares of Nestle India have taken a sharp hit Thursday after a Swiss-based organisation made charges against the multi-national food company of adding sugar to infant food products. At 2.45 pm, the shares of Nestle India were 3.6 per cent down at Rs 2,454. Its intraday low was at Rs 2,410. The centre has taken […]

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