Strong demand has lifted orthodox tea prices but exporters worry as Israel-Iran flare-up threatens disruptions in key West Asian markets like Iran and Iraq
On account of the Revocation Act, the incentives of ₹427.14 crore and ₹300.44 crore to be received by the company and NU Vista Limited, respectively, are likely to be impacted, Nuvoco mentioned
As duty-free tea varieties from Nepal flood the domestic mkt, challenging the iconic Darjeeling tea, India walks a tightrope, weighing geopolitical calculations and domestic political considerations
Acquisitions are a high risk strategy; there are advantages in utilizing one's own strengths
Marroco also confirmed that BAT would keep its two directors on the ITC board so that it has an influence
Steel imports started dropping in the lead-up to the government's provisional safeguard duty - a measure aimed at protecting domestic producers from a flood of cheap imports
McLeod Russel submits initial proposal to NARCL as part of a composite debt resolution effort amid continued financial distress and narrowed losses in FY25
BAT's latest stake sale trims its ITC holding below 25 per cent, ending veto rights just a year after it cited the importance of maintaining control through board influence
BAT may offload a small portion of its 25.45% stake in ITC via on-market trade, but says no certainty of deal; earlier divestment funded share buyback
The control (BPSL) is still with us currently. At present, we are focusing on the opportunity of looking at all legal remedies
Cross-border trade is quietly dwindling amid strained ties between the two neighbours
Board approves raising ₹19k cr in long-term funds
JSW Steel says BPSL resolution plan followed due process, despite SC order directing liquidation and refund; no provisions made in consolidated accounts
ITC reports Rs 5,155 crore adjusted PAT in Q4FY25, with one-time hotel demerger gain pushing reported profit to Rs 19,727 crore amid rising input costs and weak demand
Darjeeling tea troubles date back to 2017, but problems are mounting now, leading to existential crisis
Emami posts ₹162.17 crore profit in Q4FY25 and ₹806.46 crore in FY25, with strong domestic growth, resilient international markets, and higher e-commerce contribution
With tensions now subsiding since the ceasefire between the two countries on May 10, those still posted there are breathing a sigh of relief after an anxious period punctuated by blackouts and sirens
Setup by Nasscom, DSCI engages with governments and their agencies, regulators, industry sectors, industry associations, and think tanks for policy advocacy, capacity building, and outreach activities
TV Narendran and Koushik Chatterjee discusses a range of issues from the performance to debt reduction and capex
Company backed by Amazon and Samara Capital aims to go public in 12-18 months, reduce debt, and expand store network from 775 to 3,000 by the end of the decade