The bulk of the recent drop in Reliance’s shares follows disappointing results last month

The development comes three months after Sheikh Hasina resigned as PM of Bangladesh and left the country, causing political turmoil in Bangladesh and creating ripples in the internal politics of West Bengal

Marico may buck the industry trend with the fast-moving consumer goods (FMCG) major reporting strong growth and favourable commentary in a weak quarter for the industry. The company reported consolidated revenue growth of 8 per cent year-on-year (Y-o-Y) in Q2FY25. Domestic revenue growth was 8 per cent Y-o-Y with 5 per cent volume growth (4 per cent in Q1FY25).

The stock of the country's largest plastic pipe maker Supreme Industries has shed 22 per cent since its highs in October. The September quarter results were below expectations as the volatility in polyvinyl chloride (PVC) resin prices led to a major destocking across the trade channel.

Fajrin said 'unsubsidised' transactions for Bukalapak account for over half of its total sales.

The post Industry needs more than vanity metrics, says Bukalapak’s Fajrin appeared first on DealStreetAsia.

Instead of cashing in on the home-confined population, some food delivery apps have suspended operations.

The post Coronavirus disrupts China’s on-demand app industry appeared first on DealStreetAsia.

Scott Solombrino, CEO, GBTA chats with Patrick Pacious, President and CEO of Choice Hotels as part of the GBTA Industry Forum Series. Patrick shares his experience working for a hotel company where 100% hotels are franchised, the challenges facing s...

In recent times, Indian IT industry has been one of the most plausible and impactful success stories, in various ways.

Buccaneering centre for business on Brazil border provides haven for outside investors

Groups flag ‘existential crisis’ as virus restrictions trigger collapse in aircraft demand

The oil to telecom conglomerate while announcing its quarterly results ending March Fy20 approved a rights issue which is the first in 29 years to mop up Rs. 53,125 crore. So, here is a low down on whether or not

The oil to telecom conglomerate while announcing its quarterly results ending March Fy20 approved a rights issue which is the first in 29 years to mop up Rs. 53,125 crore. So, here is a low down on whether or not

Union Minister Smriti Irani on Sunday asked the textile industry to reorient itself and not depend on financial packages from the government as its fi

Expert committee evaluating safety of deserted villages

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Despite reporting a fall in profits in the January-March quarter, the 10% stake sale in Reliance Jio to Facebook and the biggest-ever rights issue in India of Rs 53,000 crore that Reliance Industries announced on Friday has made brokerage firms stay firm on their ‘buy’ calls for India’s most valuable company.

Reliance Industries share price extended gains in the late afternoon trade on Thursday, jumping over 2%, while headline index Sensex mostly traded in red, even as RIL denied the buzz about talks with Microsoft for further investment in its telecom arm Jio.

Reliance Industries controlled by Mukesh Ambani, Asia’s richest person, is in discussions with banks for a potential sale of its 4.9% stake in Asian Paints Ltd. through a series of block trades.

FY21/22e EPS lowered by 22-33/9-13%; softer LNG prices a positive; GUJGA and MGL are to be preferred.

There’s absence of catalysts to narrow holdco and conglomerate discount that has risen of late; ‘Hold’ retained with TP of Rs 550.

Over 200 companies in Pune’s industrial belt of Chakan, Talegaon, Kurkumb, Baramati and Ranjangaon have resumed operations after restrictions were eased on Monday, even as the lockdown continues.