India Financial News

Unilever may struggle to attract buyers for its plant-based meat business, complicating the company's plan to cut its exposure to products which are falling out of favour with consumers, industry experts said.

Raymond Ltd.(up 0.86 per cent), Macrotech Developers Ltd.(up 0.42 per cent) and Sobha Ltd.(up 0.35 per cent) were among the top gainers.

«There could be some pickup in consumption because we are kind of seeing a subtle shift of the market driver from the investments to the consumption,» says Ajay Argal, Franklin Templeton. So, what could be the turn moment for market? Could it be just time, you have to just wait it out, this year will be a tough year, nothing happens, but then after six months suddenly markets will look attractive, earnings would kick in. I mean, do you think this market will have to just grind itself? Ajay Argal: So, that is one way of doing it. Yes, so that is what you are referring to is the time correction and I mean, if you look at Nifty for example, we might be 5% or 10% above the last ten-year averages or the five-year averages in terms of valuations.

Tasty Bite Eatables Ltd.(up 3.04%), Hatsun Agro Products Ltd.(up 1.84%), Colgate-Palmolive(India)Ltd.(up 1.61%), Nestle India Ltd.(up 1.18%), Nakoda Group Of Industries Ltd.(up 0.87%), Dabur India Ltd.(up 0.86%), Bajaj Consumer Care Ltd.(up 0.80%), Vadilal Industries Ltd.(up 0.68%), Prataap Snacks Ltd.(up 0.68%) and Sheetal Cool Products Ltd.(up 0.67%) were among the top gainers.

Gensol Engineering on Tuesday said it has inked a pact for sale of its US subsidiary Scorpius Trackers Inc for Rs 350 crore to a major renewable energy solutions provider in the US. The deal includes the transfer of exclusive and global intellectual property (IP) rights (except India) for Scorpius Trackers' advanced solar tracking technology, the company said in a statement.

Preity Zinta, who is also the co-owner of IPL team Punjab Kings, has responded to allegations surrounding an alleged Rs 18 crore loan linked to her name, which was reportedly written off by the troubled New India Cooperative Bank Ltd. Denying any wrongdoing, Zinta issued a strong clarification, refuting claims made in a report.

Bodoland Territorial Council chief Pramod Boro on Tuesday said Assam's plan to connect Kokrajhar with Bhutan's Gelephu will develop the region extensively. Talking to PTI at the Advantage Assam 2.0 Investment and Infrastructure Summit 2025 here, he said the thrust on Kokrajhar to bring permanent peace is «inspired by the neighbouring country's lasting peace».

solar manufacturing industry, according to people with knowledge of the matter, as part of a wider effort to reduce dependence on China and profit from the global energy transition.

The NSE Nifty index traded 5.21 points up at 22558.55, while BSE Sensex was up 147.19 points at 74601.6 as of 11:27AM(IST)on February 25.

Delhi Assembly Speaker Vijender Gupta on Tuesday suspended 12 Aam Aadmi Party (AAP) MLAs on the second day of the session, during LG Vinay Kumar Saxena's address.

Anand Mahindra has emphasized the need for a healthier population to achieve India’s vision of a ‘Viksit Bharat’ by 2047. His statement came in response to Prime Minister Narendra Modi’s recent initiative aimed at combating obesity and promoting mindful consumption of edible oil.

The NSE Nifty index was trading 18.56 points up at 22571.9, while BSE Sensex was up 188.64 points at 74643.05 at the time of writing this report.

Tesla chief Elon Musk has declined an offer from Uber to collaborate on autonomous vehicles, Uber chief executive officer (CEO) Dara Khosrowshahi has revealed. During a recent interview, Khosrowshahi said that the Tesla CEO rejected the cab-hailing service’s proposal to partner in its robotaxi programme. He cited his conversation with Musk to assert that Tesla is determined to develop its autonomous vehicle project independently.

IndusInd Bank Ltd.(up 0.85 per cent), ICICI Bank Ltd.(up 0.55 per cent), Kotak Mahindra Bank Ltd.(up 0.42 per cent) and HDFC Bank Ltd.(up 0.12 per cent) were among the top gainers.

Domestic benchmark index NSE Nifty gained 20.81 points to 22574.15, while the BSE Sensex traded 189.73 points up at 74644.14.

Lillia, an AI startup for chronic care, on Tuesday, introduced its platform for individuals living with diabetes and related chronic conditions to live fulfilling lives.

Gland Pharma Ltd.(up 4.83 per cent), Abbott India Ltd.(up 2.25 per cent), Natco Pharma Ltd.(up 1.92 per cent), Laurus Labs Ltd.(up 1.7 per cent) and Biocon Ltd.(up 1.53 per cent) were among the top gainers.

Infosys Ltd.(up 0.39 per cent) and HCL Technologies Ltd.(up 0.25 per cent) were among the top gainers.