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Refined products exports may rise 25% on IOCL's bet: Rs 75,000 crore investment to add 17.3 MMTPA capacity across three units by year-end
Indian Oil Corporation's expansion will boost refining capacity by December 2026. This increase is expected to significantly raise India's petroleum product export share. The company's capacity will reach 98.05 million metric tonnes per annum. This expansion will strengthen India's position as a global refining hub. Increased exports will also boost the nation's foreign exchange earnings.
India at cusp of 'snacking renaissance'; L Catterton bets on healthy snacking, branded foods
Expressing enthusiasm for India's rising consumption trends, L Catterton zeroes in on the healthy snacking and branded foods market. Having launched its first fund dedicated to India, the firm has made three key investments lately. Executive Chairman Sanjiv Mehta emphasizes the importance of transitioning from unbranded to branded products, predicting a resurgence in Indian snacking habits while calling for heightened investments in food innovation to cultivate globally recognized brands.
Dabur, Godrej say demand holds firm despite cost pressures
Indian consumer goods giants Dabur and Godrej Consumer Products reported resilient demand in early fiscal 2027, defying geopolitical worries and rising costs. Despite input price pressures, both companies anticipate strong revenue and profit growth, with Godrej expecting high-teens revenue expansion. International markets are also showing promise, particularly in the Middle East, though El Niño's impact on rural demand remains a concern.
Mother Sparsh sees up to 40% growth as baby-care boom defies consumer slowdown
Mother Sparsh anticipates a robust 30-40% revenue surge this year, defying broader consumption slowdowns. Indian parents are prioritizing their babies' health and well-being, investing in premium, 'no nasties' products. Leveraging ITC's extensive distribution, the brand aims to expand its reach beyond online channels into smaller cities, tapping into a growing demand for trusted, scientifically-backed baby care solutions.
BSE announces change in licensing requirements for market data products from Jan 2027
BSE Ltd has announced a significant transition in its management of international licensing for market data products, effective January 1, 2027. This move sees BSE taking charge from Deutsche Börse AG, which previously handled these operations since their 2013 agreement. Clients outside India, however, will experience no disruption in service, while Indian clients maintain their direct access unchanged.
Funding the 'mother of all cycles': Chris Wood cuts Indian stocks to double down on South Korean chip giants
Christopher Wood has cut select Indian equities to increase exposure to South Korean chipmakers like SK Hynix and Samsung Electronics, betting on the AI-driven capex cycle. He views memory stocks as core beneficiaries, citing strong demand, attractive valuations and structural shifts, while warning that malinvestment risks could eventually disrupt the AI trade.
Funding the 'mother of all cycles': Chris Wood cuts Indian stocks to double down on South Korean chip gian - The Economic Times
Funding the 'mother of all cycles': Chris Wood cuts Indian stocks to double down on South Korean chip gianThe Economic Times
Capex boom, global sourcing tailwinds fuel textile stock rally
Textile exporter stocks witnessed a significant rally on Wednesday, boosted by positive initiation of coverage from Motilal Oswal Financial Services. The brokerage highlighted capacity expansion and supportive policies as key growth catalysts, projecting substantial gains for leading companies. This surge reflects a new investment cycle in the Indian textile sector, with companies focusing on higher-margin segments and value-added products to capitalize on global sourcing trends.
Banks seek RBI clarity on leveraged NRI FCNR deposit structures
Indian banks are seeking clarity from the RBI on allowing overseas branches to lend to non-residents for FCNR(B) deposits. Some lenders, like SBI, have already launched structured products enabling this, with deposits as collateral. Bankers hope for explicit regulatory comfort to boost NRI deposits before a special RBI window closes in September, potentially offering significant leveraged yields.
Insurers face margin pressure amid rising competition, costs; rural protection gap persists: Report
Indian insurers are feeling the pinch from fierce price wars and increasing operational expenses. To thrive, they must manage capital wisely, focus on solid underwriting, and control costs. Technology and a shift towards protection products will be key to reaching more customers and rebuilding trust. Broader financial services also see growth opportunities in MSME lending and corporate banking.
India willing to open its market to high-quality, innovative pharma products, says commerce minister
India is ready to welcome high-quality global pharmaceutical products. This move is in exchange for better market access for Indian drug exports. The Indian pharma market is set to double in five years. Global companies are invited to invest in India's vast market and skilled workforce. India is a major supplier of generic medicines and vaccines worldwide.
Indian Companies Pitch Products, Seek Partnerships At Mega Tech Trade Event In Taiwan
Organisers said they hoped to see greater participation from Indian companies in future editions of the exhibition as technology cooperation between the two sides continued to expand.