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Cooktops in high demand as West Asia war alters household habits
Home appliance makers are boosting induction cooktop production significantly. This surge is driven by consumers adopting hybrid cooking methods after LPG disruptions. The market is expected to grow substantially by 2026. New brands are entering the segment, attracting significant consumer interest. Manufacturers are experiencing doubled orders compared to last year.
Yum Brands to sell struggling Pizza Hut restaurant chain for $2.7 billion
Yum Brands will sell Pizza Hut for $2.7 billion as heightened competition and cautious consumer spending is affecting the fast-food sector. Details here.
GST gains eroded by Gulf war: Dabur CEO Mohit Malhotra
Dabur's CEO Mohit Malhotra says the West Asia war has impacted the gains from GST measures. The company is raising prices and acquiring digital brands. Inflation has surged due to the conflict. Dabur expects value growth to continue for two quarters. Rural markets are a key focus. The company is also investing in smaller brands through Dabur Ventures.
Burger King parent Restaurant Brands Asia cuts Q4 loss to ₹43 cr on strong EBITDA growth
Revenue rose 11.7% year-on-year to ₹706.8 crore while margins improved to 13.4% from 11.6%. Shares of Restaurant Brands Asia Ltd ended at ₹66.77, up by ₹0.16, or 0.24%, on the BSE today, May 14.
West Asia Conflict: Supply chain woes hit smaller brands harder amid inflation
Amid ongoing supply chain challenges and the burden of rising operational costs, smaller consumer goods players are feeling the squeeze. This shift is creating a landscape where larger corporations can swiftly adapt, taking advantage of the situation to broaden their market influence.
Asia stocks advance tracking US tech gains; Iran conflict, RBA decision in focus - Investing.com India
Asia stocks advance tracking US tech gains; Iran conflict, RBA decision in focusInvesting.com India
Stocks to Watch Today: Orchid Pharma, HCL Tech, EMS, Silver Touch, Knack Packaging, Ganesh Infraworld, IdeaForge, Embassy Developments in focus on 8 July
Stocks to Watch, 8 July: Stocks like Embassy Developments, InterGlobe Aviation, SpiceJet, Ganesh Infraworld, IdeaForge Technology, HCL Technologies, Silver Touch Technologies, EMS, 3i Infotech, Restaurant Brands Asia, IOL Chemicals and Pharmaceuticals, Cochin Shipyard, and Knack Packaging will be in focus on July 8.