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Ola Electric tops Nifty 500 gainers as Delhi EV policy boosts electric two-wheeler stocks
The rally follows the Delhi Cabinet's approval of the new EV Policy on Monday, which will come into effect from July 1. Under the policy, registration of new internal combustion engine (ICE) two-wheelers will cease from April 1, 2028, with only electric two-wheelers eligible for registration thereafter.
China Loses Out On AI Boom As Stocks Trail By Most Since '01
Consumer spending in China continues to weaken, undercutting profits at internet companies and automakers alike.
India's next stock market headache isn't oil but a bigger storm brewing in the skies
India's stock market faces a new challenge as a severe "Super El Niño" threatens the monsoon, impacting 56% of GDP tied to consumption. This follows a decade-low monsoon start, with rainfall deficits exceeding previous El Niño years. Analysts warn of domestic demand destruction, range-bound markets, and downgrades in consumer sectors, despite easing oil prices. The situation could strain rural incomes and government finances.
AirPods Maker Luxshare Seeks Up to $3.1 Billion From Hong Kong Listing
The Shenzhen-based components manufacturer that's a key assembler of AirPods for the US consumer electronics giant is offering 383.5 million shares at a maximum price of HK$63.28 each, according to a listing document dated Tuesday.
Tata Consumer Share Price Live Updates: Tata Consumer's Weekly Volume Comparison
Who Is Puneet Sharma? The Banker Who Led Axis Bank's Citi Deal To Be HDFC Bank's New CFO
During his stint at Axis Bank, Sharma played a key role in several strategic initiatives, including the acquisition and integration of Citibank India's consumer business, capital raises that strengthened the bank's balance sheet, and increased investments in technology and digital banking.
US June Payrolls and Consumer Sentiment Paint Mixed Picture: Markets Eye Fed Path - Investing.com India
US June Payrolls and Consumer Sentiment Paint Mixed Picture: Markets Eye Fed PathInvesting.com India
Market Pulse: Key triggers to watch before the June 30 trading session
Global cues remain in focus as Wall Street ended higher and Washington prepares for talks with Iran in Doha, while the US Consumer Confidence Index data is due later today. Domestically, Delhi's proposed EV policy and developments around the CFO positions at Axis Bank and HDFC Bank are expected to remain in focus.
Godrej Consumer expands pet care brand across south India, targets Rs 500 crore biz in three years
Godrej Consumer Products is aggressively expanding its pet food brand, Ninja, aiming for a Rs 500 crore valuation within three years. After a successful pilot in Tamil Nadu, the brand is launching in Andhra Pradesh, Telangana, and Karnataka, with pan-India plans by FY28.
Japan stocks recover as bargain buying returns
On the domestic front, data showed Japan's retail sales rose 5.3% in May, marking the fastest growth since November 2023. The increase was largely driven by a government stimulus package that supported consumer spending.
IAMAI names JioStar Sports CEO Ishan Chatterjee to succeed Kiran Mani as DEC chief
Ishan Chatterjee, CEO of JioStar Sports, now heads IAMAI's Digital Entertainment Committee, succeeding Kiran Mani. Chatterjee highlighted India's digital entertainment boom, driven by tech and evolving consumer habits. He emphasized collaboration among platforms, creators, brands, and policymakers to foster innovation and leverage AI. Deepit Purkayastha remains co-chair.
Soaring iPad, Xbox Prices Reveal Pain of Memory Chip Mess
Both Apple and Microsoft blamed an unprecedented shortage of memory chips driven by the artificial intelligence boom, and despite high-profile efforts to increase supply, the crunch and its impact on consumer prices won't end anytime soon.