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Premium push shields Gillette, Whisper makers as supply chain costs rise
High-margin offerings like sleep gummies and electric razors are helping the consumer goods majors offset severe raw material inflation triggered by the US-Iran conflict, a top executive said.
Brent crude oil falls below $81/barrel for first time since March: What's behind the move?
The global benchmark has now fallen for a fourth straight session, after dropping nearly 5% on Monday and around 6% over the past week, as traders continued to unwind the risk premium that had built up during the recent U.S.-Iran conflict.
Nifty June futures trade at premium
India VIX tumbled 6.89% to 13.36.
Noida airport gets round-the-clock cabs, fares range from Rs 1k to Rs 3k
Noida International Airport passengers found taxis to be a dependable transport option. Several cab aggregators like Uber, Ola, and Rapido offered services with introductory discounts. Premium cab operators also provided chauffeur-driven options. UPSRTC buses are also serving the airport, though with a shuttle requirement. These services ensured smooth connectivity for travellers.
Buyback alert! Last date to buy Cyient shares to participate in Rs 720 crore share buyback. Do you own?
Cyient’s Rs 720 crore share buyback enters the final stage, with June 16 as the last date to buy shares to qualify. The record date is June 17. The company plans to repurchase shares at Rs 1,125 apiece, offering a premium, while analysts remain cautious on growth outlook.
M-Cap of Vedanta's split cos jumps 67% to Rs 3.5 lakh crore
Vedanta's demerger has boosted shareholder value. The combined market capitalization of the parent and four new entities surged significantly. Investors are showing a premium for pure-play exposure to sectors like aluminium and oil and gas. Vedanta Aluminium is the dominant value driver. The residual Vedanta entity also holds substantial valuation. Smaller verticals are yet to see a rerating.
Mercedes-Benz India confident of sustaining growth on strong demand this year
The premium car maker also said that a price increase was on the cards to deal with the impact of sustained pressure on Indian Rupee, among others, a top company official said.
Delsey Paris plans 'tsunami of innovation' in India to catch up on backpacks and other trends
The premium luggage brand will also double its marketing spend and expand into smaller cities as India becomes its fifth-largest market, global CEO Gilles Bariguian told Mint.
6 Seats, 681 Km Range: Tesla Begins Deliveries Of Rs 62 Lakh Model Y L In India
Tesla shared pictures of the initial deliveries, marking another step in its plans to grow its presence in India's premium EV market.
Nifty June futures trade at a premium
HDFC Bank, Reliance Inds and L&T were top traded contracts
Shriram Properties inks joint development pact for 9.1-acre land in Bengaluru
Shriram Properties has signed a joint development agreement for a significant land parcel in Bengaluru. The company plans to develop a large residential project on this 9.1-acre site. This move expands Shriram Properties' presence in a growing Bengaluru micro-market. The project aims to cater to the mid-market and mid-premium segments. It represents a strategic expansion for the developer.
Foodstories raises ₹50 crore from Nikhil Kamath as premium food retail bets gain traction
Foodstories raises ₹50 crore from Nikhil Kamath and Narotam Sekhsaria Family Office to expand premium food retail and digital business across Indian cities