Market News
Stay updated with the latest market trends, earnings, and economic indicators.
ITC Rewards BAT-Linked Shareholders With Rs 3,896-Crore Dividend Despite Lower Stake
Two BAT-linked entities saw dividend income decline year-on-year as stake reductions in ITC weighed on payouts, while the tobacco giant retained its position as a key shareholder.
India’s nutraceutical market set to nearly double to $57 billion by 2030 on preventive health boom
India's health-conscious population is fueling a boom in the nutraceutical market, projected to nearly double to $55-57 billion by 2030. This shift towards preventive care, supported by e-commerce and government initiatives, sees the sector growing at an impressive 10.5% CAGR. While regulatory efforts are strengthening, challenges like consumer awareness and scientific validation persist, yet the industry is poised for significant expansion.
Two British American Tobacco-linked entities receive Rs 3,896 crore ITC dividend in FY26
British American Tobacco's Indian entities received ₹3,895.74 crore in dividends from ITC in FY26, a slight decrease from the previous year due to reduced holdings. ITC also acquired trademarks from BAT for ₹403.61 crore. Transactions between ITC and BAT group companies, including sales of goods and services, saw an increase, highlighting ongoing business ties.
Six of top-10 firms add ₹88,678 crore in mcap, ICICI Bank biggest winner
The combined market valuation of 6 of the top-10 most valued companies went up by Rs 88,678.1 crore in a holiday-shortened last week, with ICICI Bank emerging as the biggest winner. Last week, the BSE benchmark Sensex climbed 297.57 points, or 0.38 per cent, and the NSE Nifty went up by 42.9 points, or 0.17 per cent. "Markets ended the holiday-shortened week with modest gains, advancing in three of the four trading sessions. Sentiment remained constructive, supported by easing crude oil prices, improving geopolitical developments in West Asia, and selective buying by foreign institutional investors (FIIs)," Ajit Mishra, SVP, Research, Religare Broking Ltd, said. While Reliance Industries, HDFC Bank, ICICI Bank, State Bank of India, Bajaj Finance and Larsen & Toubro were the gainers, Bharti Airtel, Tata Consultancy Services (TCS), Life Insurance Corporation of India (LIC) and Hindustan Unilever faced erosion from their valuation. The market valuation of ICICI Bank jumped Rs ...
Not So 'Fit': SAJ Foods Under FSSAI Scanner For Misleading Biscuit Claims
The "No Added Sugar" claim was found to be misleading, FSSAI said.
Tilaknagar Industries invests additional Rs 2 cr in Bartisans
Hike stake from 36.17% to 41.45%
Alembic Pharmaceuticals receives USFDA final approval for Dapsone Gel
Alembic Pharmaceuticals has received final approval from the US Food & Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) Dapsone Gel, 5%. The approved ANDA is therapeutically equivalent to the reference listed drug product (RLD), Aczone Gel, 5%, of Almirall, LLC.
ITC Chairman Sanjiv Puri's remuneration fell 6.8% in FY26 on back of lower performance bonus: Here's how much he made
ITC Chairman and MD Sanjiv Puri's remuneration fell 6.8 per cent to ₹23.91 crore in FY26 due to lower performance bonuses and long-term incentives
Homebuyer can seek compensation for delayed delivery after taking possession: SC
Homebuyers can pursue compensation for delayed flat delivery even after taking possession, the Supreme Court ruled. The apex court overturned a previous order that denied a buyer's consumer status post-possession. The court emphasized that a claim for delayed possession arises before delivery and subsequent acceptance doesn't negate the right to seek adjudication. The case was sent back for a decision on merits.
Q1 earnings preview: Here’s what Nomura expects from Nestle, Titan, other consumer majors’ June quarter results
Nomura expects consumer staples to deliver a strong start to FY27, forecasting double-digit sales growth for several companies in the June quarter. The brokerage is bullish on Nestle, Titan, Britannia, Tata Consumer and Marico, citing steady demand, pricing gains and margin support despite higher raw material costs.
Buy or sell: Sumeet Bagadia recommends three stocks to buy on Monday - 29 June 2026
Sumeet Bagadia recommended these three buy-or-sell stocks: Dr Reddy's Labs, M&M, and Tata Consumer.
Venezuela Hit By Another Earthquake; Over 50,000 Still Missing After Twin Quakes
The twin quakes, the strongest to hit the country in more than a century, flattened homes, damaged roads, bridges and public infrastructure, and triggered widespread panic across the northern coastal regions.