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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.
Consumer companies ramp up festive production on demand hope
Leading electronics contract manufacturers such as Dixon Technologies and PG Electroplast highlighted a "high" double-digit increase in orders across categories including televisions, lighting products, washing machines, and refrigerators. PG Electroplast, which supplies to brands such as LG, Midea, Voltas, Whirlpool, and Daikin, said its festive order book has grown by 40% over last year. Dixon counts Samsung, Xiaomi, Haier, and Philips among its customers.
Cold war over ice cream: A three-decade old Vadilal family feud returns to Bombay High Court
A three-decade-old family pact dividing the Vadilal ice cream brand is now a legal battleground. The Mumbai branch has sued the Ahmedabad branch in Bombay High Court, seeking to prevent interference with its ice cream and juice business. Allegations of sabotage and failed buyout attempts fuel the dispute, with a court order pending on interim relief.
ITC CMD sees ₹1.7 cr drop in pay - here’s why
ITC Chairman and Managing Director Sanjiv Puri's total remuneration fell 6.8% year-on-year to ₹23.91 crore in FY26, primarily due to a decline in performance-linked bonuses and long-term incentive payouts, according to the company's latest annual report.
ITC's packaged foods business crosses $2 billion in revenue
ITC's packaged food business soared past $2 billion in FY26, with overall FMCG consumer spending reaching Rs 37,000 crore. This growth was fueled by premium product launches and a favorable tax environment. While the food segment remains the largest FMCG contributor, other businesses saw modest gains. The company faces challenges from increased cigarette taxation but remains optimistic about its market position.
ITC charts growth through FMCG, digital farming and fresh foods
ITC Ltd is aggressively pursuing a medium-term growth strategy, aiming to become India's top FMCG player by bolstering core brands and exploring new health and convenience offerings. The company is also scaling its digital agriculture platform, ITCMAARS, to significantly boost farmer incomes and yields. Further expansion is planned for its fresh food business and sustainable packaging solutions, with a commitment to net-zero operations by 2050.
Chips or chocolates, India's brands want you to pay more for a fitter you
From millet chips and protein-rich chocolates to science-backed skincare, FMCG companies are increasingly premiumising everyday products to drive growth beyond volumes. Backed by rising demand for health, nutrition and convenience, brands are leveraging trusted names to launch higher-margin variants, while industry data shows premium categories continuing to outpace the broader market despite concerns over whether healthier claims always translate into better nutrition.
Is ITC stock nearing the end of a 21-month correction? Bajaj Broking sees a 14% rally in 6 months
Bajaj Broking anticipates ITC stock to rise towards ₹330, supported by a favorable risk-reward setup at a key support level. The stock has shown positive momentum, suggesting an investment opportunity in the next six months with a projected return of 14%.
CDSCO asks states, port offices to step up screening to curb imports of illegal drugs
India's drug regulator is intensifying border screenings to block unapproved medicines from entering the country. Authorities are cracking down on illegal import channels and boosting surveillance in vulnerable areas like coastal regions and logistics hubs. State drug controllers are urged to gather intelligence and work with law enforcement to seize and prosecute those involved in the unauthorized trade of medicines, safeguarding public health.
ITC, HUL among 10 FMCG stocks that have tumbled up to 31% in 2026. How many do you have?
FMCG stocks remained under pressure in 2026, with the sector index declining 10% year-to-date amid geopolitical disruptions and inflationary pressures. Most major names, including ITC, Dabur and Godrej Consumer Products saw sharp declines, while Hindustan Unilever and Colgate-Palmolive showed relative resilience.
Tata Motors CV bets on Iveco deal to prop up local, global play
Tata Motors is targeting a 40% domestic commercial vehicle market share by FY28, bolstered by the proposed $4.5 billion acquisition of Italian firm Iveco. This strategic move aims to unlock new markets, products, and technologies, complementing Tata's existing presence. The company also sees strong domestic recovery, achieving its highest heavy commercial vehicle market share in a decade and maintaining double-digit Ebitda margins despite cost pressures.