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Government starts industry consultations on next phase of food processing PLI
The government is planning an expanded Production-Linked Incentive Scheme for the food processing sector. Consultations were held with industry stakeholders to design the next phase of fiscal support. The upcoming policy aims to boost domestic manufacturing and global competitiveness. It will focus on innovation, value addition, and farmer benefits. Working groups will address perceptions and promote the sector's growth.
Multibagger small-cap Cupid logs biggest one-day fall in 6 months; ends 3-day rally
Cupid shares fell 11% on July 8, reversing a strong 14-session winning streak. After hitting a record high of ₹226, the stock plunged to ₹197, marking its biggest single-day decline since January. Retail investors benefited significantly from its 1,416% rally over the past years.
Heritage Foods says 'Fresh Paneer' label is descriptive, responds to FSSAI notice
Heritage Foods responded to FSSAI's show-cause notice concerning its 'Fresh Paneer' product label. The company stated the term accurately describes the dairy product's inherent nature. It clarified that 'Fresh Paneer' refers to refrigerated consumption with a limited shelf life. Heritage Foods also addressed the 'Health and Happiness' slogan as a corporate philosophy. The dairy firm reaffirmed its commitment to food safety and regulatory compliance.
Tata Motors charts $100 billion automotive ambition, commits Rs 40,000 crore to India business
Tata Motors aims for a USD 100 billion automotive business by FY31. The company plans substantial capital expenditure for domestic operations and JLR. Passenger vehicles will focus on aspirational products and market share growth. Jaguar Land Rover will contribute significantly to the projected sales figures. Digital technologies and AI are key investments for future operations.
FSSAI notices to Lotte India, Ferns N Petals, Kubera Foods for misleading claims
Food regulator FSSAI has issued notices to three companies for labelling violations. Lotte India faced action for non-compliant labels and misleading vegetarian claims. Kubera Foods received a notice for false claims on its cream bun product. Ferns N Petals was also cited for misleading claims on its chocolate. These actions aim to protect consumer interests and ensure fair practices.
Beer industry sees near double-digit growth but margins under pressure: UBL MD & CEO
The Indian beer sector is witnessing impressive growth, propelled by reformative state initiatives and seasonal weather advantages. However, the rising costs of inputs, notably glass and imports exacerbated by international disputes, are strategically challenging profitability. Yet, firms are optimistic about regaining profit stability as beer consumption among younger demographics, who prefer lighter alcoholic beverages, continues to rise.
Tilaknagar Industries records highest-ever monthly sales volumes in Jun'26
Sells 3.4 million cases
Power transmission offers biggest long-term opportunity; textiles near bottom: Nepean Capital
Gautam Trivedi, Co-Founder of Nepean Capital discusses AI's impact on IT, opportunities in data centres, why textile exporters may be nearing a bottom, and shares his views on stocks including TD Power Systems, Power Grid Corporation of India, KEC International, Hitachi Energy India, Transformers and Rectifiers (India), Yash Highvoltage and Varun Beverages.
Multibagger Cupid shares rally 19% in 6 days after Q1 update, skyrocket 940% in one year. What lies ahead?
Cupid shares climbed significantly after a positive business update for the April-June quarter. The company raised its FY27 revenue guidance to over Rs 660 crore. This upward revision reflects strong performance and expanding global opportunities. Cupid's management highlighted diversification and growth across multiple business verticals. The company also noted steady progress in its In Vitro Diagnostics business segment.
Sensex Today Tanks 531 Points | Nifty Below 24,250 | Bajaj Finance & ITC Top Losers - Equitymaster
Sensex Today Tanks 531 Points | Nifty Below 24,250 | Bajaj Finance & ITC Top LosersEquitymaster
Sensex Today Tanks 531 Points | Nifty Below 24,250 | Bajaj Finance & ITC Top Losers - Equitymaster
Sensex Today Tanks 531 Points | Nifty Below 24,250 | Bajaj Finance & ITC Top LosersEquitymaster
Chambal Breweries & Distilleries reports standalone net loss of Rs 0.08 crore in the June 2026 quarter
Reported sales nil