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EMS zooms 17% on bagging ₹103 cr sewer network order from UP Jal Nigam
EMS received the lowest bidder (L-1) status from UP Jal Nigam (Urban), Varanasi, for the construction of sewer networks and house connections in four wards of Nagar Nigam, Varanasi
Nestle among Nuvama's top 5 consumer picks after Q4 earnings season. Do you own any?
Nestle is among Nuvama's top consumer picks following strong Q4 earnings, driven by resilient rural and urban demand. Despite challenges like unseasonal weather impacting seasonal products, the brokerage highlighted Nestle, Asian Paints, Pidilite Industries, Berger Paints, and Marico as key investment opportunities in the sector.
EMS emerges as L1 bidder for construction work in Varanasi
EMS announced that it has emerged as the lowest bidder (L-1) for a sewerage infrastructure project awarded by UP Jal Nigam (Urban), Varanasi.
Manipal Health picks up hospital building in Bengaluru through 30-year lease
Manipal Health Enterprises has secured a large hospital building in Bengaluru's Yelahanka area. The lease spans nearly 30 years, with total rental payments projected at over Rs 816 crore. This move signifies the hospital chain's ongoing expansion across major Indian cities. The transaction underscores the growing trend of healthcare operators prioritizing long-term occupancy in prime urban markets.
Nestlé India flags shaky demand from urban middleclass as incomes lag
India’s consumption recovery could face a fresh test as the urban middleclass has entered a ‘wait and watch’ mode on discretionary spending as its income growth lags inflation, says Nestlé India CMD Tiwary. The demand from the premium and rural sectors has, however, shown resilience, he says.
Consumer demand story remains strong and capable of double-digit growth: Nestlé India CMD
Speaking from the sidelines of the Citi India Conference 2026, Manish Tiwary, CMD of Nestlé India, said he remains confident about the Indian consumer sector's ability to deliver double-digit growth over the long term despite near-term uncertainties. He said premium consumption remains resilient and rural markets have consistently outperformed urban areas in recent years. Nestlé India is continuing to invest over ₹2,000 crore annually and is setting up its 10th manufacturing facility in Odisha.
Goldman just made a bunch of additions to its favorite stocks list. Here are the new names
Goldman Sachs adds Tyson Foods, Block, TPG and Casella Waste Systems to its June Conviction List, removing Ares Management, Wynn Resorts and Kontoor Brands.
Stocks to Buy: CLSA expects eyewear maker to cross levels of ₹600 despite valuation chatter
CLSA described Lenskart as a leading eyewear brand in India that is well-positioned to cater to the country's affluent urban consumers as well as emerging middle-income cohorts, while continuing to offer affordable products for the mass market.
Excitel turns profitable after 10 years in a tough market
Excitel Broadband achieved its first annual net profit in FY2026. The company reported a profit of ₹40 crore on ₹530 crore revenue. This success comes from focusing on dense urban areas and state capitals. Excitel competes with larger players by offering faster speeds and better service. This marks a significant milestone for the standalone internet service provider.
Is The Worst Over For Asian Paints? Brokerages Weigh In After Strong Q4 — Check Revised Targets
Asian Paints Ltd expects volume growth of 8%-10% in FY27 as demand remains steady across rural and urban markets despite inflation concerns and higher prices.
Centre targets nearly 300 GW power generation capacity by next year: Manohar Lal Khattar
India is boosting its power generation capacity, focusing on nuclear energy. The nation aims to reach nearly 300 GW next year. Nuclear power is key for long-term energy security, targeting 100 GW by 2047. Tripura is set to receive urban infrastructure projects worth Rs 1,200 crore. Reforms are crucial for growth.
Asian Paints Expects Up To 10% Volume Growth In FY27 As Demand Holds Up Amid Inflation Pressures
Asian Paints expects 8%-10% volume growth in FY27 as demand remains steady across rural and urban markets, with management citing encouraging trends in April and May despite inflation and geopolitical risks.