Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Trent Q1 Update: Standalone revenue rises 19%, driven by Zudio expansion
Trent reported 19% year-on-year standalone revenue growth to Rs 5,666 crore in Q1FY27, driven by rapid Zudio expansion. The retailer ended June with 1,312 stores, including 982 Zudio outlets, reinforcing its strong value-fashion growth strategy despite intense competition.
Taking on HUL, P&G and Marico: Why Honasa wants to be more than just Mamaearth
A few years ago, Mamaearth rewrote the beauty playbook. Now, with shifting consumer tastes and intense competition, the brand’s parent, Honasa Consumer, is looking to reinvent itself with a broader portfolio. How that plays out will determine if it's a one-brand wonder or grows as something bigger.
Earnings could improve from Q2 as oil eases; Enam's Sridhar Sivaram stays underweight on IT, banks
Enam Holdings Investment Director Sridhar Sivaram remains underweight on IT and banks, citing weak earnings growth and intense competition, while favouring manufacturing, power equipment, pharmaceuticals, NBFCs and gold. Sivaram also recommends international diversification and expects gold to deliver double-digit annual returns over the next five years.
Pipeline Testing Triggers Massive Water Burst On New Road In Pune Amid Heavy Rains
The incident coincided with intense rainfall across Pune, Mumbai and several neighbouring districts
India's banks are handing out more loans, but deposits aren't keeping up
Indian banks witnessed a surge in lending during the April-June quarter, outpacing deposit growth and widening the funding gap. This trend, driven by robust demand from corporate and retail sectors, has pushed the loan-to-deposit ratio to a decade-high, raising concerns about funding sustainability. While some lenders saw deposits decline, others maintained a balance, reflecting varied strategies amidst intense competition.
FMCG companies ride the heatwave to make cool gains
Intense heatwaves fueled double-digit sales growth for FMCG, white goods, and retailers in the April-June quarter. Companies reported improved operating profits, aided by price hikes, despite rising input costs. While optimistic about consumption, firms are closely watching inflationary trends and El Nino's potential monsoon impact. Summer products saw a significant boost, though some categories faced challenges.
Indian AC makers eye Europe as record heatwaves spark export opportunity
Indian air-conditioning manufacturers are increasingly attracted to the European market as they respond to rising demand driven by intense heatwaves and climate change awareness. Competing against lower-cost Chinese and South Korean brands is challenging, yet Indian companies are poised to comply with strict European regulations.
Nagarro deal jitters drag Persistent's shares to a two-year low
Analysts are concerned about Nagarro's muted growth outlook and intense competition in the enterprise resource planning space.
Voltas sells one million AC units in first quarter of FY27
Voltas has achieved a significant milestone, selling one million room air conditioners in the first three months of the 2026-27 financial year, a record for the company. This success, attributed to a refreshed product line and strong consumer trust, reinforces Voltas' leadership in India's competitive AC market. The industry anticipates robust sales this year following a subdued 2025, with demand boosted by intense heatwaves and strategic company initiatives.
Flipkart extends lead in Indian ecommerce, Myntra widens lead in fashion, says BofA
Flipkart Group solidifies its e-commerce dominance in India, with Myntra leading the online fashion segment, according to a Bank of America Securities report. Despite intense competition, consumer demand remains robust, defying concerns about slowing discretionary spending. The report highlights resilient growth across various internet sectors, including online travel, quick commerce, and logistics, with AI adoption poised to enhance customer experience and optimize costs.
Finance expert Aswath Damodaran's warning on AI crash: 'When the correction comes, the pain will be more intense'
NYU professor Aswath Damodaran has warned that a future AI market correction could be far more damaging than the dot-com crash, as today's AI boom is being fuelled by massive debt-funded infrastructure spending
Law firms make a strong case for rehiring seasoned hands
Leading Indian law firms are increasingly rehiring former lawyers, a trend dubbed "boomerang hiring," to combat intense competition for legal talent. This strategy offers firms reduced onboarding costs and risks, while returning lawyers gain comfort and growth. Firms view this talent mobility as a positive professional cycle, strengthening their partnerships and endorsing their culture.