Dabur's business update for Q3FY26 indicated mid-single digit consolidated revenue growth. The guidance is that growth in operating and net profits will beat revenue growth. In the domestic business, home and personal care (HPC) revenue grew in double digits, while healthcare is likely to post a sequential growth in low-single digits.
'His series of provocative speeches, references to Nepal agitations, Arab Spring etc and misleading videos resulted in the violent protests of September 24 in Leh where institutions, buildings and vehicles were burnt down and, in the aftermath, police personnel were attacked leading to the unfortunate death of four individuals'
Recently-retired Indian table tennis great A Sharath Kamal has given himself 11 years to produce the country's first Olympic medallist in the racket sport and German football club Borussia Dortmund could end up being his unlikely ally in pursuit of this path-breaking dream.
Government sources allege the recent violence in Ladakh was a politically motivated conspiracy, blaming certain individuals and activist Sonam Wangchuk for misleading the youth.
'...than free Sonam Wangchuk.'
For the first time since curfew was imposed three days ago in violence-hit Leh town of Ladakh, the restrictions were relaxed Saturday afternoon in a phased manner for a few hours, providing relief to residents who lined up outside shops selling essential commodities.
Climate activist Sonam Wangchuk called off his hunger strike as protests for Ladakh statehood and Sixth Schedule extension turned violent. The BJP office was set on fire, vehicles were torched, and clashes erupted, leading to the imposition of prohibitory orders.
Maharashtra minister Prakash Abitkar said efforts are underway to bring back elephant Mahadevi from a rescue center in Gujarat. The elephant was relocated following a court order due to health concerns. Local leaders are protesting the relocation and seeking her return.
The cancellation means the Leh-based institute will no longer be able to receive or utilise foreign funding.
Vantara did not initiate or request the relocation of the elephant named Mahadevi from a monastery in Kolhapur to its facility in Jamnagar but served only as the 'court-appointed recipient facility', the NGO said in a statement.
Vantara will join the Maharashtra government's petition in the Supreme Court to seek the return of elephant Madhuri to a monastery in Kolhapur, Chief Minister Devendra Fadnavis said.
Thousands of people participated in a 'silent march' in Kolhapur on Sunday, demanding that 36-year-old female elephant Mahadevi (also called Madhuri), be brought back from Vantara wildlife rescue, treatment, and rehabilitation centre in Gujarat's Jamnagar district.
The FMCG industry in India achieved a 10.6% growth in value terms in the December quarter of 2024, driven largely by rural markets, which have surpassed the large urban markets in growth for the fourth consecutive quarter. Festive demand and consumption-driven growth played a key role, with overall volume up 7.1% despite inflationary pressures. However, the industry also saw a "preference shift of consumers towards smaller packs" due to high food inflation. Local manufacturers continue to outperform larger FMCG companies, fueled by consistent volume growth.
The volume growth of India's FMCG industry has slowed down in the March quarter to 5.1 per cent, driven by increased consumer purchases of small-value packs, according to the latest report from data analytics firm NielsenIQ. Volume growth is slowing across categories, and non-food segments are still outpacing food in the FMCG sector.
'Nobody asked us to work on this. It was on our own that we decided to embark on this journey.'
Dabur's pre-quarterly update for Q3FY25 disappointed the market with the share dropping by 3.9 per cent. Growth was slower than expected and inflation hit margins. The management said that the fast-moving consumer goods (FMCG) consumption in rural markets was resilient and continued to grow faster than in urban markets.
Dabur's performance in the July-September quarter of the current financial year (Q2FY25) was weak but in line with consensus. Consolidated revenue declined 5 per cent year-on-year (Y-o-Y) due to a temporary adjustment in General Trade (GT) inventory. Indian revenue declined 7.6 per cent, while international business grew 13 per cent Y-o-Y in constant currency (CC) terms.
Prime Minister Narendra Modi on Thursday said a country can aim for high achievements only if it has a big vision and asserted that technology upgradation should be to empower the poor. Speaking after launching via video link three PARAM Rudra supercomputers, developed indigenously under National Supercomputing Mission, Modi asserted that today's India is carving new opportunities in the infinite sky of possibilities. Modi said his government has taken steps to ensure research in technology benefits the common man.
The central government's Great Nicobar development project, proposed around an unprecedented transhipment port, will be executed to keep environmental impact minimal, and is essential as it is of national importance, the government has said amid calls to abort the controversial project due to ecological concerns, the Centre said in an official statement.
The 14-member delegation of the Apex Body Leh and Kargil Democratic Alliance met the high-powered committee for Ladakh headed by Minister of State for Home Affairs Nityanand Rai.
The ministry said the high powered committee for Ladakh headed by Minister of State for Home Nityanand Rai has been working actively with representatives of the ABL and the KDA and significant progress has been made.
India's fast-moving consumer goods (FMCG) sector witnessed growth in rural consumption in volume terms outpace urban consumption for the first time in five quarters, in the January-March period. According to a report from consumer intelligence firm NIQ, rural consumption grew at a rate of 7.6 per cent year-on-year (Y-o-Y) in Q1CY24, overtaking that in urban areas which stood at 5.7 per cent.
The fast-moving consumer goods (FMCG) sector has underperformed the Nifty over the past year as its 20 per cent return is trumped by 29 per cent of the benchmark index. The FMCG index saw a 2.2 per cent drop in the last session, while the Nifty lost 1 per cent. FMCG is seen as a defensive segment. The demand for staples like personal care products, groceries and snacks tend to be stable. FMCG companies are consistent dividend-payers.
Stock markets would take cues from the upcoming macroeconomic data announcements and global trends besides keeping a watch on the trading activity of foreign investors, analysts said. The last batch of the ongoing earnings calendar would trigger stock-specific action, traders said. "This week, we have to deal with macroeconomic data on both the domestic and global front.
'The discussion before this innings with Dhruv was 'go down to the level of your practice and everything will be fine'. The talk is always about staying hungry.'
Ron Malka, former envoy of Israel to India, has said that he has assumed charge as the executive chairman of the Haifa Port Company (HPC) owned by a consortium led by the ports-to-energy conglomerate Adani Group. A consortium of Adani Ports and Special Economic Zone (APSEZ) and Israel's Gadot Group won the tender in July last year to privatise the strategic Port of Haifa in Israel for $1.18 billion. "I'm honoured and privileged to take office today as executive chairman of the Haifa Port Company, on behalf of @AdaniOnline.
As the bordering state of Mizoram on Thursday completed its peace journey of last 25 years since signing of the historic Mizo Peace Accord on this day in 1986, the celebration could have been with much more enthusiasm and encompassing all the tribes of the tiny state had the government been able to solve the issue of Hmar community.
The NGT had constituted a committee headed by a former Uttarakhand high court Judge to monitor the project.
'My belief that I could protect the Himalayas was shattered.'
'She has worked really hard after coming back from injury. The strength and conditioning team have worked really hard to get her in peak physical shape. Technically, she will be using a stiffer and longer pole.'
If cleared, the ONGC arm will become the first subsidiary company of an existing Maharatna to get into this superior league among government-owned entities.
From the seas to the stars, this partnership will now be deepened by the defining role of technology, the statement said.
Jyothi Yarraji smashed the women's 100m hurdle national record for the second time in less than two weeks while winning the event at the Loughborough International Athletics Meet in the UK.
The earlier resolution allowing these developers to charge higher power tariffs, now stands cancelled.
The strategic 900-km-long Chardham project worth Rs 12,000 crore aims to provide all-weather connectivity to four holy towns -- Yamunotri, Gangotri, Kedarnath, and Badrinath -- in Uttarakhand.
Last week, SLC appointed former first-class cricketer Jerome Jayaratne as the national team manager for the Islanders' upcoming tour of the West Indies.
The Centre on Thursday told the Supreme Court that if the Army cannot move its missile launchers, heavy machinery up to the northern Indo-China border, then how will it defend it and fight a war, if it breaks out.
Criticising the court may also lead to interference in the course of justice, the bench added.
Indian women's team was also scheduled to tour England for the tri-series (also involving SA) but it had pulled out due to the health crisis in their own country.
A High Powered Committee is being set up to suggest an alternative complex to house the Lok Sabha and the Rajya Sabha amidst apprehensions over the structural stability of the building built in 1927.
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