Companies News

Adani Ports Appoints New Auditor As Deloitte Resigns

The the Board of Directors at Adani Ports and Special Economic Zone Limited has appointed M S K A and Associates, an independent member firm of BDO International, as the statutory auditors of the company to fill the vacancy caused by the resignation of Deloitte Haskins and Sells LLP. The new auditor will hold office […]

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Brands Companies News

Zomato Reports Q1 Profit, Shares Jump 15%

Zomato shares rose sharply for the second straight day after the company reported its first-ever quarterly profit. Shares of the food aggregator and delivery company Zomato soared 10 per cent on Friday and about 5 per cent today. At the time of writing this report, Zomato shares were trading 5 per cent higher at Rs […]

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Indian Cotton Spinning Industry To See Revenue Decline In FY2024

The rating agency Icra expects demand for the industry to improve by close to ten per cent in volume terms in FY2024 on a yearly basis, primarily gaining through a shift in preference away from Chinese cotton and the expectations of demand improving for the spring, summer season in USA and EU regions. However, an […]

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Brands Companies FMCG News

Adani Wilmar Reports 15% YoY Sales Drop Amid Falling Edible Oil Prices

Shares of Adani Wilmar are expected to be closely watched as the company announced a 15 per cent year-on-year decline in sales attributed to a significant drop in edible oil prices, despite a 25 per cent increase in volumes for the quarter. The edible oil and industrial essentials segments experienced a 15 per cent decrease […]

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Brands Fashion & Lifestyle Interviews

FNP MD & Founder Vikaas Gutgutia Talks About Gifting Trends This Year

Gifting as an industry is getting more personalised. The discerning audience is seeking more and more products which have an emotion attached to it, said Vikaas Gutgutia, MD Founder FNP (Ferns N Petals) “Instead of sending a simple bouquet or a cake and a card, consumers want to go that extra mile so that the […]

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