[ad_1] NEW DELHI: Costa Coffee, the British coffee chain, reported a significant increase in its India operations, with revenue climbing 30.76% to Rs 198.5 crore in FY25, while profit increased by 28.4% to Rs 149.7 crore.The company expanded its presence from 179 to 220 outlets in FY25, contributing to this growth, as detailed in Devynai…
[ad_1] NEW DELHI: Markets ended the week with over 1% losses, dragged down by ongoing global tariff uncertainties and a weak start to the first-quarter earnings.Despite a stable start, across the first three sessions, selling pressure in final sessions pulled both the Indian benchmark indices BSE Sensex and Nifty50 near weekly lows. Sensex dropped 689.81…
[ad_1] This is a representative AI image NEW DELHI: Mercedes-Benz India is set to increase vehicle prices by 1–1.5% in September to offset the impact of the weakening rupee against the euro, Managing Director and CEO Santosh Iyer said.“There is another price hike coming up in September, because of the euro. If you see, the…
[ad_1] This is a representative AI image NEW DELHI: NLC India, a state-owned enterprise, is in advanced negotiations with a Russian government-backed entity to secure lithium supplies from its mine in Africa, marking a key step in securing critical minerals for India’s energy transition.This initiative is crucial as India implements strategies to secure consistent lithium…
[ad_1] US President Donald Trump has sent letters to 23 trading partners this week, including Canada, Japan, Brazil, and others — threatening blanket import tariffs ranging from 20% to 50%. The move, part of a renewed aggressive trade stance, also includes a 50% duty on copper imports.The letters outline that the proposed 30% general tariff…
[ad_1] NEW DELHI: Walmart-owned Flipkart has announced a $50 million employee stock buyback plan that will benefit approximately 7,000–7,500 employees. The move comes as the ecommerce major prepares for a potential IPO filing next year.The buyback will allow employees to liquidate up to 5% of the stock options vested between July 6, 2022, and July…
[ad_1] IIFL Home Finance has secured $100 million (approximately Rs 858 crore) in financing from the Asian Infrastructure Investment Bank (AIIB) to expand access to affordable housing loans and promote green building standards, the company said in a release on Saturday.The funds will be used to support home loans for families from economically weaker sections…
[ad_1] US President Donald Trump announced on Saturday that starting August 1, 2025, goods imported from both Mexico and the European Union will be subject to a 30% tariff. The letters, posted on his social media platform, cite drug trafficking concerns in Mexico and long-standing trade imbalances with the EU as reasons for the sweeping…
[ad_1] Aditya Birla Group Chairman Kumar Mangalam Birla (ANI) Aditya Birla Group Chairman Kumar Mangalam Birla has joined the Board of Directors of the US-India Strategic Partnership Forum (USISPF) as a member of its Executive Committee, the forum said in a statement on Saturday.The appointment comes weeks after Birla was conferred the Global Leadership Award…
[ad_1] A trade deal between India and the US has still not been finalized. (AI image) India-US trade deal: In February this year, US President Donald Trump and Indian Prime Minister Narendra Modi announced the intent for a trade deal by fall this year. Come April 2025, and Trump announced reciprocal tariffs on a lot…