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Godrej Consumer Shares Suffer Worst Fall in Six Years After CEO Exit

By Uniquetimesorg August 12, 2026 0

Shares of Godrej Consumer Products plunged 11.2% on Wednesday, marking their steepest single-day decline in more than six years. The sell-off followed the abrupt departure of CEO Sudhir Sitapati, raising concerns among investors about the company’s strategic execution and growth plans. Godrej Consumer appointed CFO Aasif Malbari as CEO and managing director after Sitapati Continue Reading

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Trent Shares Slip as Investors Seek Faster Revenue Growth

By Uniquetimesorg August 8, 2026 0

Shares of Indian fashion retailer Trent fell as much as 3.06% on Friday, despite the Tata Group company reporting a 22% rise in first-quarter profit. Investors remained focused on the pace of revenue growth, with Trent’s revenue increasing 18% to ₹57.55 billion, below the 20%-21% medium-term growth expectations of some brokerages. Like-for-like sales growth, a […]Continue Reading

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Blackstone-Owned AGS Health Files $500 Million India IPO Papers

By Uniquetimesorg August 8, 2026 0

Blackstone-owned AGS Health has filed updated draft papers for a ₹48 billion ($504 million) initial public offering (IPO) in India, nearly two months after receiving approval from the market regulator for its listing. The proposed IPO includes a fresh issue of shares worth up to ₹18 billion and an offer for sale of shares worth […]Continue Reading

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Britannia Shares Jump on Strong Profit Growth

By Uniquetimesorg August 7, 2026 0

Britannia Industries’ shares surged nearly 5% after the company reported a 13.4% increase in quarterly net profit and projected stronger domestic demand. The biscuit maker said steady consumer spending and healthy volume growth helped it navigate rising commodity costs and supply chain challenges. The company reported quarterly net profit of ₹5.91 billion, while Continue Reading

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Swiggy Sets ₹100 Billion Earnings Goal by FY31

By Uniquetimesorg August 6, 2026 0

Swiggy has announced an ambitious target of achieving ₹100 billion ($1.05 billion) in core earnings (EBITDA) by fiscal 2031. The company expects this growth to be driven by the continued expansion of its food delivery business and its quick-commerce platform, Instamart. The company projects Instamart’s gross order value (GOV) to increase four to five times, […]Continue Reading

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Milky Mist Shrinks IPO Ahead of Launch

By Uniquetimesorg August 5, 2026 0

Milky Mist Dairy Food has reduced the size of its initial public offering (IPO) to ₹15.53 billion from the previously planned ₹20.35 billion after completing pre-listing stake sales to a unit of Singapore’s Temasek. The IPO will open for subscription from August 11 to 13, with anchor investor bidding scheduled for August 10. The revised […]Continue Reading

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Jio-BlackRock Launches Nifty 50 ETF in India

By Uniquetimesorg August 4, 2026 0

Jio Financial Services and BlackRock have launched the JioBlackRock Nifty 50 ETF, marking their entry into India’s fast-growing exchange-traded fund (ETF) market through their asset management joint venture. The fund tracks the Nifty 50 Index, offering investors exposure to India’s 50 largest listed companies through a single investment. The launch follows Continue Reading

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SEBI Penalises Zee Entertainment, Punit Goenka and Subhash Chandra

By Uniquetimesorg August 1, 2026 0

Zee Entertainment Enterprises Ltd. (ZEEL), its CEO Punit Goenka, and Founder-Chairman Emeritus Subhash Chandra have been penalised by the Securities and Exchange Board of India (SEBI) for alleged violations of securities laws. The regulator imposed a total penalty of ₹14.8 million and barred Goenka and Chandra from accessing the securities market for one year. ZEEL […]Continue Reading

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Small-Town India Powers Retail Investing Boom as 84% of Groww Users Come From Beyond Major Cities

By Uniquetimesorg July 31, 2026 0

India’s retail investing landscape is undergoing a major transformation, with smaller towns emerging as the new growth centres. According to Groww’s FY26 Annual Report, 84% of its transacting users now come from outside India’s six largest cities, while customers are spread across 97% of the country’s PIN codes. The shift reflects how digital platforms, affordable […]Continue Reading

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Adani Enterprises Reports Quarterly Loss After US Settlement Charge

By Uniquetimesorg July 29, 2026 0

Adani Enterprises reported a consolidated net loss of ₹11.60 billion for the quarter ended June 30, mainly due to a one-time ₹26.44 billion charge linked to a settlement with the U.S. Treasury’s Office of Foreign Assets Control (OFAC) over an investigation involving the shipping of Iranian gas. This marks the company’s second consecutive quarterly loss. […]Continue Reading