Mint | livemint | Stock market Influencer | Company news, announcements, research and analysis

Mint

@livemint

Breaking news and analyses of Indian and world business, economy and politics from Mint.

Followers: 2,044,389

  Mint

@livemint

#GlenmarkPharmaceuticals said its US subsidiary has acquired generic versions of four over-the-counter drugs from Wockhardt.

Glenmark Pharma's US arm acquires four OTC drugs from W..

Glenmark’s portfolio consists of 175 products authorised for distribution in the US, and 48 ANDAs pending approval with the US Food and Drug..

mint

28/06/2022 11:28:01 AM     Share:

  Mint

@livemint

#GSTcouncil in its 2-day meeting, starting today, is likely to consider the report of the panel of state finance ministers on the feasibility of implementation of e-way bill requirement for the movement of gold and precious stones.

GST council likely to consider e-way bill mandatory for..

GST council likely to consider e-way bill mandatory for gold, precious stones

mint

28/06/2022 11:10:00 AM     Share:

  Mint

@livemint

Infosys will manage the end-to-end program, enabling Global Express’ transformation strategy for its transport and logistics business to deliver exceptional customer service.

Infosys bags order from Australia's Global Express to m..

As part of this collaboration, Infosys will also help set up a greenfield technology environment, and migrate Global Express’ applications a..

mint

28/06/2022 11:00:00 AM     Share:

  Mint

@livemint

Wipro Consumer Care and Lighting, maker of Santoor soaps and Yardley talcum powder, has reduced #advertising spends and is reviewing raw material procurement, as inflation in commodities such as palm oil raise costs. (@suneeratweets reports)

Wipro Consumer slashes ad spending as price rise bites

The company could step up advertising spends if commodity prices show signs of easing

mint

28/06/2022 10:50:00 AM     Share:

  Mint

@livemint

#MintPlainFacts | But inflation is also forcing companies to take direct price increases. In a recent update, Kantar said every kilogram of packaged consumer goods sold in India in February-April was 10% costlier than a year earlier. Read here:

What is ‘shrinkflation’ and how is it playing out in In..

FMCG companies in India have lately adopted the tactic of cutting pack sizes, instead of direct price hikes, to tackle rising inflationary p..

mint

28/06/2022 10:47:39 AM     Share:

  Mint

@livemint

#MintPlainFacts | With inflation raging, grammage cuts by companies have become pervasive as a method to trim costs. For end consumers this means their bar of soap may run out sooner than expected or a ₹10 packet of chips isn’t as filling. Read here:

What is ‘shrinkflation’ and how is it playing out in In..

FMCG companies in India have lately adopted the tactic of cutting pack sizes, instead of direct price hikes, to tackle rising inflationary p..

mint

28/06/2022 10:46:42 AM     Share:

  Mint

@livemint

India’s non-bank financiers are experiencing slowing demand among certain segments of rural consumers, as the double whammy of high inflation and uneven post-pandemic recovery forces them to delay discretionary spending. (@shayanghosh123 reports)

Shadow banks see some decline in rural demand

Discretionary spending off the table amid high inflation, uneven post-covid recovery

mint

28/06/2022 10:45:00 AM     Share:

  Mint

@livemint

#MintPlainFacts | Meanwhile, retail inflation has also been hovering above the central bank’s comfort limit of 6% for five months now, and hit an eight-year high in April. This is prompting a shift in consumption patterns. Read more here:

What is ‘shrinkflation’ and how is it playing out in In..

FMCG companies in India have lately adopted the tactic of cutting pack sizes, instead of direct price hikes, to tackle rising inflationary p..

mint

28/06/2022 10:44:50 AM     Share:

  Mint

@livemint

#MintPlainFacts | This is a form of inflation that isn’t easily visible to you, the consumer. Yet it has been creeping into your consumption basket lately, one small cut at a time. Read more here:

What is ‘shrinkflation’ and how is it playing out in In..

FMCG companies in India have lately adopted the tactic of cutting pack sizes, instead of direct price hikes, to tackle rising inflationary p..

mint

28/06/2022 10:39:27 AM     Share:

  Mint

@livemint

#BajajAuto on Monday announced that its board has approved a plan to buy back shares worth as much as ₹2,500 crore from the open market. (@Alisha2494, @UjjvalJauhari report)

Bajaj Auto set to buy back shares worth up to ₹2,500 c..

The maximum offer price for the buyback of the shares will be capped at ₹4,600 per share

mint

28/06/2022 10:35:00 AM     Share:

  Mint

@livemint

Mahindra & Mahindra (M&M) on Monday launched the much awaited Scorpio N, priced at ₹11.99 -19.5 lakh (ex-showroom) in five variants across seven colors.

Mahindra Scorpio N launch a 'blockbuster': Brokerage bu..

Mahindra Scorpio N can become major volume driver for the company going forward, as per the brokerage

mint

28/06/2022 10:32:59 AM     Share:

  Mint

@livemint

The National Anti-profiteering Authority has found #IndiabullsRealEstate guilty of not passing on over ₹6.46 crore input tax credit benefits to homebuyers by commensurate reduction in prices post rollout of GST.

Indiabulls Real Estate guilty of profiteering ₹6.46 cr..

Indiabulls Real Estate has been found guilty of not passing on over ₹6.46 crore input tax credit benefit to homebuyers

mint

28/06/2022 10:27:45 AM     Share:

  Mint

@livemint

#StockMarkets | This comes in the wake of BoI filing a petition against FRL under section 7 to initiate corporate insolvency resolution process. Future Retail owes its creditors led by BoI more than Rs15,000 crore. (@writetopriyank2 reports)

NCLT reserves Future Retail order

Amazon alleged that 26 banks, including BoI, colluded with the Future Group to deny Amazon of its rights

mint

28/06/2022 10:15:00 AM     Share:

  Mint

@livemint

The court stated the case as unmeritorious and directed Adani Ports to pay ₹5 lakh to JNPA. (@writetopriyank2 reports)

HC rejects Adani plea against JNPA

This comes after Adani Ports had moved the court earlier in May. ‘We find no merit in the contentions urged on behalf of Adani Ports. Accord..

mint

28/06/2022 10:10:00 AM     Share:

  Mint

@livemint

#MintPremium | Interest rates are on the rise and investors in real estate stocks are on shaky ground. History suggests when interest rates are high, sales take a hit. (@imharshaj report)

The real estate sector is getting a reality check with ..

Interest rates are on the rise and investors in real estate stocks are on shaky ground. History suggests when interest rates are high, sales..

mint

28/06/2022 10:05:00 AM     Share:

  Mint

@livemint

#CompanyOutsider | ITC Has Ample Food for Growth Writes @Sundeepkk Read here: Subscribe to Company Outsider on

Company Outsider 💼 by Mint

A weekly newsletter that keeps track of the business of companies.

mint

28/06/2022 10:00:00 AM     Share:

  Mint

@livemint

#YesBank managed to convince the majority of #DishTV shareholders to prevent Jawahar Goel’s continuance as managing director on Friday. (@jaysh88, @GopikaGopa report)

Yes Bank to approach regulator over Goel’s tenure on Di..

Guarded by the company’s Articles of Association (AoA), Jawahar Goel continues as a non-executive director, catching Dish TV’s largest share..

mint

28/06/2022 09:10:00 AM     Share:

  Mint

@livemint

Why investors are worried about Zomato buying Blinkit

Blinkit buy: Gratification at big cost

Blinkit operates in a highly competitive sector, which would elongate the path to profits.Given the nascent stage of the sector, Blinkit its..

mint

28/06/2022 07:57:17 AM     Share:

  Mint

@livemint

Inflation impact: Wipro Consumer slashes ad spends, waits for commodity prices to rise

Wipro Consumer slashes ad spending as price rise bites

The company could step up advertising spends if commodity prices show signs of easing

mint

28/06/2022 07:57:01 AM     Share:

  Mint

@livemint

#Markets | Stocks in Asia look set for a soft start on Tuesday after a global bounce from a bear market stalled in the US amid a climb in crude oil prices and Treasury yields.

Asian markets: Stock rally falters despite higher treas..

Asian markets: Rallies in risk assets have proved fleeting as higher borrowing costs to fight inflation slows economic activity in a slew of..

mint

28/06/2022 07:45:00 AM     Share:

Refresh Every Expand all articles

Mint

@livemint

Breaking news and analyses of Indian and world business, economy and politics from Mint.

Followers: 2,044,389

Chat / Discussion

Alert