- 11 Nov 2025 05:52 PM
- New
Berry’s quick exit puts Britannia investors in a very tough spot
Shares of Britannia Industries Ltd plunged as much as 6.7% on Tuesday after the board accepted Varun Berry’s resignation and relieved him from his position as vice-chairman, managing director and chief executive officer with immediate effect on 10 November. The board appointed Rakshit Hargave as managing director and chief executive officer from 15 December.
Read More
- 11 Nov 2025 05:46 PM
- New
EVs are losing ground to ICE vehicles on affordability—But it's not too late to change gears
Automobile sales have been robust in October, reducing the inventory levels with automobile dealers from nearly two months’ stock to 53-55 days, according to the Federation of Automobile Dealers’ Association of India (FADA).
Read More
- 11 Nov 2025 05:40 PM
- New
Festive demand, GST cuts perk up consumption in Oct, Q3 looks 'sunny': SBI Caps
In October, India's economy showed signs of recovery with a 41% increase in vehicle sales and record digital transactions. SBI Capital Markets projects nominal GDP growth at 8.5%, driven by robust domestic demand and festive spending despite global economic challenges.
Read More
- 10 Nov 2025 05:25 PM
Retail inflation likely to hit record low of 0.3% in October on falling food prices, base effect and GST cuts: Mint poll
India’s retail inflation likely hit a record low of 0.3% in October, driven by continued food deflation, the statistical effect of a favourable base, and the impact of goods and services tax (GST) cuts, according to a Mint poll of 16 economists.
Read More
- 10 Nov 2025 05:19 PM
Strong exports boost Bajaj Auto in Q2FY26 but muted domestic volumes weigh on the stock
The Bajaj Auto Ltd stock is down 12% from a year ago at a time the Nifty Auto rose 12%.
Read More
- 10 Nov 2025 05:28 PM
Mint Explainer | How India's FMCG companies navigated sales after structural GST changes
New Delhi: India’s fast-moving consumer goods sector navigated a challenging second quarter as the implementation of new goods and services tax rates on 22 September disrupted trade channels and led to temporary moderation in sales across key categories such as personal care, oral care, foods and beverages.
Read More
- 08 Nov 2025 05:21 PM
GST cuts, festive rush fuel ICE surge, leave EVs trailing
New Delhi: There’s an interesting twist in this story, though perhaps not entirely unexpected. As buyers thronged showrooms in October in the thousands to snap up petrol and diesel cars after steep GST (goods and services tax) cuts, electric vehicles—which didn’t get a tax break—ended up as an inadvertent casualty.
Read More
- 07 Nov 2025 06:00 PM
Brokers seeking a zero-rated GST for insurance to reclaim input tax credit
Mumbai: After the insurance industry lost input tax credit benefits from the recent goods and services tax (GST) exemption, the sector's intermediaries are drumming up support for a ‘zero-rate’ tax structure that could ease insurers' costs, stem their own commission cuts as also any looming premium hikes. Yet, the industry is divided on the prospects as the proposal may struggle to take off, given the sweeping policy changes it would entail.
Read More
- 07 Nov 2025 06:05 PM
LIC hopes it can off-set GST hit by managing expenses, selling more policies
Source: https://www.livemint.com/companies/lic-gst-impact-insurance-policies-premiums-11762505355077.html
While some private insurers are reconsidering commission payouts to offset the loss of input tax credit, LIC said it will pass the full benefit to customers through premiums and will not shift any GST burden onto intermediaries.
Read More
- 06 Nov 2025 05:42 PM
Post Ecom Express deal, Delhivery ditches discounts to boost margins
Delhivery seeks to boost profit margins after acquiring Ecom Express, reducing the need for heavy discounts. The company reported a 16.3% revenue increase, while logging a net loss of ₹51 crore. Its express parcel volumes rose 32% year-on-year in the September quarter.
Read More