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Varun Beverages is betting big on growth amid rising competition
Stock Market

Varun Beverages is betting big on growth amid rising competition

Varun Beverages Ltd’s (VBL) strategy is clear: aim for double-digit volume growth in India, focus on international expansion, and strengthen the distribution network. Despite facing

PepsiCo India’s organic revenue growth was in double-digits in past five years
Business

PepsiCo India’s organic revenue growth was in double-digits in past five years

PepsiCo’s India business has witnessed a double-digit CAGR in terms of organic revenue over the past five years. The snacks and beverage major said it

Walmart reports record quarterly revenue but warns of slower sales growth
Finances

Walmart reports record quarterly revenue but warns of slower sales growth

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Walmart rang up record sales

Sectoral growth, technology, and global competitiveness to power India’s – trillion economic vision by 2047: Nasscom, Bain & Company Report
Business

Sectoral growth, technology, and global competitiveness to power India’s $23–$35 trillion economic vision by 2047: Nasscom, Bain & Company Report

India is set to transform into a high-income country with a projected GDP of $23–$35 trillion, driven by sustained annual growth of 8 per cent

Gold loans growing sharply as lenders shy away from unsecured loans, Muthoot Finance MD says
Business

Gold loans growing sharply as lenders shy away from unsecured loans, Muthoot Finance MD says

The sharp growth in lenders’ gold loan portfolio does not reflect stress on borrowers’ part, but lenders are shying away from growing their risky unsecured

Magellanic Cloud Q3 Results: PAT increases 19.6% growth to ₹29.2 cr 
Business

Magellanic Cloud Q3 Results: PAT increases 19.6% growth to ₹29.2 cr 

Magellanic Cloud Limited announced a 19.6 per cent quarter-on-quarter increase in profit after tax to ₹29.2 crore for Q3 FY25, up from ₹24.4 crore in

In FY26, auto-makers see low single-digit growth
Business

In FY26, auto-makers see low single-digit growth

Passenger vehicle (PV) makers including Maruti Suzuki India, Hyundai Motor India, Kia India, Tata Motors and Mahindra & Mahindra (M&M) have estimated market growth in

London registers zero house price growth for 2024
Finances

London registers zero house price growth for 2024

Stay informed with free updates Simply sign up to the UK house prices myFT Digest — delivered directly to your inbox. House prices in London

Smallcap, Midcap profit growth falters for second straight quarter; valuations still elevated despite market correction
Stock Market

Smallcap, Midcap profit growth falters for second straight quarter; valuations still elevated despite market correction

Small-cap and mid-cap (SMID) companies, which outpaced large caps in profitability for most of FY24, have now entered their second consecutive quarter of underperformance, according

ABB India sees threefold surge in data centre orders, eyes continued growth
Business

ABB India sees threefold surge in data centre orders, eyes continued growth

Large capacity additions in data centres by multinational corporations in India have led to a threefold jump in demand for ABB India’s electronic products during