Mumbai, April 8 (IANS) Future Consumer Limited has defaulted on loan repayments worth Rs 615.67 crore, including both principal and interest, as of March-end 2026, according to a regulatory filing by the company.The company, which is the FMCG arm of the debt-laden Future Group, reported defaults of Rs 325.26 crore on loans and revolving credit facilities taken from banks and financial institutions.These defaults include both overdue principal and interest payments as of March 31, 2026.In additio…
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New Delhi, April 5 (IANS) India is increasingly emerging as a new stable core in a volatile global environment, even as geopolitical tensions and energy shocks continue to rattle financial markets, according to the latest monthly note by Quant Mutual Fund.The fund house, led by Sandeep Tandon, highlighted that recent military actions involving the United States and Israel against Iran triggered a broad-based correction in global equities. Key indices such as the S&P 500, Nifty 50, Nikkei 225…
New Delhi, April 1 (IANS) India’s industrial and warehousing sector recorded absorption of 18.5 million square feet in Q1 2026, marking a robust growth of 15.6 per cent year‑on‑year, a report said on Wednesday.The report from Savills India said that growth was led by the manufacturing segment, while Pune made a notable leap to become the second-largest contributor to overall absorption.Manufacturing accounted for 35 per cent of absorption (about 6.5 million square feet), up from 30 per cen…
Mumbai, March 30 (IANS) Domestic benchmark indices opened sharply lower on Monday, declining over 1 per cent each amid escalating tensions in West Asia, which entered the fifth week.Sensex opened at 72,565, down over 1,000 points or 1.38 per cent, while Nifty started Monday’s session at 22,549, slipping 267 points or around 1 per cent.Sector-wise, market witnessed widespread selling pressure, with all sectoral indices trading in the red. PSU bank and chemical stocks led the losses, falling nea…
Mumbai, March 21 (IANS) The Industrial and warehousing inventory stock across eight primary markets in the country has crossed half a billion square feet, a report showed on Saturday.The stock of industrial and warehousing stands at 0.549 billion sq ft (549 million sq ft), as of December 31. The industrial and warehousing stock has expanded by 13 per cent from 486 mn sq ft in 2024, according to a Knight Frank India report.The report stated that the eight cities collectively hold 256 mn sq ft of …
New Delhi, March 10 (IANS) India’s deal activity remained resilient in February, recording 278 transactions worth $5.4 billion — up 34 per cent sequentially in terms of volumes, a report said on Tuesday.The report from Grant Thornton Bharat said the surge was led by private equity and venture capital participation, which recorded 169 deals worth $2.8 billion, the highest monthly deal count in four years.”While overall deal values saw only a modest recovery, the surge in volumes signals renewed …
Mumbai, March 6 (IANS) The Indian equity markets saw sharp losses on Friday, amid the ongoing US–Israel and Iran war which entered seventh day.At the closing bell, Sensex declined 1,097 points, or 1.37 per cent to settle at 78,918. Nifty dipped 315 points, or 1.27 per cent, to close at 24,450. Nifty bank experienced tremendous pressure tanking 2.15 per cent to settle at 57,783.The broader markets performed in line with the benchmark indices, as Nifty Midcap 100 index lost 0.63 per cent, while …
Mumbai, March 5 (IANS) The Indian equity markets gained moderately in early trade on Thursday, tracking gains in Asian peers despite rising tensions in the Middle East.As of 9.30 am, Sensex gained 246 points, or 0.31 per cent, to reach 79,362 and Nifty added 84 points, or 0.35 per cent, at 24,565.Main broad-cap indices performed in line with the benchmark indices, as the Nifty Midcap 100 added 1.02 per cent, and the Nifty Smallcap 100 gained 1.11 per cent.All sectoral indices traded in green exc…
New Delhi, Feb 23 (IANS) Around 70 per cent of jobs in India are hosted in non‑metro India, with Tier‑3 cities alone accounting for 40 per cent of employment and Tier‑2 hubs a further 29 per cent compared with 31 per cent in Tier‑1 cities, a report said on Monday.The staffing firm Quess Corp said in the report that The BFSI & Manufacturing sectors contribute to over 45 per cent of workforce from Tier 3 towns, while retail contributes 33 per cent.These opportunities are concentrated a…
New Delhi, Feb 23 (IANS) India Inc.’s earnings momentum remained resilient in Q3 FY26, with small‑cap companies posting the strongest growth, a report said on Monday.The report from Equirus Securities said small caps delivered a robust 22 per cent year‑on‑year earnings surge, outpacing mid‑caps at 15 per cent and large caps at 14 per cent, signalling a broadening of the corporate earnings recovery.Revenue grew 10 per cent YoY, while EBITDA and PAT rose 14 per cent and 15 per cent respe…