Mumbai, June 8 (IANS) India’s industrial and warehousing real estate market recorded gross absorption of 18.3 million square feet in the first quarter of 2026, with manufacturing accounting for 28 per cent of total activity, a report said on Monday.The sector maintained strong momentum in the first quarter (January-March), with total cumulative stock reaching 514 million sq ft across eight major cities, according to data released by JLL. The market is firmly positioned to reach approximately 8…
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New Delhi, June 3 (IANS) India’s diversity hiring grew 21 per cent year-on-year in May 2026, reflecting sustained employer commitment to inclusive workforce strategies, a report said on Wednesday.The overall white-collar hiring moderated in May 2026, easing 4 per cent year-on-year and 6 per cent sequentially, the report from jobs platform foundit said.Women accounted for 56 per cent of all diversity-focused recruitment, while persons with disabilities (PwD) representation tripled over two year…
New Delhi, June 2 (IANS) White-collar hiring remained stable in May 2026 in India, as the insurance sector continued to lead with a over 19 per cent year-on-year (YoY) growth followed by BPO/ITES at over 9 per cent, a report said on Tuesday.The report from jobs portal Naukri said that healthcare at over 6 per cent and hospitality at over 5 per cent were other top growing sectors. Its Naukri JobSpeak Index touched 2836 in May 2026, marginally higher than the 2807 mark recorded in the same month l…
Mumbai, June 1 (IANS) Strong buying by domestic institutional investors (DIIs) helped cushion the market decline on Monday even as foreign institutional investors (FIIs) continued to remain net sellers in Indian equities.According to exchange data, FIIs/FPIs net sold shares worth Rs 3,912 crore during the session, while DIIs net purchased equities worth Rs 5,109 crore.The continued support from domestic investors came after FIIs recorded massive selling of Rs 21,106 crore on May 29, marking thei…
Mumbai, June 1 (IANS) Benchmark equity indices ended sharply lower on Monday, dragged down by losses in FMCG, PSU banking, auto and realty stocks, even as investors monitored developments surrounding a potential diplomatic breakthrough between the United States and Iran.The Nifty settled at 23,382.60, declining 165.15 points, or 0.7 per cent, while the Sensex fell 508.40 points, or 0.68 per cent, to close at 74,267.34.Commenting on Nifty technical outlook, experts said that the 23,500 level is l…
Mumbai, June 1 (IANS) Indian equity benchmarks started the month on a strong note on Monday, trading higher in early deals despite elevated oil prices and ongoing geopolitical tensions, with both indices gaining almost 1 per cent.Sensex rose nearly 600 points or 0.8 per cent to hit an intraday high of 75,367, while Nifty climbed 185 points or 0.78 per cent to trade at 23,733.Sectoral trends remained largely positive, led by IT stocks. Nifty IT emerged as the top sectoral gainer, rising around 2 …
Mumbai, May 28 (IANS) Procter and Gamble Hygiene and Health Care Limited on Thursday reported a 2 per cent decline in net profit for the fourth quarter of fiscal 2026 (Q4 FY26).The company posted a consolidated net profit of Rs 153 crore in the January-March quarter, compared to Rs 156 crore reported in the corresponding quarter of the previous financial year (Q4 FY25), according to its stock exchange filing.Revenue from operations declined 5.1 per cent year-on-year to Rs 941 crore during the qu…
New Delhi, May 26 (IANS) The upcoming monsoon will directly influence India’s FY27 macroeconomic outlook, with the India Meteorological Department forecasting rainfall at 92 per cent of the long-period average, classified as below normal, a report said on Tuesday.The report from investment platform smallcase said that below normal rainfall raises concerns over food inflation, rural demand recovery and interest‑rate trajectories in upcoming quarters.It further highlighted that stable rainfall…
New Delhi, May 21 (IANS) Leading FMCG company Emami on Thursday reported an 11.7 per cent year-on-year (YoY) decline in consolidated net profit for the fourth quarter of financial year 2026 (Q4 FY26), as unfavourable seasonal conditions and geopolitical disruptions in West Asia impacted business performance.The company posted a consolidated net profit of Rs 143.18 crore for the quarter ended March 31, 2026, compared with Rs 162.17 crore in the corresponding period of the previous financial year …
Mumbai, May 21 (IANS) FMCG major ITC on Thursday reported a sharp 72.4 per cent year-on-year (YoY) decline in consolidated net profit for the fourth quarter of financial year 2026 (Q4 FY26), mainly due to a high base effect from a one-time gain recorded in the corresponding period last financial year.The company posted a consolidated profit of Rs 5,469.74 crore for the quarter ended March 2026, compared with Rs 19,807.88 crore reported in the same quarter of the previous financial year (Q4 FY25)…