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Nestle says will pay royalty at current rate of 4.5%

Sensex, Nifty scale fresh peaks as inflation cools off

Equity benchmark indices Sensex and Nifty hit their fresh record levels on Thursday after lower inflation numbers raised hopes of an interest rate cut by the RBI. Besides, heavy buying in capital goods, consumer durable and industrial stocks also helped the indices, traders said. Retail inflation

FMCG firms shift to liquid soaps, detergents as buyers go premium

Hocco funding: Ice cream brand Hocco secures Rs 100 crore, valuation hits Rs 600 crore

Ahmedabad s Hocco has secured fresh funding of Rs 100 crore (approximately $12 million). Led by the founding Chona family and existing investor Sauce VC, the round valued Hocco at Rs 600 crore. The deal also attracted angel investors like Bollywood filmmakers Ritesh Sidhwani and Farhan Akhtar. The company projects revenue to reach Rs 200 crore by March 2025.

As power gears shift at the Centre, can markets learn to love populism and stop worrying?

With BJPs poor electoral performance, a realignment of central government expenditure is possible to reflect the ground realities and demands of coalition partners. From the stock market s point of view, while a boost in rural spending will not be outrightly negative but there can be sectoral rotation.