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India Inc cheers continuity at the Centre, but rues fragility

Indian industry leaders express confidence in the economy s resilience despite the NDA-BJP government s unexpected outcome without an absolute majority. They anticipate policy continuity but caution about potential hurdles due to a stronger opposition and diverse political ideologies. The focus may shift to consumption, welfare schemes, and rural sectors. Stability is crucial for reforms, but the BJP s shortfall could complicate passing contentious reforms. However, the economy s growth agenda is expected to continue, with an emphasis on inclusivity and job creation.

Nestle India shareholders reject proposal to hike royalty payment to parent

Shareholders reject Nestle India's proposal to increase royalty payments, showing importance of shareholder concerns in corporate decisions.

Nestle India shareholders vote against increase in royalty to Swiss parent, ET Retail

Shareholders of Nestle India Ltd have turned down the company s proposal to raise the royalty payout to its Swiss parent. The resolution did not pass, with 57% of its shareholders voting against the plan, the packaged foods maker said in a stock exchange filing on Friday. The proposal was to increase the royalty by 0.15% of sales for each year over a duration of five years.

FMCG, auto companies break the jinx as rural growth rises above urban, ET Auto

FMCG, auto companies break the jinx as rural growth rises above urban, ET Auto
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

FMCG, auto companies break the jinx as rural growth rises above urban

FMCG, auto companies break the jinx as rural growth rises above urban
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

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