- HCLTech sees muted FY27 after fastest growth in three years April 21, 2026India's third-largest IT services company clocked 5.95% year-on-year growth in consolidated revenue to $14.66 billion, beating a Bloomberg estimate of $14.1 billion by 45 analysts. However, net profit fell 4.05% y-o-y to $1.96 billion, compared to a rise of 7.6% in FY25.
- Amazon coerced Levi's, Hanes, big brands to inflate product prices on rival retail websites: Antitrust lawsuit filing April 21, 2026The filing is part of the 2022 antitrust lawsuit, which alleged that Amazon artificially inflated the cost of products to shield its profit margins.
- Nestlé India Q4: Volume boost drives best sales growth in a decade; profit jumps 26% April 21, 2026Nestlé India reported a net profit of ₹1,114 crore. Revenue climbed 22.6% to ₹6,747.7 crore. The company focuses on consumer-centric growth and expanding its rural market reach.
- FedEx conducts India's first intra-city drone delivery trials in Bengaluru April 21, 2026FedEx successfully completed India's first intra-city drone delivery trials in Bengaluru, demonstrating significant efficiency by reducing a typical 53-km ground trip to a 39-42 km drone flight in 21 minutes.
- Denim, not discounts: Why Ace Turtle is moving up the value chain April 21, 2026Ace Turtle is shifting away from the value denim segment to focus on premium brands such as Lee and G-Star. It expects 25% revenue growth this fiscal, driven by expansion in tier-II and -III cities, while investing in AI to improve operational efficiency.
- WTO accepts request of India, Taipei to defer ICT import duty dispute ruling until Oct 2026 April 21, 2026India and Taiwan have secured a delay in a WTO ruling on India's import duties for certain IT products. The decision is now postponed until October 2026. Both nations are actively engaged in discussions to find a mutual resolution to this trade dispute. This marks the ninth such deferral requested by the parties involved.
- Seafood exports up 11.2% in 2025-26 April 21, 2026India’s seafood exports rose 11.2% to $8.28 billion in 2025–26, driven by strong demand from China, the EU and Southeast Asia. Frozen shrimp led earnings. Despite a decline in US shipments, gains in alternative markets offset losses. Export volumes hit 19.32 lakh tonnes, with key ports handling most shipments.
- Govt extends interest subvention benefit to micro, small exporters of certain iron, steel goods April 21, 2026Indian government offers interest subvention to small and micro iron and steel exporters. This support aims to aid the trading community facing global uncertainties. Medium sector units are excluded. Additionally, export curbs are placed on specific Baryte grades due to the West Asia crisis.
- India to attract major share of EQT's $15.6-billion Asia fund: EQT India head April 21, 2026EQT expects India to remain a top capital destination in its new Asia fund, with roughly one-third allocation historically. The firm sees strong buyout opportunities driven by promoter exits, especially in healthcare and services. With co-investments boosting capital, EQT targets high returns, backed by India’s growth and expanding control deal pipeline. […]
- Kisan Credit Card alone is insufficient for modern, high-value agriculture: Shivraj Singh Chouhan April 21, 2026Shivraj Singh Chouhan stressed the need for technology, stronger rural banking, and integrated farming to boost smallholder incomes.
Unable to display feed at this time.