NPD
Dabur Q4 Results Preview: PAT seen to grow at 9% YoY to Rs 320 crore on domestic revenue growth
Dabur India is expected to unveil a net profit ranging between Rs 313 crore to Rs 341 crore for Q4FY24. The estimates for profit after tax (PAT) hover between Rs 313 crore to Rs 341 crore, with Axis Securities forecasting the highest figure and Anand Rathi predicting the lowest. The upcoming report will shed light on crucial aspects such as EBITDA margins, international business expansion, and enhancements in operating profit margins (OPM).
Nestle India March quarter results today: Shares climb ahead of announcement
Nestle India's shares climbed 1% to Rs 2,530 during Thursday's intraday trading on the BSE in anticipation of the company's fourth-quarter results, scheduled for later in the day. Analysts predict a 17% increase in net profit to Rs 867 crore for the quarter ending March 31, 2024, based on the average estimates of three brokerages.
Q4 results today: Bajaj Finance, Nestle, Tech Mahindra among 44 companies to announce earnings
44 companies, including Nifty50 components like Bajaj Finance, Nestle, and Tech Mahindra, will reveal their earnings. Bajaj Finance may see a 22% rise in net profit, while Nestle expects a 17% profit jump, and Tech Mahindra anticipates a challenging quarter ahead.
Nestlé India Earnings Preview: PAT growth seen at 17% YoY, revenue likely to jump 7%
Axis securities expects Nestle's revenue to go up by 8% YoY to Rs 5,197 crore led by price hikes, rural led distribution expansion and NPD. On the sequential basis, a 13.4% uptick is expected over Rs 4,584 crore reported in the October-December quarter.
Top Bar Cabinets Under 10000: Stylish Bar Cabinets on a Budget
Explore handpicked selection of 10 great bar cabinets under 10000, blending style and functionality without breaking the bank. From compact designs to spacious storage solutions, discover affordable options to elevate your home entertainment area. Whether you're a casual host or a connoisseur, find the perfect bar cabinet to suit your space and budget in this comprehensive guide.
Intel survived bid to halt millions in sales to China's Huawei
The push came from Intel rival Advanced Micro Devices, which argued it was unfair that it did not receive a license to sell similar chips to Huawei and from China hawks, who are seeking to stop all sales to the Chinese firm.
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Toy manufacturers' shift from China is no child's play as India, others struggle to match up
Toy manufacturers struggle to shift production from China due to surging costs. Hasbro approached Indian supplier Aequs to sub-contract toy manufacturing. Aequs now produces toys for Hasbro and others in India. However, India cannot match China's efficiency. Chinese ports' export struggles during the pandemic highlighted the risk of relying on China. Soaring labour costs in China have been driving manufacturers to diversify production geographically.
iD Fresh announces Rajat Diwaker as India CEO, Mustafa becomes Global CEO
Rajat comes with two decades of experience in the FMCG industry. In his last role, he served as the Managing Director of Marico Bangladesh. He is also a director on the board of Foreign Investors’ Chamber of Commerce and Industry (FICCI) Bangladesh, iD Fresh said in a statement.
Nestlé India Q3 preview: Sales growth, higher profitability to lift PAT by 20% YoY
The FMCG major’s gross margin and operating margin are likely to expand both YoY and sequentially, on the back of softer raw material prices, price hikes, and operating leverage benefits. Nestlé India is scheduled to release its earnings on Thursday.
Nestle Q2 Preview: PAT may rise 36% YoY on strong sales, margin show
Revenue from operations is likely to grow 16% on year to Rs 4,690 crore. In terms of key monitorables, analysts will keep an eye on margin trajectory from the management given that milk prices remain high
Exponent Energy appoints Ravi Kharul as president of new product development
Exponent Energy has raised $18 million so far from Lightspeed, YourNest VC, 3one4 Capital, AdvantEdge VC, Motherson Group and the family office of Dr. Pawan Munjal, chairman and CEO, Hero MotoCorp.
Gaming industry's fortunes fade as spending squeeze follows pandemic bump
The latest proof of that came on Tuesday from gaming platform Roblox whose revenue growth eased to just 30% from 83% two quarters ago.
Digital regulation: Main challenges and how India can deal with them
Experience and analysis show there are some overarching principles that can help navigate these choppy waters.
Gaming industry's fortunes fade as spending squeeze follows pandemic bump
US consumer spending on video games fell 11% in June and is expected to decline 8.7% this year, data from analytics firm NPD showed.
Experts call for defining non-personal data before making laws on it
Most experts who participated in a panel discussion by not-for-profit Consumer Unity & Trust Society (CUTS) International said that regulation of NPD when the definition of the term itself was still vague would be premature.
We need to allow for commercialization of data: Kris Gopalakrishnan
Since the legal framework around data is evolving, India must provide leadership to balance private and public interests and spur economic activity around data, Gopalakrishnan said.
Personal Data Protection Bill can seed uncertainty for businesses, reduce competitiveness
Scattered with open-ended definitions over critical data and data localization requirements, provisions under the current PDP Bill elevate uncertainty in companies’ business operations and reduce the competitiveness of Indian businesses.
Kris Gopalakrishnan panel calls for national NPD authority
Non-personal data is information that is stripped of personally identifiable material.
As shoppers rush back to stores after a year in pandemic, retailers such as Walmart, Macy's face new challenges
Many retailers are adding fresh new merchandise to welcome back shoppers.
Google shutters internal Stadia game studio
Google launched Stadia in November 2019 as a new type of video-game platform that operates without a console and that stores game-playing sessions in the cloud. It lets players jump across devices including phones, PCs and laptops.
Personal Data Protection Bill should not regulate non-personal data, says government panel
The panel said in the report that it would be appropriate to amend the provisions of the PDP Bill to ensure that it does not regulate non-personal data.
Stress-baking, gardening, prioritising oneself: Meaning of 'self-care' evolves as isolation creeps in
Virtual mental health services are booming, which is another form of self-care.
Yoga pants built a $48 billion industry that's replacing jeans
Yoga, first as an exercise and later as a cultural phenomenon (or cliché, depending on your cynicism), had yet to take hold.
REFILE-UPDATE 1-Soccer-Pie-eating Sutton goalkeeper quits club in tears
SOCCER-ENGLAND/PIE (CORRECTED, UPDATE 1, PIX):REFILE-UPDATE 1-Soccer-Pie-eating Sutton goalkeeper quits club in tears
Time for Leicester to forget about title miracle - Vardy
SOCCER-CHAMPIONS-SEV-LEI-VARDY:Time for Leicester to forget about title miracle - Vardy
Tech firms like LG, VTech & others turn to kids as adults fail to warm up to smartwatches
They’re betting that kids may be the ideal market for the gadgets, which can either keep tykes entertained or track their whereabouts.
Samsung, LG can gain in TV market due to poor performance by Japanese brands: Study
Samsung and LG can gain in TV market due to poor performance by the Japanese brands, says a study by NPD DisplaySearch.
Xbox 360 leads rebound in US videogame sales: NPD
Sagging US videogame industry revenue rebounded in November as buyers snatched up gesture-sensing control gadgets for Microsoft Xbox 360 consoles, NPD Group reported Thursday.
Google phones unseat BlackBerry as top sellers in US
NPD Group on Wednesday reported that smartphones running on Google-back Android software unseated BlackBerry devices.
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