Tata Consumer, HUL tighten tea sourcing over pesticide residue norms
India’s two largest packaged tea companies, Tata Consumer Products and Hindustan Unilever (HUL), have tightened their tea procurement standards by…
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Category: Companies & Business
News on major companies, retail and consumer brands.
HUL Q1 FY27 Revenue Climbs 10% to ₹17,149 Crore, Profit Falls 3%
Hindustan Unilever Limited (HUL) reported a mixed performance for the first quarter of FY2027, with revenue rising 10% year-on-year to…
iPhone 17 prices in India may rise by up to 14%
Key takeaways A report says Apple may raise new iPhone prices in India by as much as 14%. Apple has…
Stablecoin Market Shrinks: Why Volumes Matter Most
Key takeaways The stablecoin market has reportedly fallen for the first time in four years. A lower total value does…
Tencent AI spending slows as profit streak reaches 12
Key takeaways Tencent said profits rose for a 12th straight quarter. The company is taking a more careful approach to…
India iPhone Shipments Fall for First Time in Nearly 4 Years
Key takeaways Apple’s iPhone sales volume in India fell year on year during the latest quarter. It was the first…
Alibaba AI Revenue Target Sets $4.4B Goal for 2026
Key takeaways Alibaba reportedly aims to generate $4.4 billion from AI work by 2026. The goal depends heavily on Alibaba…
Quick Commerce Profits Slow as Flipkart, Amazon Add Stores
Key takeaways Flipkart and Amazon are expanding local dark-store networks for faster deliveries. Dark stores are small warehouses that serve…
Venezuela Oil Sales Top $13B, Trump Says
Key takeaways President Donald Trump said the United States has sold more than $13 billion of Venezuelan oil. He did…
Amazon Satellite Network Seeks OK for 5,105 Phone Satellites
Key takeaways Amazon has asked US regulators to approve 5,105 satellites for direct phone links. The proposed service could connect…