Ananta Agarwal

1 week ago | today.westlaw.com | Shilpi Majumdar |Nivedita Bhattacharjee |Ananta Agarwal |Hritam Mukherjee

(Reuters) -U.S. private equity firm Carlyle Group has sold its entire 10.44% stake in India's PNB Housing Finance via block deals, according to an exchange filing on Friday. Carlyle was the second-largest shareholder in the non-banking finance company...

1 week ago | finance.yahoo.com | Ananta Agarwal

Unlock stock picks and a broker-level newsfeed that powers Wall Street. Ananta Agarwal Thu, May 1, 2025, 6:14 AM 2 min read By Ananta Agarwal (Reuters) -Indian online delivery player Eternal reported a nearly 78% drop in fourth-quarter profit on Thursday, as its fast-growing quick commerce arm Blinkit spent aggressively to open more stores and stave off intense competition.

1 week ago | ca.marketscreener.com | Ananta Agarwal

(Reuters) -Indian online delivery player Eternal reported a nearly 78% drop in fourth-quarter profit on Thursday, as its fast-growing quick commerce arm Blinkit spent aggressively to open more stores and stave off intense competition. Shares of Eternal, which officially changed its name from Zomato in March, had more than doubled in each of the last two years, partly fueled by optimism around Blinkit's success. But competition in India's quick commerce space is intensifying.

2 weeks ago | marketscreener.com | Ananta Agarwal |Shivani Tanna

(Reuters) -Indian apparel retailer Trent on Tuesday reported that its fourth-quarter adjusted profit more than doubled, helped by strong sales of its trendy designs and firmer operating margins. The Tata Group-owned company reported a consolidated profit of 3.18 billion rupees ($37.34 million) in the fourth quarter, compared to last year's profit of 1.28 billion rupees, which has been adjusted to exclude a one-time gain of 5.76 billion rupees.

2 weeks ago | marketscreener.com | Shivani Tanna |Ananta Agarwal |Praveen Paramasivam

(Reuters) -India's top consumer goods makers Hindustan Unilever (HUL) and Nestle India reported weaker fourth-quarter profits on Thursday, with HUL cutting its margin forecast amid high input costs and sluggish urban demand. A surge in the cost of living and slow wage raises in India have eroded urban consumers' purchasing power, forcing them to cut back on buying packaged goods and pressuring earnings of consumer goods makers already reeling from high input costs.