Shivani Tanna

Bangalore

Senior Correspondent at Reuters

Senior Correspondent, Global News Monitoring @Reuters. Ex- @CNBCTV18News. @ACJIndia alumna.

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Articles

India's IPO market loses steam on global market jitters

1 month ago | marketscreener.com | Vivek Kumar M |Shivani Tanna

(Reuters) -At least two initial public offerings worth $759 million are expected to be delayed, adding to a growing list of Indian companies deciding to postpone plans for initial public listings due to weak investment sentiment, investment bankers say.
India's IPO market loses steam on global market jitters

1 month ago | ca.marketscreener.com | Vivek Kumar M |Shivani Tanna

(Reuters) -At least two initial public offerings worth $759 million are expected to be delayed, adding to a growing list of Indian companies deciding to postpone plans for initial public listings due to weak investment sentiment, investment bankers say.
India's Jubilant pulls ahead of KFC, McDonald's as fourth-quarter earnings near

1 month ago | ca.marketscreener.com | Shivani Tanna |Praveen Paramasivam

(Reuters) - India's Jubilant FoodWorks' strong sales growth for the March quarter is set to outpace rivals whose franchisees are expected to report muted growth despite value-focused promotions, several analysts said. Operators of U.S. chains KFC, McDonald's and Burger King are likely to report a decline to mid-single-digit growth in same-store sales, as inflation-hit consumers cut back and local competition intensifies, according to six brokerages.
Japan's Rakuten to invest at least $100 million in India, increase hiring, top executive says

1 month ago | finance.yahoo.com | Shivani Tanna

Unlock stock picks and a broker-level newsfeed that powers Wall Street. Shivani Tanna Wed, Apr 30, 2025, 2:09 AM 2 min read In This Article: By Shivani Tanna (Reuters) -Japan's Rakuten aims to invest at least $100 million and increase its headcount by 8% in India this year to strengthen its global operations, a top executive of the internet conglomerate told Reuters.
Indian apparel retailer Trent's adjusted Q4 profit doubles on firm sales, margins

1 month 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.
Databricks to boost hiring, invest $250mln in India for AI expansion

1 month ago | zawya.com | Shivani Tanna

Data analytics firm Databricks said on Thursday it will ramp up hiring and invest more than $250 million in India, doubling down on the country's artificial intelligence talent pool and growing AI investments. The San Francisco-based company will increase its headcount by over 50% to more than 750 employees in India by the end of the fiscal year, it said in a statement.
Unilever, Nestle margins take a hit in India as costs, demand slowdown weigh

1 month 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.
Unilever's India arm posts quarterly profit miss as foods, skincare demand slows

1 month ago | marketscreener.com | Shivani Tanna |Praveen Paramasivam

(Reuters) -India's Hindustan Unilever reported fourth-quarter profit on Thursday that narrowly missed estimates, as rising expenses and weak urban demand for packaged food and affordable personal care products squeezed margins, sending shares down. The Indian unit of UK's Unilever, home to brands such as Pears bath soap and Surf Excel detergent, reported a standalone net profit of 24.93 billion rupees ($291.15 million) for the quarter ended March 31.
India's SBI Life quarterly profit flat, group insurance demand slows

1 month ago | today.westlaw.com | Shivani Tanna |Mrigank Dhaniwala

Profit rose 0.3% to 8.14 billion rupees ($95.5 million) for the quarter ended March 31 from 8.10...
India's HDFC Life reports quarterly profit jump on high group insurance demand

1 month ago | today.westlaw.com | Shivani Tanna |Mrigank Dhaniwala

(Reuters) - India's HDFC Life Insurance reported a 16% year-on-year rise in fourth-quarter profit on Thursday, on high demand for its group insurance offerings. The insurer said that its profit rose to 4.77 billion rupees ($56 million) for the three...