Shivani Tanna

1 week 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.

2 weeks 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.

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.

3 weeks 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.

3 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.