Unilever Consumer Care secured a 11.15 per cent year-on-year profit growth in the January-March period this year, despite a fall in revenue. In an earnings disclosure, the company said it had cut operating expenses by 34.42 per cent in the three months to March, compared to the same period a year
India's Godrej family has decided to restructure its shareholding in the conglomerate to operate as two entities, Godrej Enterprises and Godrej Industries, according to a filing late on Tuesday. The realignment will be implemented after the relevant regulatory approvals have been obtained, after w
Mastercard MA.N reported first-quarter profit that exceeded Wall Street expectations on Wednesday, on higher card spending by US consumers despite rising borrowing costs and persistent inflation. Payments firms have benefited from wage growth and a tight labor market that has afforded jo
Private equity firm KKR & Co Inc said on Wednesday its first-quarter adjusted net income jumped 20 per cent year-on-year, driven by strong management and transaction fees as well as earnings from its annuities business. KKR's adjusted net income rose to $863.7 million from $719.3 million a year ea
India's Adani Wilmar forecast double-digit percentage growth in fourth-quarter edible oil sales on Friday, driven by strong demand during the festive season in the world's biggest importer, reports Reuters. The consumer goods maker said it bagged strong growth in both its edible oils and foods bus
