Companies found it difficult to fully pass on the impact of an effectively higher cost base to consumers amid intense competition to tap pent-up demand. While the December quarter may show a similar year-on-year trend, analysts expect the sequential trend to improve amid softening commodity prices.
Tata Sons boardroom battle intensifies but Tata Group stocks remain unbothered. Should you buy?
Tata Sons has rejected Noel Tata’s objections to N Chandrasekaran’s reappointment, saying the board’s decision was valid and made in accordance with the company’s Articles