Unilever Plc’s Indian unit reported a 5.5% drop in net income for the first quarter, missing analyst estimates. Behind the decline was sluggish rural demand combined with high net-worth urban consumers pivoting to other brands. Similar trends can be seen elsewhere, with Chilean retailer Cencosud SA, restaurant chain operator Yum China Holdings Inc. and Swiss-South African jeweler Compagnie Financiere Richemont SA all delivering weaker-than-expected results.
Fund Manager Talk | FY26 earnings will grow by 12-13% after 5-6% downgrade: Srinivas Rao Ravuri
Srinivas Rao Ravuri, Chief Investment Officer at Bajaj Allianz Life Insurance, shares insights on equity markets, advising a long-term investment horizon amid global uncertainties. He
March 23, 2025