Abneesh Roy from Nuvama shares insights on the expected impact of the Union Budget on consumption. He is positive on Trent’s prospects in the retail sector. Roy discusses challenges in the QSR sector and highlights valuation comfort for companies like Swiggy. The outlook for FMCG and quick commerce is seen as promising, with a focus on e-commerce and discretionary spending.
Jane Street may take Singapore route to sort out India tax row
With the Income Tax (I-T) department questioning the tax benefits it had claimed, the Wall Street firm is understood to be working on initiating the