Wells Fargo has sold ITC shares worth Rs 106 crore through an open market transaction, influencing ITC’s stock focus. Despite a drop in consolidated net profit for the December quarter, ITC’s revenue from operations rose by 9.05% year-over-year.
QSR chains face margin pressure, not demand shock: Karan Taurani on fuel and LPG impact
Rising fuel and LPG prices are impacting India’s consumption landscape unevenly. While some sectors like QSR face margin compression due to high LPG dependence, others