Business

New Delhi: India’s soap market has witnessed a major shake-up. Wipro Consumer Care and Lighting (WCCL) claims that its flagship soap brand Santoor has now become the largest soap brand in the country, surpassing Hindustan Unilever’s Lifebuoy. According to WCCL, Santoor generated ₹2,850 crore in revenue in 2025, edging past Lifebuoy, while Lux continues to hold the third spot. However, exact brand-wise revenue figures are not mandatory for companies to disclose, making independent verification challenging. Market Share DataA report by The Times of India cited WCCL’s statement that the company gathered data from multiple sources and is confident about its leading position. WCCL CEO Vineet Agarwal said, “There is a significant gap between us and Lifebuoy.” According to AC Nielsen data f...

Traveling internationally often involves connecting flights, and missing one can be stressful. Even a small delay at the first airport can disrupt your entire travel plan. Here’s what travelers need to know to manage such situations. If All Flights Are on a Single Ticket (PNR) When all legs of your journey are booked under the same PNR, the airline is generally responsible for rebooking you on the next available flight to your destination. This holds true even if the flights are operated by different airlines. Typically, no additional payment is required. What to Do: Immediately visit the airline’s help desk or transfer desk at the airport. Airline staff will check your booking and provide the next steps. Some airlines may offer meal vouchers or overnight hotel accommoda...

Gold and silver prices continue their remarkable rally, reaching record levels not seen in decades. Gold has risen 70% this year, while silver has jumped nearly 140%, marking their best performance in years. Record-Breaking Prices In Asian markets, following global record-breaking trends, precious metals hit new highs. On the MCX, gold for the February 5 delivery opened at ₹1,38,166 per 10 grams, rising as high as ₹1,38,676 in early trading. By 11:00 AM, it was trading at ₹1,38,509, up ₹624 (0.45%). Silver for March 5 delivery surged by ₹3,651, trading at ₹2,23,304, reaching an intraday high of ₹2,23,887. Meanwhile, copper prices crossed $12,000 per ton for the first time. International Impact Globally, gold touched $4,500 per ounce, a historic first. Silver also reached an ...

In the wake of massive flight cancellations by India’s largest airline, IndiGo, the government is taking steps to ensure passengers have more options. Recently, the Ministry of Civil Aviation fast-tracked the issuance of No Objection Certificates (NOC) to two new airlines, allowing them to operate in India’s skies. IndiGo’s Recent Crisis IndiGo currently commands about 65% of the domestic market share. However, thousands of its flights were recently cancelled, causing significant inconvenience to travelers. Learning from this, the government has expedited approvals for new players to enter the market, aiming to expand India’s aviation ecosystem beyond the dominance of IndiGo and Air India. New Airlines Cleared Union Aviation Minister Ram Mohan Naidu announced that over the past...

Once the pride of Pakistan, Pakistan International Airlines (PIA) has been sold in what is being hailed as the largest deal in the country’s history. The airline has been acquired by a consortium led by Arif Habib Investment Firm, known for buying stakes in government-owned companies. The firm’s founder, Arif Habib, has roots in Junagadh, Gujarat, India, before his family relocated to Pakistan after Partition. The Sale Details The PIA transaction was completed at PKR 135 billion (approximately ₹4,300 crore). The consortium will initially acquire 75% of PIA’s shares, with the remaining 25% to be purchased within 90 days. Of the proceeds, 92.5% will be invested in improving the airline, while the remaining 7.5% will go to the government. Additionally, Arif Habib is committed to investi...

India is often called the pharmacy of the world, supplying medicines globally. However, most of its raw materials come from China. Recently, China has significantly reduced the prices of chemicals used in drug manufacturing. This has sparked speculation that medicine prices in India could decrease soon. Sharp Drop in API Prices Active Pharmaceutical Ingredients (APIs) and intermediates from China have seen massive price cuts. Industry experts suggest that lower API costs will reduce manufacturing expenses, potentially bringing down prices for generic drugs. Sources reveal that over the past few months, API prices in China have dropped by 35–40%, and this trend may continue. Some notable price declines include: Paracetamol API: From ₹900/kg during the pandemic to ₹250/kg Amo...

For investors looking to diversify beyond large-cap stocks while keeping risk moderate, the Nifty Next 50 Index Fund emerges as a promising option. Experts note that this index is currently cheaper than the Nifty 50, and its constituent companies are witnessing rapid profit growth. Over the past three years, it has outperformed the Nifty 50, making it an attractive choice for long-term investors. Performance Snapshot 1-Year Return: Nifty Next 50 fell 2.27%, while Nifty 50 gained 9.6%. 3-Year Return: Nifty Next 50 delivered an impressive 17.1%, surpassing Nifty 50’s 13.4%. Valuation Overview The PE ratio of Nifty Next 50 is 20.66, significantly below its 5-year average of 26.01. For comparison, Nifty 50 trades at a PE of 22.64, making Nifty Next 50 a more affordable alterna...

As 2025 draws to a close, several critical financial deadlines are fast approaching. Key tasks include filing delayed income tax returns (ITR), linking PAN with Aadhaar, and taking action on National Pension System (NPS) investments. Missing these deadlines could lead to penalties, loss of benefits, and complications in financial transactions. 1. NPS Alert: Scheme A to Merge Many NPS investors forget to manage their accounts, prompting the Pension Fund Regulatory and Development Authority (PFRDA) to issue a notice. Scheme A, which had a small corpus and limited investment options including REITs, InvITs, AIFs, and structured debt instruments, will now be merged into Scheme C (Corporate Debt) and Scheme E (Equity). This consolidation aims to offer higher returns with lower risk. In...

Odisha’s Himanshu Sekhar Panda started an edtech venture with just ₹30,000 and has transformed it into a company generating ₹10 crore in annual revenue. Founded in 2018, Skyy Skill Academy aims to bridge the skill gap among Indian youth and has trained over 2 lakh students in modern fields such as EV technology, AI, and robotics. Leaving a Corporate Career Behind Hailing from Mayurbhanj, Odisha, Himanshu grew up in a family of a government employee father and a teacher mother. Bright and academically inclined, his passion lay in mentoring and training. After completing college, he joined a corporate job with a lucrative package earning ₹7–8 lakh annually. However, the entrepreneurial dream kept calling him. To leave his contractual corporate job, Himanshu had to pay ₹3 lakh as bon...

Market Overview:Dalal Street witnessed a pause in its recent bullish momentum on Tuesday. Both key indices closed largely unchanged amid a volatile session. The BSE Sensex slipped 42.64 points (0.05%) to close at 85,524.84, while the NSE Nifty 50 edged higher by 4.75 points (0.02%) to end at 26,177.15. Profit-booking in IT and pharmaceutical stocks contributed to the mild slowdown. During the session, Sensex hit an intraday high of 85,704.93 and a low of 85,342.99. The Nifty 50 saw marginal gains despite fluctuations, reflecting cautious investor sentiment. Top Movers – Sensex Stocks:On the losing side, Infosys, Bharti Airtel, Adani Ports, Sun Pharma, Tech Mahindra, ITC, Axis Bank, and Maruti witnessed declines. Meanwhile, gainers included ITC, UltraTech Cement, Tata Steel, and HDFC ...