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Bata Q3 results: Bata reports a 31% fall in net profit, owing to muted demands

Gunjan Shah, MD and CEO of Bata India Limited, said, “Despite persistent market headwinds accentuated in discretionary spending, we continued to invest in new product launches, enhancing customer experience and expanding our reach across channels & markets.”

New-delhi , Delhi , India , Gunjan-shah , Bata-india-ltd , Bata-india , Bata-india-limited , Bata-q3-results , Income , Product , Markets , Bse

Volatility: Wait for Voltas to consolidate; VIP Industries could be a turnaround play: Sandip Sabharwal

Sandip Sabharwal doesn't anticipate big bang announcements in the interim budget, but expects statements of intent regarding taxes. The fiscal deficit figures till December look strong, giving the government leverage for social spending and capex. The increase in demat accounts indicates a long-term bullish stance, driven by IPOs and sustained market performance. The market construct is puzzling, with largecaps and smallcaps moving in different directions. Sandip expects consolidation and correction globally, leading to a correction in India.

India , Dilip-piramal , Nirmala-sitharaman , Sandip-sabharwal , Nifty-bank , Finance-minister-nirmala-sitharaman , Might-also-like , Starting-january , Volatility , Vip-industries , Voltas , Turnaround-play

Cele sends top team to end Eastern Cape taxi killings

Police minister Bheki Cele has appointed two high-ranking officials to form a team to investigate taxi violence in Port St Johns amid allegations that government officials and police were themselves involved in the taxi industry, while Eastern Cape premier Oscar Mabuyane has appealed to the president to deploy the military.

Oscar-mabuyane , Bheki-cele , Eastern-cape , Port-st-johns , Comment-policy , Taxi-violence , Team , Sindisiwe-chikunga , Shadrack-sibiya , Uncedo , Lusikisiki

Taxi associations fined after Port St Johns violence and blockades

Taxi associations associated with violence and blockades on the R61 between Port St Johns and Lusikisiki have each been fined R700,000, and must cough up R200,000 within five days. The remaining R500,000 is suspended.

Lusikisiki , Eastern-cape , South-africa , Port-st-johns , Comment-policy , Mpanda , Organisations , Taxi-associations , Violence , Fuzile-mtshengele , Songezo-mpanda

Warring taxi groups seeking end to bloodshed

The leaders of the two feuding taxi associations in the Port St Johns area are seeking to end a bloodbath which erupted two weeks ago. A deadly encounter saw six people shot dead and others, including a child, wounded. Six vehicles were torched.

Port-st-johns , Comment-policy , Area , Police , Songezo-mpanda , Majola-nkohli , Fuzile-teacher-mtshengele , Uncedo , Mpanda , Bata , Border-alliance-taxi-association

Three die as renewed taxi violence flares up

Taxi violence is again rearing its ugly head in the Eastern Cape with at least three taxi bosses and drivers killed and one hospitalised in a critical condition on Wednesday on the R61 near Port St Johns.The year 2023 was one of the bloodiest, with more than 20 taxi bosses killed in a few months in Ngqamakhwe, Butterworth, Centane, Willowvale, Dutywa, Elliotdale, and Mthatha since July 18.

Lulamile-feni , Eastern-cape , Port-st-johns , Comment-policy , Association , Taxi-violence , Songezo-mpanda , Priscilla-naidu , Bata , Nomvuzo-mlombile-cingo , Mpanda

Influencer boxing matches: Influencer boxing matches in 2024: Full list of fights in January

Logan Paul, Jake Paul, Deji, and KSI's influencer boxing matches will be back in 2024. We have made a list

Disclaimer-statement , Economic-times , Influencer-boxing-matches , January-boxing-matches , Logan-paul , Jake-paul , Deji , Ksi , Influencer-boxing , Bata ,

Metro Brands sprints ahead of peers, but premiumization is key

Metro caters to the premium portfolio in the footwear segment, where the consumers are less price sensitive. Products with price range above ₹3,001 contributed 48% to Metro’s revenue in the first half of FY24.

India , Bloomberg , Bureau-of-indian-standards , Zudio-is-trent-ltd , Metro-brands-ltd , Foot-locker , Metro-brands , Kotak-institutional-equities , Trent-ltd , Indian-standards , Relaxo

men's footwear: From toehold to a 'shoe'-in, men's footwear is going places

While premium brands are doing well in apparel, the growth in shoes is very steep and has great future potential, said Lacoste India managing director Rajesh Jain. "Sales of sports shoes and sneakers have picked up in line with the increase in demand for casual fashion. It's a global phenomenon, where most people want comfort after Covid. It's also no longer taboo to wear casual shoes or sneakers in offices, or with suits," he said.

India , Gunjan-shah , Calvin-klein , Shailesh-chaturvedi , Harkirat-singh , Rajesh-jain , Tommy-hilfiger , Flying-machine , Lacoste-india , Bata-india , Hush-puppies , Nine-west

india: This is India's moment to arrive on the global stage: Vineet Jain

India is now poised to take the next big jump and take a leading role in driving big ideas in three major areas -innovation in technology and entrepreneurship, education and skill development, and sustainability and environmental stewardship, Times Group MD Vineet Jain said.

Kozhikode , Kerala , India , Mysuru , Karnataka , New-delhi , Delhi , Eric-garcetti , Chandra-shekhar-ghosh , Sanjeev-sanyal , Tessy-thomas , Debashis-chatterjee