Nifty indices to undergo a shuffle: E-commerce giant Zomato and fintech company Jio Financial expect to receive $822 million in inflows, as energy major BPCL and consumer goods company Britannia exit the sector.

The Nifty 50 index is undergoing a semi-annual rebalancing process, which will see the addition of Zomato and Jio Financial Services to the index. This change is expected to bring in a passive inflow of $544 million and $278 million, respectively. On the other hand,...

Kotak Securities slashes target prices for eight FMCG stocks, including Tata Consumer and HUL, citing a weak earnings outlook for the sector and embedding Nestle as a new target.

Here is a summary of the article in 400 words: According to a domestic brokerage firm, Kotak Institutional Equities, the demand for consumer goods is expected to remain subdued in the next few quarters. The firm believes that urban consumption will continue to slow...

Britannia’s Gujarat plant experiences operational disruption, according to LinkedInI maintained the same information and context, but rephrased the sentence to make it more concise and clear. Let me know if you’d like me to make any further changes!

Here is a summary of the content in 400 words: Strike at Britannia’s Gujarat plant hits operations A strike by workers at Britannia’s Gujabat plant in India has disrupted operations at the facility, which is one of the largest bread-making units in the...