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Shoppers Stop profit slumps 69%
January 21, 2026
|Financial Express Chennai
INDIA'S OLDEST DEPARTMENT store chain, Shoppers Stop, reported a 69% year-on-year decline in third-quarter (Q3FY26) profit on Tuesday, as urban consumers curtailed discretionary spending amid slowing wage growth in key cities.
The retailer posted a consolidated net profit of ₹16 crore for the quarter ended December 31, 2025, compared with ₹52 crore in the year-ago period.
هذه القصة من طبعة January 21, 2026 من Financial Express Chennai.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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المزيد من القصص من Financial Express Chennai
Financial Express Chennai
Clear dues for barrier-free tolling system: MORTH
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1 min
January 21, 2026
Financial Express Chennai
Markets log worst day in 8 months on weak earnings
INVESTOR WEALTH ERODES ALMOST ₹10 LAKH CRORE
1 min
January 21, 2026
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On cusp of historic India deal: Ursula
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1 mins
January 21, 2026
Financial Express Chennai
Lavrov lauds ties with India, China
RUSSIAN FOREIGN MINISTER Sergey Lavrov on Tuesday lauded Moscow’s bilateral ties with Delhi and Beijing and called for reactivating the Russia-India-China (RIC) trialogue, asserting that multipolarity is “here to stay”.
1 min
January 21, 2026
Financial Express Chennai
Rethink amid fragmented supply chains
The prevailing ad-hoc tariff-centric responses to geopolitical volatility are insufficient to guarantee sustained economic security and domestic resilience
3 mins
January 21, 2026
Financial Express Chennai
New steel scrap policy in the works
THE GOVERNMENT IS finalising a national steel scrap recycling policy, replacing the existing 2019 guidelines, to align it with changing dynamics of the industry arising out of domestic compulsions and commitments, and emerging international developments.
1 min
January 21, 2026
Financial Express Chennai
PNB sees NIM recovering from Sept qtr
PUNJAB NATIONAL BANK (PNB) expects to sustain quarterly net profit of above ₹5,000 crore despite near-term pressure on margins and higher credit costs, Executive Director Bibhu Prasad Mahapatra told FE in an interview.
2 mins
January 21, 2026
Financial Express Chennai
Recalibrating market vigour
DERIVATIVES BOOM HAS SHOWN INDIA'S MARKET POTENTIAL, THE REFORMS AHEAD WILL DEFINE ITS PURPOSE
4 mins
January 21, 2026
Financial Express Chennai
Embassy enters Mumbai realty mkt
LUXURY FORAY
2 mins
January 21, 2026
Financial Express Chennai
NHAI looks to prepay ₹35,000-cr debt this fiscal
THE NATIONAL HIGHWAYS Authority of India (NHAI) is planning to retire more than ₹35,000-crore debt before maturity in the current financial year, a plan which will bring down its outstanding liabilities below ₹2 lakh crore.
1 min
January 21, 2026
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