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The packaged goods giants point to rising cost of production and sluggish urban demand as the reasons.

Slowing growth, weakening store metrics and a puzzling fundraise point to the retailer losing some of its post-Zudio sheen.
The restaurant chain operator has decided not to renew its franchise agreement for the coffee and donut chain in India. This was a long time coming, and it’s only good news for Jubilant and its shareholders.
The automaker that virtually created India’s electric car market is forced to offer record discounts, even as rivals surge and competition is set to get fiercer.