The lockdown is expected to sharpen the urban-rural divide in demand pattern of FMCG products
Traditional trade sees bigger drop, says Nielsen
With GDP growth seen shrinking, funds likely to chase stocks with high growth forecast
Companies say low-unit packs as well as lesser-known brands seeing greater traction during lockdown
The Delhi government, in a major relaxation. has permitted everyone to go to office. But the Maharashtra government has gone to the other extreme by keeping offices closed till the end of May.
Prime Minister Narendra Modi's call for swadeshi was misinterpreted by some. We are here for 108 years. We have 7,200 Indian employees. We work with over 100,000 Indian farmers, says Nestle India CMD
The company follows a January-December accounting year. Revenue for the March quarter stood at Rs 3,325 crore, growth of 10.7 per cent from a year ago.
The Rs 20-trillion stimulus package announced by the prime minister on Tuesday evening should help improve the fortunes of India Inc and these sectors
Over grilled chicken and greens, Anand talks to Pavan Lall about the changes taking place in the world of hospitality due to Covid-19, and the career lessons he took away from his days as a DJ
Beauty products segment witnesses 0.8% decline in March, says Nielsen
Over 133 million shares, or 5.7% of the paid-up capital, are being offered for Rs 1,850-1,950 to investors through a special block window
While several factories are in green zones, the route a transporter has to take to bring the goods to the market is dotted with red zones
Both the countries reported a decline in sales in the March quarter
Here are the top 10 business headlines this morning
The Street had factored in a drop of 2-4 per cent in Q4 volume growth on account of the Covid-19 outbreak and subsequent lockdown but 7% decline was a surprise for many.
Nielsen estimates 5-6% full-year growth, down from 9-10 %
In an investor call, Dirk Van de Put, Mondelez's global chairman and CEO said the firm went "absolutely blank" in the first phase of the lockdown, which began on March 25
Capacity utilisation at the two units is not more than 25%, but will increase as more people make their way back to work, according to industry sources
Piramal, Tata Power, and TVS group units figure in list
FCMG companies have been grappling with multiple challenges - manufacturing, supply chain and manpower availability being primary among them