Page 50 - Ishita Ayan Dutt

Bottom line swells for tea firms on lower crop, higher at-home consumption

Industry says Q3 of FY21 also likely to be good; Moreover, there will be no dry period as North Indian gardens observe closure during winters

Will consider balance sheet as first priority, says Tata Steel's Chatterjee

As a principle, we are determined to ensure all businesses, including Indian and overseas subsidiaries, are free cash flow positive, says Chatterjee

West Bengal partially agrees to Centre's GST compensation proposal

In a letter to the Union Finance Minister, Nirmala Sitharaman, West Bengal Finance Minister, Amit Mitra, has suggested that a GST Council meeting may be convened to discuss the borrowing of the remain

ITC, Emami see uptick in discretionary consumer spend in September quarter

Four months since unlock began, demand for essentials remains robust but the frenzy is dying down

Eveready Q2 net rises 216% to Rs 58.02 cr on higher demand, lower costs

Eveready's Managing Director, Amritanshu Khaitan said this was the highest ever quarterly profit without any other income. EBITDA margin at more than 20 per cent was also the best

Our media properties will be assets for future: Sanjiv Goenka

In a Q&A, the company's chairman dwells on his firm's deal with Hola SL and says more deals in media could happen in the future

Steel makers raise prices by Rs 1,200 per tonne on demand uptick

Prices are now closer to peak levels of 2018

JSW, Liberty group may participate in strategic sale of NMDC steel plant

Nagarnar Steel Plant with 3 mn tonne capacity is likely to be commissioned by June-July next year. disinvestment process is expected to be completed by September 2021

Steel set to get costlier by 10-20% for auto manufacturers amid recovery

Though steel companies had to wait to finalise prices, the wait may have proved advantageous for them. Prices have been on an upswing since the country started unlocking

Steel firms plan return to office, set up 'flexible' policies for employees

Tata Steel will allow employees to choose between working from home or office; JSW Steel is weighing a distributed workplace strategy

Liberty's India constraint: Reassuring lenders remains a tall order

Sanjeev Gupta acquired a burgeoning UK empire in five years; in India, he has secured a one-million-tonne plant after two years of trying

Auto demand isn't pent-up, has really come back: JSW Steel's Seshagiri Rao

In a Q&A, the firm's jt MD and group CFO is confident that steel demand will sustain but is sure that the 15-16 mn demand already lost won't be recovered

Amazon opens largest fulfilment centre in Bengal ahead of festive season

The facility has a capacity of 1.2 mn cubic ft; firm triples storage at an existing centre for large appliances and furniture to 600,000 cubic ft

Expecting FY21 GDP contraction to be less than 9.5%: PNB MD & CEO

Says the country is seeing rural economy coming back, is confident urban and metro economy will also grow

Unlock 5.0: Optimism returns, India Inc sees signs of recovery in economy

Some caution this is mere pent-up demand; others say it is sustainable and growing

Deccan Value Investors want 'win-win' solution for Amtek: Hedge fund's exec

Lenders must fulfill conditions that they signed with the auto parts maker, says Vinit Bodas.

India's richest club sees nine new entrants; Ambani dominance continues

Half of the nation's 100 richest saw gains rising a collective 14% to $517.5 billion, says Forbes

ITC plans to take fresh dairy business deeper into West Bengal and Bihar

The firm's fresh dairy products are available in 24 cities in Bihar, while in Bengal, it has tapped Kolkata

ITC's Savlon rides Covid wave to post four-fold jump in consumer spend

The brand would be the first from the personal care portfolio to clock in consumer spend of Rs 1,000 crore, says firm

Latest farm reforms may light up Cargill's expansion plans in India

For companies like Cargill, the legal framework brings stability, creating an environment for infrastructure investment