Rediffusion partners Arun Nanda and Ajit Balakrishnan, who held 50 per cent each, have decided to step back from day-to-day operations of the agency
The company's domestic consumer business contributes nearly 77 per cent to overall top line
Profit for the quarter also surged on the back of strong operational performance
Revenue for the quarter rose 59 per cent over the previous year to Rs 7,494 crore, against a forecast of Rs 7,516.8 crore
Reports a 41 per cent year-on-year jump in net profit to Rs 2,143 crore
Addressing investors during a concall, Chairman and CEO Dirk Van de Put said while India had delivered double-digit sales growth in the March quarter, concerns over rising Covid-19 cases remained
Besides rising input costs, the company also pointed to a brief shutdown in March to implement key digital projects that impacted its bottom line
Subhash Chandra says committed to release pledge; won't happen at lower price
Considering that more than a year has passed from the time the board considered the scheme, it has decided to not proceed with the arrangement envisaged in the scheme, Den said in a statement
Cola majors say they will monitor localised lockdowns, vaccination progress
The e-commerce major had moved the apex court last week challenging an order dated March 22 passed by a division Bench of the Delhi HC
Demand for products such as honey, chawanprash and ayurvedic teas has jumped by 60 per cent in April.
HUL was amongst the fastest to recover within the fast-moving consumer goods companies following a nationwide lockdown last year
Since March of 2020, the Rs 4.25-trillion domestic restaurant industry has had to contend with lockdowns, curbs, and restrictions on business hours
Now, many of them are counting on Eid in mid-May for fresh content to return, including the much-anticipated Salman-Khan-starrer Radhe
Experts said the pandemic and need for entertainment led to the rise in TV ownership
Businesses across sectors feel the heat
Focus on fewer brands, smaller packs; inventory to be moved closer to target markets
As president of Walt Disney and Star India, Madhavan will drive strategy and growth, with responsibility for all businesses
Durables players admit that restrictions have hit festive sales