Some CEOs circumspect, others confident recovery will last
Experts see uptick in ad revenue after dull first half
Shutdowns are in place in at least 14 states in the country to tackle the spread of the coronavirus
The announcement is significant, as it brings to an end to months of speculation about the fate of the tea business in India, which is a growing segment for local unit Hindustan Unilever (HUL)
Thanks to in-home consumption and a focus on hygiene and health, HUL said these brands contributed significantly to growth within its essentials portfolio, which constitutes 80% of its business
Excluding the GSK business, overall revenue declined 7 per cent in the quarter, Srinivas Phatak, chief financial officer, HUL, said in a virtual press meet
The domestic biscuits market is estimated to have grown between 15-17 per cent in Q1, led by in-home consumption in urban areas and migrants making their way back to the countryside.
Trend comes as a surprise as consumers remain cautious of spending
Within two months of launch, marketplace taps more daily orders than BigBasket, Amazon
Emami said it had trademark rights over the name and that it was consulting legal experts on the matter.
YES Bank has Rs 8,000-crore exposure to Essel Group
"Distribution costs have significantly increased and there will be short-term pressure on margins," Sanjiv Mehta, chairman and managing director said.
In contrast, auto companies and their dealers have not been that bullish with hiring, despite tractor sales increasing in May
On Friday, a company spokesperson said the group had acknowledged legitimate concerns about the terms used to describe skin even-ing products.
The Rs 2,000-crore brand, which enjoys a 40 per cent share of the fairness market, pegged at Rs 5,000 crore, will now have a new identity.
Word 'fair' being dropped; name change to happen in next few months
Chairman and Managing Director Sanjiv Mehta says the April-June period has been largely about restoring operations.
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.
Barring Mumbai, shops across other key metros reopen