Promoters hope to ring-fence long-term interests of the firm via this partnership
The BM Khaitan family have been controlling the company for 25 years
Unlike heavy engineering, auto and auto components, the labour requirement in fast-moving consumer goods (FMCG) companies is nevertheless less
Nifty is continuing its uptrend and looks set to achieve 76.4% retracement of the entire fall seen from 12,430 to 7,511.
The current chart formation, along with the positioning of the confirmation indicators, are all pointing towards a fresh breakout ahead in Axis Bank's stock
The emphasis, as most FMCG chief executive officers admit, is on essentials and away from discretionary categories
In contrast, auto companies and their dealers have not been that bullish with hiring, despite tractor sales increasing in May
In others, it's too early to predict; while in some, once pent-up demand has been satisfied, it could fall again
Most firms not indicating financial impact
All its factories and warehouses are open, barring the one in Assam.
As the lockdown restrictions eased gradually, Dabur has been at the forefront of delivering authentic Ayurvedic solutions to meet the emerging Health Care needs of consumers in the post-COVID market.
Today, a total of 21 companies, including Dabur India, Sun Pharma, and United Spirits are scheduled to announce their results.
Top executives at auto, tractor and consumer packaged goods firms are optimistic. They are betting on the reverse migration of labourers boosting consumption and prediction of a favourable monsoon.
As ayurvedic formulations get a renewed push in the fight against Covid-19, can one of the oldest players in the segment step up its game?
According to the Federation of West Bengal Truck Operators' Association (FWBTOA), truck availability has only improved marginally around 10 per cent of a total 9 million trucks in India.
For Himalaya, the surge in demand has been seen particularly in its Pure Herbs range such as Guduchi, Tulasi, Amalaki, Ashwagandha and others
Incentive hikes, credit period extension among steps taken to support them during corona crisis
Trading at 77x, its trailing 12-month net profit against industry average of about 43x
Leaning in on nostalgia and its long-standing relationship with customers, the legacy brand strives to be seen and heard amidst a lockdown
According to Nielsen, panic buying of food items and hygiene products has pushed up growth rates of food and non-food categories by 300 and 400 basis points respectively.