In this era of online commerce and virtual shopping, Raymond Ltd, one of India's oldest textile manufacturers and retailers, has tailor-made an offline strategy to maintain a strong foothold in the tier III and IV towns. Samreen Ahmad reports.
YRF may come out of the debacle fairly unscathed financially. The exhibitors and smaller distributors will take almost 75% of the hit.
As wholesalers largely failed to meet GST norms, companies were in a fix. According to industry veterans like Sunil Duggal, chief executive of Dabur, the hazard led many to look beyond third-party distribution and take the leap to cover unattended markets directly.
This is Amitabh Bachchan's first entry in the list of highest openers in Bollywood and Aamir Khan's second.
Thugs of Hindostan may not have as easy a run at the box office as previous Hindi films did during Diwali.
Swiggy had in June entered the elite Unicorn club after raising $210 million from a group of investors
But this could be shortlived as the rise has been buoyed on Chhattisgarh assembly poll freebies
Xiaomi now a lifestyle player, quietly launching a slew of non-smartphone products like Mi branded luggage, backpacks, apparel, U-shaped pillows, pens, home security cameras and air purifiers.
Its newly-built Jigani kitchen in Bengaluru is piloting the use of technologies such as data analytics, blockchain and Internet of Things to speed up the huge volume of its operations while ensuring strict quality control, reports Samreen Ahmad.
Industry estimates suggest that the extent of value addition in the handset space remains at a mere 10 per cent. That effectively means, value-wise 90 per cent of all components used in making a handset continues to be imported.
Britannia, which is celebrating its centenary year in 2018, will first look at expanding its dairy and bakery businesses, before turning its attention towards new food categories. The attempt is to become a total foods company, as it eyes a well-rounded presence in the market.
Almost 40 per cent of a durable company's sales are achieved during the festival season
The estimated 10 per cent average hike in 2019 is at par with the actual rate of increase in the previous three calendar years in India
As 4G internet completes coverage of the entire country, rural markets have become the primary generator of sales.
With launch of second plant in Gujarat, company gets ready to take on peers
PepsiCo is now betting aggressively on Kurkure, as its offering goes more and more local in its branded snacks.
Smart homes that do your everyday tasks are now coming on the Indian market. Several real estate firms are making this reality as they venture into constructing automated homes.
Mohan will be responsible for aligning of teams, overall strategy in this country and driving Facebook's investments in India
While it is difficult to put a number on how much the impact on the ad sales tally could be, it is quite possible the broadcaster will not be able to make its Rs 2-billion target, says Urvi Malvania.
Patanjali's packet milk to be lower than competitor brands by Rs 2 a litre
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