All stories by Avishek Rakshit
Domino's boys to deliver ITC atta, spices apart from hot pizzasRediff.com5 days ago
A combo pack of ITC-owned Aashirvaad atta and spices including chili, coriander and turmeric powders will be available on Domino's app. The service will be available in Bengaluru first and will then be expanded to Noida, Mumbai, Kolkata, Chennai and Hyderabad.
Rs 2000 cr of losses brewing for tea cos this yearRediff.com29 Mar 2020
Rough estimates from plantation companies have pegged production loss in excess of 100 million kg (mkg) across India which is valued at around Rs 2000 crore. Usually, plantation companies in Assam and West Bengal produce around 15 per cent of the total tea during March-April.
How ITC, Godfrey Phillips plan to expand market shareRediff.com25 Feb 2020
ITC has introduced differentiated cigarettes like Gold Flake Indie Mint, Gold Flake Neo and Classic Rich & Smooth in the premium end. Godfrey, too, introduced flavoured variants like Four Square Clove Crush in the mid-tier segment and has seven variants of the Marlboro brand for India.
ITC is first to hike cigarette prices post budgetRediff.com12 Feb 2020
While the American Club Cool Fresh Taste saw the minimum hike of 10 per cent, from Rs 200 to Rs 220 for a pack of 20 cigarettes, the price of Navy Cut Filter rose by about 16 per cent, at Rs 80 for a pack of 10 sticks. Flake Filter has become costlier by 14 per cent at Rs 80, while prices of Flake Special Filter, Flake Blue Special Filter and Wave Cool Mint rose by 20 per cent.
How FMCG majors are tackling slowdown in rural demandRediff.com9 Feb 2020
Nearly all FMCG companies like Marico, HUL, ITC and the rest have been indicating that the operating environment has been challenging, with drop in consumption, especially in rural areas, severe crunch in market liquidity conditions, and disruptions and floods in several parts of the country. To overcome this, they are boosting their direct reach in the countryside.
As financial crisis deepens, tea estates are up for saleRediff.com22 Jan 2020
The root of the problem, according to industry officials, is the sudden stoppage of lines of credit to tea plantation companies.
Will anti-CAA protests help Mamata?Rediff.com14 Jan 2020
'When violence spread, it looked as if Mamata was losing control, but soon, she was able to contain the situation.' 'Now, the TMC stands to gain the most.'
In Bengal, CAA causes fissures amid BJP leadersRediff.com13 Jan 2020
BJP leaders in the state are either lying low or criticising the CAA move in hushed tones. Chandra Kumar Bose, vice-president of the BJP's state unit, is most vocal with his opposition to the Act in the current form. "The country is above petty party politics. How can I keep quiet when I see that something is happening which is wrong in its current form?" Other party leaders aren't as vocal as Bose but clandestinely have been questioning the merit of the CAA and its impact on the BJP's prospects in the state. In fact, at a time when the BJP started making deep inroads in the state, the fear of the CAA and the NRC appears to be ruining its prospects.
Coming soon, the Lamborghini home in next six monthsRediff.com21 Dec 2019
The family that used to make the legendary sports car wants to bring the same design panache to luxury flats.
Danone to enter new product categories with ProtinexRediff.com9 Dec 2019
The company believes that Protinex's current powder form limits the scope of expanding the business and hence, diversification into new categories is essential for its growth.
Iran set to topple Russia as India's largest tea importerRediff.com5 Dec 2019
Under the trade agreement between India and Iran, the West Asian country can pay India in rupees for its imports against oil exports to India, which New Delhi pays for in Iranian rial.
Kolkata turns pink for day-night TestRediff.com23 Nov 2019
Kolkata sheds its white-blue nocturnal hue with pink ball day-night Test.
Canon mulls plants in India to hedge against US-China trade warRediff.com5 Sep 2019
Firm is conducting feasilbility studies on setting up units in 40 countries, will take final call based on global fallout of trade spat.
Burger King eyes highway pitstops as path to growthRediff.com1 Sep 2019
The company plans to collaborate with stopover management consolidators, who will participate in the bids to develop food courts and rest areas along the highways. Such stopovers will house multiple restaurant brands, reports Avishek Rakshit.
HUL's Indulekha enters Rs 2,000-cr clubRediff.com26 Aug 2019
The haircare brand, acquired for Rs 330 crore, fetches HUL around Rs 400 cr of revenue annually.
A mega tea seller to invade India's kitchens soonRediff.com2 Jul 2019
Madhu Jayanti's Rs 55-crore packet tea business so far is only in Maharashtra and Karnataka. After Eveready's tea business buyout, MJIL's tea production in India will increase from 2.4 million kg to 6.2 mkg and its income from branded tea sales will rise 53 per cent to Rs 198 crore this fiscal year itself. It will also be available in 14 states.
Mamata to skip NITI Aayog meetRediff.com8 Jun 2019
BJP calls her a 'passive anti-national.'
Orthodox Hindu, tribal votes boost BJP's best Bengal tallyRediff.com24 May 2019
While the TMC was able to maintain its hold on the southern and coastal parts of the state, the BJP is doing well in the northern and western parts of the state, all predominantly tribal areas.
Bengal may cast ballot on religious lines for the first timeRediff.com19 May 2019
The desecration of Vidyasagar's statue during Amit Anilchandra Shah's rally, which the TMC projected to be a 'Bhojpuri' and 'Dhokla' invasion on West Bengal's culture, may help her gain some favour with middle-class and erudite Bengalis in the last phase of the polls.
At 92, B M Khaitan quits as Eveready chiefRediff.com30 Apr 2019
The development comes at a time when Eveready is on the lookout for strategic investors, including a possible stake sale in its battery business.
'BJP will get 35% vote in Bengal'Rediff.com29 Apr 2019
With a substantially weakened Left Front and the Congress, political observers say the anti-Trinamool vote will go to the BJP.
Pakistan out, tea firms eye other export marketsRediff.com3 Mar 2019
Exporters are of the view that while direct exports to Pakistan will be nearly nil this month, and in the coming few months, alternative markets can be explored for exporting tea, which was originally meant for Pakistan.
As gardens stay shut tea firms suffer heavy lossesRediff.com31 Jan 2019
The quality of Indian tea had lately come under scrutiny in major export markets, due to the presence of pesticides and chemicals beyond permissible limits.
Tea Board blends AI, digital tech for that perfect cup of chaiRediff.com30 Jan 2019
Chai Sahay, an artificial intelligence-based mobile app, will be primarily used to issue advisory, disseminate information related to various schemes of the board for the sector as well as provide real-time weather updates, says Avishek Rakshit.
OYO's digitisation drive to help govt get guests' detailsRediff.com15 Jan 2019
The company has already put in place this digital register in Jaipur in Rajasthan and pilot projects are running in Haryana and Telangana
What lies ahead for Brand Horlicks?Rediff.com11 Dec 2018
One of the oldest living brands in the country, Horlicks has been innovative in its approach, which helped it survive intense competition
Anju Seth, IIM-C's first woman directorRediff.com17 Nov 2018
'She was the unanimous choice of the search-cum-selection committee.'
Ready your taste buds for ITC's milkshakesRediff.com31 Oct 2018
ITC will also launch paneer shortly and is also working on cheese and Tetra Pak milk
Air India plans to raise Rs 250 crore from sale of 14 propertiesRediff.com2 Oct 2018
Air India's debt burden is estimated to be more than Rs 50,000 crore, besides huge accumulated losses.
Will 2Bme b the brand 4 U?Rediff.com30 Sep 2018
Shashwat Goenka of the RP-Sanjiv Goenka group plans a high-decibel campaign around its young apparel brand 2Bme.
Specialty teas become popular with Assam's growersRediff.com8 Sep 2018
Sale of India's specialty tea varieties from exclusive estates in Assam and Arunachal Pradesh are on the rise in the domestic market, and sought after in overseas markets too.
Rule Britannia, again?Rediff.com2 Sep 2018
The firm, which traces its origin back to 1862 in a humble Kolkata bakery and its subsequent listing on the bourses in 1918, says that it now wants to grow "substantially" and not just rest on its laurels.
Hilsa, as it's cooked in Bengal's royal homes!Rediff.com28 Aug 2018
Here's your opportunity to sample ilish dishes from the royal homes of Bengal, says Avishek Rakshit.
As Britannia turns 100, it has a special gift for youRediff.com7 Aug 2018
Besides launching 50 products with a refreshed logo, Britannia to issue bonus debentures of Rs 720 crore
Whenever you see colour at Fifa World Cup 2018, think of Berger PaintsRediff.com14 Jul 2018
Company's loss-making Russian arm painted three World Cup soccer venues, and two airports to break even this fiscal; Berger now mulls acquiring competing painting companies.
India's tea export and the Iran connectionRediff.com10 Jul 2018
Iran is India's largest importer of tea in value terms while in terms of volume, it is the second largest after Russia
Who's the fairest of them all? Emami-HUL spat revives an old brand warRediff.com6 Jul 2018
The two battle it out in the controversial but lucrative fairness cream market, spark a fresh bout of aggression in the war between the brands
How UltraTech Cement can become market leader in north IndiaRediff.com25 Jun 2018
UltraTech currently has 19% market share with Shree Cement commanding 22% of the market
West Bengal panchayat polls key to Mamata's national ambitionsRediff.com14 May 2018
The elections are not only a means for TMC to prove its wide, unopposed mass allegiance but also a way to bargain for national leadership among regional political parties in the road to New Delhi.
Soon you can taste the thunder overseas!Rediff.com7 Feb 2018
India's largest cola brand Thums Up to make international debut in March