Raghavendra Kamath And Ishita Ayan Dutt

Stories by Raghavendra Kamath And Ishita Ayan Dutt

China's pain is Eveready's gain

China's pain is Eveready's gain

Rediff.com   27 Nov 2020

As imports reduced, Eveready clocked significant volume growth in batteries.

ITC launches 70 products in non-cigarettes FMCG space

ITC launches 70 products in non-cigarettes FMCG space

Rediff.com   10 Nov 2020

The 70 launches were made in the first half of the financial year alone and were mostly focused on hygiene, health & wellness, naturals and convenience, which were in high demand as Covid -19 raged across the world.

Sops, stamp duty cut help home sales in Mumbai surge

Sops, stamp duty cut help home sales in Mumbai surge

Rediff.com   5 Nov 2020

Mumbai Metropolitan Region recorded housing sales of nearly 9,200 units in Q3 of calender 2020, against 3,620 units in the preceding quarter, registering a 1.5 times growth which is the highest growth seen any city except Chennai.

Covid has taken sheen off India's most exclusive clubs

Covid has taken sheen off India's most exclusive clubs

Rediff.com   28 Oct 2020

Few of these highly sought-after socialising and networking hubs are seeing much activity as regulars are missing in action.

Singapore's Mapletree Investments buys land in Mumbai for Rs 525 crore

Singapore's Mapletree Investments buys land in Mumbai for Rs 525 crore

Rediff.com   12 Oct 2020

The Kanakia group, from which Mapletree did the purchase, had bought the plot from India Tube Mills and Metal Industries for Rs 363 crore in 2018.

Farm reforms may help Cargill's expansion plans in India

Farm reforms may help Cargill's expansion plans in India

Rediff.com   10 Oct 2020

Cargill believes the reforms would act as a catalyst in attracting private sector investment in building supply chains for taking Indian farm produce to national and global markets.

India's richest club sees nine new entrants; Ambani still No 1

India's richest club sees nine new entrants; Ambani still No 1

Rediff.com   9 Oct 2020

Half of the nation's 100 richest saw gains rising a collective 14% to $517.5 billion, says Forbes. Forbes released 2020's top 100 richest Indians on Thursday, which included newcomers, Sanjeev Bikhchandani, co-founder of Info Edge (India), who owns popular job and property websites; siblings Nithin and Nikhil Kamath, co-founders of discount stock brokerage Zerodha Broking, and three specialty chemicals producers - Vinod Saraf, founder of Vinati Organics, Arun Bharat Ram, the patriarch of SRF, and brothers Chandrakant and Rajendra Gogri of Aarti Industries. Other newcomers included Delhi-based brothers Ramesh Kumar and Mukand Lal Dua of Relaxo Footwears, which owns affordable footwear brands; dairyman, R G Chandramogan of Hatsun Agro; Premchand Godha, who chairs IPCA Laboratories, manufacturing formulations, bulk drugs and drug intermediates; G Rajendran, founder of jewellery chain, GRT Jewellers.

Fuelled by demand in southern markets, office leasing rises

Fuelled by demand in southern markets, office leasing rises

Rediff.com   6 Oct 2020

The Q3 office rebound growth was led by Bengaluru and Hyderabad, which together accounted for nearly 80 per cent of the net absorption in Q3.

Farm Bills: Who are the actual gainers?

Farm Bills: Who are the actual gainers?

Rediff.com   30 Sep 2020

While reforms may translate into new opportunities for firms like ITC, Adani Wilmar and Reliance Retail, farmers are unlikely to use it for fear of upsetting commission agents.

Harsh Lodha reappointed director in Birla Corp despite panel's rejection

Harsh Lodha reappointed director in Birla Corp despite panel's rejection

Rediff.com   26 Aug 2020

Nearly 98% of shareholders vote in favour of his reappointment and payment of remuneration to Lodha.

FMCG firms see value in fast-growing, high-margin spices biz

FMCG firms see value in fast-growing, high-margin spices biz

Rediff.com   24 Aug 2020

The fast-growing, high-margin branded spices business is turning out to be an interesting growth opportunity, which to an extent was reflected in the Sunrise-ITC deal, with multiple parties from PE to strategic players joining the fray.

Emami may sell land, non-core assets to cut debt

Emami may sell land, non-core assets to cut debt

Rediff.com   20 Aug 2020

Last month, Emami Group completed divestment of its 100 per cent stake in Emami Cement to Nuvoco Corporation for an enterprise value of Rs 5,500 crore.

Despite Covid woes, residential launches back on track

Despite Covid woes, residential launches back on track

Rediff.com   18 Aug 2020

Despite a 56 per cent fall in residential launches in the first half of the year compared to the second half of 2019, Anarock Property Consultants believes that consolidation in residential real estate is expected to gain ground, and that branded players may garner a market share of 75-80 per cent.

Malls, retailers begin talks again over rentals

Malls, retailers begin talks again over rentals

Rediff.com   17 Aug 2020

Retailers want rental waivers should be extended for a few more months, since business is not expected to pick up before the Dussehra-Diwali period, which falls in October-November.

Collections, cash flows of top-3 realtors hit in Q1

Collections, cash flows of top-3 realtors hit in Q1

Rediff.com   7 Aug 2020

However, both developers as well as analysts are hopeful that these business metrics will pick up once activity resumes.

Steel firms raise prices by Rs 2K a tonne in 10 days

Steel firms raise prices by Rs 2K a tonne in 10 days

Rediff.com   3 Aug 2020

Prices in the domestic market are increasing because there is a demand pull, and internationally, prices have gone up.

Covid's unexpected fallout: Indians take to bicycles in big way

Covid's unexpected fallout: Indians take to bicycles in big way

Rediff.com   2 Aug 2020

Since the Covid pandemic, bicycle sales have surged, orders are pouring in, and stores are already feeling a shortage. 'I have not seen this kind of excitement around bicycles and you are talking to a 57-year-old man,' said Pankaj M Munjal, chairman and managing director, Hero Motors Company (HMC), the largest Indian bicycle producer;

How Spencer's plans to turn around Natures Basket

How Spencer's plans to turn around Natures Basket

Rediff.com   16 Jul 2020

The numerous integration measures have led to savings in areas including supply chain, technology, inventory management, and marketing.

Realty prices crash in Mumbai as buyers go missing

Realty prices crash in Mumbai as buyers go missing

Rediff.com   14 Jul 2020

Mumbai's property markets, where prices earlier crossed Rs 1 lakh per sq. ft in South Mumbai, are seeing a 20-25 per cent markdown from last year's levels.

CBI case may be GVK chief's biggest test yet

CBI case may be GVK chief's biggest test yet

Rediff.com   10 Jul 2020

Real estate development on Mumbai airport land and the work on Navi Mumbai airport have been inordinately delayed, which have prompted rating downgrades and raised questions on its financial capabilities. It is also trying to stave off Adani group's entry as a shareholder in the Mumbai airport project.