Rajesh Bhayani, Avishek Rakshit &Amp;Amp; T E Narasimhan

Stories by Rajesh Bhayani, Avishek Rakshit &Amp;Amp; T E Narasimhan

Domino's boys to deliver ITC atta, spices apart from hot pizzas

Domino's boys to deliver ITC atta, spices apart from hot pizzas

Rediff.com   3 Apr 2020

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.

Gold import lowest in 10 years, March saw huge plunge

Gold import lowest in 10 years, March saw huge plunge

Rediff.com   1 Apr 2020

The month of March could be worst in many years, with imports estimated only around 18 tonnes amid the coronavirus pandemic and the nationwide lockdown, said an industry player. The import in March 2019 was 72.5 tonnes, according to the GFMS data.

Rs 2000 cr of losses brewing for tea cos this year

Rs 2000 cr of losses brewing for tea cos this year

Rediff.com   29 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.

Manufacturing sector hits a virtual standstill

Manufacturing sector hits a virtual standstill

Rediff.com   26 Mar 2020

Factories are shutting down owing to a shortage of labour and raw materials, and a lack of logistical support amid the ongoing nationwide lockdown against the coronavirus pandemic.

Coronavirus: Essential goods market faces labour shortage

Coronavirus: Essential goods market faces labour shortage

Rediff.com   24 Mar 2020

Nilesh Veera, director of APMC said, complained that availability of workers is a big problem. They have asked the government to provide enough sanitizers, masks, etc, for worker safety, to call them back. There has been no reply.

Stock exchanges activate disaster recovery sites

Stock exchanges activate disaster recovery sites

Rediff.com   24 Mar 2020

The objective is to ensure the exchange's preparedness in the event of a natural calamity, so that any disruptions should not affect market integrity and investor confidence.

Noida, Chennai's electronics hubs in total lockdown

Noida, Chennai's electronics hubs in total lockdown

Rediff.com   24 Mar 2020

The usually busy Greater Noida expressway is empty except small groups of commuters that gather at its sidelines, seeking lift from every passing vehicle.

Coronavirus suddenly thrusts Medimix into limelight

Coronavirus suddenly thrusts Medimix into limelight

Rediff.com   24 Mar 2020

Born and sold as a cure for skin ailments, the brand that turned 50 last year has never seen such a massive crush at its shelves.

COVID-19: How gold smugglers stand to gain

COVID-19: How gold smugglers stand to gain

Rediff.com   18 Mar 2020

Customs officials are busy at ports and airports, scanning passengers to ensure that COVID-19 virus-affected people are traced. So, officials are not able to focus much on baggage checking. This could lead to more gold getting smuggled into the country as luggage check at airports is now random unlike earlier where every bag was checked thoroughly.

New Creta gets 14K bookings in 2 weeks

New Creta gets 14K bookings in 2 weeks

Rediff.com   17 Mar 2020

Offering buyers a car that meets their aspirations & lifestyle needs, the Creta became a style icon. The Creta, which was officially launched on Monday, is a global model, created with an investment of more than Rs 1,000 crore.

How companies deal with coronavirus panic

How companies deal with coronavirus panic

Rediff.com   17 Mar 2020

Employees asked to work from home... cancelled travel plans... curtailed meetings... Caution and precaution dominate Corporate India's response to Covid-19.

At Tirupati, deity's call proves stronger than covid-19 fears

At Tirupati, deity's call proves stronger than covid-19 fears

Rediff.com   15 Mar 2020

According to the Tirumala Tirupati Devasthanams (TTD), on March 12, 61,652 pilgrims had darshan, after waiting for nearly five hours, compared to 57,352 on March 11, after they waited for nearly eight hours. On February 12, about 61,860 pilgrims had darshan.

Gold takes a beating, falls by Rs 3000 in a week

Gold takes a beating, falls by Rs 3000 in a week

Rediff.com   14 Mar 2020

Gold price in Mumbai's physical market on Friday fell 31.1 per cent or Rs 1,351 to close at Rs 41,848 per 10 gramme. Friday's fall in per cent terms is worst after November 2015 and, in absolute terms, the worst after August 2013. Silver prices fell Rs 2,255 to close 5 per cent lower at Rs 43,085 per kg on Friday.

Despite high rates, brands get ready to bat for IPL

Despite high rates, brands get ready to bat for IPL

Rediff.com   27 Feb 2020

For 2020, 13 brands are said to be on board already and advertising rates have been fixed at a premium of 10-15 per cent over 2019.

How ITC, Godfrey Phillips plan to expand market share

How ITC, Godfrey Phillips plan to expand market share

Rediff.com   25 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.

MG Motor plans to launch affordable EVs shortly

MG Motor plans to launch affordable EVs shortly

Rediff.com   21 Feb 2020

Hopes to launch full-size SUV MG Gloster by Diwali 2020, and have four products in the market in one-and-a-half years of its operations in India.

How Tata Motors has used birds in its aggressive branding exercise

How Tata Motors has used birds in its aggressive branding exercise

Rediff.com   17 Feb 2020

Be it the name, the design and communication campaign and the engagement processes being imagined between the brand and its buyers, the company is casting its cars in a new mould, reports T E Narasimhan.

Sales of commercial vehicles, two-wheelers to rise from H2

Sales of commercial vehicles, two-wheelers to rise from H2

Rediff.com   12 Feb 2020

Industry representatives have said from the second half of the year, they hope to see revival because the rural economy is looking up and the projects the government has announced.

ITC is first to hike cigarette prices post budget

ITC is first to hike cigarette prices post budget

Rediff.com   12 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 demand

How FMCG majors are tackling slowdown in rural demand

Rediff.com   9 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.