Sachin P Mampatta And Viveat Susan Pinto

Stories by Sachin P Mampatta And Viveat Susan Pinto

Are signs of economic green shoots really visible?

Are signs of economic green shoots really visible?

Rediff.com   29 Jul 2020

Mumbai traffic, mobile internet speeds, and grocery and pharmacy visits are all showing lower numbers for the latest week.

JioMart taps more daily orders than BigBasket, Amazon

JioMart taps more daily orders than BigBasket, Amazon

Rediff.com   24 Jul 2020

While JioMart is doing 250,000 orders per day, BigBasket and Amazon pantry are doing 220,000 and 150,000 orders, respectively.

Beauty products lead FMCG's smart recovery in June

Beauty products lead FMCG's smart recovery in June

Rediff.com   18 Jul 2020

Overall, the domestic FMCG market bounced back to levels of 98 in June compared with 75 in May and 101 in March before the nationwide lockdown was announced. The pre-Covid March index for foods was 103, and for non-foods, it was 99.

Number of wilful defaulters was on rise even before lockdown

Number of wilful defaulters was on rise even before lockdown

Rediff.com   15 Jul 2020

Lenders had filed 1,251 cases to recover Rs 24,765.5 crore. Wilful defaulters are the entities that do not pay back money despite the ability to do so. Defaulters above Rs 1 crore were considered for this exercise.

Shoppers Stop's MD quits, panel to run retail group

Shoppers Stop's MD quits, panel to run retail group

Rediff.com   11 Jul 2020

Rajiv Suri's resignation is effective August 25, the company said in a stock exchange filing. Suri quit for personal reasons and would pursue a career outside India, it added.

Tata's Chandra: 'We're adapting to the new normal'

Tata's Chandra: 'We're adapting to the new normal'

Rediff.com   7 Jul 2020

We are adapting to the situation by innovating new delivery modelss, launching brand campaigns that are impactful in the current context and closely monitoring changes in consumer buying behaviour, he said.

Fair & Lovely: Can HUL go beyond a cosmetic change?

Fair & Lovely: Can HUL go beyond a cosmetic change?

Rediff.com   7 Jul 2020

For a product initially positioned as a "closet mate" which could help improve a woman's marital prospects, HUL Chairman Sanjiv Mehta says the communication now is all about women's empowerment.

Shapoorji Pallonji may bag UK's largest theme park deal

Shapoorji Pallonji may bag UK's largest theme park deal

Rediff.com   6 Jul 2020

Pegged at $1.8 billion in construction deal size, The London Resort, which is located 17 minutes outside London, has attracted bids from three other construction majors from across the world.

FMCG firms start hiring in small towns

FMCG firms start hiring in small towns

Rediff.com   6 Jul 2020

Mandates have been handed out to staffing solutions companies such as Randstad India and TeamLease, officials at these firms have said, as players increasingly push into rural areas to capitalise on the uptick in the hinterlands.

It's not fair! Emami slams HUL over skin cream rebranding

It's not fair! Emami slams HUL over skin cream rebranding

Rediff.com   3 Jul 2020

While HUL's Fair & Lovely was launched in 1975, Emami's Fair & Handsome was unveiled in 2005. Both companies now straddle both the men's and women's fairness categories in the country.

18 phone launches run into Boycott China campaign

18 phone launches run into Boycott China campaign

Rediff.com   26 Jun 2020

The smartphone category as a whole was expected to spend around Rs 1,000 crore on marketing and promotional activities over the next six months, even as India unlocks gradually, said media industry experts. This spending is expected to come down, as firms temper their launches.

Mall developers rework rent for retailers

Mall developers rework rent for retailers

Rediff.com   22 Jun 2020

Among the options being weighed are discounts on existing rentals, short-term deferrals, and 50 per cent waivers.

Which films are coming up on OTT? Find out!

Which films are coming up on OTT? Find out!

Rediff.com   19 Jun 2020

Prime was the first to grab streaming rights for seven titles for an estimated Rs 300 crore.

After 1962 China war stock markets fell 16%, gold 30%

After 1962 China war stock markets fell 16%, gold 30%

Rediff.com   18 Jun 2020

The government was also faced with problems on its balance of payments. It took steps to conserve declining foreign exchange reserves, and began to regulate the production, supply and distribution of gold. It banned forward trading in the yellow metal in November 1962, and introduced gold bonds as well, reveals the RBI's annual report for the year ending June 1963.

A glimpse of how economic activity is picking up

A glimpse of how economic activity is picking up

Rediff.com   17 Jun 2020

While freight traffic has gone up, the Google location data shows more people are stepping out of their homes.

The movie theatre experience, post lockdown

The movie theatre experience, post lockdown

Rediff.com   14 Jun 2020

Movie theatres may reopen around the second week of July.

Gulabo Sitabo on Amazon: Producers earn Rs 20 crores profit

Gulabo Sitabo on Amazon: Producers earn Rs 20 crores profit

Rediff.com   13 Jun 2020

Gulabo Sitabo was made with a budget of Rs 40 crore to Rs 45 crore. Amazon Prime bought the streaming rights for Rs 60 crore to Rs 65 crore, helping the producers make over Rs 20 crore.

How 1996 World Cup is back to haunt FPIs

How 1996 World Cup is back to haunt FPIs

Rediff.com   10 Jun 2020

The ruling mean FPIs cannot seek treaty protection against the new withholding tax that companies are required to deduct at source. The apex court order pertains to when the cricketing bodies of Pakistan, India, and Sri Lanka formed a joint committee to conduct the 1996 Cricket World Cup.

How India Inc plans to woo buyers amid COVID-19

How India Inc plans to woo buyers amid COVID-19

Rediff.com   8 Jun 2020

From auto, refrigerator, and mobile handset makers to real estate firms, companies are tying up with banks to dole out attractive finance schemes and discounts to make buying more affordable.

Stand-off between retailers and malls over rentals worsens

Stand-off between retailers and malls over rentals worsens

Rediff.com   3 Jun 2020

At the heart of the matter are revenue-share rental agreements that retailers are mooting over fixed-rent contracts that they say are unsustainable, given the revenue loss they've suffered during the lockdown.