As on March 31, 2019, while the promoter group's stake, including individual promoter shareholders as well as group investment firms, stood at 42.71 per cent, it fell to 38.39 per cent on Tuesday.
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.
The development comes at a time when Eveready is on the lookout for strategic investors, including a possible stake sale in its battery business.
With a substantially weakened Left Front and the Congress, political observers say the anti-Trinamool vote will go to the BJP.
Over the past year, McLeod sold 21 gardens in India, reducing almost 32 million kg in production.
The once ailing Saregama is getting its mojo back. Bolstered by Carvaan, a portable digital audio player that turned out to be a disruptor, the company has chalked out an aggressive growth path. In an interview with Avishek Rakshit and Ishita Ayan Dutt, Sanjiv Goenka, bottom, chairman of RP-Sanjiv Goenka Group, talks about a road map, which includes taking Carvaan to the next level, launching more films on OTT platforms and getting back into Hindi film music production after a decade.
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.
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.
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.
'I can snap my fingers and get 1,000 people overnight, but I can't guarantee that they will develop because there has been zero change in education in the country in the last nine years.'
The company has already put in place this digital register in Jaipur in Rajasthan and pilot projects are running in Haryana and Telangana
'We are certainly open to inorganic opportunities to grow.'
After the Google investment, the company's monthly transactions have spiralled up from 65,000 to nearly one million in just a year. According to reports, the start-up is in fresh talks to raise about $6 million from investors, including Google, says Samreen Ahmad.
One of the oldest living brands in the country, Horlicks has been innovative in its approach, which helped it survive intense competition
The investor has now put together a fund of $3.75 billion to back private companies.
Yulu founder Amit Gupta believes bicycle sharing is the next big thing.
'She was the unanimous choice of the search-cum-selection committee.'
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.
ITC will also launch paneer shortly and is also working on cheese and Tetra Pak milk
Swiggy had in June entered the elite Unicorn club after raising $210 million from a group of investors
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