'We are working in association with the state government and other transmission companies to make sure that the city never experiences blackouts'
The move is significant since it signals the growing importance of foods in Marico's overall strategy. It also comes six months after Marico stepped into honey, a Rs 1,500-crore category dominated by players such as Dabur.
The pandemic caused construction delays at its ongoing projects due to several factors such as lockdowns enforced by government agencies, work-stoppage orders, disruptions in the supply of materials and shortage of labour resulted in failure to meet development milestones.
IPL 2020 was the first sports tournament to surpass 400 billion viewing minutes.
Increase in occupancy will pave way for Hindi blockbusters to release, say multiplex operators.
60-65 per cent of the FMCG industry's overall sales come from urban areas; 35-40 per cent from rural areas.
CEOs expect to finish the ongoing March quarter with positive growth as the corporates get back to work in full strength.
The palace, currently run by JLR, will be offered to bidders on a long-term management contract.
'There is pent-up demand for cricket after last year when no tournaments were played on Indian soil due to the pandemic.'
Organised players have been the biggest beneficiaries after the lockdowns were lifted. Given real estate is not as expensive now, players want to take advantage of the trend.
When the third round of bids was opened, Oaktree's offer was the highest, but with several riders. While Piramal offered higher upfront cash and offered to merge its financial business with DHFL, Adani was ranked third in the race, reports Dev Chatterjee.
Most of the hirings are, however, in the entry or junior level.
While asking firms not to worry about sharp volatility in prices, Birla said companies must make sure they do not get caught in 'comorbidities'.
Sebamed's campaign for its cleansing bar of the same name, released across print, television, digital and outdoor, has also named Santoor, a popular soap brand from Wipro Consumer Care.
Besides low interest rates, a reduction in active Covid cases and strong high-frequency macro data have lifted the sentiment of both corporate India and the stock markets.
The venture, they said, would focus on technology and media opportunities in emerging markets. Industry sources said the focus would be on digital media, with India being the big driver.
For the AI bid, Interups has joined hands with a few employees of the airline, and plans to raise funds by splitting some of its infrastructure-related assets into an aviation InvIT, which will have underlying assets such as air routes, ground handling, repairs, and training etc.
The company expects Bournvita Crunchy to strengthen its presence in the cookie segment.
The government will set up a centre of excellence for visual effects and gaming with help from the Indian Institute of Technology-Bombay.
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