'I remain optimistic that 2021 will be better than 2020 because we have visibility of vaccinations this year.'
Some companies argue that the culture of staying, working and learning at home will persist for a while, altering lifestyle habits of consumers.
Durable goods companies and retailers say online sales won't compensate for the fall in offline sales.
Maharashtra, which contributes between 12 and 15 per cent of appliances sales, announced lockdown-like curbs, meaning there will be no business for the second half of the month as well from the state.
'Post-Covid world will be different from the pre-Covid world.'
According to the order, all factories producing essential goods and services will remain operational at full capacity.
Employees of some top Indian companies were in for a pleasant surprise when they received a mail from their HR team announcing a hike in salaries and bonuses. Led by IT firms and start-ups, HR managers say that while some have offered cash and stock options, others are in a wait-and-watch mode and add the trend will pick up in other sectors. For example, IT giant Cognizant - which had an attrition rate of 19 per cent in the December quarter - has established a $30-million employee retention fund in order to bring down the high attrition rate.
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.
About 7 per cent was priced between Rs 3 crore and Rs 5 crore, 22 per cent priced between Rs 5 crore and Rs 8 crore, and 15 per cent above Rs 8 crore.
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.
'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.
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.
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.
Warehousing and logistics segment has been among the most resilient asset classes in the pandemic.
Although residential sales faced a major set back in Q2, they made a comeback with help of pent up demand.
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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