Attractive pricing coupled with improving prospects make the offer lucrative
Telecom companies (Airtel, Vodafone, ABNL-via Idea Cellular), which enjoy larger reach, appear to be better placed among the key companies bagging payments bank licences.
The present ruling also has a bearing on Nestle's Maggi noodles.
Domestic food companies, too, continue to bet on packaged foods.
In many respects, the Nestle-FSSAI tussle is a test case for regulator-company relations in India. Maggi ban and the ensuing courtroom drama is a study in itself
The road ahead is not expected to be easy for one of India's best-loved brands.
The rupee's slide to a two-year low will impact consumer durables and electronics companies, as the import content in their products tends to be high
Nike has about 400 stores in India.
A 150 basis points fall in realisations too weighed on the top-line.
Bloomberg estimates revenue at Rs 25,328 crore, up 4.6per cent sequentially and EBITDA margin of 27.2per cent
Labels such as 'No added MSG' could be removed from the new packs.
Nestle, for the record, does not give a break-up of its exports.
Nestle was perceived as being feeble in its defence.
He wants to transform his retail-led enterprise into a consumer goods giant, and reach Rs 1 lakh crore in turnover by 2021, but is that feasible?
It takes 6 to 8 months after the approval for a product to hit stores.
Samples of Mother Dairy milk last week were found to be contaminated.
Nestl is facing its worst crisis ever. Can it learn from its peers?
Entrepreneur Sanjeev Juneja made Keskinga hosuebrand.
Row also provides an opportunity for key competitor ITC (Yippee noodles) to step up market share in the prepared dishes segment
The move follows an arrangement with the dept of consumer affairs.
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