This could be the first instance when a consumer goods company would move court against NAA. The confrontation began after the government cut tax rates on over 175 items like toothpaste, shampoo, shaving cream and washing powder to 18 per cent from 28 per cent.
After news of KV Kamath stepping down as the non-executive chairman, Infosys is on the hunt for filling up the post.
After 42 years at Hindustan Unilever (HUL) and different roles across Unilever's global operations, Harish Munwani, 65, retired as HUL's non-executive chairman. A day before Manwani bid adieu at HUL's 85th annual general meeting on Friday, he spoke to Viveat Susan Pinto & Vishal Chhabria on what kept him going at the firm and the challenges that await HUL.
Most listed corporate entities in the country are in a fix. With the sudden declaration in late March of a nationwide lockdown to tackle the Covid-19 pandemic, the final calculations of their financial results for the year 2019-20 (FY20) are hanging in limbo. Till April 19, only 41 of the 3,947 companies listed on the BSE have managed to finalise the dates for the declaration of their yearly financial results.
Spends by e-commerce players have now touched Rs 1,000 crore.
Companies in the FMCG space are increasing their focus on herbal and ayurvedic category in India
The four 'gaushalas' or cow shelters will work on improving productivity of Indian cows up to 10 times
Despite a slowdown, HUL introduced products such as Tresemme and Magnum into the Indian market
The upgrade, said Icra, takes into account the "robust internal accrual generation, leading to low reliance on debt, as well as gearing levels, and strong debt protection metrics".
The oralcare major has kept its ears firmly to the ground, pushing products into the hinterland and is holding fort in urban India with innovation for continued volume growth.
India will be the global host this year for World Environment Day, with the theme "Beat Plastic Pollution".
The benchmark Sensex gained 4,642.84 points, or 16.%, while the broader NSE Nifty surged 1,572.85 points, or 18.20% during this period.
The biggest challenge is crude oil's sustained rally - it is nearing $80 a barrel - stoking inflationary pressures and consequent price hikes in the sector.
Nearly 150 companies visited the campus this year.
He believed in investing in companies with strong cash flows
There were 52 launches during January-June 2015, compared with 29 in the year-ago period and 32 in 2013.
What stocks will gain from a normal monsoon?
The entire series consists of the shorter format of cricket, which draws more audiences.
While Unilever has been aggressive, both organically and inorganically in the country, P&G's approach has been about achieving 'balanced growth' in terms of top line and bottom line.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
@015 may be a good year for FMCG firms.
The market breadth, indicating the overall health of the market was strong
Investors booked profits in recent gainers
The e-commerce firm recruited 18 post graduate students.
The broader NSE Nifty dipped below the 10,200-mark to hit a low of 10,180.25 before ending at 10,195.15, down by 165 points, or 1.59 per cent.
While the brand did step into cities such as Delhi in the last few years, it is now stitching up an expansion strategy aimed at partaking of growth in areas where consumption of ice cream remains strong.
Top corporates have paid more advance tax in second quarter this year.
For the traditionalists, wars on Twitter and Facebook smack of immaturity.
Sensex in green, JSW climbs higher.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
Adani Ports, HUL and L&T gained the most, while ICICI Bank, ONGC, GAIL and Tata Steel lost the most
'We can only hope that the government has finally 'got it' and will stay focused on improving productivity, demand, and governance,' says Debashis Basu.
Ban on high-value currency sends advertising industry into a tailspin.
Markets at close: Sensex ends in green; Nifty rises to new closing peak.
'After multiple days of losses, any relief rally is welcome. However, the trend hasn't changed.'
With India contributing only 2% to its revenues, the multinational is focusing more on key markets like the US and China.
Navil Noronha stepped out of the shadows to address the media for the first time during the company's recent IPO.
Quite a few large- and mid-cap stocks are yet to recover from the note ban, pharma, banking and rural demand-based industries among laggards.
A strong set of industrial output numbers for January provided the perfect backdrop to reap more dividends, with the IIP having expanded 2.7 per cent year-on-year.
Talks on with P&G, HUL, Patanjali, among others to push their products via 250,000 common centres
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