'The DNA of Tata Consumer Products is all food and beverage.'
'We realised that partnering with a strong local player like the JSW Group would create far greater value than going it alone.'
'The retail business was somewhat slow initially, but it has picked up over the past seven to eight days. Following Makar Sankranti, there is a renewed sense of positivity.'
'We've maintained that India is a high-penetration game. It's not only a premiumisation game.'
'Although currently, urban areas contribute more to growth than rural, there is no reason why rural areas should not contribute.'
Some of the leading, most cutting-edge, designs in India take inspiration from Indian culture and history.
'All competitors are sourcing within the country, so we'll be at the same level of competition.'
'That combination of a rising economy, a growing middle class, and a deepening love of diamonds and jewellery is what we see really doubling the market for diamonds over the next five years.'
'Only 20 per cent of families in India buy cheese twice once a year.'
'Food inflation is important and if that is controlled, then consumption will go up.'
'Customers flocked to purchase gold in large numbers during the event.'
Temasek is nearing a deal to acquire a 10% per cent stake in Haldiram Snacks Foods, valued at $10 billion.
'Bilateral trade has suffered seriously because of the growing unrest.' 'There is a standstill on both sides amid the curfew.'
'Election funding needs a little more transparency.'
'In staples, we have still managed in rural areas.'
'Our target will come from rural areas as there are more outlets there.'
Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.
'We are seeing signs of improvement in rural overall in terms of demand, but I would still keep my fingers crossed.'
'Will make sure that we create value. We will again look for organic and inorganic opportunities.'
'A weak monsoon always spells disaster. But it's too early to have a pessimistic view.'
'We expect exports to touch Rs 1,000 crore by the end of the year.'
Recently, South Korean Foreign Minister, Chung Eui-yong, dialled his Indian counterpart, S Jaishankar, in New Delhi. His government, he said, "regretted the offence caused to the people of India". A day earlier, India had summoned the South Korean ambassador to express its "strong displeasure" over "an unacceptable social media post".
Unprecedented rains and floods in the northern region in the past few days have not only caused extensive damage to lives and property but have also impacted business and commercial establishments. Vegetable prices have gone through the roof in the national capital and many other parts of the country since rains started pouring earlier this month. Traders say vegetable prices would come down only after roads open and skies clear, even as water in the fields will take time to recede.
83% of the CEOS plan to hire more in the new year.
With the dizzying rise in the number of Covid-19 cases in the country, India Inc has transitioned from a wait-and-watch policy to full-on emergency mode, bringing back remote and flexi work, stringent safety protocols, and allowing only essential travel. Companies - especially in metros like Delhi, Mumbai and Kolkata - that had adopted a hybrid work model during the last few months when the caseload remained low, are either switching back entirely to work-from-home (WFH), or calling skeletal staff to office on select days. Take the case of cigarettes-to-hotels major, ITC, which had been on a hybrid work model over the last few months.
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