FMCG major HUL on Friday announced the appointment of Rohit Jawa as the managing director & chief executive officer to succeed Sanjiv Mehta who will retire from the company after leading it for a decade. Jawa, presently the Chief of Transformation for Unilever, would take over the leadership role for a term of five consecutive years with effect from June 27, 2023, the company said in a statement. "The appointment of Rohit Jawa as a whole-time director and MD & CEO will be subject to approval of Shareholders and other statutory approvals as may be applicable," it added.
Offline retailers are feeling the Omicron January chill as consumers are apprehensive about venturing out in the midst of rising Covid cases across the country. Covid restrictions, as well as concerns over the new virus variant, are seeing shoppers pull back from the high streets and shopping malls, clearly cautious about streaming into stores and choosing to self-censor instead. Offline retailers' hopes of a bumper End-Of-Season Sale (EOSS) and Republic Day (R-Day) Sale to compensate for losses over the pandemic have been dashed. Fewer trips to malls mean lower footfall and sales, resulting in higher piling of stock - and possibly higher discounts.
Target prices around Rs 400 suggest a significant upside.
The world champions crashed out of the Euros last year at the round of 16 stage after losing to Switzerland.
At an event to announce ICC's partnership with MRF Tyres ahead of the World Twenty20 Championships in India between March and April, Tendulkar spoke about how the format has revolutionised the game. "T20 has changed the dynamics of cricket, the way it is played. For example, nobody thought that batters could play reverse sweeps off fast bowlers to short third-man stands. "It has changed cricket big time," Tendulkar said at the launch of the four-year partnership. "Spectators also enjoy watching T20. I believe it is a lighter format for someone who is not familiar with the game. It is the right dosage of cricket and excitement.
Shivani Shinde reports. The youngest member of the Tata group, the much-awaited Tata Neu, has finally been launched for people across the country. The 'super app' offers a number of services ranging from financial services to tech, travel and even groceries. The app takes off with a customer base of 120 million, with 2,500 offline stores. According to the Tata group, the app will be a one-stop destination for all consumer needs. The super app also offers a bouquet of financial offers like Unified Payments Interface (UPI), bill payments, loans and insurance. Tata Neu will also provide other services like fashion, gadgets, groceries, travel and health.
It's raining disaster movies on OTT this week. But that's not all.
IPL 2020 was the first sports tournament to surpass 400 billion viewing minutes.
Soon-to-be-six Ziva and her soon to be 40 daddy will promote a brand of Oreo biscuits.
Hershey's plans to raise its India presence and introduce some of its global brands, beside looking at more manufacturing facilities here.
From Saha joining the saffron party in 2016 to being made chief minister last year in a brand renewal exercise last year, it has been a short but upward journey for the 69-year-old dental surgeon-turned politician.
With India's communication needs outstripping neighbours', companies are finding it easier for campaigns to be either based out of or outsourced to Indian agencies.
It's addictive. It's entertaining. It's gorgeous. Once bitten by the K-drama bug, there's no going back.
'India's edtech and start-up story will be in danger.'
They may not be big brands but they definitely have rich features that are in great demand today. Here's a sneak peek at these gems.
How athletes have strived for achieving greatness during extraordinary times.
'I think if you look at the results, we've just missed out when we are chasing those big totals. We have managed to get so close, but they are the ones that hurt you.'
By 2025, Uber projects that 25,000-30,000 cars -- or 12 to 16 per cent of vehicle additions -- would be EVs, reports Surajeet Das Gupta.
Who'd in their right minds would ever say no to seeing this stunner on the ramp more?!
England's hopes of reaching the semi-finals would suffer a heavy blow if the Brisbane weather refuses to play ball.
Fighting fake brand peddlers. How the complex web of counterfeit goods threatens to trip e-commerce giants in the country.
Ace stock market investor Rakesh Jhunjhunwala, often referred to as India's own Warren Buffet, passed away at the age of 62.
The Meridian feels comfortable and upright with the quality of gadgetry, interiors and plastics expected from an international brand car. However, it lacks the overall premium-ness that may come with a top-end Japanese car or even a mid-range German car, says Pavan Lall.
Shares of companies having investments of late billionaire investor Rakesh Jhunjhunwala ended on a mixed note on Tuesday. The 62-year-old investor, who was known as the Big Bull and Warren Buffett of India for his investment acumen, passed away on Sunday. Jhunjhunwala had investments in more than three dozen companies, the most valuable being watch and jewellery maker Titan, part of the Tata group. Titan ended 0.88 pe cent higher at Rs 2,493.65.
Black Friday sales in India received a good response as brands dropped their prices making customers queue up outside stores where discounts were steeper. Discounts were offered both online and offline. Most of the international brands in India offered discounts under the Black Friday Sale banner. The Black Friday Sale started in the US on the Friday after Thanksgiving Thursday. The day typically marks the beginning of the Christmas shopping season ahead of the festival.
Raina feels the left-handed Rishabh Pant could be the X factor for India alongside Hardik Pandya
Cosmetologist Aditi Rajpure lists out five butt problems and their solutions
People can take a closer look at the 911 Turbo S and 911 Turbo S Cabriolet at the Geneva Motor Show in March this year.
Anoushka Chauhan from Dehradun talks about her modelling journey.
'Co-living is a phenomenon that is bound to strike the right chord with young people everywhere and India will lead the charge as the testing ground for all such ideas.'
Company aims to build five Rs 100 cr-plus brands and launch products from South African arm in domestic market
'The pride of the devoted Seinfeld fan is that he happens to love a show that doesn't take his love for granted, so that even on repeat viewings he is never really sure what directions an episode might take,' observes Sreehari Nair.
What will your pick be from OTT this week?
Shanaya Kapoor is Maheep and Sanjay Kapoor's daughter.
How Shibani Bhagat plans to rewrite the rules of the Indian sneaker business.
All those who spend a lot of time on the road, gear up your cars with these Road Warrior essentials, spanning GPS navigation systems, in-car sound systems and Bluetooth devices.
'During this dry despondent period I understood that I needed to do something extraordinary to get the focus of people on me and my music.' 'I worked and worked and composed Munni badnaam hui.'
A hotel in 1975, entry into paperboards in 1979, India's dominant cigarette maker, ITC, read the tea - or tobacco - leaves early, leveraged its enterprise strengths and stepped up the diversification agenda to create multiple drivers of growth. Some failed, some faltered, some were transformational, adding steadily to the top line. Now those efforts are making a difference: margins from non-cigarettes - FMCG, hotels, agri, paperboards, paper and packaging - are expanding and profits are kicking in more significantly than ever before.
First, the industry is hoping for brisk business, as, according to projections there will be normal monsoon. Secondly, it is relieved at the fall in import of cheap umbrellas from China which had dented the domestic market for several years.
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