Maturity extension for redeemable preference shares stuck due to lack of directions in FDI rules.
Acceleration in demand, together with marginal price hikes of about 2-3 per cent by cement companies in the October-December quarter (third quarter, or Q3) of 2022-23, may not be enough to cushion the impact of high input costs on the bottom line, reveal Bloomberg consensus estimates for the quarter. Year-on-year (YoY) net sales growth in Q3 will come in at nearly 7 per cent, shows Bloomberg data, while bottom-line growth will show a sharp decline of 25 per cent from a year ago. The earnings before interest, tax, depreciation, and amortisation (Ebitda) will likely decline by nearly 5 per cent versus a year ago, shows data.
India's exports recorded a flat growth of 0.59 per cent to $31.99 billion in November, even as trade deficit widened to $23.89 billion during the month, according to the data released by the government on Thursday. Exports stood at $31.8 billion in November last year. Imports rose by 5.37 per cent to $55.88 billion in November as compared to $53.03 billion in the corresponding month a year ago, the data showed. During April-November 2022, exports rose by 11 per cent to $295.26 billion as against $265.77 billion in the same month last year.
By refusing to follow the pack and remain politically correct, Aamir Khan has paid a price. A fascinating excerpt from Shobhaa De's new book, Insatiable.
When the world was upended by the Covid-19 pandemic, metals got its shine back. In the last two years, infrastructure spending by major economies spurred demand, energy transition and intermittent supply disruptions fuelled a scorching rally in metals after a downturn during the first Covid wave. Now, Russia's war on Ukraine is ensuring that elevated prices stay the course.
'You've to wait for the correct project and the right character.'
Beverages major, Coca-Cola India, will use the might of Mumbai dabbawallas to lure customers to sample its orange juice drink, Minute Maid Pulpy Orange.
Global soft drink giant Coca-Cola has made a pre-merger filing with the US anti-trust regulators regarding a possible acquisition of energy drink maker Glaceau, in which India's Tata Group holds a 30 per cent stake.
Coca Cola has launched a communication programme for 2007 summer based on the theme Sabka Thanda Ek.
'Sex is such a healthy thing that your first encounter with it should be good, otherwise it scars you for life, it disturbs you for life.'
India's merchandise exports in June rose by 16.78 per cent year-on-year to $37.94 billion while the trade deficit ballooned to a record $25.63 billion on account of a steep increase in gold and crude oil imports, according to the government's preliminary data released on Monday. The export growth in June moderated from 20.55 per cent in May and 48.34 per cent in June 2021. During the month under review, exports of engineering, pharmaceutical and plastic products recorded negative growth.
Exports in June rose by 23.52 per cent to $40.13 billion while the trade deficit ballooned to a record level of $26.18 billion mainly due to jump in gold and crude oil imports, the government data said on Thursday. The country's export growth in May was 20.55 per cent. Imports expanded by 57.55 per cent to $66.31 billion in June compared to the year-ago month, the data showed.
Despite the onslaught of international brands -- Coke and Pepsi -- the fizz has not gone out of India's very own cola brand, Surajeet Das Gupta.
It is also testing a concept sourced in Australia, storing local fruit in an ice dispenser, freezing it and offering it to consumers as a sorbet without any artificial sweeteners or flavours.
The Perumatty panchayat in Palakkad district in Kerala, which had last week issued a licence to multinational beverage company Coca Cola to operate its Plachimada plant for three months, on Monday rejected the cola company's request to operate for tw
In a rebuff to Coca Cola's plan to reopen its plant at Plachimada near Palakkad in Kerala, the Perumatty Panchayat has rejected the soft drink company's application to renew its licence on the basis of the Kerala High Court order permitting it to dra
Coca-Cola's sports-loving CEO on the strategy that has helped him steer the soft drinks giant out of various crises.
The company is also focusing on its Georgia tea and coffee brand. The company recently launched energy drink 'Burn' in selected markets of Delhi, Goa, Mumbai and Bangalore. Singh said India was a strategic market for Coca Cola.
How expensive was this 'picture of the century'?
Salim Durani was the 'people's man', whose impact can never be quantified by the 29 Test matches that he played over 13 years between 1960 to 1973, or the 1200-plus runs he scored and 75 wickets he took with his mean left-arm spin.
Ms Marvel has some super heroic stuff and emphasises that there are no limitations from one's religion if one wants to follow one's dream, applauds Saarah Aslam.
India's merchandise exports in November rose by 26.49 per cent to $29.88 billion on account of healthy growth in sectors such as engineering, petroleum, chemicals and marine products, according to provisional data released by the government on Wednesday. The exports stood at $23.62 billion in November 2020. Imports in November were at $53.15 billion, an increase of 57.18 per cent over $33.81 billion in the same month of 2020, leaving a trade deficit of $23.27 billion.
After extricating five bodies from an abandoned coal mine in Jharkhand's Dhanbad district, government authorities and the Eastern Coalfields limited Wednesday called off the rescue operation, while locals and leaders of political parties claimed more people were still trapped under the debris.
In order to keep the interest of new and small players intact, the coal ministry is offering only small- and medium-sized coal mines in the second round.
Soft drink major Coca Cola said on Tuesday it will launch a new advertisement campaign from Wednesday as part of its marketing communication strategy for 2007.
The imposition of 15 per cent export duty on steel has suddenly altered the prospects of the sector to negative and led to a big sell-off in steel stocks. Iron ore and pellet exports have to face duties of 45-50 per cent, which means they become uncompetitive. The Ukraine war has led to a supply crunch in global markets and pushed up prices, with Europe, in particular, looking for replacements for Ukrainian and Russian exports.
PepsiCo will file a petition in the Kerala high court on Friday challenging the Kerala government's August 11 order banning the sale of some of its products in the state.
Pledging support to anti-Cola struggles, former Union Minister George Fernandes demanded the permanent closure of the Coca Cola plant at Plachimada in Kerala's Palakkad district.
PepsiCo said on Monday its long-term investment plans for India would not be affected by the pesticide-in-cola controversy that prompted several state governments to ban its products.
Do you agree with our lawmakers that consuming cola is nothing short of slow poisoning?
The Centre for Science and Environment on Wednesday came out with a fresh study claiming the presence of 'pesticide cocktail' in 11 brands of soft drink giants Coca Cola and PepsiCo.
Village panchayat unanimously passed a resolution declaring it would not allow the MNC to go ahead with its plans.
As soon as the House met at 2 pm, papers were laid on the table and two resolutions adopted amid slogan shouting and protest by Congress members.
Fantastical musical moments from the International Jazz Day concert in Mumbai.
The Bombay High Court on Wednesday stayed the order of income tax authorities attaching bank accounts of Coca-Cola for recovery of outstanding tax dues to the tune of Rs 77 crore.
Brand Finance, headquartered in London, first issued its global report into the relative equity of the 250 top global brands back in 2007.
This means, Coca-Cola group will no longer bottle and market any of its beverages in the country.
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