News for 'Global Consumer Group'

Want to invest? Tips from a Master

Want to invest? Tips from a Master

Rediff.com6 Aug 2020

'Investors need to diversify at least 30% to 50% of their liquid wealth across different markets, asset classes, and instruments across the world.' 'Do this with proper guidance and advice.' 'Global investing is complicated, but if done right, is extremely rewarding.'

Covid-19 impact: Textile, paint makers roll out antiviral layer to ads

Covid-19 impact: Textile, paint makers roll out antiviral layer to ads

Rediff.com24 Nov 2020

Almost each of these companies has a different technology to show for the effectiveness against microbes.

The $30 bn Sale & Leaseback of India's Internet Economy

The $30 bn Sale & Leaseback of India's Internet Economy

Rediff.com23 Jul 2020

India's Internet economy has two choices: An immediate $30 billion Sale-and-Leaseback or a $3 trillion value harvesting over decades, observes Vibhu Arya.

Is A Vaccine Booster Needed?

Is A Vaccine Booster Needed?

Rediff.com20 Dec 2021

'There is no emergency of a third wave that we are rushing for booster doses.'

Reliance buys controlling stake in Just Dial for Rs 3497 cr

Reliance buys controlling stake in Just Dial for Rs 3497 cr

Rediff.com16 Jul 2021

RRVL will make an open offer to acquire up to an additional 2.17 crore equity shares of Just Dial, representing 26 per cent stake, in accordance with Sebi Takeover Regulations, a regulatory filing said.

Ask MF Guru: 'How to make 15% returns in 5 yrs in MFs?'

Ask MF Guru: 'How to make 15% returns in 5 yrs in MFs?'

Rediff.com27 Oct 2021

'I started reading your MF articles regularly so requesting your guidance as I would like to start investing in MFs'.

TCS' market capitalisation touches all-time high of Rs 12 trillion

TCS' market capitalisation touches all-time high of Rs 12 trillion

Rediff.com15 Jan 2021

Currently, TCS is India's second most valuable firm after Reliance Industries, which has a market cap of nearly Rs 12.9 trillion.

Shoppers Stop junks 'one-size-fits-all' strategy; readies new plan to boost growth

Shoppers Stop junks 'one-size-fits-all' strategy; readies new plan to boost growth

Rediff.com9 Dec 2019

The store segmentation approach that Shoppers Stop is taking is intended to improve its hit rate at a time when local and international fashion retailers are crowding the market with new merchandise across price points.

Why foreign car-makers are betting big on track car models

Why foreign car-makers are betting big on track car models

Rediff.com2 Sep 2021

Mercedes-Benz, Ferrari, Porsche and Lamborghini are some marquee badges that have introduced track cars to excite hard-core customers who want to push their cars to the limit, says Pavan Lall.

Silver Lake picks 1.75% stake in Reliance Retail for Rs 7,500 cr

Silver Lake picks 1.75% stake in Reliance Retail for Rs 7,500 cr

Rediff.com9 Sep 2020

This marks the second billion-dollar investment by Silver Lake in a Reliance subsidiary after the $1.35 billion investment in Jio Platforms.

Budget 2021: Experts waiting for a debt management road map

Budget 2021: Experts waiting for a debt management road map

Rediff.com22 Jan 2021

There are various estimates of India's debt to GDP ratio, but the consensus is that that it would be over 80 per cent at the end of the current fiscal year.

Mukesh Ambani bats for data privacy, cryptocurrency bills

Mukesh Ambani bats for data privacy, cryptocurrency bills

Rediff.com3 Dec 2021

Billionaire Mukesh Ambani on Friday backed the proposed data privacy and cryptocurrency bills, saying India is putting in place the most forward-looking policies and regulations. Ambani, who has been a votary of Indians owning and controlling their own data and the nation drafting strict rules around how digital information is stored and shared, said nations have the right to build and protect strategic digital infrastructure. Stating that data is the 'new oil', he said every citizen's right to privacy has to be safeguarded. "India is putting in place the most forward-looking policies and regulations," he said at the Infinity Forum, hosted by International Financial Services Centres Authority (IFSCA).

De Beers chief on the future of diamond trade in India

De Beers chief on the future of diamond trade in India

Rediff.com20 Apr 2018

Despite various challenges, the past year was a good one, says Bruce Cleaver, chief executive officer of the De Beers Group, the global corporation that has been the leading one in all aspects of the diamond trade for over a century.

India's growth potential at 6.5-7%: S&P

India's growth potential at 6.5-7%: S&P

Rediff.com12 Jun 2020

Days after keeping India's rating at lowest investment grade for 13th year in a row, the rating agency in a webinar said despite the contraction in GDP this year, the country continues to be an outperformer among the peer groups.

Did you know that an average Indian spends 2.2 hrs a day on phone?

Did you know that an average Indian spends 2.2 hrs a day on phone?

Rediff.com20 Nov 2015

Average millennial (aged 16-30 years) in India is spending about 2.2 hours a day (or about 34 days of a year) on their mobile devices, says a report by global research consultancy firm TNS.

With Ambani upping the ante, Jio looks to dial disruption 2.0

With Ambani upping the ante, Jio looks to dial disruption 2.0

Rediff.com11 Sep 2020

Jio's global partnerships took shape this year when Jio Platforms, a 100 per cent subsidiary of Reliance Jio which has invested in various digital platforms, was able to woo a bevy of marquee investors: Facebook, Google, Qualcomm, Intel, and a numerous PE funds.

How Tech Mahindra plans to use 5G to boost revenue

How Tech Mahindra plans to use 5G to boost revenue

Rediff.com25 Mar 2019

Tech Mahindra is building 5G use cases with US-based hospitals to help manage devices remotely and eventually manage remote surgeries that will require seamless network connectivity.

Debt exposure remains a big risk for infra king Gautam Adani

Debt exposure remains a big risk for infra king Gautam Adani

Rediff.com8 Sep 2020

Unlike RIL, the Adani group has not yet brought in any big stakeholders to refinance debt or expand.

'Amazon has an outsize impact on India'

'Amazon has an outsize impact on India'

Rediff.com3 Jul 2021

'We are having an outsize impact not only on the lives of the customers and livelihood, but also the economy of India.'

Why e-commerce policy may not take shape this year

Why e-commerce policy may not take shape this year

Rediff.com26 Sep 2018

The final policy may be out only after formation of the new government, according to sources

Despite its FMCG push, for D-Street ITC is still a tobacco play

Despite its FMCG push, for D-Street ITC is still a tobacco play

Rediff.com20 Jun 2021

Most of the changes have come about in the last four years and ITC is now reaping the dividends - standalone revenues from the non-cigarettes FMCG business have grown 40 per cent from FY17 to Rs 14,728.21 crore in FY21 and pre-tax profits 30 times to Rs 823.69 crore. The business accounted for 30.58 per cent of gross revenues and 4.85 per cent of pre-tax profits in FY21. "In the last four years, our margins in FMCG have gone up by 640 basis points (bps) and EBITDA margins have been moving up consistently. "We created levers that enabled a sustained growth trajectory," said ITC chairman and managing director Sanjiv Puri. Puri took charge as the chief executive officer in 2017; in 2018, he was redesignated managing director and effective May 2019, he became chairman.

Ola to launch e-scooter in July

Ola to launch e-scooter in July

Rediff.com22 Apr 2021

Ola Electric on Thursday said it will bring its electric scooter to the Indian market in July this year, and is working on setting up a 'Hypercharger Network' to include one lakh charging points across 400 cities. Last year, Ola had announced a Rs 2,400 crore investment for setting up its first electric scooter factory in Tamil Nadu. Upon completion, the factory will create nearly 10,000 jobs and will be the world's largest scooter manufacturing facility that will initially have an annual capacity of 2 million units.

Walmart, Gap supplier factory workers exploited in India

Walmart, Gap supplier factory workers exploited in India

Rediff.com1 Jun 2016

Some workers in India were also make to work on Sundays and national holidays "in sweltering heat, without adequate supply of clean drinking water or any breaks".

Want to know how Indians spend their money? Read on...

Want to know how Indians spend their money? Read on...

Rediff.com14 Feb 2012

Indian consumer market is poised to grow 3.6 times between 2010 and 2020, faster than most other emerging markets.

'Bad behaviour will surface, it will show'

'Bad behaviour will surface, it will show'

Rediff.com30 Apr 2021

'The biggest advantage a company has in today's day and age is its reputation.' 'When something of this nature takes place, their reputation takes a beating.'

What Adani is doing to prevent Mumbai's power outage

What Adani is doing to prevent Mumbai's power outage

Rediff.com26 Feb 2021

'We are working in association with the state government and other transmission companies to make sure that the city never experiences blackouts'

Daughter rises at Godrej flagship, Adi hands over baton to Nisaba

Daughter rises at Godrej flagship, Adi hands over baton to Nisaba

Rediff.com9 May 2017

Adi Godrej, 75, will become chairman emeritus after leading the company for 17 years as Nisaba, currently executive director of the company, assumes the new role of executive chairperson at Godrej Consumer Products on May 10, 2017.

After Rajasthan, petrol crosses Rs 100-mark in Madhya Pradesh

After Rajasthan, petrol crosses Rs 100-mark in Madhya Pradesh

Rediff.com18 Feb 2021

After Rajasthan, petrol price on Thursday crossed the Rs 100 per litre mark in Madhya Pradesh after fuel rates were increased for the tenth day in a row. Petrol price was hiked by 34 paise per litre and diesel by 32 paise, according to a price notification of state-owned fuel retailers. While branded or additive-laced petrol, which attracts higher taxes, had crossed the Rs 100-mark in some places in states like Maharashtra, Madhya Pradesh and Rajasthan, regular petrol crossed the physiological mark in Sriganganagar town of Rajasthan on Wednesday, and on Thursday it went past that mark in Madhya Pradesh. In Anuppur of Madhya Pradesh, petrol is priced at Rs 100.25 per litre and diesel at Rs 90.35. Fuel prices differ from state to state depending on the incidence of local taxes such as VAT and freight charges.

Textile firms get ready to stitch 'anti COVID' clothing line

Textile firms get ready to stitch 'anti COVID' clothing line

Rediff.com1 Aug 2020

To cater to the antiviral fabrics and antimicrobial segment, almost all the Indian big textiles brands, including Reliance, Arvind, Aditya Birla, Donear Group, Raymond, and Siyaram have entered the market. Companies started their journey with reusable masks and PPE kits, and today, they are offering a range of PPE clothing along with fashion and casualwear.

Ola S1 scooters launched, prices start at Rs 99,999

Ola S1 scooters launched, prices start at Rs 99,999

Rediff.com16 Aug 2021

SoftBank-backed Ola Electric took the wraps off its maiden e-scooter offerings -- Ola S1 and S1 Pro -- for a commercial launch on Sunday. With prices starting from Rs 99,999 (excluding state government incentives, registration fee, and insurance cost), the Bhavesh Aggarwal-founded firm said the e-scooters are designed and engineered in India for the world and will deliver the best scooter experience to the consumer. He suggested that after 2025, sale of petrol-powered two-wheelers should not be allowed.

Companies that made shareholders RICH

Companies that made shareholders RICH

Rediff.com18 Jan 2018

The one common theme across companies that have rewarded shareholders is consumption.

China's population at 1.41bn, may begin to decline by 2022

China's population at 1.41bn, may begin to decline by 2022

Rediff.com11 May 2021

China's birth rate has been in decline since 2017, despite easing of the 'one-child policy' in order to avert an incoming demographic crisis.

G20 plans major investment initiatives in countries like India

G20 plans major investment initiatives in countries like India

Rediff.com17 Nov 2014

The G20 has cited India among other countries for launch of major investment initiatives and for having a sustainable growth.

India Inc more vulnerable now than in recession of 2008

India Inc more vulnerable now than in recession of 2008

Rediff.com14 Apr 2020

Profitability and cash reserves have halved since the global financial crisis.

MFs To Help Achieve Your Family Goals

MFs To Help Achieve Your Family Goals

Rediff.com15 Feb 2022

Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.

What I learned from my virtual internship with Samsung

What I learned from my virtual internship with Samsung

Rediff.com23 Jun 2020

'Despite being limited to my house, I was able to interact with a diverse set of people, to try and understand consumer behaviour.'

TikTok goes completely offline in India

TikTok goes completely offline in India

Rediff.com30 Jun 2020

The ban in India would hit Chinese internet companies that were making headway in the world's fastest-growing mobile market.

Mahindra, Ford to jointly develop SUVs, electric vehicle

Mahindra, Ford to jointly develop SUVs, electric vehicle

Rediff.com26 Mar 2018

Mahindra group and Ford Motor Co will jointly develop new SUVs and a small electric vehicle as part of several initiatives to take forward their collaboration pact signed last year.

Deal Street dazzles thanks to Reliance's equity divestment

Deal Street dazzles thanks to Reliance's equity divestment

Rediff.com30 Dec 2020

Record equity divestment by the Reliance Group in its telecom and retail businesses garnering around $23 billion revved up the deal street in 2020, which otherwise would have gone down as one of the dullest on record, and dealmakers are seeing sunnier days in 2021 given the large scope for consolidation in a slew of sectors ravaged by the pandemic. With Jio Platforms alone garnering over $16 billion (Rs 1,18,318 crore) by selling 25.24 per cent stake and Reliance Retail notching up $6.4 billion (Rs 47,265 crore) by divesting around 9 per cent shareholding, the deal street signed off with $85 billion in the deal kitty across 1,270 transactions. This is higher by about 10 per cent over 2019. What is significant is that over a third of the total deal value came from Reliance transactions, say investment bankers.

Producing vaccines is not like making 2 minutes noodles

Producing vaccines is not like making 2 minutes noodles

Rediff.com27 May 2021

'Even if Serum Institute and Bharat Biotech were successful in ramping up production overnight, what happens to the capacity after the demand from India is met?' asks Sanjeev Nayyar.