'Today, according to the law, you can't even claim legal expenses when fighting a case as a non-executive director unless you are acquitted. Given how high legal expenses are, that alone is enough to scare anyone away.'
Despite a 56 per cent fall in residential launches in the first half of the year compared to the second half of 2019, Anarock Property Consultants believes that consolidation in residential real estate is expected to gain ground, and that branded players may garner a market share of 75-80 per cent.
Categories such as washing machines, refrigerators and television sets have seen sales growth of around 8-10 per cent in August compared to last year, industry sources said, with September also reporting a similar growth trajectory.
The revised offer will mean the lenders will have to write off 60 per cent of their dues.
India was the flavour of the year, at least in the FMCG sector, as multinationals hiked stakes in their subsidiaries lured by long term potential of the country, while homegrown executives made their way to top hierarchy of global firms in 2013.
'Indian entrepreneurs became traders for Chinese goods rather than producers of goods.'
Metal prices from copper to aluminum and tin have shot up by about 7-32 per cent in the past three months.
National brands prefer the acquisition route since the southern market is culturally different, reports T E Narasimhan from Chennai.
'While most companies were bullish before the second wave of double-digit sales growth in FY22, that may not be the case now.'
Jindal Steel and Power was the top loser down 10% followed by Hindalco, Tata Steel, Tata Power which ended down between 0.5-3% each.
The IMD attributed the projection to a weakening of El Nio and the Indian Ocean Dipole turning positive.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The booming recruitment environment that B-schools experienced in 2007 could be back on the campuses next year as the fast moving consumer goods (FMCG) sector is planning around 40 per cent increase in the number of pre-placement offers (PPOs).
The Rs 30,000-crore consumer durables market is expected to rake in more money this summer on the back of rising mercury levels.
While consumer electronics, technology, mobile phones, auto and sports-wear categories dominate the top 20, FMCG has only one entry in the list
Fast moving consumer goods (FMCG) companies are changing the product formulation, including alternative raw materials, to make soaps, detergents and personal care products. The move is aimed at cutting costs by as much as 10 per cent and boosting margins.
Since April, India has seen multiple strains of the coronanavirus sweep the nation, upending life and businesses alike. Out-of-home retail and discretionary categories such as durables, auto, fashion, lifestyle, hospitality, food services, travel, and tourism have been the worst-hit as Covid cases remain high, leaving state governments with no option but to curtail mobility and economic activity.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Nature's Basket is changing its offering. Its new strategy zeroes in on pushing joint ventures, focusing on private labels and reentering Delhi.
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Top firms will have enough firepower to go for foreign M&As, given their balance sheet growth, say bankers.
Stock clearing to rain discounts on consumers in June ahead of GST rollout.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Sun Pharma was the top gainer after SPARC received Sebi nod to raise up to Rs.250 crore through a rights issue
But it may come with a downside risk of further rise in prices of several products.
The consumer durable companies such as Videocon, Samsung and Godrej may be aggressively expanding their own brand outlets
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
The government hopes that the PLI schemes would provide 200,000-300,000 direct employment over five years, according to sources in the know.
Videocon plans to raise prices by 5-10 per cent across all product categories. LG India said it may raise prices of its range of washing machines and refrigerators. Godrej plans to raise prices of its washing machine, refrigerator, air-conditioner and microwave range. Haier India is likely to hike prices of washing machines and televisions.
Godrej Consumer Products Ltd is trying to make sure it does not overload shops with stocks. And Marico is teaching store owners to use computers.
>Gadgets that make kitchen work easier and faster have gained momentum in the lockdown.
According to a 2013 CLSA report , online retail in India was worth $3.1 billion, or about 10% of the country's organised retail market
Chocolate majors in India posted healthy top-line growth in FY19. While Mondelez India Foods - the marketer of Cadbury - continued to lead the pack, Nestle India, which dominates the confectionery space with leading brands like Kitkat and Munch, continues to hold the third spot in revenue. However, two of these companies - Mars International India and Hershey India - still remain in the red.
Most analysts as well as company executives say the rally in commodity prices is ill-timed coming just when firms were recovering from disruptions such as demonetisation & introduction of GST
Since coronavirus broke out in a few cities in China and a couple of cases were spotted in India as well, rumours claimed for the first time that it was carried by birds.
The six are English dailies the Hindustan Times, The Hindu and The Telegraph; their sister publications The Hindustan and The Hindu Tamil; and Ananda Bazar Patrika.
The sight and sound of the Liril Girl set the tone for ads that work at a subliminal level, and captivates viewers even to this day.
From the rollback of customs duty on key electronic components to fast tracking delivery of goods imported from China, players are looking for incentives on several counts.
Poultry prices are likely to start firming up in the next four weeks, when the examination season gets over and with the onset of summer in April.
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