Pharmaceuticals, along with software and services, also added the most new entrants on the rich list 2018.
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.
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.
It's puzzling why Indian cos keep their acquired brands out of play.
Mumbai Metropolitan Region recorded housing sales of nearly 9,200 units in Q3 of calender 2020, against 3,620 units in the preceding quarter, registering a 1.5 times growth which is the highest growth seen any city except Chennai.
With consumers staying indoors and e-commerce firms extending their reach to a larger number of pin codes, these giants have snatched a larger share from the offline traders this season.
An interview with Mathew Eipe, executive director & president (chemicals), Godrej.
@015 may be a good year for FMCG firms.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Experts attribute this to new launches in anticipation of a demand revival after the 2014 general elections.
The Rs 2,000-crore Patanjali, looking to grow its turnover two-and-a-half times in FY16.
Captains of the industry, including Adi Godrej and Anil Ambani, were among the early birds from India Inc to cast their votes in the financial capital.
The first to see price hikes will be soaps. In the past six months, domestic palm oil prices have increased by 46 per cent. Palm oil is a key input going into soaps.
This tiny community may have just about 70,000-odd people but they are possibly the sweetest, funniest, crankiest bunch you'd ever come across! (Psst. They celebrate their New Year today!)
Investment push by the Modi govt and draw-down of UPA's welfare schemes to put pressure on demand.
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.
Employees of some top Indian companies were in for a pleasant surprise when they received a mail from their HR team announcing a hike in salaries and bonuses. Led by IT firms and start-ups, HR managers say that while some have offered cash and stock options, others are in a wait-and-watch mode and add the trend will pick up in other sectors. For example, IT giant Cognizant - which had an attrition rate of 19 per cent in the December quarter - has established a $30-million employee retention fund in order to bring down the high attrition rate.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
From paints to apparel and lifestyle majors, brewers, distillers and fragrance makers have stepped into the market, even as the frontline companies including FMCG players, pharma and healthcare majors were the first to seize the opportunity created by Covid-19.
The numerous integration measures have led to savings in areas including supply chain, technology, inventory management, and marketing.
Fast cars, marathons, golfing and shooting - nothing stops these high-power tycoons from pursuing their passion.
Metal prices from copper to aluminum and tin have shot up by about 7-32 per cent in the past three months.
While FMCG companies were not barred from carrying out their operations during the 21-day lockdown, since most manufacture staples and essential products, capacity utilisation remained poor, owing to the restricted movement of raw materials, finished goods, and labour.
President Pranab Mukherjee on Saturday conferred the Padma awards on several eminent personalities including industrialist Adi Godrej, Olympic medal winners Yogeshwar Dutt and Vijay Kumar, actor Nana Patekar and designer Ritu Kumar.
The most consistent wealth creators since 2008 are all consumer-facing companies, says Devangshu Datta.
Check out Group Buying Ideas for This Wedding Season. Budget constraints usually make us opt for a not-so-useful and inexpensive present for the newlyweds. Let's look at a few collective buying ideas that will fittingly demonstrate your good wishes this wedding season.
According to the order, all factories producing essential goods and services will remain operational at full capacity.
While Forbes magazine's India Rich List remains dominated by individual business leaders, those making the mark along with their family members are also quite a few and also include three in the top 10 -- Hinduja Brothers (6th place), Adi Godrej & family (8th position) and Sunil Mittal & family (10th).
Mahindra and SCM Real Estate, the investment arm of Standard Chartered, would together invest Rs 1,000 crore (Rs 10 billion) in multiple projects and hold equal stakes in the JV to be called Watsonia Developers.
A large group of high-profile personalities from corporate India on Saturday left for Lahore on a chartered aircraft of the Indian Airlines to watch the third one-day international match between India and Pakistan on Sunday.
Check out some of the stocks that will react on the basis of their numbers in the near term.
Many chief executives said they were talking to people at the top level in their organisations to find how their companies can help the flood victims.
Top business leaders to raise issues on investment, trade and the rupee
Delay in demand recovery and higher stock valuations mean low safety margin, say analysts.
