Following a strong performance in the 2022-23 January-March quarter, publicly listed paint industry giants displayed a mixed performance in the 2023-24 (FY24) April-June quarter. While Berger Paints India outperformed its peers and reported results in line with expectations, market leader Asian Paints and Kansai Nerolac Paints fell slightly short of expectations.
The constituency of Mumbai South, home to industrialists as well as high-ranking government officials, fared the worst with 47.7 percent voting.
There is a lot more to Bollywood than the unguarded glimpses Showtime offers, observes Deepa Gahlot.
Mihir Tanna, Associate Director, S K Patodia & Associates, will answer your personal income tax queries.
Imaad Shah's Tuesday's Women, Haoban Paban Kumar's Iron Women of Manipur, Shivam Singh Rajput's Ladakh 470 and Samman Roy's The Exile are among 10 titles to watch out for at the 17th edition of the Film Bazaar.
The young team of Agastya Nanda, Suhana Khan, Khushi Kapoor, Dot, Yuvraj Menda and Vedang Raina have completed shooting for their debut film, The Archies, which will stream on Netflix next year.
The Bharatiya Janata Party replaced at least 25 sitting MPs with new faces as the party released its second list of 72 candidates for the upcoming Lok Sabha polls on Wednesday.
Its success script: Investing more in local content ecosystem; growing its partnership footprint.
All members of the Planning Commission have submitted their resignations to the Prime Minister's Office paying the way for reconstitution of the institution.
'The opening up of theatres is well-timed to coincide with the festival season and give a big push. We expect box office collections to reach 2019 levels when they stood at Rs 10,000 crore.' Surajeet Das Gupta reports.
Showtime is watchable but never engrossing, notes Sukanya Verma.
The stock of Godrej Consumer Products Limited (GCPL) fell about 3.7 per cent in trade after its Q3FY24 earnings disappointed brokerages and led to downgrades. Further, the stock, after a 15 per cent run-up over the past month prior to Monday's correction, had already factored in the upside from the business front. Its peer in the consumer space, Marico, too, saw a 4 per cent drop in its stock price.
The BJP will enter this election, as it does every election, as if it is fighting to prevent a 2004-style defeat. This is a party that wins big because it always behaves as if its back is to the wall, predicts Mihir S Sharma.
Netflix is reminiscent of Star TV in the 1990s: Very Western in its gaze, very expensive, and clueless, notes Vanita Kohli-Khandekar.
'Most young taxpayers prefer income tax filing to be flexible yet straightforward.'
DD Freedish is the 'largest TV platform in India', going to 58 million homes, featuring 70-odd private channels. DD Freedish reaches about 278 million people, and is easily among the top five TV platforms in the world.
'A unified Hindu votebank -- the creation of the largest and most reliable votebank in Indian politics, ever,' says Mihir S Sharma.
Amazon Prime Video has announced a huge number of assorted Web series and movies, and the slate sure looks interesting.
'There is so much talk about Netflix and what they should be doing.' 'In two years, SonyLIV has done what Netflix should be doing.'
The term of the members of the Planning Commission is co-terminus with the Prime Minister and they would be submitting their resignations once the new government is formed after the ongoing general elections next month.
'If the BJP becomes the new Congress, then an Opposition within will naturally emerge -- from the right, not the left,' points out Mihir Sharma.
'I really feel a series would have done more justice to Riverdale and its teens than a movie.'
There is no near-term respite for the country's largest fast-moving consumer goods maker, Hindustan Unilever (HUL), which is facing multiple challenges on the growth front. With demand showing no signs of improvement, especially in the rural segment, the October-December quarter (Q3) of 2023-24 (FY24) is likely to be similar to the previous quarter, with volume growth in the low single digits. The stock, which is down 7 per cent over the past year compared to the 11 per cent jump for the S&P BSE Sensex, could underperform the benchmark in the near term as well.
Irregular rainfall and a pick-up in commodity costs are expected to weigh on the demand and margins of fast-moving consumer goods (FMCG) companies. Most companies reported a sharp expansion in gross margins in the April-June quarter (first quarter, or Q1) of 2023-24 (FY24), given the lower prices of key raw materials and earlier price hikes. Furthermore, there were expectations that cost savings being passed on could reflect in volume growth going forward. However, these hopes could be dashed if demand recovery, especially in the rural segment, stalls, and gains on the raw material front start to recede.
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The growth has not been very robust in the first two financial years of the 12th Plan.
NCP leader Fahmida Hasan Khan wants HM Amit Shah's nod to read scriptures of all faith outside PM house.
Somaiya alleged Sena workers attacked him with stones, bottles and chappals.
According to a senior Planning Commission official, according to the new criteria evolved by members Abhijit Sen and Mihir Shah, henceforth BRGF amounts will be allocated on the basis of backward blocks and not just districts.
Suhana Khan, Khushi Kapoor and Agastya Nanda look cute as part of the The Archies gang. And no one is more thrilled than their families.
India's schedule on Day 4 of the Asian Games on Wednesday, September 27.
For years it has been evident that fibre and DTH would give tough competition to cable in India where regulatory overload has mutilated an already warped industry structure. OTT added fuel to the fire. From Rs 27,000 crore in 2010, cable's share of subscription revenues is now estimated at Rs 13,000 crore.
'How many people have been skilled up and thus able to escape from needing to be in NREGA? The true success of NREGA would lie in its irrelevance -- that is, people no longer need it as a crutch.' 'NREGA should enable them to climb out of poverty and stand on their feet.' 'But this is expressly forbidden by NREGA rules. Skill development, which is what India needs more than anything else, appears to be outside the purview of NREGA,' points out Rajeev Srinivasan.
As the curtain comes down on 2022, Roshmila Bhattacharya flashbacks to some of the year's news-makers and events.
Boman Irani makes his OTT debut with Masoom, and it was good to see the actor on screen after a long time, observes Deepa Gahlot.
There are multiple near-term worries for the stock of India's largest listed consumer company, Hindustan Unilever (HUL). While inflationary pressures will weigh on its profitability, demand pressures - especially in the rural market - are expected to hit the firm's revenues. This is why brokerages have cut the earnings estimates for financial year 2022-23 (FY23) by 7-10 per cent.
Since 2004, Montek Singh Ahluwalia, one of the commission's longest serving deputy chairmen, has been trying to mould it to fit into the new economic order, without much to show for his efforts.
Can the newly-minted Jal Shakti ministry bring water to some 19 crore Indian households that have never had taps or heard the sound of flowing water, wonders Vinayak Chatterjee.
The delegation will participate at the American Film Market.
Yogi expands UP Cabinet in attempt to balance caste, regional aspirations head of the assembly polls early next year.
Opposition leaders and activists hit out at the Centre after the death of Jesuit priest and activist Stan Swamy on Monday, saying it should be held accountable for the "ruthless" and "inhuman treatment" meted out to the 84-year-old who was suffering from multiple ailments and awaiting bail on medical grounds.
