Patanjali Ayurved's rise has prompted most other babas to go back to the drawing board. Most of them are either scripting or re-jigging their business plans, says Arvind Singhal.
Most listed corporate entities in the country are in a fix. With the sudden declaration in late March of a nationwide lockdown to tackle the Covid-19 pandemic, the final calculations of their financial results for the year 2019-20 (FY20) are hanging in limbo. Till April 19, only 41 of the 3,947 companies listed on the BSE have managed to finalise the dates for the declaration of their yearly financial results.
HUL, ITC, Nestle, Colgate, Dabur, Britannia, Asian Paints, P&G are trading at nearly 48 times. The previous record high was 53 times at the end of March 1994.
Audit firms such as KPMG believe zero complaints may be an indicator of the lack of requisite mechanism to allow for such reporting
'India missed the software products revolution (and now is in danger of missing the platform revolution), complacent that we are the software experts of the world based on IT services prowess,' points out Rajeev Srinivasan.
Ajay Banga, the 55-year-old CEO of MasterCard, is on a roll.
Auto stocks led the rally with Tata Motors, Hero MotoCorp and Maruti Suzuki leading the gains.
The Covishield maker's forte throughout the past half a century has been a combination of affordable vaccines and high volumes. Its tetanus, diphtheria and measles vaccines are known throughout the world, reports Sohini Das.
Investors indulged in buying beaten down blue chips at lower and attractive levels.
Off-spinner Ravichandran Ashwin claimed six wickets as India crushed New Zealand by 197 runs in the first Test in Kanpur.
ITC has stated its products have been found to be in compliance with all food safety regulations.
Uttarakhand's ban on Maggi to continue for some time
The country's top FMCG stocks, such as Hindustan Unilever, ITC, Nestl, Britannia, Godrej Consumer Products, and Dabur, among others, are currently trading at around 41x their trailing 12-month earnings, down from their peak P/E multiple of around 48x at the end of December 2018.
Coca-Cola's acquisition of British coffee chain Costa, its biggest acquisition of a brand in history, faces three challenges in India.
A glance back at some of the important ups and down Indian Inc faced in 2018.
'We have done what we needed to do on behalf of the consumers'.
Take the Rediff Biz Quiz and find out how much you know about companies and their logos.
'Oscar has been given to A R Rahman.' Ringa Ringa Ringa, Choli ki peeche kya hai -- What's the difference? Exactly the same. Also, Jai ho.' 'I did Ramba ho in 1985.' 'Rahman combined three of my songs and got Best Original Score.' 'The Ho came from me.' 'Bappi Lahiri brought the Ho to Bollywood.'
The category is expected to cross Rs 38,400 crore by 2020.
The combined share of customs and excise duties, service tax, and value-added tax in India's gross domestic product reached an all-time high of 10.5%.
While green shoots are beginning to emerge, with June sales rebounding to pre-Covid levels thanks to a rural revival, most FMCG chief executives have voiced concerns about localised lockdowns that began in July and have extended into August in some states.
Dabur has launched 44 products during the year.
Domestic food companies, too, continue to bet on packaged foods.
This is not the first time Gujarat Cooperative Milk Marketing Federation that owns brand Amul has chosen an unconventional method to protect its brand.
Reputed brands must learn few lessons from the ongoing Maggi controversy.
Swadeshi Jagran Manch on Sunday targeted MNCs.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Sinha, who had both agency and client experience having worked at Coca-Cola in the 1970s and early 1980s, was the first woman to set up a national advertising agency. While Tara Sinha Associates was launched in 1985, Clarion was launched way back in 1955 at the start of her career.
The 30-share Sensex ended up 204 points at 27,215 and the 50-share Nifty ended up 59 points at 8,238.
The S&P BSE Sensex plunged 301 points to close at 25,490 and the Nifty50 fell 86 points to end at 7,815.
The results for the People's Choice Award for the Wildlife Photographer Of The Year are in.
Promoters' holding in private sector BSE 500 companies declined to 43.4% in Sept
Industry officials say the crunch has not only affected manufacturing of edibles but even of items like nozzle pumps and other goods used in packaging.
Even as foreign investors land in Delhi to attend the first major food processing trade fair, Delhiites queue up to satisfy their tastebuds
Time to pack your bags and pamper the wanderlust in you.
Mondelez has tied up with Warner Bros for its latest film Batman v/s Superman.
Make in India has big shortcomings when it comes to natural resources.
From fast food and athleisure to ACs, the demand for several non-discretionary items has spiked since May 17, when Lockdown 4.0 was extended till May 31.
Budget travelers, these monsoon getaways are meant for you!
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