60-65 per cent of the FMCG industry's overall sales come from urban areas; 35-40 per cent from rural areas.
In spite of a severe second wave of the coronavirus pandemic, and a widespread disruption in public life therefore, India's fast-moving consumer goods (FMGC) sector seems to have emerged as one of the most resilient segments of the economy. The early numbers and estimates for the April-June quarter indicate a steady recovery in FMCG players' business, which is now set to exceed the pre-pandemic level. Amid nationwide lockdowns because of the first Covid wave, FMCG revenues had been severely affected in mid-2020.
To decide if the business should be demerged or to go for an IPO.
The demand, which had fallen by as much as 70 per cent, has since recovered after lockdown restrictions were eased beginning early May.
Two-time champions ATK on Friday announced the signing of Irish football legend Robert David "Robbie" Keane for the fourth season of Indian Super League scheduled to be held in November.
High-pitched identity politics, which is the norm in the northeast, has continued to compound the boundary problem.
The Supreme Court on Tuesday said it would not reopen its decision on granting reservation in promotions to Scheduled Castes and Scheduled Tribes as it was for the states to decide how they implement it.
The annual earnings of a non-executive chairman of a PSB is capped at Rs 10 lakh, inclusive of fees for attending board meetings. This is way below the compensation of the chairman of any private bank, reveals Tamal Bandyopadhyay.
Birla was the chairman of Century Textiles and Industries and had been active in business since the age of 15. He was instrumental in a slew of business initiatives, starting with his stint as the chairman of Kesoram Industries.
Sanjeev Chawla, accompanied by a Delhi police crime branch team from London, reached Delhi on Thursday morning
The government has given sanction for prosecution against PNB executive director Sanjiv Sharan as part of the clean up exercise in the system.
HDFC Bank is on a global search to find a successor to the founding-chief executive Aditya Puri, as he would turn 70 next year.
The Supreme Court on Thursday agreed to hear on Friday the Centre's appeal challenging the Delhi high court's verdict dismissing its plea against stay on the execution of the four death row convicts in the Nirbhaya gang rape and murder case.
The first flight to land at the Delhi airport from London on Friday was Air India's AI112 that had 256 passengers in it, said Gauri Agarwal, founder of the Genestrings Diagnostic Center.
The board of ATK Mohun Bagan on Friday decided to retain the iconic green and maroon jersey which has been synonymous with the 131-year-old legacy of the football club. The name of the club will be changed to ATK Mohun Bagan, while the logo will have the iconic Mohun Bagan boat with addition of ATK to it.
Sanjiv Chaturvedi, an officer of Indian Forest Service in Haryana, has been forced to go on leave for unearthing several scams worth several cores in the forest department of the state. Gopal Krishna reports.
Justice Khanna said, "We are leaving it to the CBI to act in accordance with law."
The sale of Nature's Basket, Godrej's chain of food stores in west India, is the second exit by a big group in a year in the category
We asked readers to help Tiger out by suggesting titles for his new film with Hrithik Roshan, and we got many responses!
India's limited overs skipper Mahendra Singh Dhoni was named captain of new Indian Premier League franchise Rising Pune Supergiants on Monday.
The Supreme Court on Tuesday ordered that Rs 9,122 crore be disbursed within three weeks to the unitholders of Franklin Templeton's six mutual fund schemes which are proposed to be wound up.
Chanchalhad gone missing in Kedarnath during 2013 deluge.
NBFCs with a proven track record, supported by the brand values of reputed corporate, can play a key role in bringing the benefits of banking and economy to the underserved and newer segments of India.
Instead of getting swayed by market gyrations, investors must stay invested for the long term, advises Sarbajeet K Sen.
In a pre-Budget meeting with Finance Minister Nirmala Sitharaman, the corporate leaders highlighted several issues, including certain income tax matters which were coming in the way of mergers and acquisitions or slowing them down and roles that need to be played by state businesses to prosper at the ground level.
The Central Vista revamp, announced in September, 2019 envisages a new triangular Parliament building, with seating capacity for 900 to 1,200 MPs, that is to be constructed by August, 2022 when the country will be celebrating its 75th Independence Day.
They entered the Bihar poll battle to protect and carry forward their fathers' political legacy, but many of them could not win their own seat though some tasted victory.
The earliest ones included whistles shaped like birds, toy monkeys that could slide down a string and small carts made from materials found in nature such as sticks, clay and rocks. While there might be no disputing India's rich toy-making tradition, the industry is languishing for lack of investment and technology, and also owing to competition from cheap imports. And though it has been listed among 24 key sectors under the government's Atmanirbhar Bharat Abhiyaan, the question remains: will this push help place it in the global game? Currently, 80-odd per cent of the toys sold in India are imported - nearly 60 per cent of them from China.
The apex court on December 14 last year dismissed a clutch of PILs, including the one filed by former Union ministers Yashwant Sinha and Arun Shourie and lawyer Prashant Bhushan, saying there was "no occasion to doubt" the decision-making process of the Centre in the procurement of 36 Rafale jets from France.
News of all that transpired on and off the football field.
A five-judge Constitution bench headed by Chief Justice Ranjan Gogoi upheld the 2010 Delhi high court verdict and dismissed three appeals filed by Secretary General of the Supreme Court and the Central Public Information officer of the apex court.
Analysts remain sceptical on the profitability from freighter business, saying that once normal air transport resumes and there's abundant belly capacity, the traditional economics of air cargo may not be that lucrative.
Vistara appoints Vinod Kannan as chief strategy officer; plans to launch its maiden international flight to Colombo in May
A bench headed by Justice A M Khanwilkar asked the Election Commission of India to take an appropriate decision with regard to political rallies as per law and keeping in mind COVID-19 guidelines.
SpiceJet's chief operating officer Sanjiv Kapoor has resigned after two years of service.
The plea was filed by several opposition leaders seeking counting of voter verifiable paper audit trail slips of 50 per cent of electronic voting machines in each constituency before the Lok Sabha results are declared.
Experts point to the higher contribution of rural from the north for the growth reported by the region, a point endorsed by companies who've been pushing their presence aggressively there.
Former India captain Kapil Dev, who resigned from the Cricket Advisory Committee (CAC) after allegations of conflict of interest were levelled against him, said performing a role in honorary capacity cannot be conflicted with a professional cricketing job.
His vision drove ITC to pursue business models that today support over 6 million livelihoods, many amongst the weakest in society.
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