The privately-owned Hangzhou-based group, which has been in news for its impending IPO, is already sourcing human hair from the southern regions of India and has identified this category as a 'big opportunity', along with others like machinery, agro products, apparel and spices.
Rising fuel prices, intense competition and inability to pass on spiralling expenses have been negatively impacting the domestic airlines.
The Tata group firm has enhanced its product portfolio through "targeted acquisitions" as it aspires to be a formidable player in the FMCG category, said Chandrasekaran, who is also the chairman of Tata Sons. Besides, it has stepped up the pace of innovation across markets in line with consumer trends such as health and wellness and convenience, he said in his message to shareholders in the latest annual report of TCPL.
One reason is that airlines have ramped up capacity and expanded their presence in tier-II markets. The first of a three-part series analyses how the aviation industry is an outlier in the midst of an overall economic slowdown.
Kamra allegedly heckled Goswami, the editor of Republic TV, on IndiGo's Mumbai-Lucknow (6E5317) flight on Tuesday.
Media tycoon Kalanithi Maran and his wife Kavery Kalanithi have retained the top two slots among the highly paid executives in the country.
The standoff between the government and the opposition in Parliament has showed no signs of easing after it erupted on the opening day of the Monsoon session on July 19.
>Gadgets that make kitchen work easier and faster have gained momentum in the lockdown.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, research, Religare Broking, answers your stock market queries.
Kamra was banned by India's largest airline for six months on Tuesday for allegedly harassing Goswami on the Mumbai-Lucknow flight. SpiceJet, GoAir and Air India also imposed a similar ban on Kamra without specifying any period.
The new entrants are young, enterprising Chinese men and women who want to tap into the promising Indian market.
Markets regulator Sebi has kept in abeyance the processing of Go Airlines' draft papers for an initial public offer worth Rs 3,600 crore. Go Airlines (India) Ltd, which has announced rebranding itself as 'Go First', filed preliminary papers for an initial share sale worth Rs 3,600 crore in May. The proceeds will be mainly used to repay dues. The "issuance of observations (has been) kept in abeyance", according to Sebi's latest update on processing status of Go Airlines' draft offer documents. The information was updated on June 25. In Sebi parlance, issuance of observations implies its go-ahead for the IPO.
Market estimates suggest the airline has already totted up Rs 1,800 crore of losses in FY20, and FY21 is expected to see losses in the region of Rs 2,500 crore to Rs 3,000 crore Many in the sector say that Vistara lacks the light-footedness of the airlines with which it competes, reports Anjuli Bhargava.
Domestic air traffic logged 14.35 per cent growth in November as compared to the corresponding period last year propelled by the festive season rush.
M E Meeran, a former wholesale dealer in provisions, is conquering the world with his Eastern brand of spices and curry powders.
Maran's penchant for taking risks was visible last year again when he acquired Indian Premier League's Hyderabad cricket franchisee and named it Sun Risers.
Few top honchos of India Inc did very well in 2014.
'There were moments when you didn't know if you will get out of there alive.'
The total amount of penal interests charged from the defaulting parties stood at about Rs 115 crore.
Policy constraints may prevent many of the global retail giants from reaching their full potential.There are too many restrictions right now in the sector and policy makers lack clarity.
Both Vistara and AirAsia India, along with their partners, are quietly putting together an aggressive plan to become a formidable force in the skies. At the core of this new push is their plan to go international this financial year.
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
Demand is expected to grow as most customers await a drop in prices.
'A Colourful World is for every child, telling them that like the different coloured crayons in a box, they should also appreciate their differing identities, shine and live peacefully with other human beings in our colourful world.'
'Everyone says never waste a crisis.' 'When we went into Covid and we were in total lockdown, we were at work.' 'The planes were not flying and we wondered what to do.' 'We looked at each of our performance metrics -- what are customers complaining about, how do employees feel, how do investors feel?'
Trade deficit marginally widened to $9.85 billion as against $9.72 billion in February 2019.
He also praised PM Modi for his leadership and said that it is the best time for both the countries to work together.
The total number of positive cases has increased by 106 in the last 24 hours to reach 1,024.
Maharaj Jodharam Choudhary of the Khandani Rajdhani has special Holi recipes for you.
Over 70 per cent of Jet's fleet has been grounded, leading to massive cancellations.
Approval was held up due to CBI investigation into international flying permit of Tata group-owned AirAsia India.
The number of local youth joining militancy has shown a declining trend during the current year. Check out information revealed by ministers in the Lok Sabha and Rajya Sabha.
The number of Indian passengers has jumped more than 20 per cent in the past year
Air Carnival can make quick progress by stepping into the space that SpiceJet has left empty.
When the move was first thought of it was at the behest of Jet Airways, IndiGo, SpiceJet and Air India. Only Vistara and AirAsia were opposing it as they were doing the poaching, says Anjuli Bhargava.
The year gone by has also forced all airlines to turn the lens sharply on their own costs, workings and internal dynamics, opening their eyes to their vulnerabilities. Fewer, leaner, nimbler players will emerge from the carnage.
'I've lost count of the number of times I've said no to sex, because I am tired, and how it has led to air punches, banging of doors, muffled expletives by the other half.' 'With time, we've learned to talk it out and have an arrangement that I'd like to believe works for both of us,' notes Radha Yadav, our newest columnist.
What India's top restaurants are doing to satisfy your food cravings.
The government is considering setting up air freight stations to enable direct movement of vaccines from pharmaceutical factories to the aircraft.