Nirma's tryst with the pharmaceutical space started in 2006 when it acquired the ailing Core Healthcare in a deal reported to be worth Rs 300 crore. The Ahmedabad-based manufacturer of intravenous fluids was subsequently renamed Nirlife. Pharma industry insiders say Nirma, which broke open the detergent market in the 1990s with low prices and massive advertising, tried an encore of the low-price strategy in pharma, but with mixed results.
How is it that tomatoes recorded a price fall in official statistics when it remained unaffordable for the common person in June?
The stars glimmered at the Elle India Beauty Awards...
Facing difficulty in procuring large quantities of rice required to fulfil its poll guarantee, the state government on Wednesday decided to pay cash into the beneficiaries' accounts at the rate of Rs 34 per kilo, for the additional 5kg of rice under the free rice scheme.
As India's stock rises, the resolution of the border row may become even more difficult, warn Harsh V Pant and Kalpit Mankikar.
From wearing bright colours to wowing ethnic looks, Namrata Thakker takes a look at Bipasha's amazing maternity style file.
Prime Minister (PM) Narendra Modi has been at the forefront of climate action and saving the environment campaigns - whether plogging at a beach in Mahabalipuram in 2019 or wearing a sky-blue 'sadri' jacket to Parliament made of material recycled from plastic bottles. Made by Karur-based sustainable fashion brand EcoLine Clothing (EcoLine), a brand of Shree Renga Polymers, front runner in polyethylene terephthalate (PET) bottle recycling and sustainable textiles in India run by IITians, the company recycles PET bottles and upcycles them into value-added products, such as garments. Three months on, the phone lines of Senthil Sankar, managing partner at Shree Renga Polymers and EcoLine, have been ringing non-stop since the jacket made out of recycled plastic at Karur, Tamil Nadu's textile capital, was worn by the PM to Parliament on February 8.
'There are occasions when the prices of individual items like food raise inflation; then supply-side measures must be taken.' 'But if there is continued inflation, it means liquidity is aggravating the situation.'
ITC Ltd on Friday reported a 23.09 per cent increase in consolidated net profit at Rs 5,070.09 crore for the third quarter ended December 2022, helped by growth momentum across its operating segments. The diversified company had posted a net profit of Rs 4,118.80 crore during the October-December quarter of the previous fiscal, ITC said in a regulatory filing. Its revenue from operations was up 3.56 per cent to Rs 19,020.65 crore during the quarter under review, as against Rs 18,365.80 crore in the corresponding period of the previous fiscal.
Which of these two breezy saris would inspire your daily look? Take the poll and let us know.
'India has always been a bottom-up stock-picking market, and as growth recovers with higher liquidity, mid and small-caps always tend to outperform.'
'The impact of CEO transition is fairly even for stocks, with about half (53 per cent) of the events not producing any change in the relative performance of the stock.'
'Investors should look to incrementally allocate towards equity from a medium-to-long term horizon.'
A look at the several varieties of Misal Pav you must try.
England batsman Jonny Bairstow will be out of action until next year after successful surgery on a broken leg and dislocated ankle, he said on Monday.
Fluorescent shirts, see through t-shirts, silver pants, torn jeans, spandex shorts, mesh vests, a tie embellished with 261 precious diamonds, is there any look Salman cannot carry off?
This is the Mukesh Ambani-led company's second entry into the dairy segment and it will directly compete with Amul and Mother Dairy.
Let the actress give you a good reason to rock an all-black silhouette.
India made the request in the context of the exchange of the lists of civilian prisoners and fishermen by both the countries as part of a practice to do so on January 1 and July 1 of every calendar year under the framework of a 2008 pact.
'Small cap funds do have their own merits and they make sense when the investor has a longer investment horizon.'
Jiomart B2B is the latest among organised supply-chain companies to bite the bullet, shutting down its warehouses, and asking its employees to leave. Why are companies finding it difficult to sustain the supply-chain business? Experts point out that gross margins in supplying fast-moving consumer goods (FMCGs) are very low.
These pics will unleash a love for shorts that will never die.
The price per kilogram of onion came down to Rs 2 to Rs 4, which angered the growers, who had stopped the auction at the APMC last week for a day.
After two years of staying indoors, no one wants to be low-key this winter.
A protest has begun in front of the Trincomalee Naval Base after reports Mahinda Rajapaksa and some of his family members are there after leaving Temple Trees, the official residence of prime minister.
Companies are not able to pass on the pressure from rising input costs to buyers, and this is likely to result in a compression in corporate profit margins for the March quarter, a report said on Monday. Operating profit margins for companies are set to fall by as much as 3 percentage points compared to the year-ago period, and up to 0.60 per cent as compared to the preceding December quarter, the research wing of rating agency Crisil said in a report. The report comes ahead of the earnings season when major companies start reporting their profits.
A staple in most Mangalorean households, you don't need a special occasion to enjoy this dish.
The country's Fast-moving consumer goods (FMCG) industry witnessed a consumption slowdown in the December quarter, with an overall "negative" volume growth, as consumers continue to reel under inflationary pressure, says a report. According to the report released by data analytics firm NielsenIQ on Thursday, in October-December, the FMCG industry grew 7.6 per cent in terms of value but its volume growth was (-) 0.3 per cent. "... Overall FMCG volume growth is negative, the absolute values, as well as volumes, continue to be above pre-Covid levels across markets," it said.
On May 9, violence erupted in Sri Lanka after supporters of the 76-year-old former premier attacked peaceful anti-government protesters demanding his ouster over the country's worst economic crisis that led to acute shortages of staple food, fuel and power.
Has the television actress' sense of style been influenced by her stint on Khatron Ke Khiladi 12?
The markets may be entering a consolidation phase and are expected to trade sideways for now after a good run in the last few weeks, suggest analysts. In this backdrop, they suggest investors can book profits at the current levels and enter the market again on a decline from a medium-to-long term perspective. Thus far in fiscal 2023-24 (FY24), the S&P BSE Sensex has moved up around 5 per cent to nearly 62,000 levels.
'Although mid- and small-cap funds have the potential for higher growth, they come with inherent higher volatility.'
With the Nifty50 just about 3 per cent away from its all-time closing high of 18,812 points, analysts at BofA Securities suggest investors book profit. Their reasons for the advice include risks like the possibility of a cut in corporate earnings growth forecasts, high valuation (one-year forward P/E of 19.5x), interest rates staying elevated for longer-than-expected and credit tightening. Going ahead, they expect the Nifty50 index to drop to 16,000 levels - down nearly 12 per cent from the current level of 18,255 points, which they believe would be a good time to buy.
While Radhika Madan rocked the red carpet at the Toronto International Film Festival, Esha Gupta gave us fashion goals all the way from Spain.
'Yet the market didn't do all that badly because it was cushioned by domestic inflows.'
This is not a train for the regular commuter, evident from the number of large sized bags in the overhead bin, observes IAF Veteran Air Commodore Nitin Sathe.
The best summer foods of India
Rahi Chadda was one of the few desi models to attend Milan fashion Week 2022.