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Christmas, New Year are bringing cheer to mall business after COVID-19 impact

BUSINESS

Christmas, New Year are bringing cheer to mall business after COVID-19 impact

After Diwali, Christmas and New Year are continuing the growth momentum in terms of footfalls and business. And Christmas offers and End of Year sales are attracting people to malls.

Society Tea striving to become a national brand, says Director Karan Shah

BUSINESS

Society Tea striving to become a national brand, says Director Karan Shah

India is the second-largest producer of tea, globally, after China. The local tea industry in India has a market value of more than Rs 12,000 crore.

This week in hospitality industry: Night curfew dampens year-end cheer; license fee gives some relief

BUSINESS

This week in hospitality industry: Night curfew dampens year-end cheer; license fee gives some relief

Just a week ago the restaurant association had written to the government seeking permission to operate restaurants for an additional two hours for the month so that they could earn some revenue.

Bar owners welcome Maharashtra government’s move to cut license fee

BUSINESS

Bar owners welcome Maharashtra government’s move to cut license fee

The liquor shops were shut between 38 days to 190 days during the lockdown period and the concessions were granted considering the losses due to the lockdown.

Retailers must use AR/VR technologies to bring in-store experience to online channels: Capgemini’s Nayak

BUSINESS

Retailers must use AR/VR technologies to bring in-store experience to online channels: Capgemini’s Nayak

In the current scenario, the fear of getting infected with the deadly virus has prompted customers to shop online

Maharashtra night curfew dampens year-end hospitality cheer

BUSINESS

Maharashtra night curfew dampens year-end hospitality cheer

Just a week ago the restaurant association had written to the Government requesting for restaurants to be allowed to operate for an additional two hours for the month so that they could earn some revenue

As skin care takes precedence, beauty brands struggle to sell face cosmetics

BUSINESS

As skin care takes precedence, beauty brands struggle to sell face cosmetics

With health and hygiene products taking priority, and people largely staying home or wearing masks when they venture out, facial products have remained unused. Consumers aren’t buying more, for now, and this has hit the facial cosmetics segment of the beauty industry hard, with one top brand saying it has seen sales of such products plunge 90 percent

This week in FMCG: Stellar response to Mrs Bectors' IPO; Next one from KFC, Pizza Hut operator?

BUSINESS

This week in FMCG: Stellar response to Mrs Bectors' IPO; Next one from KFC, Pizza Hut operator?

Sapphire Foods is managed by a team of professionals led by Group CEO Sanjay Purohit, who has earlier had stints at Levi Strauss & Co, Cadbury India & Asia Paints

Meet the woman behind IPO star Mrs Bectors Food Specialities

BUSINESS

Meet the woman behind IPO star Mrs Bectors Food Specialities

Rajni Bector started the business in a backyard with an investment of just Rs 20,000. Today it is a household name in North India and has grown into a Rs 1,000 crore business exporting its products to 60 countries and employing over 4,000 people

Most of our group businesses are back at pre-Covid levels: Raymond Chairman Gautam Singhania

BUSINESS

Most of our group businesses are back at pre-Covid levels: Raymond Chairman Gautam Singhania

The Raymond group, which has interests in the textile, apparel, FMCG, engineering, prophylactics and real estate sectors, was battered by Covid. In FY20, it recorded consolidated revenue of Rs 3,186 crore, only to see this shrink to a mere Rs 24 crore in the first quarter of FY21 and Rs 254 crore in the second quarter. But with the economy opening up, Chairman and Managing Director Gautam Hari Singhania told Moneycontrol things are looking up for Raymond with most group businesses at 90 percent of their pre-Covid levels

This week in FMCG: Honey adulteration controversy continues; CSE vs FSSAI, firms launch sugar-free products

BUSINESS

This week in FMCG: Honey adulteration controversy continues; CSE vs FSSAI, firms launch sugar-free products

NMR is the advance technology to detect adulteration in honey with sugar syrups by molecular separation and identification. It is the only test that can detect the new modified ‘Chinese sugar’ being used to adulterate honey.

COVID Impact | FMCG firms rush to launch sugar-free, low-calorie products as demand shoots up

BUSINESS

COVID Impact | FMCG firms rush to launch sugar-free, low-calorie products as demand shoots up

There is a rapid increase in demand for less sugary and immunity-boosting products, as more and more Indians seek solutions to boost overall health and wellbeing.

Honey adulteration | FSSAI needs to strengthen testing standards, says CSE's Amit Khurana

BUSINESS

Honey adulteration | FSSAI needs to strengthen testing standards, says CSE's Amit Khurana

In an interaction with Moneycontrol, Programme Director of the CSE’s Food Safety and Toxins Amit Khurana said Indian standards are not enough to detect adulteration in honey.

Farmers' protest | What Maharashtra farmers have to say about the farm laws, contract farming

BUSINESS

Farmers' protest | What Maharashtra farmers have to say about the farm laws, contract farming

Some of the farmers, who have already taken up contract farming, are worried that laws may empower the companies even more and wonder how that would impact them.

Bee-keepers feel the sting of falling honey prices. Who’s to blame?

BUSINESS

Bee-keepers feel the sting of falling honey prices. Who’s to blame?

While it may be difficult to pinpoint the exact reason for the fall in prices, the recent finding by the CSE that honey is mixed with sugar syrup and sold as pure honey, does not bode well for the bee-keeping industry.

Adulterated honey controversy: This is what brand experts say

BUSINESS

Adulterated honey controversy: This is what brand experts say

While Dabur holds a larger market share in the honey market, there are competitors such as Patanjali, Baidyanath, Zandu, Hitkari and Apis Himalaya, with Marico’s Saffola being the latest entrant in the honey space.

Why this company chose to cater exclusively to senior citizens

BUSINESS

Why this company chose to cater exclusively to senior citizens

The company has seen more senior citizens buying home essentials, gardening, kitchen & dining, music products, food & nutrition as well as gifting products.

MAGGI, Nescafe helps Nestle India post double-digit growth in Q3 CY20 sales

BUSINESS

MAGGI, Nescafe helps Nestle India post double-digit growth in Q3 CY20 sales

The COVID-19 outbreak has given a boost to products in the ready-to-cook meals category and companies selling them have made most of it.

How will Flipkart and Aditya Birla Fashion Retail deal benefit both entities?

BUSINESS

How will Flipkart and Aditya Birla Fashion Retail deal benefit both entities?

Experts are of the view that a combined market approach of these two large fashion, apparel and lifestyle entities will usher great synergies in manufacturing and supply chain, which will enable them to capture a bigger slice of growth

Liquor Supply Spat: While Hotel lobby body says lift the ban on supply, wine traders say they should pay 50% percent dues first

BUSINESS

Liquor Supply Spat: While Hotel lobby body says lift the ban on supply, wine traders say they should pay 50% percent dues first

HRWAI feels, the wine traders association is exploiting the monopolistic position it enjoys on supplies in Maharashtra.

COVID-19 impact: Restaurant association requests finance minister to review Kamath Committee recommendations

BUSINESS

COVID-19 impact: Restaurant association requests finance minister to review Kamath Committee recommendations

FHRAI is the apex body of the Indian hospitality industry, representing 55,000 hotels and 5,00,000 restaurants across the country.

COVID-19 is helping this organic personal care brand become Rs 100 crore from mere 6 crore in FY20

BUSINESS

COVID-19 is helping this organic personal care brand become Rs 100 crore from mere 6 crore in FY20

Since the leniency in lockdown, the company has been receiving 25,000 orders per month.

Worst is behind us, says HUL Chairman Sanjiv Mehta

BUSINESS

Worst is behind us, says HUL Chairman Sanjiv Mehta

HUL on October 20 reported a profit of Rs 2,009 crore in the quarter ended September 2020, rising 8.7 percent compared to Rs 1,848 crore in the same period last year.

This is what restaurants are doing to woo customers back to the dinner table amid COVID-19

BUSINESS

This is what restaurants are doing to woo customers back to the dinner table amid COVID-19

Restaurants are leading the way by introducing new and innovative initiatives to make it #SafeToEatOut again for their customers while attributing utmost importance to social distancing and hygiene.

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