BUSINESS
COVID-19 impact: Clothing manufacturers body CMAI's head says textile industry may see consolidation
Currently, India is going through an unprecedented complete lockdown since March 22, which was extended to July 31, to prevent the spread of coronavirus.
BUSINESS
ITC sees demand for staples, noodles and hygiene products during COVID-19 lockdown
India's FMCG major ITC on July 24 reported a 26 percent year-on-year fall in standalone net profit for the quarter ended June 30, 2020, at Rs 2,342.76 crore.
BUSINESS
Chicken biryani or masala dosa -- what did Indians order most during lockdown?
From groceries to medicines to food items, Swiggy StatEATistics report details what Indians ordered most when holed up at home due to coronavirus
BUSINESS
Festive season sales | All depends on resolution of supply chain, operational issues: Retailers Association CEO
RAI wants authorities to allow essential shops, including kiranas, general trade shops, supermarkets, hypermarkets and wholesalers, to operate every day of the week until 9 pm to cater to the daily needs of customers
BUSINESS
Ready to resume dine-in services; delivery not a viable option to run business, say restaurant owners
But even in cities where services have resumed, customers are reluctant to dine out because of infection fears and depressed incomes. Restaurants are now going the extra mile to regain their confidence and assure them of a safe dining experience
BUSINESS
HUL yet to decide on restarting operations at 3 manufacturing plants that saw COVID cases
The three manufacturing plants are located at Haridwar in Uttarakhand, South of India (erstwhile GSK plant) and in West Bengal.
BUSINESS
What does HUL Q1 result tell us about India’s consumption during the lockdown
Food and refreshment segment showed strong growth of 51.7 percent at Rs 2,958 crore. EBIT increased 53.6 percent YoY to Rs 582 crore in Q1 FY21
BUSINESS
Amid localised lockdowns, retailers' unanimous call to open all shops till 9 PM
The total lockdowns in some places and limited operational hours and days in several others are creating setbacks for retailers as the already stressed retail businesses are getting further interrupted and in turn dampening consumer sentiment.
BUSINESS
Maharashtra lockdown | 5 million retail jobs at stake: Shopping Centres Association
The lockdown has also put plans of more than 30 malls on hold, which are currently under construction.
BUSINESS
COVID-19: How malls in Maharashtra are gearing up for Unlock 3.0
Sanitising tunnels, unidirectional movement of customers and appointment-based visits are some of the precautionary steps being taken. The Shopping Centres Association of India has already brought out detailed Standard Operating Procedures.
BUSINESS
Is Reliance Retail the next unicorn? It certainly ticks all the boxes for investors
With a footprint encompassing B2C and B2B retail as well as the kirana network, which can all feed its online business JioMart, Reliance Retail is well poised to command the market
BUSINESS
Demand for biscuits in lockdown pushes up Britannia’s profit up 117% in Q1
For Britannia, 70-80 percent of revenue comes from biscuits.
BUSINESS
GCPL aims to make brand Godrej Protekt a Rs 500-crore company in next 3 years; CEO Sunil Kataria
The company has launched 14 products including soaps, face masks, fruit & veggie wash and dish wash under the three broad hygiene categories.
BUSINESS
iD Fresh sees demand for whole wheat parota apart from signature idly-dosa batter in lockdown; Co-Founder PC Musthafa
Work-from-home culture increases demand for filter coffee. iD Trust initiative, under which products are dropped off at apartments without asking for payment, growing in popularity.
BUSINESS
FMCG wrap: Lockdown may hit companies' Q1 FY21 earnings
Britannia will be announcing its first quarter results for FY21 on July 17, ITC on July 24, Marico on July 27 Nestle on July 28, and Dabur on July 30.
BUSINESS
Festive season may bring cheer to retailers; companies eye demand revival from Q2 FY21
Metros like New Delhi and Mumbai are the worst hit, and they are also the biggest fashion markets in India.
BUSINESS
FMCG companies need to raise their ad spend from September, say brand experts
For most FMCG companies, a large part of the decline came in the second half of March due to a nationwide lockdown to contain the COVID-19 pandemic.
BUSINESS
COVID-19 impact: Retailers tap omni channel, social media to boost sales
Retailers body survey shows 67 percent consumers losing interest in shopping. Instagram prominent presence in sales strategy of firms
BUSINESS
COVID-19 pause facility pulls down SIP inflows in June: AMFI CEO Venkatesh
The assets under management from SIPs rose to Rs 3 lakh crore from Rs 2.76 lakh crore
BUSINESS
AMFI June data: Multi-cap, large-cap funds see outflows; liquid funds worst hit
Total assets under management (AUM) in June rose to Rs 25.5 lakh crore as compared to Rs 24.5 lakh crore in May.
BUSINESS
All is fair in business and war: HUL versus Emami — who will dominate men’s fairness cream space?
Emami is evaluating legal action against HUL for renaming its men’s range of Fair & Lovely products as 'Glow & Handsome'.
BUSINESS
Amid calls to boycott Chinese products, what’s in a name? Ask Ching's Secret
Capital Foods is not worried that the backlash against Chinese businesses will affect its Chinese-named packaged food business.
BUSINESS
Mutual funds update: All equity, debt schemes deliver positive returns in June
Mutual fund managers expect FY22 to be a more normalised year for economic growth.
BUSINESS
Mutual Funds wrap: Mid, small-cap funds deliver positive returns but will gains sustain?
Both mid and small-cap indices have outdone Sensex returns. How long will this rally sustain?
