Himadri Buch

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Moneycontrol News

COVID-19 SOP: Malls need to shell out Rs 30 lakh a month to meet sanitation guidelines, says Phoenix Mills' Rajendra Kalkar

BUSINESS

COVID-19 SOP: Malls need to shell out Rs 30 lakh a month to meet sanitation guidelines, says Phoenix Mills' Rajendra Kalkar

The Phoenix Mills has concluded rental negotiation agreements with almost 90 percent of retailers and brands.

COVID-19 lockdown boosts demand for healthy cookies, says Unibic India CEO

BUSINESS

COVID-19 lockdown boosts demand for healthy cookies, says Unibic India CEO

The company sells 25 variants including cookies, snack bars and crackers and plans to add two to three more variants by the end of December this year.

Unlock 3.0 | Visit to a mall in Mumbai: Despite strict safety measures, tepid response on Day-1

BUSINESS

Unlock 3.0 | Visit to a mall in Mumbai: Despite strict safety measures, tepid response on Day-1

As part of the Unlock 3.0, malls in the state of Maharashtra reopened on August 5 after a gap of more than four months of being totally shut due to the novel coronavirus-led lockdown.

COVID-19 impact: Arvind Fashions looks to reinvent denim

BUSINESS

COVID-19 impact: Arvind Fashions looks to reinvent denim

Denim which was the go-to fabric has been shunned by customers. He also agreed that sales of denim for the company has been ‘pretty low.’

Malls in Maharashtra to open on August 5: Will customers be keen to visit?

BUSINESS

Malls in Maharashtra to open on August 5: Will customers be keen to visit?

Maharashtra has more than 75 malls, with almost 50 percent spread across Mumbai MMR, Thane, Kalyan, Navi Mumbai Dombivli, etc.

The jeans are just not fitting in a COVID-19 lockdown world

BUSINESS

The jeans are just not fitting in a COVID-19 lockdown world

People are pairing shorts, yoga pants or track pants with more professional looking tops for video calls.

JioMart delivering over 4 lakh orders daily, to expand services across cities with kirana tie-ups

BUSINESS

JioMart delivering over 4 lakh orders daily, to expand services across cities with kirana tie-ups

The bouquet of JioMart products now includes a wide range of personal care products, home and kitchen care products, puja needs, shoe care, baby care products, branded foods etc

Mother Dairy wants to break bread with you!

BUSINESS

Mother Dairy wants to break bread with you!

Company ventures in to Rs 5,300-crore bread industry as it trnasfroms from a pure dairy frim to a diversified food and nutrition company.

Motilal Oswal AMC’s CEO Aashish Somaiyaa resigns after 7 year stint: Sources

BUSINESS

Motilal Oswal AMC’s CEO Aashish Somaiyaa resigns after 7 year stint: Sources

If market grapevine is to be believed, then Somaiyaa is likely to join a four year-old NBFC, InCred, which was founded by former Deutsche banker Bhupinder Singh.

FMCG sector to register flat growth in 2020: Nielsen

BUSINESS

FMCG sector to register flat growth in 2020: Nielsen

Earlier, on April 30, in the middle of the lockdown, Nielsen had slashed the growth forecast for the FMCG sector by almost half to 5-6 percent for 2020 citing adverse impact of the coronavirus pandemic.

Colgate-Palmolive Q1 numbers beat estimates, net profit up 17.2%

BUSINESS

Colgate-Palmolive Q1 numbers beat estimates, net profit up 17.2%

Overall volumes declined 7 percent versus estimates of a 10-11 percent decline.

Almost two-thirds of Indian consumers ate healthy biscuits in last 6 months: Mintel survey

BUSINESS

Almost two-thirds of Indian consumers ate healthy biscuits in last 6 months: Mintel survey

Even before the pandemic, the research highlighted that almost one-third (30%) of consumers said they find biscuits/cookies that improve immunity to be appealing.

Suraj Vazirani: The man who built a Rs 11-crore business in two years by selling beauty products

BUSINESS

Suraj Vazirani: The man who built a Rs 11-crore business in two years by selling beauty products

When he started the company in 2018, countless beauty brands were available in the market. Vazirani saw that there were a few untapped segments in the women’s grooming industry. This resulted in the birth of The Beauty Co.

Maggi or Milk — what did Nestle sell most during the lockdown?

BUSINESS

Maggi or Milk — what did Nestle sell most during the lockdown?

We take a look at FMCG major Nestle India’s quarterly results to find out which of its product categories performed well.

FMCG companies go digital, will the distributor be latest victim of coronavirus?

BUSINESS

FMCG companies go digital, will the distributor be latest victim of coronavirus?

Online stores, ecommerce platforms and tie-ups with delivery startsup, FMCG companies are changing the way they make their products available to consumers.

Hair oil or edible oil? How Marico products fared amid COVID-19 slowdown

BUSINESS

Hair oil or edible oil? How Marico products fared amid COVID-19 slowdown

The company gained market share in more than 90 percent of the portfolio, with Saffola Oils and Foods category leading the way.

How the growing appetite for food delivery is fuelling the rise of cloud kitchens

BUSINESS

How the growing appetite for food delivery is fuelling the rise of cloud kitchens

With nearly 40 percent of India’s restaurants still shut because of Covid and people still reluctant to enter those that are open, it’s boom time for these delivery-only joints

COVID-19 impact: Clothing manufacturers body CMAI's head says textile industry may see consolidation

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.

ITC sees demand for staples, noodles and hygiene products during COVID-19 lockdown

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.

Chicken biryani or masala dosa -- what did Indians order most during lockdown?

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

Festive season sales | All depends on resolution of supply chain, operational issues: Retailers Association CEO

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

Ready to resume dine-in services; delivery not a viable option to run business, say restaurant owners

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

HUL yet to decide on restarting operations at 3 manufacturing plants that saw COVID cases

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.

What does HUL Q1 result tell us about India’s consumption during the lockdown

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

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