BUSINESS
International funds give best average returns in May, bank funds worst hit
Advisers are suggesting an investment in international funds as a means to diversify across countries and currencies due to volatility in Indian equities.
BUSINESS
COVID-19 impact | Blackberrys to align physical stores with digital capabilities
"The customer is now well-versed with the trends and believes in detailed research before making a purchase," said Nitin Mohan, founder and Director of Blackberrys.
BUSINESS
ITC evaluating food trends during lockdown, to launch new products soon
Given the Coronavirus pandemic consumers are looking for immunity boosting products
BUSINESS
DSP MF’s head of macro strategy Gopal Agrawal quits; Vinit Sambre to take over
Agrawal had joined DSP Mutual Fund in July 2018.
BUSINESS
Losing sense of taste & smell: Indian fragrances and flavours industry fears falling behind China
The Indian Fragrances and Flavours industry size is estimated at around $500 million which is growing at 11 percent per annum
BUSINESS
COVID-19 impact | Now, you can place order for a pair of shoes via WhatsApp
Battling revenue loss due to the pandemic, footwear brand Bata India is now allowing customers to buy shoes via the popular app.
BUSINESS
MFs turn conservative on investment mobilisation, go on a cleanup spree
SEBI had allowed mutual funds to grandfather existing investments in unlisted debt instruments till their maturity, so as to not disrupt the market.
BUSINESS
Food business honchos optimistic on regaining consumer confidence; expect normalcy in 6-9 months
Food safety and hygiene will replace price as the biggest differentiator in the future
BUSINESS
Consumers preferred vegetarian food during lockdown: Nielsen India
Only evolved hygiene products like hand sanitisers and floor cleaners continued to grow in lockdown phase .
BUSINESS
Coronavirus impact: Siyarams to launch anti-viral fabric in market soon
Siyaram’s is also planning to expand its online business which is currently at 10 percent.
BUSINESS
COVID-19 impact | FMCG companies enter into innovative tie-ups to reach out to customers
Most FMCG companies plan to continue the partnership even after the lockdown.
BUSINESS
Halt in exports, relaxation in APMC norms prompts mango farmers to sell directly to consumers
The late arrival of mangoes owing to transport challenges due to COVID-19 lockdown has impacted the price of mangoes.
BUSINESS
Stimulus package reactions: Is space more important than tourism, asks hotels association chief
The tourism industry was looking forward to a deep set of survival measures for the sector from the Rs 20 lakh crore stimulus package.
BUSINESS
COVID-19 crisis | Retailers unhappy with Atmanirbhar Bharat stimulus package; fear shutdown of businesses
The financial stimulus announced by PM Modi on May 12 is almost 10 percent of India’s gross domestic product (GDP) and comes as the country battles the economic effects of the coronavirus pandemic.
BUSINESS
COVID-19 impact | Wai Wai noodles to make up for the losses: Varun Chaudhary, Executive Director, CG Corp Global
Wai Wai enjoys close to 25 percent market share with some states having a share in excess of 60 percent.
BUSINESS
Labour and logistics constraints impairing production plans: Amit Kumat, Prataap Snacks
Due to the unavailability of labour, the plants are being operational at lower than normal capacity.
BUSINESS
Farm package to boost rural economy, benefit FMCG companies
For the past few months, the surge in agribusiness and rural sales has been the driving factor of the future growth potential of FMCG businesses in India. Rural contributes 35-40 percent of overall sales value.
BUSINESS
Bouts of volatility in equities to continue: Navneet Munot, SBI MF
Given the environment, both corporate sector and households may remain thrifty and risk-averse, he said.
BUSINESS
Instant food: Maggi helps Nestle India post strong sales in Q1
According to a survey conducted by Nielsen India, around 22 percent consumers found ready-to-eat meals out of stock.
BUSINESS
Government's CAPFs canteens move: No significant impact on FMCG companies, say analysts
analysts say that this rule is not applicable for CSDs (Canteen Stores Department) which are profit making.
BUSINESS
Opening shopping malls can reboot economy albeit with all safety precautions: Mall-owners
A data from SCAI indicates that there are 650 large shopping centres that contribute over Rs 180,000 crore in sales with 1000 plus smaller shopping centres contributing another Rs 50,000 crore to the sales of the organised retail sector.
BUSINESS
JioMart’s Jio moment—can the RIL company disrupt Indian retail?
JioMart is a blend of digital and neigbourhood physical retail that makes it easy for customers to place orders and encourages stores to get empanelled with Reliance Retail.
BUSINESS
Coronavirus pandemic | Canara Robeco bets on FMCG, healthcare & telecom plays
Investors should stay calm. Every few years, markets experience sharp corrections and volatility on the downside. Stock prices are always more volatile than fundamental values of businesses.
BUSINESS
Gated communities ink tie ups with firms for delivery of essentials, medicines
The tie-up will help mitigate the risk due to novel coronavirus, or COVID-19, in the lives of ApnaComplex residents and ensure that supply of groceries and vegetables to apartments is not interrupted
