Uflex says COVID-19 may propel development of sterile, anti-microbial packaging solutions
Uflex revenues could grow 12-15% in FY21, as new projects are commissioned during the year, Rajesh Bhatia, Group President (Finance & Accounts) & CFO UFlex told Moneycontrol
Safe haven gold a good bet during volatility, uncertain times
Investors have evinced more interest in Gold ETF holdings which can be sold anytime on listed exchange or through the mutual fund company.
Coronavirus impact | Demand for flour, baking soda spikes as India cranks up the oven
Ingredients fly off the shelves as people taking to baking like never before.
SBI MF CIO Munot says eyeing companies ready to reimagine business processes
In an interview with Moneycontrol, Navneet Munot said SBI MF is anxiously excited as it scouts for winners amidst the chaos
Coronavirus impact: Tupperware India taps social media for selling its products
In the first three months of the current calendar, the company has grown 15 percent. But due to the COVID-19 challenges, Chhabra said the company has lowered growth expectations by December-end to 10 percent.
New UTI Mutual Fund boss Imtaiyazur Rahman has his task cut out
Imtaiyazur Rahman is a UTI veteran, but the mutual fund's assets under management has reduced by nearly 9% in the past two years.
With a full-time CEO, will UTI MF finally be able to launch its IPO?
On Dec 19, UTI AMC filed draft red herring prospectus (DRHP) with the capital market regulator SEBI but the IPO was stuck.
Will Nisaba Godrej be able to steer flagship company back to its dominant position?
According to the company, its India business sales declined 18 percent year-on-year, led by a 15 percent year-on-year decline in volume.
Mutual fund industry adds lowest number of investor accounts in three months in May
The mutual fund industry opened 6.12 lakh new folios in May, taking the overall folio count to 9.10 crore. It had added 6.82 lakh new folios in April and 9 lakh folios in March
Unlock 1.0 | Restaurants allowed to open from June 8, but will they?
Will unlock 1.0 bring any relief to the restaurants and mall owners who have already suffered huge losses due to the lockdown?
AMFI May data | Equity inflows down 15% at Rs 5,256.52 crore; outflows in credit risk fund slows
Total MF Industry up 54% at Rs 70813.4 cr vs inflows of Rs 45,999.5 crore.
Unlock 1.0 | Retailers Association of India's CEO seeks uniform reopening of stores
Shops and malls, especially those outside containment zones, are gearing up to reopen from June 8. However, strict guidelines have been issued to ensure social distancing.
COVID-19 crisis | Companies shift focus toward launching, promoting immunity-boosting products
Dabur which sells Chyawanprash and Honey reported a 400 percent surge in demand for flagship its Dabur Chyawanprash and an 80 percent growth in Dabur Honey.
Unlock 1.0: Retailers, malls lock horns over rent; Future Retail's Rakesh Biyani bats for viable model
Retailers have suffered huge losses due to the lockdown. Operating stores at pre-contracted rents will only add to the losses.
COVID-19 impact | Ice cream industry suffers a meltdown; sales dip 50%
Ice cream has not considered an essential commodity. So, during the lockdowns, there was neither manufacturing nor transportation of ice cream.
JSW Paints expects revival in next 3-4 months; launches anti-bacterial paint
JSW Group, which entered the paint business in April 2019, aims to achieve a share of 5 percent in the decorative paints market within three years.
Indian retail sector prepares for Unlock 1.0, seeks uniform reopening of stores
Non-essential retail sales have seen a frightening drop from 50 percent in March 2020 to 80 percent in May.
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.
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.
ITC evaluating food trends during lockdown, to launch new products soon
Given the Coronavirus pandemic consumers are looking for immunity boosting products
DSP MF’s head of macro strategy Gopal Agrawal quits; Vinit Sambre to take over
Agrawal had joined DSP Mutual Fund in July 2018.
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
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.
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.
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