Himadri Buch

Assistant Editor

Moneycontrol News

Uflex says COVID-19 may propel development of sterile, anti-microbial packaging solutions

BUSINESS

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

BUSINESS

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

BUSINESS

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

BUSINESS

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

BUSINESS

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

BUSINESS

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?

BUSINESS

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?

BUSINESS

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

BUSINESS

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?

BUSINESS

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

BUSINESS

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

BUSINESS

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

BUSINESS

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

BUSINESS

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%

BUSINESS

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

BUSINESS

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

BUSINESS

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

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.

COVID-19 impact | Blackberrys to align physical stores with digital capabilities

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.

ITC evaluating food trends during lockdown, to launch new products soon

BUSINESS

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

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.

Losing sense of taste & smell: Indian fragrances and flavours industry fears falling behind China

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 

COVID-19 impact | Now, you can place order for a pair of shoes via WhatsApp

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.

MFs turn conservative on investment mobilisation, go on a cleanup spree

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.

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