Himadri Buch

Assistant Editor

Moneycontrol News

Food business honchos optimistic on regaining consumer confidence; expect normalcy in 6-9 months

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

Consumers preferred vegetarian food during lockdown: Nielsen India

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 .

Coronavirus impact: Siyarams to launch anti-viral fabric in market soon

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.

COVID-19 impact | FMCG companies enter into innovative tie-ups to reach out to customers

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.

Halt in exports, relaxation in APMC norms prompts mango farmers to sell directly to consumers

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.

Stimulus package reactions: Is space more important than tourism, asks hotels association chief

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.

COVID-19 crisis | Retailers unhappy with Atmanirbhar Bharat stimulus package; fear shutdown of businesses

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.

COVID-19 impact | Wai Wai noodles to make up for the losses: Varun Chaudhary, Executive Director, CG Corp Global

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.

Labour and logistics constraints impairing production plans: Amit Kumat, Prataap Snacks

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. 

Farm package to boost rural economy, benefit FMCG companies

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.

Bouts of volatility in equities to continue: Navneet Munot, SBI MF

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.

Instant food: Maggi helps Nestle India post strong sales in Q1

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.

Government's CAPFs canteens move: No significant impact on FMCG companies, say analysts

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.

Opening shopping malls can reboot economy albeit with all safety precautions: Mall-owners

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.

JioMart’s Jio moment—can the RIL company disrupt Indian retail?

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.

Coronavirus pandemic | Canara Robeco bets on FMCG, healthcare & telecom plays

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. 

Gated communities ink tie ups with firms for delivery of essentials, medicines

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

AMFI April data: Credit risk funds bleed; fund managers blame it on redemption pressure

BUSINESS

AMFI April data: Credit risk funds bleed; fund managers blame it on redemption pressure

Credit risk funds category continued to suffer in the month of April as well more so after Franklin Templeton shut its six debt funds including a credit risk fund citing liquidity constraints

COVID-19 impact | Noodle makers ramp up production to meet growing demand

BUSINESS

COVID-19 impact | Noodle makers ramp up production to meet growing demand

According to a survey conducted by Nielsen India, around 22 percent consumers found ready-to-eat meals out of stock.

Coronavirus lockdown | Retailers await guidelines from states to open shops

BUSINESS

Coronavirus lockdown | Retailers await guidelines from states to open shops

The government said on May 1 that it will extend its lockdown for another two weeks, but with relaxations in several areas that will potentially spring back to life economic activity

FMCG's Q1 CY20 growth at 6.3%, the slowest in three years: Nielsen India

BUSINESS

FMCG's Q1 CY20 growth at 6.3%, the slowest in three years: Nielsen India

In the Jan-Mar 2020 period, India’s FMCG industry grew at 6.3 percent across traditional trade, modern trade and e-commerce as against 7 percent in the previous quarter, the research firm said.

JioMart sees 6,000 kirana stores going onboard to offer WhatsApp grocery shopping

BUSINESS

JioMart sees 6,000 kirana stores going onboard to offer WhatsApp grocery shopping

Launched in January, the web-only arm of Reliance Retail allows consumers to purchase from among 50,000 products including groceries and other essential items along with private labels owned by Reliance Retail.

Redemption pressure in credit risk mutual funds persists

BUSINESS

Redemption pressure in credit risk mutual funds persists

AUM of credit risk fund category has been falling and the category has seen continuous outflows.

RBI’s special liquidity facility for mutual funds: Will it boost confidence?

BUSINESS

RBI’s special liquidity facility for mutual funds: Will it boost confidence?

Most mutual funds are of the view that RBI’s move will instill confidence in fund houses, particularly the ones struggling with redemptions.

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