The ruling is significant as it sends a message to listed companies that material disclosures can’t be hidden in fine prints
Large companies are estimated to report subdued revenue growth rates in December quarter
DPIIT's QCOs apply to a wide range of products, including smart meters, footwear, toys, cooking utensils, fire extinguishers, safety glass, welding rods, and components for building, all to ensure safety and improve manufacturing quality.
New taxes make premium products even more expensive for consumers
The growth in the topline will also be helped by the premiumisation trend, it added
The share of food in total consumption expenditure of rural households varies from 39 percent in Kerala to 54 percent in Bihar and Assam.
Reliance Consumer has a sizeable beverage portfolio, which includes brands such as Campa, Sosyo and Raskik.
As against the exports of USD 325 million in 2022-23, the outbound shipments from the sector touched USD 230 million during April-October this fiscal, Additional Secretary in the commerce ministry Rajesh Agrawal told reporters here.