New Delhi, Apr 23 (PTI) Global FMCG major Unilever on Thursday said its growth in India has been hit by both slowing market and the coronavirus-forced lockdown that led to a halt in production and shipping activities for a number of days. The Anglo-Dutch firm...
New Delhi, Apr 17 (PTI) New entrants and smaller brands are now dominating the hand sanitizer market, a segment which has witnessed multi-fold surge in sales post the Covid-19 crisis, says a report. Following the Covid-19 crisis, when demand for hand sanitizers increased, smaller players...
New Delhi, Apr 15 (PTI) Issuing fresh guidelines for the second phase of the lockdown, which will be in effect till May 3, the government on Wednesday said important financial services like banking and insurance will continue to function during the period to help people meet their financial...
Mumbai, Apr 13 (PTI) Economists on Monday termed the ease in March CPI inflation to a four-month low of 5.1 per cent as a misplaced sense of improvement because the impact of lockdown on food prices will be felt in April. Retail inflation as...
New Delhi, Apr 11 (PTI) Adani Wilmar, which sells edible oils under the Fortune brand, on Saturday said production of cooking oils has declined by 40 per cent due to labour shortage in the current lockdown, resulting in tight supplies of the essential commodity. Sales...
New Delhi, Apr 10 (PTI) The e-commerce sector can contribute significantly to the country's economy during the COVID-19 pandemic, research firm CUTS International said on Friday. "Many lockdowns implemented across the world have required consumers to explore online purchasing options. This clearly indicates that e-commerce...
New Delhi, Apr 9 (PTI) FMCG major Godrej Consumer Products Ltd (GCPL) on Thursday said its business has been disrupted across the globe due to the Covid-19 crisis and it would report "high teens revenue decline" in the January-March quarter. Though GCPL witnessed steady demand...
Multinational Nestle India limited , Index Nifty stock has gained 3926 points in just 15 days from its low of 12,944.65 on 23 March 2020 on closing basis.It means Nestle have zoomed more than 30 per cent in 15 days.Nescafe, Maggi ,Milkmaid are one of the few...
New Delhi, Apr 8 (PTI) Billionaire Mukesh Ambani-led Reliance Industries Ltd's net debt will fall even if energy and retail demand struggles for six months and the planned asset sales are delayed, analysts said. Also, RIL can re-prioritise investment, potentially slowing capex by up to...
New Delhi, Apr 7 (PTI) The COVID-19 crisis has the potential to push around 40 crore informal sector workers in India deeper into poverty, with the lockdown and other containment measures affecting jobs and earnings, an International Labour Organisation (ILO) report said on Tuesday. India...
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