Prachi Gupta

How to fix rural distress? One profound answer for Modi govt 2.0: Dabur CFO EXCLUSIVE

With many FMCG players witnessing a slowdown in their latest quarterly sales, rural distress is the talk point of experts who attribute the slowdown to the ongoing agrarian distress.

Industry News

Mother Dairy raises milk prices up to Rs 2 per litre in Delhi-NCR, follows suit after Amul

Mother Dairy will not be increasing the prices of its token milk which is also known as Bulk Vended Milk (BVM).

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After Jet Airways crisis, crucial to revive aviation sector: Travel industry’s wishlist from Modi 2.0

The aviation industry which is still coming out of the after effects of Jet Airways grounding needs certain reforms. The same will also help the travel and tourism industry.

Industry News

Your laundry bill set to rise as Surf Excel, Rin, Ariel hike prices; popular detergents cost this much now

This follows the increase witnessed in April when Surf Excel, Ariel and Tide Increased rates by 4-6%.

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Consumer slowdown is real, but it is not as bad as it looks; revival soon, say experts

FMCG companies have been reeling under the rural slowdown since the past quarter, with the slowdown starting in February and March 2019.

FMCG News

Mukesh Ambani’s Jio yet to dethrone Vodafone, Bharti as India’s top telco; 9 crore users to go

Jio was expected to overtake Bharti after the Jan-Mar quarter results and this may have come as a surprise to many who were quite hopeful of Jio’s growth considering its bullish performance in past quarters.

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Hirings up 16% as IT industry continues to recruit; Bengaluru has most jobs on offer

The IT industry has most jobs on offer and it has been the forerunner in providing jobs in the previous six months as well.

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Mukesh Ambani among most trusted Indians, but these businessmen outrank RIL boss

Mukesh Ambani is fourth on the business list after Ratan Tata, Bill Gates and Walt Disney.

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Amul’s milk price hike was 2 years in making; MD Sodhi explains why milk has to get costlier

The indications for milk price increase were already there before Amul announced the hike.

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Bad news for DTH subscribers; High Court stays TRAI notice against Tata Sky, Sun Direct, others

Following the rising complaints from consumers regarding the termination of their long term plans, TRAI had served notice to major DTH operators directing them to honour the subscriptions.

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Baba Ramdev lashes out at Amazon; here’s what made Patanjali founder angry

Baba Ramdev has called out Amazon for listing products on its platform which feature pictures of Hindu gods.

Industry News

Patanjali’s Balkrishna admits FMCG slowdown, but Baba Ramdev’s firm remains hopeful of recovery

The rural slowdown has claimed its latest victim in Baba Ramdev's Patanjali.

Industry News

Tata Global Beverages on lookout for talent; MD says will need people to expand business

Tata Global Beverages -- the joint venture operator of Starbucks in India -- will soon be on the lookout for talent as the company embarks on business expansion.

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Tata’s pulses, detergent set the stage to morph Tata Global Beverages into Tata Consumer Products

Tata’s recent launches in FMCG including the launch of Tata Sampann pulses and Tata DZ Detergent had set the stage for the company’s intent to move beyond food.

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IndiGo CEO calms employee fears but does not debunk Bhatia, Gangwal fallout news

CEO Ronojoy Dutta wrote to the airline’s employees trying to assuage any concerns or uncertainties but did not breathe a word debunking the alleged fallout.

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After Jet Airways crisis, Qatar Airways seeks nod for additional flights to fill the void

The Qatar-Indian market is affected by the crisis looming on the Indian aviation industry with the grounding of Jet Airways in April 2017.

Industry News

Are Indians eating more pizzas than donuts? Dunkin’ Donuts owner says didn’t open single store in Q4

Jubilant FoodWorks, which is known for food outlets including Domino's Pizza and Dunkin’ Donuts, said that it has closed one Dunkin’ Donuts store in the Q4.

Industry News

Maggi, KitKat, Munch yet again Nestle’s profit drivers; continue winning streak of previous quarter

Maggi, Munch and KitKat were also the drivers of Nestle India's growth in the previous quarter.

Nestle Rating buy: Company is recovering lost ground News

Domestic airfares to remain high; better fly abroad as international air tickets set to get cheaper

Persistent high airfares will also take a toll on the passenger traffic, with the growth in the number of domestic travellers expected to moderate to 8-12%.

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Nestle’s organic play: To launch organic milk products in India; other highlights from Q1 results

Nestle has said that it will launch organic products in Milk Products and Nutrition category.

Analyst Corner: Nestle’s existing portfolio cementing its leadership News

IndiGo wins big, gets 38 of Jet Airways’ 118 plum Delhi slots

Grabbing a total 127 slots out of 766 vacated by Jet Airways, IndiGo has got hold of the second most number of slots after rival SpiceJet.

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New DTH Cable TV rules: Has TRAI resolved customer complaints?

From high pricing to arbitrary packs from the service providers, the list of consumer complaints goes long.

Industry News

Now, ITC confirms rural FMCG slowdown; says, sales growth muted due to sluggish demand

Major FMCG brands have been witnessing muted growth owing to rural demand slowdown.

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Uber CEO reminds employees of rocky start of Amazon, Facebook IPO; says our road is same

With Uber’s capital and the market’s tendency to change sentiments, the cab-hailing giant hopes that it will show improved margins and profits in the future.

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PF notice to Jet Airways: Airline pulled up for non-payment of employee dues

Jet Airways has been served a notice against non-deposit of Employee Provident Fund since March 2019.

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Veeba eyes Rs 7,000 crore market with foray in kid nutrition segment

Pegging the child nutrition beverage market at Rs 7,000 crore, Veeba said that the growth trend for the premium nutrition market is witnessed to increase 12% on a year-on-year basis.

Industry News

Paytm Mall goes after fraud merchants; ropes in EY to build tech system before going global

The EY system will help identify fraud merchants which Paytm Mall will weed out subsequently.

Industry News
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