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Prachi Gupta

Articles By Prachi Gupta

601 Articles

Britannia beats coronavirus blues with this much sales growth; outshines peer FMCG firms amid lockdown

Biscuit and bread maker Britannia is an outlier with its sales and PAT estimated to be in double digit during the lockdown even while FMCG companies in general remained downbeat due to coronavirus.

Amul forays into edible oil after PM’s Atma Nirbhar Bharat call; launches Janmay

Amul has forayed into the edible oils category in Gujarat and Rajasthan, after Prime Minister Narendra Modi’s call for Atma Nirbhar Bharat or self-reliant India.

Amul has launched new product Panchamrit, a blend of honey, sugar, curd, milk and ghee

Flipkart picks stake in Flying Machine-owner Arvind Fashions; invests this much

Homegrown e-commerce portal Flipkart has picked a “significant” minority stake in Arvind Fashions which owns Flying Machine brand of apparels.

flipkart,

PM Modi says massive investment opportunities in these sectors; lays red carpet for global investors

India presents massive growth opportunities in various sectors such as defence, agriculture, MSMEs and sunrise industries, and the country has laid a red carpet for global investors, Prime Minister Narendra Modi said.

Narendra Modi, India, Coronavirus, COVID-19, Coronavirus drug, COVID-19 drug, antiviral drug, Coronavirus vaccine, COVID-19 vaccine,

India cuts China imports by half in a year; needs measured approach to further lower dependence: SBI

While anti-China sentiments gain prevalence in the country, India has already cut its import dependence on China by half in the last financial year.

Coca-Cola’s ‘vocal for local’ move: FMCG firm plans door-to-door delivery of Fanta, Sprite, etc in rural India

Coca-Cola India has partnered with Common Services Centers to provide goods at doorsteps of consumers in rural India as the demand of the FMCG products has surged in the last few months.

Back from the brink: Unlock 1.0 puts MSMEs back on recovery path littered with manpower, capital issues

Ease of Doing Business for MSMEs: For MSMEs, it is critical to keep their expenses in check and remain solvent in the current scenario. Lack of solvency in the business would further not allow them to take advantage of the no

TikTok loses, ‘desi’ Mitron wins as India declares war against Chinese apps

India has declared a full blown war against Chinese apps, giving Indian startups a moment to shine. The latest to make merry is homegrown short form video app Mitron.

mitron

Amul’s Panchamrit for temples; makes it easier, hygienic for devotees amid coronavirus

Amul has launched Panchamrit, a mix of five ingredients which is usually offered in temples as ‘prasad’, as hygiene becomes a focal point amid coronavirus panic.

amul, , fmcg,

Business activity falls again, for first time after opening up; Nomura, Google data, jobs report show this

Business activity in the country fell during the week that ended 5th July, dropping for the first time since May when the government eased restrictions on business operations.

IIP , industrial production, Index of industrial production, IIP in May, revision in IIP policy

Marico’s Saffola, Parachute beat lockdown blues; FMCG firm remains optimistic of revival despite volatility

Two of Marico’s brands Saffola and Parachute have shown high volume growth even amid lockdown. Marico has attributed high sales of Saffola to increase in in-home consumption as consumers remained confined to homes.

RIL, Kishore Biyani firm speak up on Future Retail stake buy report; check if deal is happening

Kishore Biyani-led Future Group and Mukesh Ambani-run Reliance Industries Ltd have issued separate clarifications over media reports which said that RIL is eyeing to buy a stake in Future Retail.

RIL

Jio, Airtel, Voda Idea badly need to raise tariffs to survive; here’s how much more you should pay

India has one of the lowest tariff rates in the world, but in the long-run, companies will be required to change that to not only have healthier balance sheets with strong free cash flow but also to be able to invest in bette

A year after FMCG slowdown, HUL still talking about recession, but for a different reason this time

The bellwether of FMCG industry HUL is again talking about recession albeit because of different reasons this time. The coronavirus pandemic is threatening the growth of many industries, and FMCG is not immune either.

GST regime had largely stabilized, if not for coronavirus; now, time to make this long-due change

After more than three years of its roll out, Prime Minister Narendra Modi’s Goods and Tax (GST) regime had largely stabilised, but the coronavirus pandemic threw a spanner in its progress.

Amazon doubles down on pantry services as demand soars for daily essentials amid coronavirus

Amazon India has expanded its pantry services to 300 cities in the country as demand soars for day-to-day items amid coronavirus.

Raining jobs at Amazon, Grofers, Paytm; e-commerce hirings soar as online goes popular amid lockdown

E-commerce companies such as Amazon, Grofers, Paytm Mall etc have ramped up hiring as online shopping becomes new normal amid coronavirus lockdown.

India’s dairy farming gets Rs 15,000 cr to fuel milk output, export, employment, under Modi’s pashudhan scheme

The government today announced an allocation of Rs 15,000 crore to bolster India’s animal husbandry and livestock sector, or ‘pashudhan’, and an interest subvention of up to 3% to private players for setting up of dairy

RIL explains how JioMart e-commerce will work; Mukesh Ambani eyes expansion with focus on retail

Oil-to-retail conglomerate Reliance Industries Ltd has ambitious plans for its kirana e-commerce platform JioMart, and the company is now looking to strengthen its presence further in the country.

jIOMart, ril, reliance retail

Coca-Cola’s spiced buttermilk to take on Amul, Mother Dairy, as Coke maker pushes Indian beverages

Coca-Cola has launched another Indian regional beverage -- spiced buttermilk -- under its VIO brand. Coca-Cola’s entry in the buttermilk category is expected to raise competition for Amul and Mother Dairy.

Not Lux, Lifebuoy, Breeze; here’s what is driving HUL’s revenues instead

Hindustan Unilever’s popular soap brands such as Lux, Lifebuoy and Breeze are not the driving force behind the company’s growth. Instead, its premium line of soaps and detergents pushed HUL’s revenues.

Flipkart’s ‘vocal for local’ move; debuts in ‘Made in India’ kids furniture segment

Homegrown e-commerce giant Flipkart has debuted into the kids furniture segment, and has said that it will source these products from local manufacturers only, as PM Modi continues to push for ‘Aatmanirbhar Bharat’.

flipkart,

Soap business set to boom in coronavirus aftermath; other hygiene items also promising, says HUL

Soap business presents a massive business opportunity in the aftermath of coronavirus as more and more people adopt hygiene practices and become conscious of health concerns.

Coronavirus,handwashing access, covid 19 risk, COVID transmission, coronavirus cases in india, latest news on coronavirus outbreak

Jio-Facebook’s Alibaba-like model to open door for $2 trillion market; retail, payment, content key to success

With Mukesh Ambani and Mark Zuckerberg joining hands to contribute to India’s digital economy, the Jio-Facebook platform may actually open doors for a market which is likely to reach $2 trillion or even more by 2025.

Ola tries to assuage customer fears of public spaces; pledges Rs 500 crore to make your rides safer

While consumers may find themselves increasingly skeptical of public spaces as coronavirus has raised concerns about hygiene and safety, companies are now also taking precautions to avert such scenarios.

ola, coronavirus, public space,

RBI survey: Consumer confidence hits six-year low; pessimism looms over jobs, income amid COVID-19

With coronavirus aggravating economic slowdown which has been continuing for a year now, consumer confidence has fallen to lowest levels in six years in May 2020, and uncertainties regarding income and jobs also loom large.

SBI, Bank of Baroda, Bank of India among top PSU banks offering most MSME loans under Modi’s package

Credit and Finance for MSMEs: State Bank of India, Bank of Baroda, Bank of India, are some of the PSU banks which are offering MSME loans under Prime Minister Narendra Modi’s Atma Nirbhar Bharat economic stimulus package.

The Cabinet on Monday decided to further widen the definition of micro, small and medium enterprises (MSMEs) to enable thousands of more units to take advantage of various official benefits
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