The unlisted entity has brands like Sensodyne toothpaste, Crocin analgesic and Iodex pain balm. The majority of GSK Consumer’s India portfolio, comprising the health drinks, comes under the listed entity and this will now move to Hindustan Unilever.
French luxury giant LMVH had in the past said it is keen to pick up equity in Patanjali. The ayurveda products maker had forced global and local players to step up their portfolio in this space as it became a Rs 10,000-crore-plus company in just about a decade. However, Patanjali has been losing ground in recent times.
H&M sent out an email to its Delhi office employees that they should work out of home on Monday and they can come late or leave early Tuesday onwards until November 15.
Enlisting the reasons why 46% of respondents wanted a uniform drinking age of 21 years, a study by Kantar and NFX said it would enable them to be aware of their limits of responsible alcohol consumption. It indicated that a growing number of Indian consumers are willing to indulge in responsible drinking provided certain barriers are addressed.
The two young Bollywood actors have signed up close to a dozen brands each over the past six months, probably matching the pace at which they have been winning over movie buffs across the country with their performances in films such as Uri: The Surgical Strike and Andhadhun.
Environment-consciousness and eco-friendliness of brands were ranked as the highest parameter influencing shoppers (67%), followed by natural and organic ingredients (66% and 65%, respectively).
We’re working with restaurant partners to drive more meals; not more discounts, Swiggy Marketing VP TS Srivats.
The combined value of the deals in the first phase of the selloff is estimated at Rs 1,500-2,000 crore, one of the officials said. HCCB has 18 plants and accounts for two-thirds of Coca-Cola India’s volumes.
Ahmed El Sheik’s comment on the economy comes on a day when global ratings firm Fitch cut India’s growth forecast for fiscal 2020 to 5.5% from its June projection of 6.6%. The slowdown has hurt the FMCG sector, where PepsiCo operates, as well.
"As I have gone selling with the frontline in India, as I've gone selling with the frontline in US, what you realise is some of these things that were traditional strengths of RB are being inconsistently delivered at the point of sale,”: Narasimhan
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