Haier makes a Rs 775 crore bet on Indian arm
The infusion came after the local subsidiary, Haier Appliances India, more than doubled its authorised share capital to Rs 4,000 crore from Rs 1,900 crore, as per the latest regulatory filings made with the Registrar of Companies (RoC).
F&O: India VIX moves up 7%, 12,000 level critical for Nifty
Long buildup was seen in Tata Elxsi, Mindtree, Dish TV, Concor and Equitas.
Senior level exits peak in consumer companies
In retail, food and grocery chain Nature’s Basket chief executive officer Avani Davda has put i...
ET Awards: Modi government always ready to help industry, says Home Minister Amit Shah
Home Minister Amit Shah, FM Nirmala Sitharaman and Commerce and Industry Minister Piyush Goyal seek industry’s support and suggestions, and promise govt will listen to them. Shah also asked industry to engage with ministers and regulators to resolve problems. Sitharaman hinted at a big package of infrastructure projects soon
ET Awards 2019: Time to take some decisive steps, say industry captains
Union home minister Amit Shah along with finance minister Nirmala Sitharaman and minister for railways and commerce Piyush Goyal tried to calm the nerves, a day after government data showed that economic growth had slowed down to 4.5% for the July-September 2019 quarter, the slowest growth recorded in over six years, and had slipped below 5% for the first time.
ET Awards: Arun Jaitley always put country first, says Sangeeta Jaitley
The late minister, who was also an ardent cricket lover, set high ethical standards and had an ability to build accord across political divides, say his wife, ministers and businessmen. Sangeeta Jaitley, who was making a rare public appearance after the demise of her husband on August 24, was accompanied by her daughter, Sonali.
Punjab to woo global agri players for sustainable clean agri practices
Top agri players like ITC, Godrej Tyson, Hariyalee Seeds, Spain’s Congelados De Navarra and IFFCO have confirmed their participation in the summit, which will highlight the potential opportunities of growth in this sector as well as the strengths of the Punjab ecosystem.
FMCG firms go on a talent hunt at top business and technology campuses
Top FMCG players are apparently going strong on campus placement. Biggies such as Hindustan Unilever (HUL), ITC, Marico, Godrej and Dabur are expanding their reach across B-schools and top engineering and general colleges, and rolling out new roles for the Class of 2020.
Godrej Properties' sales bookings up 44% to Rs 2,343 cr in Apr-Sep FY'20
Out of the total sales bookings, Rs 2,329 crore pertained to housing segment and the remaining Rs 14 crore to commercial space. In volume terms, sales bookings rose 61 per cent to 3.6 million sq ft in April-September 2019 from 2.23 million sq ft in the corresponding period of the previous year, all this despite slowdown in the housing segment.
D-Street made Rs 43 lakh crore in 3 years since cash ban; and these stocks made the most
Despite telecom, auto, healthcare and PSU indices sliding 8-19 % in these three years, cash came in.
Govt’s Rs 25,000 crore booster: Top real estate players to gain most
Nine top players sold properties worth Rs 22,800 crore in FY19 thanks to millenials buyers.
Electronics companies run into entry-level pileup
While premium products like large screen televisions, frostfree refrigerators and fully automatic washing machines did sell in cities and large towns driven by plethora of consumer finance options and price cuts — sales of entry-level products which constitute the belly of the market — were a washout, several manufacturers said.
Godrej Consumer Products ropes in Anushka Sharma as brand ambassador for hair colour brand
“We are thrilled to partner with the country’s leading superstar Anushka Sharma to chart our future growth roadmap. She is a global icon, revered for her style and is regarded as one of the best actors of this generation. This strategic association will enable us to penetrate the younger target groups,” said Sunil Kataria CEO - India and SAARC, Godrej Consumer Products.
US treasury secretary asks India to build steady tax regime
US treasury secretary Mnuchin met some industrialists at the Taj Mahal Hotel in Mumbai. One of the industrialists at the meeting told ET Magazine that Mnuchin said India should do “something right” to make the most of the situation . Among the things that Mnuchin reportedly would like to see is a consistent taxation regime and lower trade barriers.
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