Sesa sen

Coffee Day probe flags Rs 2,693 crore hole in books

The investigation was ordered by the board of CDEL after Siddhartha’s suicide last July and Ashok Kumar Malhotra, retired DIG of Central Bureau of Investigation was appointed for the same.

25 Jul 2020

Hindustan Unilever to retain Lipton, Brooke Bond brands in India

'The balance of Unilever’s tea brands and geographies and all tea estates have an exciting future, and this potential can best be achieved as a separate entity,' the Anglo-Dutch company said.

23 Jul 2020

Coca Cola revenue tumbles as lockdown takes a toll on soft drinks sales

Net income stood at $1.8 billion for the April-June period, down 32 per cent from the same period a year ago.

22 Jul 2020

Britannia Q1 net profit doubles to Rs 546 crore on robust sales, cost cuts amid Covid-19 pandemic

Britannia's domestic volume growth at 22 per cent in the June quarter as compared to low single-digit growth reported in the last few quarters.

17 Jul 2020

Hygiene will be the core focus area for us post-Covid19 world: Godrej Consumer

The new range includes germ-protection dish wash liquid, air and surface disinfectant spray, soaps, fruit and vegetable wash, masks, surface and skin anti-bacterial wipes.

16 Jul 2020

After Jio, Reliance Retail plans to tap global investors for additional capital

Reliance Retail has emerged as the partner of choice for global investors and is on track to be the next big investment driver for Reliance Industries, after Jio.

16 Jul 2020

Burmans of Dabur now own 20 per cent stake in Eveready

This acquisition makes Burman family the largest strategic investor in Eveready Industries holding 19.84 per cent equity stake in the company under various client accounts.

14 Jul 2020

COVID-19 impact: Bankruptcies big time in US corporate companies

From oil companies and gyms to an apparel retailers with a history that goes back to 1818 have declared bankruptcies since March.

11 Jul 2020

First quarter of FY21 to see FMCG firms record historic fall in sales

If the quarter-ended March has seen consumer staples’ volume growth fall steadily, the April-June quarter is set to be worse.

09 Jul 2020

Emami fumes after HUL changes men's fairness cream to 'Glow & Handsome'

“We are shocked to learn of HUL’s decision to rename its men’s range of Fair & Lovely as Glow & Handsome.

03 Jul 2020

States' market borrowing doubles to Rs 1.67 lakh crore in April-June period

In June alone, seven states raised a total of Rs 12,000 crore through SDLs, which was Rs 3,000 crore more than the notified amount with five states exercising the green shoe option.

01 Jul 2020

Because we're all worth it: L'Oreal joins HUL; to remove words like 'white', 'fair' from skin products

The move will be extended to all markets globally, said the maker of Gariner shampoo and Maybelline make-up, but it did not mention when it plans to drop these words.

26 Jun 2020

Dropping fair is lovely! Rising outcry forces brands to fix discriminatory offerings

Closer to home, one of the country’s largest matrimonial sites—Shaadi.com—had taken down a skin colour filter which allowed its members to sort prospective alliances based on skin colour.

25 Jun 2020

E-tailers ready to comply, but seek clarity on ‘origin of items’ labelling 

“We have told them clearly that we are not banning sale of any product. But, consumers should have the choice to know the place of origin of the items they are buying.

25 Jun 2020

Commercial coal mining auction to kick off June 18

The government believes that private participation will be a major boost for increasing revenue of coal mine-bearing states, but officials say that the investments will be accrued only over time.

12 Jun 2020