Godrej Consumer hold price increase of soaps amid cost impact
"Pricing in the soaps category has seen significant deflation in 2019. However, in recent months, we have seen a 30 per cent rise in raw material inputs. We were planning for a price increase to partially cover for this spike. But given the outbreak of COVID-19, we decided not to hike prices now," Godrej Consumer CEO (India & SAARC) Sunil Kataria said.
Buy Godrej Consumer Products, target price Rs 580: Edelweiss
The analyst suggested a stoploss at Rs 503 .
Hindustan Unilever to slash prices of hygiene products, pledges Rs 100 crore to fight Covid-19
"In crisis like this, companies have a big rol...
Tata Motors-owned Jaguar Land Rover suspends production in UK amid coronavirus pandemic
“As a responsible business, Jaguar Land Rover is operating in line with advice from the NHS and Public Health England to minimise the spread of the coronavirus, whilst implementing plans to safeguard its business continuity. The company will work towards an orderly return to production once conditions permit,” JLR said in a statement.
Assam Rifles brass under scanner for lapses in deal
Sources told ET that the director general of AR –– a three-star Lt Gen from the Army –– has been identified in the inquiry as having been instrumental in awarding a Rs 18-crore contract to a private contract by unjustly disqualifying the competition and fast-tracking the process.
Warner Bros Pictures suspends 'Matrix 4' production due to coronavirus
It is still unclear if the delay will impact the scheduled 2021 release.
Power generators decline to take fuel supplies from Coal India subsidiary, stops payment
According to the statement, most of its power sector consumers have started regulating coal receipt by filing lesser or no rail movement programs at all. Following increased production and supplies from the subsidiary, fuel stocks at most these plants are adequate for 35-40 days, one of the highest ever, prompting them to regulate receipt of the dry fuel.
FMCG companies slash sanitiser, face mask prices by up to 70%
The Ministry of Consumer Affairs, Food and Public Distribution on Saturday issued a notification to cap the retail price of 3-ply masks at Rs 10 per piece, 2-ply masks at Rs 8 a piece and hand sanitisers at not more than Rs 100 per 200 ml, with lower or higher volume packs priced proportionately. The order is effective till June 30.
Tech View: Nifty likely to trade in wide range, may retest recent low
At current juncture, Nifty faces strong resistance at 9,600 and has a key support at 8,500.
NY Fed to buy a range of Treasurys to try to ease jitters
The Fed announced Thursday that it's injecting $500 billion into short-term lending markets to address disruptions in the Treasury market. It's also broadening its ongoing purchases of Treasurys to include longer-term bonds. The moves caused the stock market to sharply pare its losses.
Bajaj Auto launches BS-VI range of 3-wheelers, completes transition to new emission norm
The company has launched 14 BS-VI compliant products across the RE, Maxima and Maxima Cargo brands and thus has transitioned to BS-VI regime for the entire three-wheeler range, Bajaj Auto said in a statement.
How bamboo is being innovated into home decor products
The mood in 2020 is bamboo everything – from baskets to flooring and more, this sustainable material is popping up everywhere.
Trust the team, set goals a night before: Start-up bosses share how they make working from home productive
With social distancing becoming the norm, here is how some founders are working.
Rajya Sabha productivity spikes in second week of Budget Session
After mere 9.5 per cent productivity during the first week of the second part of Parliament's Budget Session, Rajya Sabha saw a sharp increase with 82.6 per cent productivity recorded during the second week.
Production to go up in Vedanta's Lanjigarh refinery
The improvement in operational parameters has been driven by a 26% reduction in caustic soda consumption and a 19% decline in conversion cost , an official statement said.
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