“The Budget 2023 is hopeful for the whole Indian economy, as well as for consumers’ pockets,” said Varun Moolchandani, Executive Director-Archies. Despite the rising tax on soft toys, the Chinese toys industry, Archies, is optimistic about the future year. Moolchandani said that the government’s action is to boost the “Made in India” movement. “We delivered […]
Kansai Nerolac Paints (KNPL), one of the leading Paint companies in India, today at the Board meeting announced its unaudited results for the third quarter of financial year 2022-23. For the quarter, the company earned Net revenue from operations of Rs. 1717.1 crore, a growth of 1.4 per cent over the corresponding quarter of the […]
Devendra Chawla, former Chief Executive Officer and Managing Director of Spencer’s Retail has joined Eversource Capital-promoted shared electric mobility player GreenCell Mobility as its new CEO. He will report to the company’s board. Chawla had joined the RP Sanjiv Goenka Group in 2019 for a three-year term; he recently stepped down from his role. Prior […]
As part of the Union Budget, Finance Minister Nirmala Sitharaman announced several initiatives for the lab grown diamond industry. R&D grants will be provided to one of the IITs to encourage indigenous production of lab grown diamonds and reduce import dependency. Further, the government has also reduced the customs duty on lab grown diamond seeds […]
Dabur India’s consolidated net profit fell 5.4 per cent year on year (YoY) to Rs 476 crore in the September-December period. This compares to a net profit of Rs 504.35 crore declared a year earlier, according to the company’s regulatory filing. The company’s sales increased significantly by 3.4 per cent to Rs 3,043.2 crore, the […]
Tata Consumer Products on Thursday posted a 28 per cent jump in its profit after tax to Rs 369 crore for the quarter ended 31 December 2022, against Rs 288 crore in the year-ago period. The company posted a surge of 8 per cent in its revenue from operations to Rs 3,475 crore, against Rs […]
Raymond on Wednesday reported a decline of 5 per cent year-on-year (YoY) net profit at Rs 95 crore in the quarter ended on 31 December ,compared to the same quarter in the previous financial year at 100 crore , according to the company’s regulatory filing. Its revenue from operations grew by 18 per cent YoY […]
ITC Engage, one of India’s leading fragrance brands, has launched a new range of Eau De Parfums for occasion-based usage with day and night premium perfumes for men and women. In a first, ITC Engage, brings to bear the interesting interplay of fashion and fragrance. Exquisitely crafted, this new range of Engage Eau De Parfums […]
WK Life, an iconic London-based lifestyle brand marks its mega debut today in the Raipur city of Chhattisgarh state making it central India’s first store of its kind. In a grand ceremony at Ambuja City Centre Mall, the renowned brand opened its door for the first to Raipurites (Raipur people) with a monumental launch of […]
Godrej Consumer Products reported a 3.55 percent increase in consolidated profit after tax in the third quarter ended 31 December 2022, to Rs 546.34 crore on Tuesday. Godrej Consumer Products (GCPL) reported a consolidated profit after tax of Rs 527.6 crore in the same quarter last year, according to a regulatory filing. It said that […]
