by Lois C. Ferrara | May 8, 2020 | Business News
Domestic steelmakers are relying on exports to offset low demand at home in the wake of the Covid-19 outbreak. The likes of Tata Steel and Jindal Steel & Power are exporting 80-90% of their production, while JSW Steel is looking at shipping out somewhere around 20-30% of its output. In addition to traditional markets like […]
by Lois C. Ferrara | May 1, 2020 | Business News
Hindustan Unilever chairman and managing director Sanjiv Mehta spoke about the consumer goods market and the broader economy after company’s March quarter earnings were announced. Edited excerpts: What were the reasons for sales declining? Just before the outbreak of...
by Lois C. Ferrara | Apr 29, 2020 | Business News
NEW DELHI: The Confederation of All India Traders (CAIT), a traders’ body that represents millions of local Kirana stores, on Wednesday backed Indian e-commerce companies that help digitize local grocery stores as well as comply with Indian rules and...
by Lois C. Ferrara | Apr 26, 2020 | Business News
By Pradeep S. Mehta and Sidharth Narayan The government of India has been keen to integrate the local Kirana stores within the e-commerce ecosystem. Talks on it had been ongoing between Ministry of Commerce, Department for Promotion of Industry and Internal Trade...
by Lois C. Ferrara | Apr 21, 2020 | Business News
Mumbai: Unfazed by the Indian government’s clamps on Chinese foreign direct investment (FDI), leading automobile makers from China are ready to go ahead with close to $5 billion lined up for India in two-three years. Shanghai Automotive owned-MG Motor and Great Wall...
