BHARAT BRAND OF PRODUCTS
Monsoon is a cyclical headwind, but infra push and M&A are bigger tailwinds for long term investors: 5 cement stocks with upside potential of up to 44%
Cement is a sector which has probably seen maximum mergers and acquisition in the last three years. Right from the second biggest player witnessing a change in ownership, to small players being taken over. With the monsoon coming, there is always a cyclical pressure on cement stocks, with the narrative being that in monsoon construction activity slows down. Even this week it played on the street, with cement stock witnessing a decline. But the question is whether this correction in stock price gives an opportunity to investors to get into a sector which is witnessing a fundamental shift in terms of how the demand curve pans out. Probably the answer is tilted toward yes for at least some players.
Foxconn’s Bharat FIH is facing turbulence due to top-level exits
Foxconn group company Bharat FIH is in a rough spot, with three of its independent directors having exited its board in the past three months. Interglobe Aviation chairman Venkataramani Sumantran, Sify Technologies cofounder Ramaraj R and former IT and telecom secretary Aruna Sundararajan have resigned. Sources cited the company’s lack of direction as the main reason for the resignations.
Bharat FIH plans factory reset on board, order woes
Foxconn group's Bharat FIH is facing challenges as it loses key directors and considers closing its Sri City facility due to reduced orders from Xiaomi, its main client. The company's dependence on Xiaomi has led to a decline, with industry watchers noting a lack of diversification. Bharat FIH struggles to pivot to other sectors and compete with PLI benefits offered to competitors like Dixon.
Amul to be a part of India’s journey but capital market is not a possibility anytime soon: MD
Amul and the new multi-state cooperative organics both will do handholding of all these farmers, even encourage more farmers elsewhere to get into this space, work on getting the certification of their soil, and use Amul economy model where they can even convert the dunk of our cattle into organic manure, get back to the field, use it extensively with the support that is required for a farmer, says Jayen Mehta
Premium sneaker stampede sweeps India off its feet and Adidas is game for it
The trend of premiumisation is gaining momentum in the footwear, watches, and gym apparel market, with consumers seeking quality, exclusivity, and a deeper connection with their brands. Adidas and Myntra have seen a 30-40% increase in premium options on their website, reflecting this trend. India's large population aspiring for better products and a natural consumer behavior of constantly seeking improvement are driving this trend.
Tariff hikes may slow migration of feature phone users to smartphones: Experts
Recent steep tariff hikes by major Indian telecom companies are set to bolster the base of 4G feature phone users, shielding them from significant cost increases compared to smartphone users. This move is expected to slow down the migration to 5G smartphones. Industry experts suggest that while data consumption among 5G users remains strong, the tariff adjustments may lead smartphone brands to offer bundled data deals to spur sales. Overall, the impact on consumer behavior post-hike is anticipated to be moderated by entrenched data usage patterns.
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A look inside Corning’s plans for Tamil Nadu facility
Gorilla glass maker Corning, a key supplier of Apple, will begin production out of its Tamil Nadu facility in the second half of 2025, vice president and general manager David Velasquez told ET in an exclusive interaction. Velasquez was speaking ahead of the company's ground-breaking ceremony for India's first cover glass finishing facility near Chennai on Tuesday.
BPCL retail outlets will act as EV hubs to purchase, test ride & experience electric scooters
BPCL has teamed up with Bounce Infinity, an Indian electric scooter manufacturer, to accelerate EV adoption in India by launching "eDrive stores" at BPCL retail outlets. These stores aim to make electric two-wheelers more accessible nationwide. Pardeep Goyal, BPCL's Business Head of Retail, highlighted the initiative's role in supporting sustainability goals and transforming fuel stations into versatile energy hubs.
Fertiliser, agrochemical stocks rally as monsoon arrives early
Fertiliser and agrochemical companies like FACT, Nova Agritech, and Rallis India saw a boost in shares as the monsoons arrived early. Analysts expect increased demand for products due to favorable weather conditions, with specific bullish recommendations for Coromandel International and other companies.
Best Chana Dal in India: 10 Picks from Top Brands for Nutritious and Flavourful Meals
This list of the best chana dal encompasses a diverse range of options, each offering exceptional quality and nutritional value. From organic varieties that are free from synthetic pesticides and GMOs to unpolished options that retain their natural taste and goodness, there's something to suit every preference. With trusted brands and high-quality sourcing practices, you can trust that you are getting the finest chana dal available on the market.
How brands should inspire politicians to move away from 'divide' and 'drown’ to ‘unify' and 'thrive’
Political parties should be emulating those marketers who have already cracked New India. To narrow-cast our population as a fundamental oneness, courtesy technology and aspiration. Then to engage experientially, with customer-centric regional empathy.
Mankind Pharma in race with PEs to buy BSV Group at possible valuation of Rs 13,000 crore
Warburg Pincus, ChrysCapital, TPG, Blackstone, EQT, Mankind Pharma, and Dr Reddy's Laboratories are competing to acquire BSV Group, a biopharma firm specializing in women's health and critical care products, indicating a trend of consolidation in the domestic pharma sector. Mankind, Dr. Reddy’s, and Blackstone have evaluated BSV at different times, including before Advent's acquisition.
Mankind Pharma scouts for M&A deals to boost local branded biz
Mankind Pharma, the fourth-largest pharmaceutical company in India, led by Rajeev Juneja, is seeking mergers, acquisitions, and in-licensing deals to enhance its branded formulation business.
BIS certification must for sale of used imported electronic products: DGFT
In the Directorate General of Foreign Trade (DGFT) notification on May 20, the Centre has specified that import of second-hand products, whether or not refurbished, repaired or reconditioned, notified under the Electronics and Information Technology Goods (Requirement of Compulsory Registration) Order, 2021, is prohibited unless they are registered with BIS and comply with the labelling requirement published by BIS.
Shiprocket to upskill 100,000 Indian MSMEs through e-commerce learning
The Shiprocket Growth Academy aims to foster a thriving community where sellers can connect, share valuable insights and learn collaboratively.
Rural markets continue to grow at one-and-a-half times urban market: Bharat Puri, Pidilite
Bharat Puri of Pidilite Industries aims for double-digit volume growth within a margin range of 20%-24%. Despite short-term challenges, long-term strategies focus on rural market growth, stable raw material prices, and value-driven pricing.
Bharat Biotech says its Covaxin demonstrated ‘excellent safety records’
Bharat Biotech has emphasized the safety of its Covaxin Covid vaccine, stating that it has shown excellent safety records with no vaccine-associated incidents such as blood clots or other serious side effects. The company highlighted that Covaxin was developed with a focus on safety first, followed by efficacy. It mentioned that Covaxin was extensively evaluated in more than 27,000 subjects during its licensure process and has been continuously monitored for safety by the health ministry.
Former BharatPe COO Dhruv Bahl launches venture fund
Former BharatPe COO Dhruv Dhanraj Bahl launches venture capital fund, Eternal Capital. The fund plans to raise Rs 120 cr with a greenshoe option for a similar amount
With content king, creators trying hard to be kingmakers this Lok Sabha elections
Over the last few months, YouTube has been populated with videos of creators such as Ranveer Allahbadia (more popularly, BeerBiceps) chatting with senior leaders including S Jaishankar and Nitin Gadkari of the BJP, in addition to opposition leaders like Atishi Marlena and Raghav Chadha of AAP, and Supriya Sule from NCP(SP), among others.
In a first, more government agencies allowed to source wheat directly for Bharat Atta
Government pushes Bharat brand staples to curb food inflation, targeting consumers ineligible for free foodgrains. Quality control measures planned. Bharat products cheaper and sold directly to consumers, including through ecommerce and retail stores.
JioCinema to feature five brands in Brand Spotlight innovation during IPL
JioCinema, the official streaming platform for IPL, will showcase five brands in its advertiser innovation, Brand Spotlight during the opening game on March 22. The featured brands will debut their IPL 2024 campaigns within the first five overs, offering exclusive insights and stories to viewers.
Want to drive premiumisation in accessible as well as value for money offerings: Bata India MD & CEO
Gunjan Shah, Bata India CEO, strategizes to propel Power brand growth through EBOs, targeting wider audience accessibility. Leveraging trends in athleisure, the focus is on premiumisation and meeting consumer aspirations through digital and retail expansion. Shah says: "We are not going to stop at just one store. In the next 18 months, we plan to have at least about 50 stores across the country."
Best Honey in India: Nectar of Purity and Natural Golden Goodness
Are you looking for a good honey brand to avail an array of benefits that come with it? If so, we suggest you go through the article where we have shared a list of the best honey in India. All of the mentioned honey come from renowned brands, have great Amazon ratings and are readily available on Amazon.
Govt launches Bharat rice at Rs 29/kg to provide relief to consumers
India's food minister, Piyush Goyal, introduced 'Bharat rice' at a subsidized rate of Rs 29 per kg to alleviate the impact of a 15% increase in retail rice prices over the past year. This rice will be available in 5 kg and 10 kg packs through various channels, including cooperatives, retail chains, and e-commerce platforms. Initially, the Food Corporation of India (FCI) will provide 5 lakh tonnes of rice to selected cooperatives and retail chains for distribution.
What is Bharat rice? Check price list and where to buy
Bharat rice: The government plans to introduce 'Bharat rice' on Tuesday at a subsidized rate of Rs 29 per kg, aiming to alleviate the impact of a 15% increase in retail rice prices over the past year. The subsidized rice will be sold in 5 kg and 10 kg packs, with Food Minister Piyush Goyal launching the product in the national capital.
Bharat brand of products: Franchise route for govt retail stores on the cards
Last month the government opened its first two stores at Delhi's Rajiv Chowk metro station, to tap into the high footfall it receives. These are owned by the National Cooperative Consumers' Federation of India (NCCF), which procures agricultural commodities like food grains, pulses, spices, oil seeds, onions and other consumer goods on behalf of the government and sells to consumers at reasonable rates.
Deals in consumer, retail fell by a third in 2023, transaction value down 9% - Grant Thornton Bharat
Deals within ecommerce nearly halved by value to 3.3 billion while the number fell 70% to 124 deals. Apparel and retail, however, saw deal transaction surge seven times, led by Reliance Retail which raised nearly $1.6 billion from Qatar Investment Authority and Abu Dhabi Investment Authority. Lenskart also received a funding of $500 million during the first half of 2023, followed by M&G Plc, Lightspeed Venture Partners and DST Global buying a stake in Udaan last month.
Q3 earnings, global cues, FII flows among 8 factors to set trajectory for D-Street this week
In the coming week, the trajectory of domestic equities will be influenced by Q3FY24 earnings, including those of HDFC Bank and Reliance Industries. Global markets, corporate actions, and fund flows will also play a significant role. Investors will closely monitor the movement of global equities, particularly in China and Taiwan. Key macro-economic data to watch includes consumer price inflation in the UK and the US Fed's Beige Book.
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