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Patanjali plans to overtake HUL

  18-Jan-2018

Ayurvedic products maker Patanjali Ayurved said it's poised to overtake the country's biggest consumer goods company Hindustan Unilever Ltd (HUL) by next year, underscoring the sudden rise of a brand that few had heard of a decade ago. By contrast, HUL has been present in India for more than 80 years.  To be sure, Baba...

Listed SMEs to touch 1000 in next 2 years

  12-Jan-2018

The number of small and medium enterprises listed on BSE and NSE platforms is expected to reach 1,000 in the next two years from nearly 350 at present, leading merchant banker Guiness Corporate Advisory Services said. More companies will tap the initial public offer (IPO) route for business expansion plans, to support working capital...

OnePlus 5T Lava Red launched in India

  11-Jan-2018

OnePlus 5T Lava Red has been launched in India, and registrations for the phone begin January 11 on Amazon. OnePlus 5T Lava Red comes in 8GB RAM + 128GB storage variant, priced at Rs 37,999. The smartphone will go on open sale starting January 20. Amazon India has a ‘Notify me’ option that users can click on to get notified when the...

Top Ludhiana garment exporters to set up units in Bihar

  10-Jan-2018

Top apparel manufacturing and exporting companies from Ludhiana in Punjab have agreed to set up manufacturing units in Bihar after a recent meeting of their management with top state government officials. The initiative is expected to generate over 20,000 jobs. The company executives also met a delegation of Bihar Chamber of Commerce and...

Govt responsible for agri distress in country

  09-Jan-2018

A farmers and agriculture workers convention here blamed the government's policies for "agrarian distress" in the country. Addressing the Kisaan Sankalp Sammelan at Gandhi Maidan in the Chhattisgarh capital, farmer leaders said cultivators are distressed all over the country due to poor agriculture policies and sought to...

SBI to cut minimum balance requirement

  06-Jan-2018

Under pressure from the government, the country's largest lender State Bank of India (SBI) is understood to be reviewing its minimum balance requirement which is currently Rs 3,000 in urban centers. The bank is also changing the requirement from monthly average balance to quarterly average balance. The move follows reports that the...

Indian leather & footwear sector employs over 3 lakh

  05-Jan-2018

The Indian leather and footwear industry has employed a total of 3,45,676 youth under the Human Resource Development (HRD) sub-scheme of the Indian Leather Development Programme (ILDP), along with the inflow of FDI worth $53.64 million, the minister of state for commerce and industry CR Chaudhary said this in a written reply to a question in...

Apparel and textiles park to come up near Patna

  05-Jan-2018

An apparel and textiles park will be set up on the outskirts of the state capital for which a land tract spread over more than 100 acres has been earmarked, Bihar Deputy Chief Minister Sushil Kumar Modi said here today. Speaking after the inauguration of a three-day fair organized by the Bihar Readymade Garments Association, Sushil Modi...

'BUY' or 'SELL' ideas from experts for Thursday, 4 January 2018

  04-Jan-2018

Domestic equity markets are likely to see a flat to positive start on Thursday, tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty) and global cues. ETMarkets.com collated a list of trading ideas from various experts and here's what they had recommended for today's trade: Kunal Bothra, independent...

Spices exports rise 24% in fiscal first half; chilli most in demand

  04-Jan-2018

Exports total 5.57 lakh tonnes in April-September period India exported 5.57 lakh tonnes of spices and spice products worth ₹8,850.53 crore during April-September 2017 compared with 4.5 lakh tonnes worth ₹8,700 crore during the same period a year earlier. This is an increase of 24% in quantity and 2% in rupee terms, said a...

India Inc’s green initiatives to lower costs in long run

  03-Jan-2018

ET Intelligence Group: Corporates are contributing their bits in maintaining ecological balance even as they pursue growth. This is reflected in various initiatives such as reduction in water consumption by 30-60 per cent and rising share of renewable energy. India is the fourth-largest emitter of greenhouse gasses. It accounts for about...

Asia shares eye all-time top on global growth cheer

  03-Jan-2018

Asian stocks struck a fresh decade high on Wednesday as risk appetites were whetted by a bevy of upbeat manufacturing surveys that confirmed a synchronised upturn in world growth was well under way. Activity was especially strong in Europe, lifting bond yields there and driving the euro to within a whisker of its highest in three years...