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5th Apr 2022
Due to the Covid-19 pandemic, supply chain activities have often been disrupted internally and externally which affected the FMCG sector heavily. Lockdown policies have disrupted the supply of raw materials and the demand for finished goods.
4th Apr 2022
Ultratech Cement is the largest cement company in India and 3rd largest cement company in the world (ex-china). It is also the only cement producer outside of China to have 100+ MnTPA of manufacturing capacity in a single country. UltraTech has a
Russia Ukraine war has created a silver lining for the Indian agriculture sector by disrupting the global Agri commodity chain. Ukraine is among the largest global exporters of wheat (10%), Sunflower (47%), barley (17%), rapeseed (20%), and maize (14
Asian Paints Ltd on 1st April announced that it will acquire a stake in two companies - White Teak and Weatherseal Fenestration to strengthen its presence in the fast-growing home improvement and decor segment. White Teak is engaged in the busines
Coal India has set a production and offtake target of 700 million tonnes in 2022-23 after achieving record production in 2021-22. It achieved a record production of 622.6 million tonnes for FY2022, eclipsing the previous high of 607 million tonnes
1st Apr 2022
The Indian equity market witnessed a record bull run in CY2021 with Sensex and Nifty hitting fresh all-time highs throughout the year till October when they peaked. Thereafter, the market witnessed some corrections from the higher levels more so afte
In 2018, the Defense Acquisition Council had approved the procurement of 6 indigenously designed next-generation off-shore patrol vessels (NGOPV). Back then, the cost estimate was Rs.49.4 billion and the project was awarded to Pipavav Shipyards. Plag
31st Mar 2022
The raging Russia-Ukraine crisis can build an unexpected opportunity for Indian chemical companies. This is because the rising energy cost is weighing on the performance of the European chemical industry. Even before the Russia-Ukraine war, the Europ
According to the company, initially, the plantation business of Tata Coffee Ltd (TCL) will be demerged into Tata Consumer Products Ltd's wholly-owned arm Tata Consumer Products Ltd Beverages & Foods Ltd (TBFL), and then the remaining business of
The Indian market has seen large Foreign Portfolio Investors (FPI) outflows in the past few months. Their net selloff in these six months has shot past Rs 2 lakh crore and reached Rs 2,06,649 crore since last October. In February 2022, the outflow wa
30th Mar 2022
Diesel is one of the key product export from Russia and averages more than 1mnb/d with almost 75% exporting to Europe while for Europe it accounts for almost 50% of its total diesel imports. While the flow of diesel from Russia to Europe is broadly h
On 25th March, Emami Ltd has acquired the Dermicool brand from Reckitt Benckiser Healthcare (India) Pvt. Ltd for a total consideration of Rs.4.32 billion, excluding tax and duties. Emami's acquisition of the Dermicool brand is a positive development
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