We’ll not take our eyes off volumes, says Sanjiv Mehta, MD of HUD, after announcing that demonetisation had impacted the company's sales by four percent. IMAGE: Sanjiv Mehta, MD HUL: “All those products that had greater exposure to rural, which includes our mass-market brands, were hit due to the currency crunch.” Photograph: Rupak De Chowdhuri/ Reuters The note ban announced in November 2016 crimped volume sales by four per cent at the country's largest consumer goods firm, ... Rediff.com, 1 month ago
The upgrade, said Icra, takes into account the “robust internal accrual generation, leading to low reliance on debt, as well as gearing levels, and strong debt protection metrics”. For the first time, Patanjali Ayurved, co-founded by yoga guru Ramdev and his deputy, Balkrishna, has got a rating upgrade. Icra has revised its long-term rating upgrade for the company from the earlier ‘A-’ to one of ‘A+’, for Rs 300 crore of fund-based facilities. And, it also ...Rediff.com, 1 month ago
Patanjali, the home grown Ayurved based FMCG conglomerate has been declared as India’s most disruptive FMCG company in 2016. And this declaration has come straight from Assocham, as it conducted it research in association with TechSci. The research found ...Trak.in, 1 month ago
Suresh Narayanan, chairman and managing director, Nestlé India, shares tips on crisis management with Arnab Dutta and Alokananda Chakraborty. IMAGE: As the Maggi noodles crisis erupted, Suresh Narayanan was sent to India with a simple brief: Put the company back on track. Photograph: Danish Siddiqui/Reuters The Trident hotel in Gurgaon's Udoyg Vihar, where we are supposed to meet Suresh Narayanan, chairman and managing director of Nestlé India, is an hour's drive from central ...Rediff.com, 2 months ago
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