The economic slowdown coupled with coronavirus pandemic has deeply impacted employment generation in the country. The issue in the Hinduja family cropped up in the public when Srichand's daughter Vinoo moved High Court in England, acting on behalf of her father as a "litigation friend" and asked for "partition". Extending fall for the second straight day, Sensex closed 26 points lower at 34,842 and Nifty fell 16 points to 10,288.
As per SBI report, India created 60.8 lakh new payroll (first job) in FY20, which was 28.9 lakh less than the net jobs generated in FY19.
The issue in the Hinduja family cropped up in the public when Srichand Hinduja's daughter Vinoo moved High Court in England, seeking control of Switzerland-based Hinduja Bank for her family.
In a weak demand and oversupply scenario, the prices have indeed come down, especially in metro cities; but waiting for further decline might prove counterproductive.
HUL says it's taking forward the brand's journey towards a more inclusive vision of beauty and wants to lead celebration of a more diverse portrayal of beauty.
IMF projected sharp contraction of 4.5% for the Indian economy in 2020, a "historic low," citing the unprecedented coronavirus pandemic that has nearly stalled all economic activities.