India Stock Market Highlights Today: Global equities were buoyed today as positive macroeconomic data flow and hopes of a COVID-19 vaccine boosted investor sentiment

India Stock Market Highlights Today: Axis Bank, followed by IndusInd Bank, ICICI Bank, L&T, Tata Steel, Sun Pharma and ONGC were among the top gainers on Sensex pack. On the other hand, HCL Tech, Kotak Bank, Asian Paints, Infosys and HDFC Bank were among the laggards

Rs 29,000 crore strong FMCG arm of the Adani Group, Adani Wilmar, known for the Fortune brand of edible oil is all set to position itself as a complete food company, with a presence in branded staples and ready-to-cook category

The Animal Husbandry Infrastructure Development Fund (AHIDF) was approved in the Cabinet meeting, chaired by Prime Minister Narendra Modi

Fitch Ratings puts its estimate for India growth at 2 per cent in FY21 from 5.1 per cent estimated just 18 days ago. Moody's Investors Service has slashed India's 2020 GDP growth estimate to 2.5 per cent from 5.3 per cent earlier

The entire distribution, supply chain management and retail billing is done through the software created by Baba Ramdev's tech start-up Bharuwa Solutions and the company in the last one year has invested upwards of Rs 100 crore to get its tech platform in place

Ruchi Soya told the NCLT that resolution applicant Patanjali group will infuse Rs 204.75 crore as equity and Rs 3,233.36 crore as debt

The company, which had seen a revenue jump of over Rs 10,000 crore between 2011 and 2017 on the back of array of products such as toothpaste, soaps, atta, honey and ghee, suddenly seems to have much less visibility

The minister further said expenditure of various ministries and departments of the government is as per the estimates approved by Parliament

Patanjali Ayurved stated that foods and beverages was the largest category with sales of Rs 5,184 crore, which accounted for 62.23 per cent of its total sales

Govt defends GDP numbers after ex-CEA Arvind Subramanian alleges overestimationGovernment has debunked claims by former Chief Economic Advisor Arvind Subramanian that India's GDP growth estimate has been exaggerated by 2.5 per cent. The Ministry of Statistics and Policy Implementation argued that due procedure has been followed in calculating the GDP estimates. In his recent research paper published at Harvard University, Subramanian had pegged actual GDP growth of India at around...

After a successful succession, India's sixth-largest FMCG company is embarking on a fresh journey under new CEO Mohit Malhotra.

While the domestic market has been driving its growth, MD Suresh Narayanan said Nestle India would now look at expanding its export basket. The company is looking at tapping overseas market with higher Indian diaspora.

Patanjali's consumer goods business, which is the backbone of Patanjali's overall empire, saw a decline of over 10 per cent in revenue at Rs 8,148 crore in FY18 as compared to FY17.

The founder of the company, Baba Ramdev, is targeting sales to the tune of Rs 1,000 crore by 2020, and daily sales would be around 10 lakh litres.

The yoga guru Baba Ramdev's company, which had recorded over 100 per cent growth rate about a year ago, has since witnessed a considerable dip in demand.

Taking over businesses in challenging circumstances and turning them around is nothing new for Hindustan Unilever Chairman & MD Sanjiv Mehta. In a conversation with Prosenjit Datta and Ajita Shashidhar, Mehta talks about how he turned the slow-growing Indian operations into India's highest valued FMCG major. Edited excerpts:

Chairman and MD Sanjiv Mehta seeks to reinvent HUL as a future-ready corporation that can juggle heterogeneous markets successfully.

Baba Ramdev's closest aide and Patanjali's managing director, Acharya Balkrishna, has blamed the lingering effects of demonetisation and the implementation of goods and services tax (GST) for lack of growth.