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Tata Motors bets on trucks for growth in 2017

Mumbai, Jan. 4 -- India's largest commercial vehicle maker Tata Motors, which has lost some market share to its rivals in recent times, is lining up a slew of launches and huge investment plans to fill the gaps. For Tata Motors, 2017 began with the launch of Xenon Yodha, a pick-up truck.

Over the next 12-15 months, Tata Motors will launch 15 new products and around 200 product variants ranging from its sub one tonne small truck Ace Zip to the he... Read More


In drive to get back market share, Tata Motors looks to trucks again

MUMBAI, Jan. 4 -- India's largest commercial vehicle maker Tata Motors that has lost some market share in recent times has lined up a slew of launches, especially in the small truck segment. It is investing heavily in developing new products and technologies.

Over the next 12-15 months, Tata Motors will launch 15 new products and around 200 product variants ranging from its sub-one tonne small truck Ace Zip to the heavy trucks.

It will also spe... Read More


FMCG companies race after Patanjali's herbal products

MUMBAI, Jan. 3 -- The battle for shelf space in the FMCG segment is expected to intensify this year as Patanjali's rivals, led by Hindustan Unilever, are aggressively launching products.

Patanjali has disrupted the market in the last couple of years, pushing its herbal products.

Baba Ramdev's Patanjali Ayurved remains confident of doubling its revenue to Rs 10,000 crore for the year ending March 31,even as other companies have seen growth slow ... Read More


With e-wallets mushrooming, insurance companies move in

MUMBAI, Jan. 2 -- At a time when the government is pushing for cashless transactions and the use of digital payment platforms, the general insurance industry is exploring products to insure such transactions.

According to a top insurance industry executive, there have been preliminary talks on the process of insuring digital transactions and whether mobile wallets could be covered.

"There have been talks on protecting the loss when something ha... Read More


Brexit, demonetisation, Trump and Fed: A volatile year for markets

India, Dec. 28 -- Volatility became the trademark for equities in 2016, with key indices Sensex and Nifty seeing wild swings, and eventually wiping off most of the gains registered during the year.

And if indications are anything to go by, the volatility is unlikely to subside anytime soon, with several headwinds on the horizon.

The year began with a sharp pull out of foreign institutional investors (FIIs) from India and other emerging markets.... Read More


Brexit, demonetisation, Fed, Trump... A volatile year for mkts; more problems ahead

MUMBAI, Dec. 28 -- Volatility became the trademark for equities in 2016, with key indices Sensex and Nifty seeing wild swings, and eventually wiping off most of the gains registered during the year. And if indications are anything to go by,the volatility is unlikely to subside anytime soon, with several headwinds on the horizon.

The year began with a sharp pull out of funds by foreign institutional investors (FIIs) from India and other emerging ... Read More


Gold prices sink to 11-month low as demand from jewellers dives

MUMBAI, Dec. 27 -- Gold prices slumped to an11-month low on Monday,hitting around Rs 27,550 per 10 gm due to subdued demand from jewelers, which is contrary to trends.

Typically, gold demand is strongest after Diwali, when the wedding season sets in.However, demand has been low for most part of the year. Prices too have corrected in recent months. And analysts don't expect them to go up with rising interest rates in the US.

A sharp rise in gold... Read More


FMCGs hit by note ban, high input costs

Mumbai, Dec. 26 -- The note ban and rise in price of key inputs like palm oil has been a double whammy for fast-moving consumer goods (FMCG) firms.

Analysts have now begun cutting earnings estimates for FMCG firms and expect that the recovery will be pushed back to the second half of next financial year.

Over fiscal years 2014-16, consumer goods makers saw slowdown as poor rains impacted rural demand. However, their margins expanded on benign i... Read More


FMCG firms hit by note ban, high costs

MUMBAI, Dec. 26 -- The note ban and rise in price of key inputs like palm oil has been a double whammy for fast-moving consumer goods (FMCG) firms. Analysts have now begun cutting earnings estimates for FMCG firms and expect that the recovery will be pushed back to the second half of next financial year. Over fiscal years 2014-16, consumer goods makers saw slowdown as poor rains impacted rural demand. However, their margins expanded on benign inp... Read More


Currency ban forces retailers to advance seasonal sales

MUMBAI, Dec. 22 -- Retailers have launched sales early to make up for the business lost in November due to demonetisation. Typically, the end-of-season sales start from the first week of January.

Reliance Trends, Pantaloons, Jashn, Cottonworld, and Seven East among others have already started their sales.

Pantaloons, for instance, is running a winter sale offering discounts of up to 70%. Others like ShoppersStop may also prepone their sales, sa... Read More