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EY India

Piece of Cake: Pandemic sweetens cake sub-segment, attracts bigwigs

Pandemic-induced acceleration in consumption of bakery items has attracted food majors to venture into the "sweet and convenient" sub-category of packaged cake segment. At present, the industry estimates the sub-segment's revenue generation capacity of over Rs 2,500 crore per annum. In...

IMAGES Group Survey: Over 72 pc retailers turn to technology, e-commerce to increase revenue

Ever since COVID-19 broke out in India, IMAGES Retail has been bringing out analysis, reports, webinars discussing impact, challenges, recommendations and opinions from the retail industry experts and stalwarts to fight the crisis. In a recent survey conducted by the...

Personal care, food & beverage, and home care are expected to recover faster from COVID-19 crisis: EY analysis

Personal care, food & beverage, and home care are expected to recover faster as compared to other categories, primarily as these products are essential to survival and will be consumed irrespective of whether an individual stays at home or...

India Inc reacts to Budget 2020

Union finance minister Nirmala Sitharaman presented her second budget on February 01, 2020 at a time when the economic growth has plunged to a six-year low amidst a persistent slowdown in the economy followed by a weak demand. Here is how...

Retail industry reacts to the Union Budget 2018

In his last full budget before general elections in 2019, Finance Minister Arun Jaitley reduced corporate tax for 99 percent of the companies to 25 percent. In keeping with his earlier announcement of reducing corporate taxation rate to 25 per...

Liberalised FDI norm in single brand retail draws mixed reactions

The Union cabinet's approval of 100 per cent Foreign Direct Investment (FDI) in single brand retail on Wednesday drew mixed reactions with industry observers lauding the move while traders' bodies opposed it as "a serious matter for small businesses". "This...

FMCG biggies eagerly wait for GST, call note ban temporary setback

The FMCG sector - already reeling under the impact of two slow growth years were hopeful they would turn the corner this fiscal on the back of a good monsoon and the Seventh Pay Commission handout - was delivered a...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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