lockdown

Beating the pandemic blues, Apple has posted US$ 59.7 billion in revenue for its fiscal 2020 third quarter ended June 27, an increase of 11 percent from the year-ago quarter, as iPhone sales beat the Wall Street estimates. Apple's board...

India's fast moving consumer goods (FMCG) sector is expected to witness flat growth in 2020 following severe and extended lockdowns, restrictions on manufacturing units, social distancing norms and store closures, according to data analytics firm Nielsen. Earlier, on April 30,...

As Delhi-NCR slowly unlocks itself in phases, Bharti Realty’s Worldmark Aerocity is leading the commercial sector in innovative dinning-in experience by setting forth examples through its avant-garde solutions to COVID-19 challenges. They are leading the way in hygienic practices...

Westlife Development Ltd on Thursday reported a consolidated net loss of Rs 57.56 crore for the quarter ended June 2020, hit by the COVID-19 pandemic. Westlife Development owns Hardcastle Restaurants -- the master franchisee of McDonald's for west and south...

The outbreak of pandemic and the ensuing lockdown across the world have shaken the very foundation of the retail industry. Even post unlocking, brands are feeling the heat, mostly due to altered consumer behaviour. “Due to the rapid spread of...

The coronavirus pandemic has shifted focus of Indian consumers towards digital experience and they intend to use it to procure products, including discretionary purchases, going forward as the number of infections increase, says a study. As per Deloitte Global State...

Softbank-backed Grofers on Tuesday said the lockdown period has given its business a boost towards sustainability and helped it move closer to hitting profits by the end of next year. According to a PTI report: The online grocery platform, which...

FMCG firm Marico Ltd on Monday reported a 23.17 percent increase in its consolidated net profit to Rs 388 crore for the first quarter ended June 30, helped by increase in operating margins. The company had posted a net profit...

Chocolate maker Hershey India has witnessed a sharp increase in the sales of its grocery portfolio, which consists of syrups, spreads and cocoa powder, as home baking activities have gone up during the pandemic time, said a company official. According...

Anglo-Dutch FMCG major Unilever on Thursday said strict lockdowns in key markets, including India, have impacted its business growth in the first half of 2020. According to a PTI report: Unilever, which on Thursday announced results for the first half...