Nestle India Ltd. expanded costs across its product portfolio by 1-3% as commodities like milk and coffee keep on turning costlier. “Because of the global context of raw materials and also because of large economies globally are opening up strongly, there would be pressures on raw materials going forward,” Suresh Narayanan, chairman and managing director […]
Author: Alex Cendrowski
Hong Kong stocks tumble on stresses over Evergrande and property sector
World shares and U.S. fates fell Monday after Wall Street finished last week with another decay. Many markets in Asia were shut for holidays and experts said the slight trading highlighted unpredictability. Shares dropped over 2% in Paris and Frankfurt, while Hong Kong’s HSI, – 3.30% benchmark sank 3.3%. Investors are watching to see whether […]
Mahindra Lifespace begins its home project Happinest at Mahindra City
Mahindra Lifespace Developers Ltd, the real estate and infrastructure advancement arm of Mahindra Group, has declared that its residential project Mahindra Happinest at Mahindra World City close to Chennai has gotten in excess of 125 bookings within 11 days of the launch. Mahindra Happinest traverses 3.71 acres and contains 348 apartments (1 BHK and 1.5 […]
Indian brands rule Smartwatch market as Shipments Triple YoY in Q2 2021
As indicated by the most recent research from Counterpoint’s IoT Service, smartwatch shipments in India significantly increased in Q2 2021 contrasted with a similar period last year, with 206% YoY and 18% QoQ development during the quarter. Moderate contributions, new players, variable customer preferences, and post lockdown demand recovery were the key factors behind the […]