Written By Manu Kaushik Reliance Industries has been raking in large deals when corporations are struggling to survive - all with a bigger plan in mind, which can even propel Mukesh Ambani into the trillionaire club How do you kill two birds with one stone? Ask Mukesh Ambani, the Chairman and Managing Director of Reliance Industries (RIL). As global corporations are fighting a survival battle, Ambani has managed to pull off four large deals with Facebook, General Atlantic, Silver Lake, and Vista Equity Partners in the past few weeks. Through these investments, Reliance has raised a whopping Rs 67,195 crore…
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Written By Devika Singh According to Nielsen, the share of the top three hand sanitiser brands dropped from 85% in January and February to 39% in March, after 152 new players entered the segment According to a recent report by Nielsen, the demand for hand sanitisers in the country went up by 340% in March, as compared to 24% in the months of December, January and February. The demand for handwash increased by 60% and floor cleaners by 24% in March, in comparison to the pre-pandemic period, the report says. This surge in demand has attracted companies from across sectors.…
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Written By Pavan Lall As ayurvedic formulations get a renewed push in the fight against Covid-19, can one of the oldest players in the segment step up its game? The company is extending Brand Dabur into two different categories, home-care and personal care with an emphasis on products that boost immunity Over the past few weeks the AYUSH ministry has stepped up its thrust towards ayurvedic cures and natural immunity boosters and a host of companies, large and small, have jumped in with special products or revamped age-old formulations that offer strength and vitality against a killer-virus. And Dabur, once…
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Written By DEBOJYOTI GHOSH From leader to challenger, Rupa & Company is shifting gears to reclaim its disruptor tag in India’s innerwear market. Around the time Kolkata-headquartered innerwear and outerwear clothing manufacturer Rupa & Company set up shop, in 1968, the Indian hosiery market was dominated by unorganised players, barring a few strong local brands such as Dora, Asli Hira and Asli Sona. So much so that “everyone in the hosiery business then was talking about hira (diamond) and sona (gold),” Prahlad Rai Agarwala, the company’s 80-year-old chair - man and executive director, tells Fortune India. “So we decided to…
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Written By ABHIK SEN AND SHISHIR BEHERA, Despite the stress in the telecom space, call drops, and a sputtering economy, it’s been mostly smooth sailing for the upper end of the smartphone industry in 2019. Delhi-based senior school teacher Jyotsna Varma, 46, has been using her iPhone 7 since Diwali 2018. Its all-in-one capabilities, friendly user interface, and robust performance continue to work for her so a handset upgrade is not imminent. But when it does happen, it will be to an iPhone 11, she says. Bengaluru-based Romit Dasgupta, 28, a senior analyst at an American bank, bought his OnePlus…
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