The company plans to collaborate with stopover management consolidators, who will participate in the bids to develop food courts and rest areas along the highways. Such stopovers will house multiple restaurant brands, reports Avishek Rakshit.
The haircare brand, acquired for Rs 330 crore, fetches HUL around Rs 400 cr of revenue annually.
Madhu Jayanti's Rs 55-crore packet tea business so far is only in Maharashtra and Karnataka. After Eveready's tea business buyout, MJIL's tea production in India will increase from 2.4 million kg to 6.2 mkg and its income from branded tea sales will rise 53 per cent to Rs 198 crore this fiscal year itself. It will also be available in 14 states.
While the TMC was able to maintain its hold on the southern and coastal parts of the state, the BJP is doing well in the northern and western parts of the state, all predominantly tribal areas.
The desecration of Vidyasagar's statue during Amit Anilchandra Shah's rally, which the TMC projected to be a 'Bhojpuri' and 'Dhokla' invasion on West Bengal's culture, may help her gain some favour with middle-class and erudite Bengalis in the last phase of the polls.
The development comes at a time when Eveready is on the lookout for strategic investors, including a possible stake sale in its battery business.
With a substantially weakened Left Front and the Congress, political observers say the anti-Trinamool vote will go to the BJP.
Exporters are of the view that while direct exports to Pakistan will be nearly nil this month, and in the coming few months, alternative markets can be explored for exporting tea, which was originally meant for Pakistan.
The quality of Indian tea had lately come under scrutiny in major export markets, due to the presence of pesticides and chemicals beyond permissible limits.
Chai Sahay, an artificial intelligence-based mobile app, will be primarily used to issue advisory, disseminate information related to various schemes of the board for the sector as well as provide real-time weather updates, says Avishek Rakshit.
The company has already put in place this digital register in Jaipur in Rajasthan and pilot projects are running in Haryana and Telangana
One of the oldest living brands in the country, Horlicks has been innovative in its approach, which helped it survive intense competition
'She was the unanimous choice of the search-cum-selection committee.'
ITC will also launch paneer shortly and is also working on cheese and Tetra Pak milk
Air India's debt burden is estimated to be more than Rs 50,000 crore, besides huge accumulated losses.
Shashwat Goenka of the RP-Sanjiv Goenka group plans a high-decibel campaign around its young apparel brand 2Bme.
Sale of India's specialty tea varieties from exclusive estates in Assam and Arunachal Pradesh are on the rise in the domestic market, and sought after in overseas markets too.
The firm, which traces its origin back to 1862 in a humble Kolkata bakery and its subsequent listing on the bourses in 1918, says that it now wants to grow "substantially" and not just rest on its laurels.
Here's your opportunity to sample ilish dishes from the royal homes of Bengal, says Avishek Rakshit.
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