Articles by "FMCG"
Showing posts with label FMCG. Show all posts

Hello Jammu News at 4:27:00 PM 0

New Delhi, Aug 21: Over a dozen FMCG firms, including ITC, Coca Cola, Pepsi and Hindustan Unilever, have pledged to supply water bottle, food and necessary items to flood-hit areas of Kerala in the next two days, Union minister Harsimrat Kaur Badal said today.

In a late evening meeting yesterday with the representatives of leading food processing companies, Badal discussed a plan to strategise assistance to Kerala in the coming days.

"It is time to work as a cohesive unit and make a coordinated effort to help the people of Kerala, instead of separate entities making individual efforts," said the minister of food processing industries.

The companies have pledged full support to the endeavour of reaching out to the people hit by the floods, she said in a statement.

Hindustan Unilever said it has already supplied 9,500 cases of salt, 29,000 cases of wheat products, 1,000 cases of Ketchup, 250 cases of spices mix masala and other products across the state.

Nestle said it has supplied 90,000 packets of Maggi, 2,00,000 packets of Munch, 1,100 packets of coffee and UHT milk.

The company said it will supply additional 40,000 packets of Maggi, 1 lakh Munch, 1,100 packs of coffee and UHT milk will be supplied along with 30,000 packs of ready-to-drink Milo and 10,000 packs of Serigo.

ITC has promised to supply 3.30 lakh packets of biscuits, 2,000 bottles of Savlon, 3,000 packets of dairy whitener, 9,000 packets of liquid hand wash and 7,000 soaps, the statement said.

Coca Cola India has already supplied 1.4 lakh litres of packaged drinking water and the company has committed to supply additional 1 lakh litres of packaged drinking water in next two days including 20,000 bottles tomorrow.

Pepsico has promised to supply 6.78 lakh litres of packaged drinking water and 10,000 kg Quaker Oats.

Among others, Britannia has already delivered 2.10 lakh packets of biscuits (6.5 Tonnes) at Kochi and 1.25 lakh packets at Malapuram and Wayanad.

The company will deliver additional 1.25 lakh packets of biscuits in next two days, 3,000 buns and 10,000 packets of biscuits to be supplied from Madurai.

MTR Food has delivered 35,000 ready-to-eat packets to Wayanad, while Bikanervala has decided to send one tonne of namkeen in coordination with industry body CII.

Dabur has promised to deliver 30,000 to 40,000 litres tetra-packed juices and 10,000 tubes of Odomos, while GSK India will sent relief material worth Rs 10 Lakhs, 1 million packets of Horlicks and 1 million Crocin tablets.

Marico has committed to supply 30 tonnes of Oats, while Bagrrys India has promised to supply 2 tonnes of oats.

Pernard Ricord and Cargill have assured to coordinate with dairy cooperative Amul for supply of milk powder and baby foods.

Mondelez India Foods has decided to give cash contribution of Rs 10 lakh to the CM relief fund. (PTI)
Read more »

Hello Jammu News at 1:24:00 PM 0

Mumbai, Aug 10: Retreating from its lifetime high, the BSE Sensex dropped 106 points in opening trade today on profit-booking in recent gainers amid a weak trend at other Asian markets.

The 30-share barometer fell by 106.02 points or 0.27 per cent to 37,918.35, with banking, PSU, metal, realty and FMCG stocks falling up to 0.30 per cent.

The gauge had gained 358.57 points in the previous two sessions.

Brokers said apart from profit-booking at record levels, a weak trend at other Asian markets following overnight losses on Wall Street dented the trading sentiment.

The wider NSE Nifty too receded from its record level and slipped 29.05 points, or 0.25 per cent to 11,441.65.

SBI, Coal India, HDFC, Sun Pharma, RIL, Tata Steel, Axis Bank, Tata Motors, HDFC Bank, IndusInd Bank, Wipro and Bajaj Auto were trading in the negative zone, falling up to 1.53 per cent.

Meanwhile, domestic institutional investors (DIIs) sold shares worth a net Rs 85.39 crore, while foreign portfolio investors (FPIs) bought shares worth Rs 370.68 crore yesterday, provisional data showed.

Asian stocks slipped as investors assessed the impact of the latest tit-for-tat in the US-China trade war.

Hong Kong's Hang Seng was down 0.40 per cent, Japan's Nikkei shed 0.53 per cent and Shanghai Composite Index fell 0.15 per cent.

The US Dow Jones Industrial Average ended 0.29 per cent lower in yesterday's trade. (PTI)
Read more »

Hello Jammu News at 12:58:00 PM 0

Mumbai, Aug 9: The BSE Sensex hit the 38,000 level for the first time today on widespread buying in banking, energy and PSU stocks amid unabated inflows by domestic and foreign institutional investors.

The broader NSE Nifty too touched a new peak of 11,495.20.

The 30-share Sensex climbed 162.56 points, or 0.42 per cent, to 38,050,12 in early trade today, breaching its previous intra-day record of 37,931.42 hit yesterday.

Strong gains in banking, oil and gas, PSU, realty, healthcare, IT, teck, metal, infrastructure, capital goods, FMCG, power and auto stocks spurred the index higher.

The NSE Nifty spurted 45.20 points, or 0.39 per cent, to 11,495.20, surpassing its previous (intra-day) record of 11,459.95 hit yesterday.

Analysts said strong liquidity in the market following unabated buying by foreign as well as domestic institutional investors and encouraging Q1 earnings bolstered sentiment.

On a net basis, foreign portfolio investors (FPIs) bought shares worth Rs 568.63 crore, while domestic institutional investors (DIIs) bought equities to the tune of Rs 30.25 crore yesterday, provisional data showed.

Asian shares were mixed in early trade amid rising trade tensions between the US and China.

Hong Kong's Hang Seng was up 0.89 per cent and Shanghai Composite Index surged 1.83 per cent, while Japan's Nikkei shed 0.27 per cent in early deals.

US stock market indices closed mostly lower yesterday as investors grappled with a fresh round of tariff clashes between the Trump administration and China.

The US Dow Jones Industrial Average ended 0.18 per cent lower yesterday. (PTI)
Read more »

Hello Jammu News at 5:23:00 PM 0

Mumbai, Aug 1: The Reserve Bank today retained the GDP forecast for the current fiscal at 7.4 per cent on robust corporate earnings and buoyant rural demand, though it flagged global trade tensions for Indian exports.

In the third bi-monthly monetary policy statement for 2018-19, RBI said various indicators suggest that economic activity has continued to be strong.

The statement issued after three-day meeting of the Monetary Policy Committee (MPC) noted that the progress of the monsoon so far and a sharper than the usual increase in MSPs of kharif crops are expected to boost rural demand by raising farmers' income.

"Robust corporate earnings, especially of fast moving consumer goods (FMCG) companies, also reflect buoyant rural demand," the central bank said, adding that investment activity remains firm even as there has been some tightening of financing conditions in the recent period.

Based on an overall assessment, the Reserve Bank of India said that the Gross Domestic Product (GDP) growth projection for 2018-19 is retained, as in the June statement, at 7.4 per cent.

As per the RBI, the growth would be in the range of 7.5-7.6 per cent in first half of the fiscal and 7.3-7.4 per cent in October-March 2018-19 period "with risks evenly balanced".

The central has also projected the GDP growth for first quarter of the next financial year at 2019-20 at 7.5 per cent.

The monetary policy statement further said that increased FDI flows in recent months and continued buoyant domestic capital market conditions bode well for investment activity.

The central bank said that activity in the manufacturing sector is expected to remain robust in Q2, though there may be some moderation in pace.

Rising trade tensions may, however, have an adverse impact on India's exports. (PTI)
Read more »

Hello Jammu News at 12:39:00 PM 0

Mumbai, Aug 1: Breaking all previous records, the BSE Sensex advanced by over 80 points to hit a new peak of 37,690.23, while the Nifty scaled a fresh high of 11,378.95 in opening trade ahead of the Reserve Bank's bi-monthly policy meet outcome due later in the day.

The 30-share index surged 83.65 points, or 0.22 per cent, to an all-time high of 37,690.23.

The gauge had gained 1,110.21 points in the previous seven record-setting sessions and closed at an all-time high of 37,606.58 points in the previous session.

The broader NSE Nifty too hit a new high by rising 22.45 points, or 0.19 per cent, to 11,378.95.

All sectoral indices led by oil & gas, FMCG, PSU, metal and banking stocks rose up to 0.95 per cent.

Brokers said investors were seen raising bets ahead of the monetary policy announcement, and foreign institutional investors too showed buying interest.

Shares of Bajaj auto, Vedanta, TCS, Bharti Airtel, Kotak Bank, IndusInd Bank, M&M, ITC, SBI, Maruti Suzuki, Asian Paints, RIL, Coal India, Axis Bank and Yes Bank, rose up to 1.64 per cent.

Among the top losers were Tata Motors, Axis Bank, NTPC, Infosys and HDFC, falling up to 3 per cent.

Meanwhile, foreign portfolio investors (FPIs) bought shares worth a net of Rs 572.21 crore, while domestic institutional investors (DIIs) sold shares worth a net of Rs 290.87 crore yesterday, provisional data showed.

Asian stocks edged higher, following overnight gains in Wall Street, as a report of attempts to renew talks between the US and China eased trade war fears, but investors will be keeping a close eye on US Fed policy outcome due today.

Japan's Nikkei rose 0.54 per cent, Hong Kong's Hang Seng edged up 0.35 per cent and Shanghai Composite Index rose 0.21 per cent in early trade.

The US Dow Jones Industrial Average ended 0.43 per cent higher yesterday. (PTI)
Read more »

Hello Jammu News at 12:22:00 PM 0

Mumbai, Jul 31: Benchmark Sensex slipped from life highs to fall over 100 points to 37,381.05 today as markets took a breather after six consecutive record-setting sessions.

Weak trend in other Asian markets, muted earnings and fresh foreign capital outflows weighed on investor sentiment here.

Overall market mood was cautious as investors were on a wait-and-watch mode ahead of RBI policy outcome, scheduled tomorrow, and profit-booking at record level, brokers said.

The 30-share Sensex, after rising to 37,534.95 points in early trade, turned negative and retreated from record high by losing 113.55, or 0.30 per cent, to 37,381.05.

The gauge had gained 998.03 points in the previous six sessions.

The broader Nifty also slipped from record high by falling 35.40 points, or 0.31 per cent, to 11,284.15.

Major losers were HDFC, Vedanta, Tata Steel, ICICI Bank, ITC, Tata Motors, Wipro, Kotak Bank, TCS, HDFC Bank, Infosys, SBI and Coal India, falling up to 1.14 per cent.

Sectoral indices led by metal, teck, IT, infrastructure, FMCG, banking, PSU, capital goods and oil & gas stocks were trading in the negative zone.

Foreign portfolio investors (FPIs) sold shares worth a net of Rs 234.04 crore, while domestic institutional investors (DIIs) bought shares worth a net of Rs 48.58 crore yesterday, provisional data showed.

Asian shares were trading lower after Wall Street posted losses amid weakness in the technology sector.

Japan's Nikkei shed 0.39 per cent, Hong Kong's Hang Seng was down 0.56 per cent, while Shanghai Composite index fell by 0.03 per cent in early trade today.

The US Federal Reserve's Federal Open Market Committee, meanwhile, was due to begin its own monetary policy meeting today, with a decision due on Wednesday. The Fed is expected to keep rates steady at the end of its meeting.

Dow Jones Industrial Average ended lower by 0.57 per cent in yesterday's trade. (PTI)
Read more »

Hello Jammu News at 1:32:00 PM 0

Mumbai, Jul 27: The Sensex rallied over 300 points, and Nifty breached the 11,200 mark for the first time in early trade today, as ITC lifted benchmark bourses to fresh life-time highs after posting strong Q1 results.

Better-then-expected quarterly earnings by select index heavyweights, positive Asian cues and firm foreign capital inflows boosted investor sentiment here.

Keeping up its record setting spree for the fifth straight session the 30-share Sensex added 308.77 points, or 0.83 per cent, to hit a new peak of 37,293.41.

The index had gained 633.41 points in the previous five straight sessions.

NSE Nifty, too, jumped 77 points or 0.69 per cent to quote at new high of 11,244.30.

All BSE sectoral indices, led by FMCG, metal, consumer durables, banking, power and auto, rose up to 1.27 per cent.

ITC was the top gainer in the Sensex pack, surging 6.48 per cent to Rs 305.75, after it posted 10 per cent increase in standalone net profit at Rs 2,818.68 crore for the first quarter ended on June 30, 2018, aided by lower expenses, good growth in agri-business and other FMCG business despite decline in cigarettes sales.

Other gainers were Tata Steel, ICICI Bank, Hero MotoCorp, Bajaj Auto, Asian Paints, Kotak Bank, Bharti Airtel, Tata Motors, HDFC Bank, Vedanta, HDFC and Wipro, surging up to 3 per cent.

RIL rose 0.45 per cent to Rs 1,115.45, ahead of its quarterly earnings scheduled today.

Brokers said investors were busy creating new positions following the beginning of the August futures and options (F&O) series leading to the rally.

Moreover, data showing that foreign institutional investors made sizeable buying yesterday, buoyed sentiment.

Foreign portfolio investors (FPIs) bought shares worth a net of Rs 2,453.57 crore, while domestic institutional investors (DIIs) sold shares worth a net of Rs 2,716.04 crore yesterday, provisional data showed.

Overseas, Asian stocks edged higher following a series of steps by China shifting to stimulus mode.

Japan's Nikkei quoted 0.28 per cent higher, Hong Kong's Hang Seng gained 0.03 per cent in the early trade.

However, China's Shanghai composite index shed 0.06 per cent.

The Dow Jones Industrial Average ended 0.44 per cent higher yesterday. (PTI)
Read more »

Hello Jammu News at 1:41:00 PM 0

Mumbai, Jul 26: The BSE Sensex hit the 37,000 level for the first time today on widespread buying in capital goods, FMCG, realty and banking stocks amid heavy buying by domestic institutional investors and positive global cues.

NSE Nifty too touched a new peak of 11,172.20.

Short-covering of bets, today being the last session of July expiry in the derivatives segment, and strengthening rupee against the dollar, kept the overall market sentiment high.

The 30-share index crossed the 37,000-mark by jumping 156.42 points, or 0.42 per cent, to 37,014.65 in early trade today, breaching its previous intra-day record of 36,947.18 hit yesterday.

Strong gains in capital goods, FMCG, realty, banking, PSU, auto, healthcare, infrastructure, consumer durables and oil and gas stocks helped the index top the new milestone.

The NSE Nifty spurted 40.20 points, or 0.36 per cent, to hit a new peak of 11,172.20, surpassing its previous (intra-day) record of 11,171.55 hit on January 29.

Analysts said strong liquidity in the market following unabated buying by domestic institutional investors (DIIs) and encouraging Q1 earnings by some companies lifted the mood.

On a net basis, DIIs bought shares worth Rs 97.64 crore while foreign portfolio investors (FPIs) sold shares worth Rs 1,195.75 crore yesterday, provisional data showed.

Top gainers that helped Sensex scale its new peak were SBI, Bharti Airtel, Tata Motors, ITC, Coal India, L&T, ONGC, HDFC Bank, RIL, Maruti, M&M, Bajaj Auto, IndusInd Bank, Kotak Bank and HDFC, rising up to 1.79 per cent.

While, Asian Paints, Hero MotoCorp, Wipro and Infosys were among the top losers, shedding up to 1 per cent.

Asian stocks climbed tracking gains in US shares. US equities advanced yesterday, after US President Donald Trump reached an agreement with European Commission President Jean-Claude Juncker aimed at averting a transatlantic trade war.

Hong Kong's Hang Seng was up 0.56 per cent, Japan's Nikkei gained 0.02 per cent in early deals.

Shanghai Composite Index, however, shed 0.01 per cent.

The US Dow Jones Industrial Average ended 0.68 per cent higher yesterday. (PTI)
Read more »

Hello Jammu News at 12:08:00 PM 0

Mumbai, Jul 23: The benchmark BSE Sensex advanced over 100 points in early trade today led by gains in FMCG stocks after the GST Council on Saturday cut rates on over 100 items, amid fresh capital inflows by foreign funds and strengthening rupee.

The 30-share index was trading higher by 114.10 points, or 0.31 per cent, at 36,610.47. All the sectoral indices, led by FMCG, consumer durables and power stocks were trading in the positive zone, rising up to 1.21 per cent.

The gauge had gained 145.14 points in the previous session.

The NSE Nifty too rose by 42.60 points, or 0.39 per cent, to 11,052.80.

Top gainers include Asian Paint, ITC, Bharti Airtel, NTPC, Adani Ports, Coal India, ICICI Bank, Sun Pharma, L&T, Axis Bank, Yes Bank, SBI and Vedanta, gaining up to 3.77 per cent.

Brokers said investor sentiment got a boost after the GST Council, on Saturday, cut rates on over 100 items, including footwear, refrigerator, washing machine and small screen TV, while the widely demanded sanitary napkins have been exempted from the levy.

The revised tax rates will come into effect from July 27.

Meanwhile, the rupee surged by 19 paise to quote at 68.65 against the dollar at the forex market in early trade today.

However, other Asian markets were trading mixed after the Bank of Japan offered to buy bonds at the first fixed-rate operation since February, in a sign the central bank was trying to rein yields.



Japan's Nikkei was down 1.27 per cent, Hong Kong's Hang Seng shed 0.09 per cent in early trade today, while Shanghai Composite edged 0.37 per cent higher.

The US Dow Jones Industrial Average ended 0.03 per cent down on Friday. (PTI)
Read more »

Hello Jammu News at 12:20:00 PM 0

Mumbai, Jul 17: The BSE Sensex recovered over 107 points to 36,431.17 in early trade today on fresh buying by investors after a sharp drop on global crude oil prices and a strengthening rupee.

The 30-share index, which had lost 224.64 points in the previous two sessions, rebounded 107.40 points, or 0.30 per cent, to 36,431.17 with stocks of oil & gas, FMCG, infrastructure, PSU, banking, consumer durables and auto sectors rising by up to 1.69 per cent.

Similarly, the broader NSE Nifty was trading 40.20 points, or 0.37 per cent, higher at 10,977.05.

Major gainers that supported the recovery were Tata Motors, Sun Pharma, Adani Ports, Yes Bank, Tata Steel, ICICI Bank, Vedanta Ltd, M&M, ONGC, RIL, Maruti Suzuki, Bajaj auto and Infosys.

Shares of state-run oil marketing companies such as HPCL, BPCL and IOC were back in demand and rose by up to 3.34 per cent, supported by a sharp fall in crude prices.

Shares of FMCG major Hindustan Unilever advanced 1.48 per cent to Rs 1,779.95 in early trade after the company yesterday posted a 19.17 per cent increase in standalone net profit at Rs 1,529 crore for the first quarter ended June 30.

Traders said besides encouraging earnings posted by some bluechip companies, a mixed trend at other Asian markets as investors tracked overnight gains on Wall Street, influenced trading sentiments here.

Investors were also awaiting US Federal Reserve Chairman Jerome Powell's first congressional testimony for hints on the pace of interest rate hikes, the added.

Meanwhile, foreign portfolio investors (FPIs) sold shares worth a net of Rs 625.68 crore, while domestic institutional investors (DIIs) offloaded shares worth a net of Rs 70.30 crore yesterday, provisional data showed.

Elsewhere in Asia, Japan's Nikkei rose 0.77 per cent, while Singapore Index was up 0.29 per cent in early trade today. However, Hong Kong's Hang Seng was down 0.92 per cent and Shanghai Composite Index fell 1.01 per cent.

The US Dow Jones Industrial Average ended 0.18 per cent higher in yesterday's trade. (PTI)
Read more »

Hello Jammu News at 4:46:00 PM 0

Mumbai, Jul 4: Bullish on the growth prospects, direct selling FMCG company Amway India today said it is targeting a revenue of Rs 6000 crore by 2025 and expects the country to feature among top 3 markets for Amway globally.

"We have registered a CAGR of 20 per cent over the last 20 years which is testimony to the robustness of our business model and importance of the Indian market, which ranks among the top markets for us. We are eyeing a three-fold growth in our business by 2025, fuelled by innovations and digital penetration along with our strong direct sellers network and focus on engaging young consumers," Amway India chief executive officer Anshu Budhraja said in a statement.

Globally, US-based Amway is over 59 years old, with a turnover of USD 8.6 billion.

Amway plans to invest around Rs 100 crore over the next 2-3 years in India, which includes Rs 70 crore investment in R&D, Rs 10 crore in manufacturing and Rs 20-30 crore in digital initiatives.

Amway has also invested Rs 600 crore in a manufacturing facility in Madurai, Tamil Nadu, as part of the Rs 1000 crore investment plan in India.

As part of its customer outreach and engagement plan, a significant portion of the investment is committed to launching Amway XPP stores in India. The company will be adding 25 more Xpress Pick and Pay (XPP) stores across India during 2018.

As per market estimates, the direct selling FMCG industry is expected to touch Rs 65,000 crore by 2025, clocking an almost six-fold growth from its current size.

Betting on the nutraceutical industry, it aims to double the revenue of nutrition and wellness, the biggest revenue driver, by 2025.

It noted that with the increasing demand for the vitamins and dietary supplements, which has a current market size of Rs 8,400 crore, is poised to grow at 10 per cent in the next five years.

"Currently the Indian market only comprises of 2-3 per cent share of the global market which offers immense growth potential," it said.

The company plans to soon launch its latest innovations with the focus on herbal in the beauty and personal care category and is also foraying into consumer durables with plans to launch air purifiers.

Amway India sells more than 140 daily use products across categories like nutrition, beauty, personal care, home care and consumer durables. (PTI)
Read more »

Hello Jammu News at 1:55:00 PM 0



Mumbai, Apr 5: The benchmark index of Bombay Stock Exchange (BSE) bounced back on Thursday on receding fears of a US-China trade war as the sensex jumped by 433.19 points to 33,452.26 points in early trade ahead of RBI Monetary policy today.
The Nifty of National Stocks Exchange (NSE) rose by 138 points to 10,266.40.
The sectoral indices like Energy, FMCG, IT, Utilities, Metal, Realty and Technology pushed the market firm. 
The sensex registered intra day high and low at 33,499.32 and 33,267.86 respectively.
The Nifty recorded intra day high and low at 10,286.25 and 10,227.45 respectively. 
The gainers were Tata Motors DVR by 3.57 pc to Rs 206, Tata Motors by 3.35 pc to Rs 367.60, Tata Steel by 3.07 pc to Rs 577.65 and ICICI Bank by 2.81 pc to Rs 276.
The losers were ITC by 0.19 pc to Rs 258.15. UNI
Read more »

Hello Jammu News at 12:30:00 PM 0



Mumbai, Apr 3: The benchmark index of Bombay Stock Exchange (BSE) on Tuesday fell by 49.38 points to 33.205.98 on profit booking by local operators at higher level.
The Nifty of National Stocks Exchange (NSE) eased by 28.10 to 10,183.70. 
The sectoral indices like Energy, FMCG, IT, Utilities, Metal, Realty and Technology dragged the market in early trade.
The sensex registered intra day high and low at 33,318.34 and 33,158.59 respectively.
The Nifty recorded intra day high and low at 10,229.45 and 10,181.85 respectively. 
The losers were Wipro by 2.19 pc to Rs 283.40, Adani Ports by 1.46 pc to Rs 364.60, ONGC by 1.31 pc to Rs 177.65 and Tata Steel by 1.31 pc to Rs 570.95.
The gainers were SBIN by 1.62 pc to Rs 250.30, Yes Bank by 1.60 pc to Rs 311.30, Tata Motors DVR by 1.40 pc to Rs 191.85 and M & M by 1.16 pc to Rs 756.25. UNI
Read more »

Hello Jammu News at 5:34:00 PM 0


New Delhi, Mar 27: The Confederation of All India Traders (CAIT) announced Delhi Trade Bandh on Wednesday to protest against 'arbitrary and illegal sealing' of commercial establishments and a Mega Rally of traders will be held at Ramlila Ground, here.
The 'Trade Bandh' and 'Rally' have been called by CAIT in association with All Delhi Traders, Vyapari and Workers Association.
The rally will be joined by traders, their employees and their families belonging to thousands of trade associations across Delhi. There will be no business activity in wholesale or retail markets of Delhi. 
CAIT secretary general and chairman of the Rally, Praveen Khandelwal said that as a mark of protest, the traders will not send their children to school and colleges on Wednesday.
'Inclusion of family women and children in the Rally will indicate the Government that sealing of one shop badly affect the livelihood of about 20 families. In totality about 40 lakh people in Delhi are being affected by the sealing,' he said.
Protesting against the gross violation of MCD Act, 1957 for sealing the shops, traders in Delhi on Tuesday took out Protest March in about 100 markets including Ashok Vihar and demanded immediate stoppage of sealing and de-sealing of shops which have been sealed so far.
All major wholesale and retail markets of Delhi including Connaught Place, Chandni Chowk, Sadar Bazar, Chawri Bazar, Kamla Nagar, Karol Bagh, Kashmiri Gate, Khari Baoli, Naya Bazar, Bhagirath Palace, Lajpat Rai Market, Paharganj, Rajouri Garden, Jail Road, Tilak Nagar, Uttam Nagar, Kirti Nagar, Naraina, Rohini, Ashok Vihar, Pitampura, Shalimar Bagh, Model Town, Amar Colony, Lajpat Nagar, South Extension, Defence Colony, Greater Kailash,Green Park, Khan Market, Kirti Nagar, Vikaspuri, Kalkaji, Tughlaqabad, Yusuf Sarai, Vikas Marg, Mandawali, Gandhi Nagar, Shahdara, Bhajanpura, Jagatpuri, Mayur Vihar, Preet Vihar, Shradhanand Marg will remain completely closed on Wednesday.
Mr Khandelwal said due to multiplicity of authorities in Delhi having no coordination among them has adversely affected planned development in Delhi. 
'Due to lukewarm and lethargic attitude and irresponsibility of the officials no master plan could be implemented in its right perspective. The Government has failed to develop sufficient commercial space in Delhi. The connivance of officials has resulted into unauthorised constructions. Why only traders are penalised. Why not stern action is taken against the erring officials,' he said.
On the other hand Delhi State level Associations of paint, cement, iron and steel, hardware, plywood, surgical, refrigeration, rubber and plastic, FMCG products, confectionary, beauty cosmetics, furnishing, machinery have declared closure of shops of their members across Delhi whereas gold artisans, fabricators and self employed people of different streams will also keep their shutters closed. 
The Transport Association has also declared support to Trade Bandh and transport companies in Delhi will remain closed. UNI
Read more »

Hello Jammu News at 6:02:00 PM 0


New Delhi, Mar 26: India's Premier Digital Advertising Company AdGlobal360 (AGL) announced on Monday its partnership with beverage giant Coca-Cola, where the latter will be using the company’s brand solution eBuX for its content services and solution licence.
AGL’s eBuX is a scalable solution for brands that aid in driving brands’ performance across e-commerce marketplaces. 
E-commerce in India is increasingly gaining importance. More and more customers are moving to digital ways of making everyday purchases. In such a case, it becomes critical for brands to provide a rich shopping experience on their e-store onsite.
Currently, the adoption of e-commerce in India is 24 per cent of the total Internet users in India. 
In FMCG sector, e-commerce would grow and account for 10 per cent in some categories; while 150-190 Mllion consumers will be digitally influenced in FMCG by 2020.
Understanding the impact of the segment, more and more companies especially in the FMCG sector are moving towards digital transformation in order to adapt to the changing consumer landscape. 
Coca-Cola is looking for e-content services, optimised brand visibility and procuring solution license via its partnership with eBuX, according to a company statement here.
When it comes to a product being visible on the digital shelf, what matters is search optimisation, the quality score of content, and share of search for the product. E-Bux crawls all this data and gives a collaborative information deck to the brand manager. Further, it helps the brand enhance
its product discoverability through content solutions, such as imagery, brand story telling among other things. UNI
Read more »

Hello Jammu News at 1:21:00 PM 0



Mumbai, Mar 22: The benchmark index of Bombay Stock Exchange (BSE) on Thursday gained by 75.46 points to 33,211.64 in opening trade as select buying was witnessed in Energy, FMCG, IT and Finance stocks.
Nifty of National Stocks Exchange (NSE) rose by 15.50 points to 10,170.75.
The sensex registered intra day high and low at 33,281.71 and 33,107.32 respectively.
The Nifty recorded intra-day high and low at 10,207.85 and 10,147.40 respectively. 
The sectoral such as Energy, FMCG, IT and Finance stocks kept the market strong for the third consecutive session.
In scrips, ONGC, Tata Motors, Reliance Industries and Sun Pharma increased while Tata Steel, Adani Ports, Wipro and ICICI Bank declined in opening trade.
The gainers were ONGC by 2.37 pc to Rs 179.60, Tata Motors by 1.3 3 pc to Rs 338.35, Reliance Industries by 1.24 pc to Rs 907.50 and Sun Pharma by 1.18 pc to Rs 510.65.
The losers were Tata Steel by 1.22 pc to Rs 575.25, Adani Ports by 1.11 pc to Rs 359.85, Wipro by 1 pc to Rs 292.60 and ICICI Bank by 0.85 pc to Rs 287.15. UNI
Read more »

Hello Jammu News at 1:26:00 PM 0



Mumbai, Mar 21: The benchmark index of Bombay Stock Exchange (BSE) on Tuesday rallied by 347 point 52 points to 33,344.28 in opening trade as brisk buying was witnessed across the board.
Nifty of National Stocks Exchange (NSE) too gained by 98.05 points to 10,222.40. 
The sensex registered intra day high and low at 33,341.74 and 33,090.82 respectvely.
The Nifty recorded intra day high and low at 10,225.45 and 10,173.20 respectively. 
The sectoral such as FMCG, Health Care, Auto, and Tecknology kept the sensex strong in early trade.
The gainers were Bharti Airtel by 3.52 pc to Rs 414.25, NTPC by 2.50 pc to Rs 170.25, Yes Bank by 1.95 pc to Rs 307.95 and SBIN by 1.85 pc to Rs 253.85.
The losers were HeroMoto Corp by 0.77 pc to Rs 3486.35, Tata Steel by 0.13 pc to Rs 592.50 and Bajaj Auto by 0.06 pc to Rs 287.70. UNI
Read more »

Hello Jammu News at 1:37:00 PM 0


Mumbai, Mar 19: The benchmark index of Bombay Stock Exchange (BSE) on Monday slipped by 78.84 points to 33,101.16 as selling was seen across the board.
Nifty of National Stocks Exchange (NSE) too eased by 31.75 points to 10,163.40. 
The sensex registered intra day high and low at 33,275.79 and 33,071.20 respectvely.
The Nifty recorded intra day high and low at 10,224.55 and 10,153.95 respectively. 
The sectoral such as FMCG, Health Care, Auto, and Tecknology kept the sensex under pressure in early trade.
The losers were Coal India by 3.12 pc to Rs 270, Tata Steel by 2.58 pc to Rs 595, Asian Paints by 2.19 pc to Rs 1100.85, Adani Ports by 1.90 pc to Rs 364 and SBIN by 1.62 pc to Rs 248.50.
The gainers were L & T by 0.97 pc to Rs 1279.85, Maruti Suzuki by 0.76 pc to Rs 8756.45, TCS by 0.69 pc to Rs 2844.90 and M & M by 0.58 pc to Rs 745.85. UNI
Read more »

Hello Jammu News at 6:21:00 PM 0



Mumbai, Mar 12: The benchmark index of Bombay Stock Exchange (BSE) on Monday posted the biggest the single day gain of 610.80 points to 33,917.94 since July 2017 on strong global cues.
The Nifty of National Stock Exchange (NSE) too advanced by 194.55 points to 10,421.40.
The domestic stocks logged sharp gains on first trading day of the week with the Sensex and the Nifty hitting almost one-week high on upbeat global stocks. 
The day opened on a positive note at 33,468.16 rising by 161 points in opening trade. It remained in green througout the day. It spurted by 655 points to 33,962.48, day high before closing at 3,917.94, up by 610.80 poitns from its last close. The Nifty recorded day high and low at 10,433.65 and 10,295.45 points respectively.
Gains were led by strong buying demand in index heavyweights ITC, HDFC and Reliance Industries.
Global stocks gained as international trade-war concerns took a backseat to economic optimism following a stronger US jobs report released over the weekend.
Among secondary indices, the S&P BSE Mid-Cap index rose 0.76 pc. The S&P BSE Small-Cap index rose 0.56 pc. Both these indices under performed the Sensex.
The breadth, indicating the overall health of the market, once again turned positive from negative in late trade. 
On the BSE, 1,378 shares rose and 1,354 shares fell. A total of 168 shares were unchanged. Breadth was strong till morning trade. It turned negative from positive in early afternoon trade. 
The sectoral indices that rose were Telecom by 2.57 pc, Metal by 2.32 pc, Oil and Gas by 2.13 pc, FMCG by 2.13 pc, Bankex by 1.60 pc and Technology by 1.58 pc.
The indices that declined were Coal India by 2.26 pc to rs 297.80 and SBIN by 0.12 pc to rs 252.85.
Index heavyweight and cigarette major ITC jumped 4.34 pc to Rs 270.65 after the government kept cess on cigarettes unchanged at its GST Council meeting on Saturday. 
Index heavyweight Reliance Industries' (RIL) rose 1.97 pc to Rs 930 after the company's step-down subsidiary, Reliance Retail (RRL), has subscribed to 19.04 lakh common shares of KaiOS Technologies Inc
(KTI) at $3.675 per share, for cash aggregating to $7 million, translating to 16% of equity stake of KTI on a fully diluted basis. 
KTI is an emerging mobile operating system technology provider incorporated in the State of Delaware, USA in 2014. The announcement was made after market hours on Friday. 
Telecom stocks saw mixed trend. Idea Cellular was up by 0.32 pc and Reliance Communications up by 1.98 pc. 
While MTNL was down by 2.21 pc and Tata Teleservices (Maharashtra) fell by 3.5 pc. 
Telecom major Bharti Airtel gained 5.11 pc after the company's board of directors in its meeting held today has approved issuance of non-convertible debentures (NCDs) of upto Rs 10,000 crore on a private placement basis in such tranches / series and at such rates as may be approved from time to time on cumulative basis along with
all NCDs issued by the company; and issuance of foreign currency bonds upto a limit of USD1 billion or equivalent in one or more tranches. The announcement was made during market hours today. 
Jaiprakash Associates rose 5.38 pc to Rs 14.70 on bargain hunting after a recent slide. Shares of Jaiprakash Associates slumped 23.98 pc in seven trading sessions to settle at Rs 13.95 on Friday. 
Overseas, Asian and European equities edged higher as trade-war concerns took a backseat to economic optimism following a stronger-than-expected jobs report in the US. UNI 
Read more »

Hello Jammu News at 1:54:00 PM 0



Mumbai, Mar 5: The benchmark index of Bombay Stock Exchange (BSE) on Monday slupmed by 311 pts to 33,735.28 as selling was seen across the board.
The Nifty of National Stocks Exchange (NSE) too slipped by 109.20 points to 10,349.15.
The sensex registered intra day high and low at 34,034.28 and 33,717.74 respectvely.
The Nifty recorded intra day high and low at 10,428.70 and 10,344.50 respectively. 
Though, the sensex jumped by 304 points to open at 34,034.28, it immediately went down.
The sectoral indices that drifted lower were FMCG, Fianance, Bankex, Energy and IT kept the market negative in early trade.
The losers were Tata Motors by 3.14 pc to Rs 387.20, Tata Motors DVR by 2.57 pc to Rs 202.50, Yes Bank by 2.49 pc to Rs 312.75 and Hind Unilever by 2.20 pc to Rs 1296.45.
The gainers were TCS by 0.74 pc to Rs 3059.45, Adani Ports by 0.32 pc to Rs 407 and Infosys by 0.04 pc to Rs 1160.75. UNI
Read more »
Subscribe to: Posts (Atom)