Suneera Tandon
Senior Writer at Mint
I write on all things consumer @livemint I [email protected] I Previously @qzindia. Tea person for life.
Articles
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3 weeks ago |
livemint.com | Suneera Tandon
The eateries business grew by up to 20% as late evening matches kept the order tap flowing. With record viewership annually, the boom was in line with growth seen during previous editions. The importance of IPL has only grown for restaurant chains, especially as they have struggled with tepid demand in the December quarter and the early part of the March quarter. Also read: United Spirits is on a high after RCB's IPL win, JP Morgan upgrade and UK FTA. Can it keep buzzing?
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3 weeks ago |
htsyndication.com | Suneera Tandon
New Delhi, June 6 -- The just-ended 18th season of the Indian Premier League (IPL) continued to drive growth for restaurants, especially those doing deliveries. The eateries business grew by up to 20% as late evening matches kept the order tap flowing. With record viewership annually, the boom was in line with growth seen during previous editions.
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3 weeks ago |
htsyndication.com | Suneera Tandon
New Delhi, June 6 -- New Delhi: A surge in sales may be around the corner for some of India's leading packaged consumer goods makers, as cheaper inputs and lower import duties craft a perfect recipe for their next stage of growth. Companies and analysts alike said that falling prices of wheat, maize, barley and oils will help expand volumes, in a change from the recent experience of pricier products driving revenue.
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3 weeks ago |
livemint.com | Suneera Tandon
Companies and analysts alike said that falling prices of wheat, maize, barley and oils will help expand volumes, in a change from the recent experience of pricier products driving revenue. On 31 May, the government halved the basic customs duty on crude soybean oil, crude palm oil, and crude sunflower oil to 10%, eight months after raising it from nil to 20%. The move had prompted packaged goods makers to hike prices of items like soaps and biscuits to protect their margins.
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3 weeks ago |
livemint.com | Suneera Tandon
Summary On 31 May, the government announced basic customs duty cuts on crude soybean, palm and sunflower oil from 20% to 10%. The effective import duty on these three products has fallen to 16.5% from 27.5%. This is a Mint Premium article gifted to you. Subscribe to enjoy similar stories.
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