BUSINESS
Nutraceutical market to grow at more than 35% CAGR to $ 18 Billion in next 5 years
The explosive growth is being driven by a shift in consumer behaviour and a renewed focus on preventive healthcare. Nutritional supplements or nutraceuticals are fast gaining acceptance to fill in the nutrition gaps left in daily diets towards improving immunity. Nutraceuticals or Nutritional supplements aimed at preventing and managing specific lifestyle disorders.
High retail investments in stock market may help finance India's infra needs
"Other option for financing infrastructure that is also being explored is the InvIT (Infrastructure Investment Trusts). Government owned Financial Institutions like PFC, REC etc. are setting up InvITs and providing equity capital for new projects. These are all positive developments in the long term financing story of India," said the report authored by Soumya Kanti Ghosh, Group Chief Economic Adviser, State Bank of India.
Stock Talk: Top domestic appliances companies on Sensex today
The emerging economy and changing lifestyles of Indian consumers have been leading to growth of home appliances industries. The main growth drivers for this industry are increased affordability, focus on energy-efficient products, increasing digital penetration, and the rise in aspiration.
'Pandemic continues to pose risks to economic outlook'
"Progress on vaccinations has limited the spread of Covid-19 and will likely continue to reduce the effects of the public health crisis on the economy," Powell said in written testimony released Monday afternoon on the Fed's website, which was prepared for a Tuesday hearing before the House Select Subcommittee on the Coronavirus Crisis, Xinhua reported.
Hyundai Motor buys US firm Boston Dynamics for $880 mn
In December, the board of directors at the three affiliates -- Hyundai Motor, Hyundai Mobis and Hyundai Glovis -- approved the plan to acquire a combined 80 per cent stake in Boston Dynamics whose value is estimated at $1.1 billion, from Japanese investment firm SoftBank Group Capital Ltd and two individuals.
Stricter e-commerce norms to come in, flash sales may be history
As per the new draft regulations, no e-commerce entity shall allow any display or promotion of misleading advertisements, whether in the course of business on its platform or otherwise. Further, if the norms come into effect, every e-commerce shall establish an adequate grievance redressal mechanism having regard to the number of grievances ordinarily received by such entity from India.
CCI okays Heineken's additional stake acquisition in United Breweries
The proposed transaction, however, is subject to the outcome of certain court proceedings, according to a combination notice filed with the anti-trust body. In a tweet on Monday, the CCI said: "Commission approves proposed acquisition of additional equity stake in United Breweries Limited by Heineken International B.V."
Industry, govts and civil society must work as a coalition: Mukesh Ambani
Addressing the Qatar Economic Forum, Ambani spoke about the biggest challenges for the industry as the world emerges from the Covid-19 pandemic. "Well, I think that one of the challenges is to make sure that we get rid of the vaccination divide. It is critical that bulk of the developed world will be vaccinated by the end of the year.
Stock Talk: Top 5 Construction Stocks Comparison
According to a survey by CBRE on India’s construction cost trends, the industry is likely to witness increased investment in technology oriented construction such as use of prefabricated and modularised components including others.
Reprieve for cash deposits made by housewives during demo 2016
The Tribunal was considering an appeal filed by a housewife, the assessee who deposited the cash of Rs 2,11,500 in the bank account during the demonetization period. It was the case of the assessee that she had collected/saved the above-said sum from her previous saving, given by her husband, son, relatives for the purposes of her and her family's future, the report said.
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