Business
Tall retail chains’ sales at pre-Covid stages
Sales have recovered to pre-pandemic levels at large retail chains, also known as modern trade, in the January-June period owing to low infection rates, a pick-up in consumer mobility and withdrawal of all Covid curbs, said researchers and consumer goods makers. Also, the pace of ecommerce channel growth has slowed compared with the previous two…
Business
Main person cos to proceed capex
Several leading consumer facing companies including Hindustan Unilever, Britannia, Voltas, Havells, Blue Star and Titan Company are going to continue their high capital expenditure (capex) and expansion this fiscal as that in FY23, senior executives told ET and analysts in recent earning calls.Much of the capex is ear-marked for new factories…
Business
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