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    Hindustan Unilever to merge with GSK Consumer Healthcare

    Hindustan Unilever will merge with GSK Consumer Healthcare in a transaction that values the total business at ?31,700 crore. The merger includes the totality of operations within GSK Consumer Healthcare India Ltd, including a consignment selling contract to distribute GSK Consumer’s over-the-counter and oral health products in India, the company said in a statement. […]

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    FYI: Indians spent over Rs 50,000 crore on Chinese phones in FY18

    The four — Xiaomi, Oppo, Vivo and Honor — along with a few other Chinese brands like Lenovo-Motorola, OnePlus and Infinix, make up more than half of the total Indian smartphone market by sales. Indians spent nearly twice than previous year on smartphones made by top four Chinese brands. Chinese brands have established themselves in key […] More

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    FYI: India is beating China in  E-Rickshaw Revolution

    India has about 1.5 million battery-powered, three-wheeled rickshaws – a fleet bigger than the total number of electric passenger cars sold in China since 2011. As many as 11,000 new e-rickshaws hit the streets every month, and annual sales are expected to increase about 9 percent by 2021. The potential market for e-rickshaws could be […] More

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    Meet e-Rythu, a digital marketplace launched by AP govt to create a cashless agricultural ecosystem

    The Government of Andhra Pradesh and Mastercard has introduced e-Rythu (e-farmer in Telugu), a mobile platform that digitizes agriculture marketplaces, payments, workflows, and provides farmers an easy and secure way to buy, sell and receive payments for agricultural products via their feature phones. It will help small-scale farmers looking to sell their produce to connect […] More

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    This Chinese value retailer is taking India by storm #ScaleThinking

    A year after entering India’s $670 billion retail market, the little-known Miniso brand has already opened close to 30 outlets in the country. It sells a range of affordable assorted goods on the lines of Japan’s 100-Yen shops, akin to dollar stores. The company is looking to set up an 800 stores by 2019. (FYI: […] More

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    Indian youth is super pessimistic about job prospect

    Over 70% of post-millennials and 65% of younger millennials think it is ‘extremely’ or ‘fairly’ difficult to find a job nowadays. Over 30% of India’s youth aged 15-29 years are ‘not in employment, education or training’ (NEETs), faring much worse than other major developing countries. The YouGov-Mint survey reveals that most of those aged 21 years […] More

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    Patanjali sales growth slow down

    FMCG company Patanjali is facing a consumer offtake slowdown after growing its turnover nearly five times to Rs 10,000 crore in FY17 from Rs 2,000 crore from FY14. But the FY18 revenue was flat. “The key factors leading to the decline in Patanjali are brand fatigue setting in due to lack of renovation, inability to […] More

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    MacCoin launches in US : McDonald's own currency, literally!

    On Thursday i.e. 2nd of August 2018, to commemorate the Big Mac’s 50th anniversary, McDonald across it’s 14,000 restaurants in US would give 1 MacCoin on every Big Mac purchase. And customers can redeem those coins in lieu of another free Big Mac, starting from 3rd of August till the end of 2018. The coins […] More

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    Two To Tango : Following TCS, RIL re-enters $100 Billion club

    India now has two companies that are valued over $100 billion. Nearly three months after Tata Consultancy Services Ltd. became India’s first information technology major to breach the $100-billion mark in market capitalisation, Mukesh Ambani-owned Reliance Industries Ltd.’s market value crossed the milestone for the first time in the last 10 years. The country’s largest […] More

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    2018, the year Indian real estate industry died

    Invest in residential real estate only if you have the patience and the staying power to play a very long waiting game for returns. According to National Housing Bank data, property prices in Mumbai and Bengaluru increased annually by just about 7.50% and 5.75% respectively between June 2013 and September 2017. In Delhi, prices actually […] More

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