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COVID-19 to disrupt dairy industry revenue in 2020-21: Report

Weak demand for value-added products (VAPs) following disruptions caused by the coronavirus pandemic is likely to lead to flat revenue growth for the Indian dairy industry in the current year, 2020-21, according to a report. Sales of value added products such as ice cream, cheese, flavoured milk, curd and yoghurt that are more profitable than liquid milk and account for …

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Learning from the wars

By Tensing Rodrigues We said last time that modest foresight based on a modest hindsight could be the best prescription for navigating paralyzing uncertainty. Today let me share with you a beautiful insight offered by McKinsey Global Institute in its May 14, 2020 dispatch. They look at the lessons that wars in the past could offer us in these trying …

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Not to pre-1991 days again, please

By DM Deshpande India’s Rs 20 lakh crore economic package is named as Atmanirbhar plan. The Prime Minister himself has articulated in his address to the nation that the aim is to build a strong, self reliant India. Before the idea of self reliance Make in India was the pet theme of the government. It continues to be so as …

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Designer face masks for Goa Police in ongoing COVID- 19 fight

With masks being recognized as absolutely essential in the prevention of coronavirus, Goan brand Nirvana is contributing towards the fight against the deadly disease by specially designing face masks for the Goa Police.   The trend setting T-shirt company recently designed and supplied 500 complimentary masks to the sub-division of police officers (SDPO) at Vasco and Panaji.  The mask matches …

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Companies cannot file consumer complaints

By Adv. Jatin Ramaiya Three Companies Clay Craft (India) Pvt. Ltd, Eklingji Industries Pvt. Ltd. A & B Ceramics Pvt. Ltd., approached the National Consumer Disputes Redressal Commission, New Delhi, assailing the orders passed by the District Forum and the State Commission in Rajasthan. The three companies had essentially filed their complaints seeking refund of money deposited with Rajasthan Small …

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Amazon India extends packaging free service to 100 cities

Amazon India said that, it achieved a milestone by minimizing packaging waste across its supply chain by expanding packaging- free  shipping (PFS) to over a 100 cities. Under the PFS initiative customer orders are shipped in their original packaging without any additional packaging or significantly reduced packaging. The service was first launched in June 2019 in nine cities now stands …

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BMW on road to making Chennai facility fully green

Notwithstanding the difficulties facing the automobile industry during the ongoing lockdown BMW Group is taking steps to making its Chennai plant become fully green by the end of 2020. Presently 40 per cent of the plant’s electricity requirements are through a 1350 kW solar photovoltaic system. BMW is working towards the plant becoming a 100 per cent green by introducing …

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HDFC Bank steps up offers to increase post lockdown business

HDFC Bank is steeping up on offers aimed at increasing business as the lockdown eases. The offers include no cost EMI and no down payment for large appliances, discounts and cash back on select brands, 50 per cent extra reward points on online credit card usage, up to 70 per cent lower EMI for first three months on car loans, …

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Pandemic impacts mango business adversely in state

Pandemic imposed lockdown impacted the mango business in the state this year  on top of a poor season with trees bearing less fruit. The low yield is due to unfavourable climatic conditions according to farmers. They said that, production of the mangoes decreased and together with it the lucrative local business of mangoes. A farmer pointed out that, during the …

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Institutional investment in real estate fell 12% in 2019-20: Report

“The US-based property consultant Vestian attributed the decline largely to the tight economic situation during the year and the uncertainty brought forth by the Covid-19 crisis in the last quarter of the year.” Institutional investment in Indian real estate fell 12 per cent to US $ 4.48 billion (around Rs 33,800 crore) in 2019-20 on lower economic growth and uncertainty …

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