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Home / Author / Nachiket Kelkar

Nachiket Kelkar

Nachiket Kelkar

Nachiket Kelkar covers major corporate news across sectors. He loves photography and travelling to off-beat destinations

Articles by Nachiket Kelkar

Tata Motors bets on trucks for growth in 2017

Actor Akshay Kumar launches Tata Motors new “Pick-up truck - Xenon Yodha” in Mumbai on Tuesday.

Updated on Jan 4, 2017 05:05 IST

FMCG companies race after Patanjali’s herbal products

Baba Ramdev and Acharya Balkrishna display Patanjali products.

Updated on Jan 3, 2017 05:24 IST

With e-wallets mushrooming, insurance companies move in

At a time when the government is pushing for cashless transactions and for use of digital payment platforms, the general insurance industry is exploring ways of developing products that will insure such transactions.

Updated on Jan 2, 2017 05:05 IST

Brexit, demonetisation, Trump and Fed: A volatile year for markets

Volatility became the trademark for equities in 2016, with key indices Sensex and Nifty seeing wild swings, and eventually wiping off most of the gains registered during the year.

Updated on Dec 28, 2016 05:19 IST

FMCGs hit by note ban, high input costs

The note ban and rise in price of key inputs like palm oil has been a double whammy for fast-moving consumer goods (FMCG) firms.

Updated on Dec 28, 2016 11:14 IST

Currency ban forces retailers to advance seasonal sales

Retailers have launched sales early to make up for the business lost in November due to demonetisation. Typically, the end-of-season sales start from the first week of January.

Updated on Dec 22, 2016 05:56 IST

Note ban fallout: Companies call off IPOs as economy slows

Green Signal Bio Pharma, Vodafone and matrimony.com are some of the firms that cancelled their IPOs.

Updated on Dec 19, 2016 05:54 IST

Markets likely to be under pressure after US Fed hikes interest rates

Traders work on the floor of the New York Stock Exchange (NYSE) as Federal Reserve chairperson Janet Yellen speaks to the media following the central bank's latest policy meeting, in New York City.

Updated on Dec 15, 2016 03:34 IST

Mumbai rentals rise as builders keep house prices high

While house prices stagnate due to low demand and rising inventories, the average rent in India’s financial capital Mumbai has risen by 26% between 2012 and 15.

Updated on Dec 13, 2016 07:29 IST

Firms unable to sell land amid slowdown, note ban

Glaxo Smithkline has been planning to sell 60 acres in Thane near Mumbai for a while now. Its factory in Thane was shut in 2011. The company came close to selling the land in 2014, but the deal fell through due to legal hurdles.

Updated on Dec 8, 2016 07:06 IST

Stocks tumble as RBI keps repo rate unchanged at 6.25%

The BSE Sensex, which had traded largely in the green since morning, declined 180 points or 0.7% at 26,212.77 and the wider NSE Nifty was down 39 points or 0.5% at 8,104.40 after the RBI monetary policy announcement.

Updated on Dec 7, 2016 12:08 IST

Funds withdraw Rs 39.4 k cr amid US Fed rate hike fears

Most diversified global funds, that put money in various markets in Asia-Pacific, have allocations of about 3% of their total investible funds for India.

Updated on Dec 5, 2016 05:52 IST

Amid slump, Dubai realtors to woo Indian buyers

Dubai kicked off New Year with a dazzling bid for a new world record to cap those the Gulf city state already holds for its mammoth property developments.

Updated on Dec 1, 2016 05:51 IST

Croma targets Amazon, Flipkart with large stores

Croma is shutting down small stores and focusing on larger ones of over 10,000 square feet so it can sell a wider portfolio of products and offer better after-sales service.

Updated on Dec 2, 2016 13:53 IST

Demonetisation impact: Data shows 20-40% drop in FMCG sales

The small kirana stores are caught between the drop in sales on one side after demonetisation and wholesalers stopping visits to these outlets, particularly in small towns in the wake of the liquidity crunch.

Updated on Nov 25, 2016 06:56 IST

MasterCard eyes carpenters, auto drivers, plumbers in digital push

India currently has around 710 million card users, of which around 200 million are MasterCard users.

Updated on Nov 25, 2016 05:35 IST

Retailers and vendors refuse old notes: Small traders caught in the middle

As retailers and vendors refuse to accept old currency, small traders.

Updated on Nov 22, 2016 07:03 IST

Note ban to be positive for India

Updated on Nov 17, 2016 06:19 IST

Black money crackdown could hit jewellery sales

The government’s black money crackdown could hit jewellery sales.

Updated on Nov 9, 2016 06:55 IST

Tata Vs Cyrus Mistry: All you want to know

The Tata Group surprised everyone when on October 24, the Tata Sons board,ousted Cyrus Mistry as chairman. But removing Mistry from independent companies of the Tata Group will not be easy.

Updated on Nov 8, 2016 11:57 IST

Sensex begins Samvat 2073 on weak note, ends below 28K

India’s stock markets began Samvat 2073, the Hindu calendar year, on a tepid note, with both the benchmark BSE Sensex and NSE Nifty declining marginally on Sunday as near-term uncertainties like the outcome of the US Presidential elections and moves by the Federal Reserve weighed.

Updated on Oct 31, 2016 07:13 IST

Gold jewellery sales rise 30% during Dhanteras

After a slow first half, which was hit by over a month-long strike, jewellers are a happy lot this Dhanteras.

Updated on Oct 29, 2016 06:40 IST

Mahindra reboots two-wheeler business, will revive vintage brands BSA, Jawa

Mahindra and Mahindra farm equipment & two wheelers president & chief executive Rajesh Jejurikar (left) with executive director Pawan Goenka at a press conference in Mumbai on Tuesday

Updated on Oct 25, 2016 12:49 IST

Tata Group stocks tumble on sudden Cyrus Mistry exit

In a surprise move, the Tata Group decided to remove chairman Cyrus Mistry and bring back Ratan Tata as the interim chairman.

Updated on Oct 25, 2016 15:18 IST

Jaguar’s F-Pace SUV marks a shift in strategy: Source more parts from India

Drive - Jaguar F-Pace - Glacier White 3.0 TDV6

Updated on Oct 21, 2016 06:12 IST

Jewellery industry seeks lower tax under GST

India’s gems and jewellery industry wants the Goods and Services Tax (GST) on finished jewellery to be capped at 1.25%. It also demanded there be no GST on raw, cut and polished diamonds and coloured gem stones since most of these are exported.

Updated on Oct 20, 2016 07:10 IST

Sensex gains 521 points, GST meet spurs buying

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Updated on Oct 19, 2016 24:22 IST

Tata Trusts to spend ₹750 crore on social plans

Chairman of TATA trusts Ratan Tata and President & CEO Sustainable Health care Solutions GE Health care Terri Bresenham in Mumbai on Monday.

Updated on Oct 18, 2016 08:19 IST

Amway to invest ₹400 crore in India over 5 years

Amway, the largest player in India’s ₹7,500 crore direct-selling market, will invest ₹400 crore to strengthen its product portfolio and expand through “express” stores in the next five years, taking its total investment in India to over ₹1,000 crore.

Updated on Oct 18, 2016 08:12 IST

Pension regulator bats for separate investment category for REITs

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Updated on Oct 14, 2016 02:51 IST

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