Tata Consumer | Tata Consumer share price: Not e-comm alone, one has to be in modern trade, in kirana stores also to build scale: Sunil D’Souza, Tata Consumer

Tata Consumer | Tata Consumer share price: Not e-comm alone, one has to be in modern trade, in kirana stores also to build scale: Sunil D’Souza, Tata Consumer

Sunil D’Souza, MD & CEO, Tata Consumer, says the retail landscape will change dramatically. Modern trade will take off because India is still under-penetrated. It is primarily driven by kiranas. Modern trade will take off. But e-commerce will also take off. In India, just 5% of retail spend happens online. In Brazil, it is 15%, … Read more

Indian stocks: A heavy monsoon season is great news for these Indian stocks

Indian stocks: A heavy monsoon season is great news for these Indian stocks

Stocks of Indian firms that earn a large chunk of their revenues from the nation’s hinterland are showing signs of a revival, as traders bet that bountiful monsoon rains will lead to better crop yields and boost rural demand. Motorcycle manufacturers, farm-equipment makers and producers of fast-moving consumer goods have rallied following forecasts of timely … Read more

India’s hot summer creates winners in its pricey stock market

India’s hot summer creates winners in its pricey stock market

Predictions of scorching heat across India are giving fresh fodder to traders as they hunt for stocks that can outperform in an overvalued market. Shares of air cooler makers and power generators rallied this week after the nation’s weather agency warned of hotter-than-usual temperature through the end of June. The sectoral advance comes amid concerns … Read more