Anand Kripalu, chief executive of the unit of Britain’s Diageo Plc, said the maker of Johnnie Walker whisky expects growth in top-end spirits to outpace the mass market over the next few years, as a growing class of wealthy young professionals demands better quality.
Posts tagged MC
Diageo eyes high-end spirits to reverse market share loss (29-10-2015)
Bull’s Eye: Buy NCC, SKS Micro, SRF, Manappuram Fin, Camlin (29-10-2015)
Kiran Jadhav of Precision Investment Services is of the view that one may buy Radico Khaitan with a target of Rs 109.
Rebound in Japan’s industrial output eases pressure on BOJ (29-10-2015)
The turnaround reduces pressure on the Bank of Japan to expand its already massive stimulus program as early as Friday, although it is expected to slash its rosy economic and price growth forecasts.
Chemicals mkt to grow 9% through FY19 to touch $214b:Report (29-10-2015)
“The domestic chemicals industry has the potential to grow at 9 per cent annually to reach USD 214 billion by FY19 from USD 139 billion in Fy14,” says a report by the Tata Strategic Management Group, which is the largest homegrown management consultancy,and the industry lobby Ficci.
Wall Street climbs as Fed puts Dec rate hike in play (29-10-2015)
The Dow Jones industrial average rose 198.09 points, or 1.13 percent, to 17,779.52, the SP 500 gained 24.46 points, or 1.18 percent, to 2,090.35, its highest in more than two months.
Asian stocks mostly higher after Fed holds rates steady (29-10-2015)
Asian stocks mostly advanced on Thursday, encouraged by a stronger finish on Wall Street following the Fed’s decision to leave interest rates near zero.
Global mkts in green but Nifty may open expiry day in red (29-10-2015)
The Nasdaq led gains with a 1.3 percent rise, while the Dow Jones and SP 500 closed up 1.1 and 1.2 percent respectively.
Fed holds steady; few clues about future rate hike (29-10-2015)
As expected, the Federal Open Market Committee voted to maintain its zero interest rate policy, citing weakness in exports and soft inflation as reasons to continue its historically easy monetary policy. The FOMC vote had just one dissent, from Jeffrey Lacker, who wanted to see the Fed enact a quarter-point hike.
Relaxed norms boosted India’s ease-of-biz rank: World Bank (28-10-2015)
Speaking to CNBC-TV18’s Shereen Bhan, Onno Ruhl, Country Director, World Bank India said that reforms in India pushed its ranking upwards. “India is among the one-third countries that have improved,� he said.
Ambuja Cements Q3 net down 35.8% at Rs 153.6cr, below est (28-10-2015)
Ambuja Cements has posted a net profit of Rs 153.57 crore in the July-September quarter, down 35.8 percent from Rs 239.06 crore, year-on-year. The company’s total income came in at Rs 2,110.90 crore, down 4.2 percent from Rs 2202.06 crore.