Even after the nation-wide lockdown was imposed in India, Google’s stocks continued to follow the same trend. It was not until April 29th that the company’s performance rose yet again and the decline proved to be less severe than feared by the markets.
DMart is India’s most profitable supermarket chain known for its thrifty cost structure. The efficient cost management allows them to offer their products at a cheaper rate and the inventory moves so fast that the stores place monthly orders for fresh stock, the shortest period among all Indian retailers.
Additionally, the telecom company has recently acquired a 10% stake in "Lattu Kids" which is an education technology-based company focused on providing kids with an e-learning platform. Lattu Kids has recently struck the market hard and is in for a real treat. With many companies intercepting higher profits and goods future gains from the company, it is now already a part of the Airtel Startup Accelerator Program.
Swiggy is following a non-stop journey. The brand which started with delivering food in one city is now escalating across India. Having changed the entire landscape of how India eats, its unconventional business model has made the life of every foodie easier, tastier, and more fun.
The brand which healed without stinging took birth on May 22, 1992 when Johnson & Johnson acquired Savlon, followed by ITC in 2015. Savlon kicked off its journey as a disinfectant which was used to clean wounds and it further diversified and came up with hand-wash and soap.
Back in 2018, the British-Dutch Company, HUL announced its merger with the Indian nutrition business of GlaxoSmithKline and was anticipated to support the FMCG company's position in the Indian market in a significant manner.