NTPC, Hindalco, Bosch, Ashok Leyland, Hindustan Copper, Glenmark Pharma, Aegis Logistics, Manappuram Finance, Suzlon Energy, Torrent Pharmaceuticals, and United Spirits will announce their March quarter earnings on May 24.
Dealers and distributors are unwilling to pick up new stocks as they are yet to offload last years stock, and manufacturers do not expect the prevailing cold conditions in most of north India to lead to a revival in demand for knitwear.
‘Bihar wants to be among top 10 states with respect to industrial investment in the next three years and among the top five destinations in next five years’
Listed lifestyle and grocery retailers and quick-service restaurants in India added nearly 64,000 employees to their workforce in the last fiscal year, a 73% increase from the previous year. Companies such as Reliance Industries retail arm, Shoppers Stop, and Titan increased their combined workforce by 14% to nearly 530,000 employees. Industry insiders and staffing firms expect continued hiring as retailers have seen a recovery in demand during festive seasons.