Kotak Institutional Equities report

Fast moving consumer goods companies are likely to report a 5-6 per cent drop in net profit during the third quarter due to the hit on sales that they witnessed post-demonetization drive in the run-up to the earnings season...

India's e-commerce sector is expected to touch US$ 28 billion by FY2019-20 on account of an increase in number of buyers and stable annual spends per consumer, according to a report. "A gradual increase in shopper base, coupled with steady...