Financials & Economy
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Indian online grocer BigBasket registers losses in 2020 despite of 36% growth in revenue growth
INDIA – BigBasket, a leading Indian online grocer, has reported a 26% rise in losses for the 2020 financial year even as it managed to…
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Nampak reports marginal growth in revenue boosted by cost saving initiatives
SOUTH AFRICA – Africa’s largest diversified packaging manufacturer, Nampak has reported that its first quarter revenue for the period ended December 2020, marginally rose by…
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Tata Coffee’s profits up 20% as parent company eyes acquisition of maker of Soulfull cereals
INDIA – Tata Coffee, one of the largest integrated Coffee cultivation and processing companies in the world, has reported a 20% rise in net profit…
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Unilever’s resilience and agility help deliver strong full-year results for 2020
UK – In a year punctuated by market volatility due to the impact of Covid-19, British multinational consumer goods company managed to record underlying sales…
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Distell rises above COVID-19 turbulence reporting 3.8% revenue rise in interim period
SOUTH AFRICA – Distell Group, producer and marketer of wines, ciders, spirit and ready-to-drinks beverages has reported 3.8% rise in half year revenue for the…