Top officials close to the development told ET that HUL will train a large set of advisors and beauty consultants, numbering about 1,500, to become entrepreneurs so that they can set up their own businesses.
Retailers that opened doors in Karnataka, Maharashtra, Delhi, West Bengal and Andhra Pradesh noted serpentine queues as tipplers planned stock piling after the long period of prohibition. Several stores across the country ran out of stock by 11 am, executives said.
The move will boost the government revenue, which has been hit hard due to the coronavirus-forced lockdown, but there will be a steep rise in the prices of retails liquor bottle. "70 per cent 'Special Corona Fee' has been imposed on the MRP of liquor bottles. The new rate will be applicable from Tuesday," a source said.
According to an official, about 150 government-run liquor shops have been allowed to open from 9 am to 6.30 pm in accordance with the latest lockdown relaxations given by the Ministry of Home Affairs (MHA).
The workforce problems at two ITC food plants - one in Pune in the western state of Maharashtra and another in the southern state of Karnataka - show how labour issues weigh on Indian firms after a nationwide coronavirus lockdown forced thousands of workers to go back to their villages.
The maker of Dettol and Lizol disinfectant reported best ever global sales growth for the March 2020 quarter as customers stocked up on hygiene products amidst the COVID-19 pandemic, with like for like growth up 13%, higher market share and strong growth in e-commerce.
The maker of Lux soap and Lipton tea, which employs about 21,000 people and reported a 7% decline in volumes for the March quarter, said it is revisiting any further increases planned for the rest of the year.