"Indian markets have been buoyant tracking healthy FII inflows, the pace of economic recovery and hopes of quicker COVID-19 recovery based on progress made by the medical fraternity on development of a vaccine.While the market has almost chartered V-shaped recovery from March lows, the next leg is likely to be driven by banking wherein, we believe, most of the negatives are priced in," said Pankaj Pandey, Head–Research, ICICI direct. … [Read more...] about Market may be heading to record high; brokerages bet on these 8 blue-chip stocks
The menu board has gotten easier to read, thanks to simplified menus. That trend will only continue, as McDonald’s spent $300 million in 2019 to acquire the AI company Dynamic Yield. Using predictive technologies, its new digital menu boards can tailor the menu for time of day, weather, and even current restaurant traffic (meaning items that take a long time to prepare might be de-emphasized during a rush). McDonald’s talks a lot about the “personalization” of ordering into the future, and it’s easy to imagine how that could play out in menu boards one day: If you never, ever order nuggets, maybe they shouldn’t be prominent on the screen, or listed at all. Starbucks, which also has digital menu boards, has considered allowing consumers to opt in to being identified upon driving up, to get personalized recommendations. … [Read more...] about Starbucks, Taco Bell, Chipotle: The $290 billion race for the perfect drive-through
The question is about where the earnings will be delivered in the coming – not in the next one-two quarters but -- in the next one-two years. That is where we remain somewhat more skeptical about some of the sectors in India where the economic damage from COVID-19 is going to last for a little longer than the healthcare. … [Read more...] about Weekly dossier: Gautam Shah, Arvind Sanger, Naveen Kulkarni and others on market, investment ideas
Of course, it’s not like this is the first time famous names have been paired with ice cream. Ben & Jerry’s is the OG when it comes to bringing celebrity deli sandwich ethos to frozen desserts, and it wasn’t that long ago that Kendall Jenner was shilling for Magnum (with an awful ad, that became her own special signature). … [Read more...] about I scream, you scream, what’s up with all the celebrity ice cream?
Amid Covid-induced disruptions, diversified business conglomerate ITC appears to have set an ambitious expansion of its fast-moving-consumer-goods (FMCG) business, with chairman Sanjiv Puri, clearly identifying the segment as the company’s main growth driver, with focus on new products, bold acquisitions and the high-octane marketing. … [Read more...] about ITC’s Sanjiv Puri marks out FMCG as the big growth engine in new normal post-Covid world