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Godrej Consumer Sees Strong Double-Digit 1Q Sales Growth

·         Godrej Consumer likely clocked “high teens” sales growth in its India business in the first quarter to June 30, helped by strong volume growth and calibrated price increases.

·         In India, company witnessed strong double-digit sales growth in home care and personal care categories
Indonesia sales growth seen flat on constant currency basis.

·         It exects sales growth in Latin America and SAARC businesses to remain strong in constant currency terms
Godrej Africa, USA and Middle East expects 1Q constant currency sales growth of “upwards of the fifties”
ABS prices raised 50% MoM

Bepl
Supreme petro
Ineos
Kolkata: SastaSundar.com, a digital e-pharmacy startup, is in talks with existing Japanese investors Mitsubishi Corp and Rohto Pharmaceuticals Co, besides other global private equity players to raise around $100 million (Rs 740 crore approx) as part of a Series D funding.

It expects to line up around $25 million in calendar 2021 itself in a bid to build a war chest for expanding its health services across India amid the raging Covid pandemic, a top company executive said.
OPEC+ abandons oil policy meeting:

OPEC+ ministers called off oil output talks on Monday after clashing last week when the United Arab Emirates rejected a proposed eight-month extension to output curbs, meaning no deal to boost production has been agreed.