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Business Briefs

Food inflation dips

New Delhi, April 7: Food inflation fell to a four-month low of 9.18 per cent for the week ended March 26, prompting experts to suggest that record foodgrain production will keep the numbers stable in the coming months. Food inflation fell from 9.50 per cent in the previous week and 21.15 per cent a year ago.

AI meet

New Delhi, April 7: A bankers’ consortium and the Air India management will hold a meeting in Mumbai tomorrow to consider ways of servicing its huge debt burden, Air India chairman Arvind Jadhav said.

Godrej plan

Calcutta, April 7: Godrej Consumer Products is evaluating a possible re-entry into the air freshner segment. It gave up its licence to market Ambi Pur, an air care brand, in India to P&G last year.

Glenmark pact

New Delhi, April 7: Glenmark Pharmaceuticals has entered into an exclusive licensing deal with Canada-based Immanence-IDC to distribute the latter’s anti-aging cosmeceutical range of products in eight nations.

Hiring trend

New Delhi, April 7: Hiring activities picked up in March, primarily led by IT and retail, according to Monster.com. The online job portal’s employment index rose to 118 in March from 116 in February. The index provides a broad indication of demand for jobs online.


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