As part of the ban on manufacturing, import, stocking, distribution, sale and use of identified single-use plastic (SUP) products throughout India, plastic straws that come integrated with fruit juice or dairy product tetra packs have been banned starting July 1. Market participants believe that listed FMCG player Dabur India may not singe its fingers as much. The food and beverages portfolio stands at 18 percent for Dabur. The beverages portfolio constitutes about 80 percent of this 18 percent. And small tetra pack products form a small part of this 80 percent, said an analyst from a domestic brokerage firm. “Dabur’s earnings are unlikely to be significantly impacted, though profitability could take a hit of 70-100 basis points,” she added.

Yes Bank will hold a Swiss Challenge auction to invite counter bids with JC Flowers' offer as anchor bid post-board nod, sources told CNBC-TV18. CNBC-TV18 is awaiting Yes Bank’s response to the story.

As per the new guidelines, a 10% deduction at source (TDS) will happen on freebies if social media influencers and doctors receive these freebies through sales promotions and their value exceeds Rs 20,000 in a financial year.

The alliance announced Wednesday marks a major step toward Netflix's first foray into advertising after steadfastly refusing to include commercials in its video streaming service since its inception 15 years ago.