Marico Ltd. health and beauty products are displayed on the shelf of a department store in Mumbai, India. (Photographer: Prashanth Vishwanathan/Bloomberg News)

Small Businesses Worst Hit By GST, Demonetisation, Says Marico’s Mariwala

Small and medium businesses were the worst hit by demonetisation and the Goods and Services Tax rollout, said Harsh Mariwala, chairman of consumer goods company Marico Ltd.For the rural segment, in...