| Marico tests cooling hair oil segment | 08-NOV-09 |
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| Fast moving consumer goods (FMCG) major Marico plans to enter the cooling hair oil segment by launching two products — Parachute Advanced Cooling Oil and Nihar Naturals Cooling Oil. The products are currently being test-marketed in a few rural belts — Parachute in Andhra Pradesh and Nihar cooling oil in Bihar and Jharkhand. |
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| Marico: Strong margins | 07-NOV-09 |
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| Having taken price cuts for products, it was primarily volume that drove the top line in the home market. |
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| ITC results bode well for FMCG firms | 27-OCT-09 |
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| Fast moving consumer goods (FMCG) companies are likely to register a modest growth for the July-September 2009 quarter on the back of rising consumer demand which is expected to considerably reduce the impact of a disappointing monsoon on sales. Traditionally, summer and winter months make up 30-40 per cent of any FMCG company’s overall sales. |
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| Marico rises 3.8% | 23-OCT-09 |
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| Marico shares rose 3.78 per cent to close the day at Rs 101.65 on hopes of robust sales and earnings in the July-September quarter due to higher volumes and lower raw material costs. |
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| Marico's Bangladesh unit starts public trading | 16-SEP-09 |
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| FMCG major Marico today said its Bangladesh subsidiary has got listed on the Dhaka Stock Exchange and the Chittagong Stock Exchange after the completion of its successful public offer. |
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| HP clears 13 industrial units | 14-SEP-09 |
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| Himachal Pradesh granted permission to 13 new industrial proposals and five expansion proposals involving an investment of Rs 330 crore here recently. |
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| More than just skin deep | 01-SEP-09 |
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| In 2001, Marico Chairman & Managing Director Harsh Mariwala was approached by a New York-based company to sell laser hair-removal machines in India. It was perhaps looking at distribution synergies with Marico’s personal care business. Mariwala, on his part, turned down the proposal. |
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| Marico: Brand power | 28-AUG-09 |
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| Since March, the Marico stock has gained 47 per cent and currently trades at Rs 87. At this level, the stock is valued at 18 times 2010-11 estimated earnings and analysts believe this is a fair price. |
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| Emami Group: Personal care push | 25-AUG-09 |
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| If you thought Kolkata-based Emami Group will take life easy after the acquisition of Zandu last year, your judgement could prove wrong. It has plans to invest some Rs 1,600 crore in its personal care business. This includes new products as well as extension and repositioning of brands. |
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| Volume growth returns for FMCG firms | 30-JUL-09 |
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| Fast moving consumer goods companies have posted yet another quarter of double-digit topline growth. However, the difference in this April to June quarter compared to the corresponding one in the previous year is that the growth is driven by volumes as against value (or price hikes) in the last financial year. |
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| Ramco Systems, Unichem Labs & Marico Q1 results | 24-JUL-09 |
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| Chennai-based software solutions provider Ramco Systems Limited has reported a net profit of Rs 72.65 lakh for the quarter ended June 30 compared with a net loss of Rs 11.12 crore in the same quarter last year. The company’s sales increased to Rs 43.37 crore from Rs 39.87 crore in the same quarter last year. |
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| Coconut hair oil now in bigger packs to avoid tax | 14-JUL-09 |
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| FMCG companies may re-engineer the packaging of coconut hair oil by increasing the grammage to escape the purview of the Central Board of Excise & Customs' decision to impose eight per cent excise on product packs under 200 ml. |
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