| Wipro: Strengthening Yardley | 17-NOV-09 |
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| With the acquisition of the Asia, Asia-Pacific and North Africa businesses of Yardley from the UK-based Lornamead Group, Wipro Consumer Care and Lighting (WCCL), Wipro’s FMCG arm, is ready to fast-track its business which contributes around 8 per cent to the overall revenue. It forked out $45.5 million (around Rs 210 crore) for the assets, which is a little over twice their annual revenue. |
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| GCPL: Well done | 14-NOV-09 |
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| A better reach in rural markets has helped both the soaps and hair colours businesses. |
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| Emami: Betting on homeopathy | 10-NOV-09 |
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| Kolkata-based Emami, the Rs 2,200-crore fast moving consumer goods major, is on the lookout for local homeopathy companies, even sick units will do. Emami had acquired Kolkata-based M Bhattacharyya & Co, one of the country’s earliest homeopathy companies, three years ago. |
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| Dabur Q2 net up 30.7% | 27-OCT-09 |
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| FMCG firm Dabur India today reported a 30.7 per cent jump in consolidated net profit during the second quarter ended September to Rs 140.34 crore compared with Rs 107.41 crore in the corresponding period last year, driven by strong volume growth across key categories. Revenue was at Rs 855.06 crore compared with Rs 698.45 crore in the corresponding period last year, up 22.4 per cent, the company said in a statement. |
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| Shobhana Subramanian: The margins can wait | 09-OCT-09 |
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| It's almost alarming to see how fast HUL is letting go of its consumers—the loss of share in toilet soaps, for instance, in July-August has been over 500 basis points. |
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| Arvind Singhal: Roti, mobile, gaadi aur necklace | 13-AUG-09 |
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| Notwithstanding the current concerns regarding the impact on consumer spending on account of a truant monsoon, India will see a spending of almost Rs 21 lakh crore (about $435 billion) at current prices in 2009 (assuming a GDP growth rate of 6 per cent). |
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| GlaxoSmithKline to launch up to 12 products this year | 11-JUN-09 |
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| Aiming to maintain a growth rate of around 18-22 per cent, FMCG firm GlaxoSmithKline will this year introduce around 10-12 products, including some from the international portfolio of its parent company. |
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| Cavin Kare eyeing more overseas markets | 13-MAY-09 |
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| Chennai-based fast moving consumer goods firm Cavin Kare Private Limited has planned to double its exports this year by reaching out to new overseas markets like the US and Australia, a top company official said. |
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| Crisil downgrades Rohit Surfactants short-term debt | 17-APR-09 |
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| Crisil, a leading ratings, research, risk and policy advisory company has downgraded its rating on Rohit Surfactants (RSPL), manufacturers of Ghari brand and Red Chief leather items's short-term bank facilities to ‘P1’ from ‘P1+’. |
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| P&G, CRY launch Shiksha campaign | 15-APR-09 |
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| P&G and CRY jointly launched Shiksha, a project which focuses on providing free and quality education to children, in Andhra Pradesh on Tuesday. All a consumer needs to do to participate in the campaign is buy any P&G’s products including large packs of Tide, Ariel, Pantene, Rejoice, Vicks Vaporub, Whisper and Gillette Mach 3 Turbo or Papers during April, May and June and lead a child to the path of education, according to a press release. |
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| Parle Agro launches Grappo Fizz | 08-APR-09 |
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| Following the launch of nimbu-paani based drink LMN earlier this year, Parle Agro has now launched ‘Grappo Fizz’ adding to its beverages portfolio which includes Frooti, Appy, Appy Fizz and Saint juice. |
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| Ozone Ayurvedic to expand range | 25-MAR-09 |
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| Ozone Ayurvedics, the FMCG arm of Ozone group of companies, is eyeing a turnover of Rs 200 crore next fiscal, up from Rs 120 crore right now, on the back of new tailor-made skincare products and marketing thrust. |
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