Page 27 - Fmcg

FMCG sector to shrink 1-3% in 2020, says Nielsen in third review in a year

Headwinds such as commodity inflation outweigh positives. Downgrade comes amid positive growth reported by sector in Q3, which is expected to continue into Q4

FMCG industry sees signs of recovery in September quarter: Nielsen

Rural areas continued to drive growth for the FMCG sector.

ITC launches 70 products in non-cigarettes FMCG space, beats previous high

The 70 launches were made in the first half of the financial year alone and were mostly focused on hygiene, health & wellness, naturals and convenience

ITC Q2 preview: Revenue from hotels biz may fall over 90%; FMCG to do well

Key monitorables include cigarette volume growth, outlook on hotel, and paper businesses.

We have an opportunity to replace China as global AC exporter: Blue Star MD

Blue Star's Managing Director B Thiagarajan spoke to T E Narasimhan on how sales are expected to touch pre-Covid-19 levels during festival time and there are chances it may increase by 10 per cent

Pharma, FMCG push hiring activity in India by 24% in September: Naukri.com

Driven by industries like pharma, fast-moving consumer goods, education and IT, hiring activity in India saw a growth of 24% in September compared to the previous month

Analysts expect muted YoY performance in Q2FY21 from India Inc

As regards the financial sector, analysts at Credit Suisse expect the management commentary on asset quality to turn more positive given a recent pick-up in collections

Top headlines: Tata invests Rs 300 cr in AirAsia; RBI MPC decision today

From Tata investing Rs 300 cr in crisis-hit AirAsia to FMCG sector upbeat on Q2 results, here are top headlines this morning

Marico logs volume growth, notices revival in consumer demand in Sept qtr

FMCG major Marico on Monday said it has witnessed a partial revival in the consumer sentiment in the second quarter of the current fiscal after being impacted by the Covid-19 pandemic

This IITian and ex-Infy techie is creating India's first kiddie dairy brand

Gaurav Haran's firm has launched its Nutrinos brand of yoghurt in three flavours, and will soon be coming out with cheese-based snacks and flavoured milk as well

Market may be due for both price and time-wise corrections: Jigar Shah

The current rally has an implied assumption that interest rates will remain permanently negative and inflation 'pick up, but this is quite unlikely

Buying Tata products on super app to fetch benefits, says MD Sunil D'Souza

Sunil D'Souza tells Pavan Lall that the company, with market cap of Rs 51,000 crore, will use a bolt-on engine to reach 'deep rural' markets and sell its products on Tata Group's new 'Super App'

Britannia Industries to invest Rs 300 crore in UP plant, says govt

Project expected to create jobs for 1,500 people; company seeks tax sops from govt

Awash in red

Covid-19 has deeply impacted corporate earnings

FMCG: Despite better Q2 volume outlook, investors should tone down hopes

Down-trading and Covid impact on rural demand are downside risks

BigBasket bets on in-house segments, plans to expand private label cart

Company plans Rs 200 cr investment to strengthen in-house offerings

Vikas Multicorp enters food protection and personal hygiene segment

Specialty chemicals firm Vikas Multicorp said it will enter the food protection and personal hygiene segment of the FMCG industry with an investment of approximately Rs 100 crore in two years

With rally in Tata Consumer Products' stock, all eyes on execution

Street bets on strong demand for branded staple products, aggressive distribution expansion and new CEO's focus on underpenetrated categories

Small firms losing market to big FMCG brands as buyers go for trusted names

Normalcy in operations, push into rural areas aid growth

Household FMCG consumption in Apr-June highest in two years: Report

Personal care segment witnessed a double-digit growth of 11.1%, while household care, which consists of products like detergents and surface cleaners, logged 4.6% growth