Page 28 - Fmcgs

NAA fines three P&G subsidiaries Rs 241 cr for profiteering on GST rate cut

Companies accused of not passing on benefit of lower rates to consumer by increasing prices on intervening night of November 14 and 15 from when GST rate reduction was notified

FMCGs, retailers continue to forge direct consumer link as lockdown eases

Retailers continue to innovate on last-mile delivery; FMCGs focus on digital channel

Britannia Q2 profit rises 23% to Rs 495 cr; rebenue up 12% to Rs 3,419 cr

Total expenses were at Rs 2,822.02 crore, up 7.80 per cent from Rs 2,617.64 crore earlier

FMCGs shore up trade margins, consumer promotions ahead of festive season

Margins not impacted significantly even as firms offer everything from price-offs and grammage increase to buy-one-get-one free schemes, combo packs

High Kharif output, MSP hikes to give farmers extra Rs 50k cr: CARE Ratings

Kharif crops account for nearly 9 per cent of the total gross value added and contribute nearly 60 per cent of value addition of the agriculture and allied activities sector

IBM's AI push helps consumer goods firms go digital, tide over Covid-19

The Covid-19 pandemic has spurred consumer goods firms to work with Big Blue to drive their digital transformation efforts, write Peerzada Abrar and Sai Ishwar

No global offers, but highest domestic pay up 35% in IIM-A's PGPX placement

Attracts domestic maximum earning potential (MEP) of Rs 81 lakh as against Rs 60 lakh last year

Consumer behaviour changing, essentials overtaking luxury items: Nestle

Like others, Nestle has also witnessed a rise in its in-home indulgence' segment of products and introduced new products under MAGGI- Cooking Made Simple' service

FMCG shows highest discrepancy in background check during Apr-Jun: Report

The FMCG sector has witnessed the highest discrepancies in information provided by job aspirants during background checks in the April-June quarter, according to a report.

Marking out the markets as coronavirus makes economic recovery uncertain

While coronavirus cases keep rising in India, there could be more lockdowns to contain the coronavirus as the economy sputters back to life. Devangshu Datta predicts where the markets could be headed

Investors no longer smiling as Colgate's market share worries weigh

Rise in competitive intensity could make share gains difficult

Nestle profit before tax marginally dips to Rs 652 crore, revenue up 1.7%

While revenue for the quarter rose, it was sluggish at Rs 3,050 crore versus Rs 3,000 crore reported a year ago

Top headlines: Mistry family in talks for funds, Google ups lending biz

Economic Affairs Secretary Tarun Bajaj says he is certain that a V-shaped economic recovery will take a year.

India's stock market is barometer of economic concentration: Shankar Sharma

It is not all gloom and doom. The rural economy has held up quite well and we should start appreciating it even more, says Sharma in an interview with Puneet Wadhwa

Britannia to pump in Rs 700 crore in 2.5 years, says MD Varun Berry

The domestic biscuits market is estimated to have grown between 15-17 per cent in Q1, led by in-home consumption in urban areas and migrants making their way back to the countryside.

Rossari Biotech IPO subscribed 79.4 times, generates bids worth Rs 27K cr

Rossari is the first IPO to hit the domestic markets since a national lockdown was declared in early-March.

FMCG hits the road to recovery on rural uptick, focus on essentials

Local lockdowns in several cities remain a concern, but impact would be limited, say analysts

July data indicates consumption may be stagnating amid Covid-19 crisis

Analysts have cut earnings estimates more sharply for consumption-oriented companies, even as many other indicators show signs of stagnation.

Television, digital ads grow at 40% and 60% of pre-Covid levels: Experts

Media industry experts and agency heads point to a revival in TV and digital advertising in June, as big spenders such as FMCG, automobiles, and e-commerce get operations back to pre-Covid-19 levels

FMCG: After decade-low volume show in Q4, June qtr to see further pain

Q4 was weaker than demonetisation and GST times; Q1 could witness even more pain