On Monday, the company announced it was buying VWash, an intimate hygiene brand from Glenmark Pharmaceuticals
With all non-essential stores shuttered and e-commerce firms postponing deliveries of such items, sales have come to a halt
Workforce is down to 25 per cent in many units. Some are even thinner at 15 per cent attendance only
According to experts, discretionary businesses like food services and jewellery continue to have a greater presence in urban areas versus rural areas, where consumption slowdown has been pronounced.
The inclusion of consumer stocks comes at a time when valuations in the space have reached record levels
The firm is strong in industrial adhesives, providing solutions to sectors such as automotive, metals, packaging and aerospace
Terming it as "incremental budget", Dabur India CEO Mohit Malhotra said the government continues to focus on farmers' income and is offering significant sops at the lower end of the spectrum
The recovery in growth for the fast moving consumer goods (FMCG) sector will begin playing out from March-April 2020 riding on a jump in farm incomes, Crisil Ratings said in its report
Shedding the tag of being a slow mover, in the past three years Nestle has followed an aggressive launch strategy
He says corporation tax cut is a big exercise. It will take some time for the people to start mobilising the money and setting up factories
The last of a two-part series looks at how commodity price inflation is prompting firms to increase prices
Delayed winter, disruption in traditional trade channel, weak rural demand led to low product offtake
FMCG suffered on two counts -- poor consumer sentiment brought on by macroeconomic headwinds and the continuing liquidity crisis arising out of faltering NBFCs
Unilever must take some of the blame for its own predicament. Its rival Nestle SA has managed steady sales growth, while pulling off some canny acquisitions and disposals
As per official data, as many as 42 consumer complaints were registered against various FMCG companies with many of them found to be not passing the benefits of lower tax rates
One set to be largest arm by FY27, the other slower in contrast
Despite the ongoing slowdown, the company has posted strong organic growth in the past couple of quarters
Strong box office collections, good growth in F&B sales and reasonable valuations point to healthy upsides despite sharp run up
India is expected to witness a marginal 7 per cent rise in job creation in the October-March period of this financial year, as subdued economic conditions have dampened employment outlook, a report said on Monday. According to TeamLease's bi-annual Employment Outlook Report for HY2 2019, economic reforms lifted the spirits for seven of the 19 sectors surveyed, while nine sectors reported a decrease in their outlook for October-March period of this fiscal. India will witness a 7.12 per cent increase in job creation in the current half year (October-March, 2019-20), it said. Positive hiring outlook was reported in sectors like healthcare & pharmaceuticals, information technology, e-commerce and tech start-ups, educational services, KPO, power and energy, and logistics. The sectors that are expected to witness decrease in hiring include manufacturing, engineering and infrastructure, construction and real estate, financial services, retail, BPO/ITeS, telecommunications, travel and ...
Consumer index underperformed the broader indices in November as investors looked at alternatives