The Delhi High Court on Friday stayed an FSSAI directive prohibiting Dabur India from selling food products such as honey, cow ghee, and edible oils with "100 per cent" claims. Justice Amit Mahajan observed that Dabur was selling the products for decades and has made out a prima facie case for relief at this stage as the FSSAI order was passed without giving it any hearing. "The court is prima facie of the opinion that the prohibitory order ought not to have been passed without giving an opportunity of hearing. Till the next date of hearing, the impugned order is stayed," said the judge, as it listed the case for hearing after two weeks. Dabur's senior counsel argued that the FSSAI order was passed in violation of principles of natural justice, in absence of any show cause notice or hearing. The Central government standing counsel defended the order, stating that Dabur was earlier given "improvement notices" and advisories, and that its "100 per cent" claim on food products was ...
Food regulator FSSAI has prohibited Dabur India from selling many products such as honey, cow ghee, and edible oils using '100 per cent' claims, saying that such labelling is against the law. In a social media post on Monday, Food Safety and Standards Authority of India (FSSAI) informed that it has issued a prohibition order to Dabur India Ltd over the sales of food products carrying misleading '100 per cent' claims, including honey, apple cider vinegar, virgin coconut oil, sesame oil, cow ghee, coconut water, coconut milk and other such items. Giving details about the violations, the FSSAI said that "food products being sold on the company's website were found carrying misleading '100%' claims such as '100% Natural', '100% Pure', '100% Purity Guaranteed', '100% Organic' and '100% Tender Coconut Water'." The regulator asserted that the use of the 100 per cent claims is in contravention of the FSS (Advertising & Claims) Regulations, 2018, as they are ambiguous, unverifiable and ...
In the past one month, the FMCG index has underperformed the market, by falling 5 per cent, as against 2.3 per cent decline in Nifty 50.
As a strategy, Gaurang Shah, head investment strategist at Geojit Investments remains selectively bullish on the FMCG stocks on the back of a likely improvement in semi-urban and rural demand.
The company said in a statement that it expects second quarter revenue to grow in mid-single digits, with operating profit to grow at a similar pace
Rural markets continued to outperform urban for the fifth quarter; Dabur's sales rose despite weather-hit summer portfolio and modest urban recovery
Here's why FMCG stocks are in demand today: In the April-June quarter (Q1FY26), FMCG sector witnessed a sequential recovery in demand with an uptick in volume growth particularly in urban markets.
Homegrown FMCG major Dabur India will exit categories such as tea, adult and baby diapers, and sanitising products as part of rationalisation of its underperforming products, said CEO Mohit Malhotra. The company, aiming "to achieve sustainable double-digit CAGR by FY28 in both topline and bottomline" has renewed its strategy focus, building on its core strengths, he added. Dabur is going for "rationalisation of underperforming products and SKUS in order to release capital for bigger bets. A few examples of these are Vedic tea, adult & baby diapers and Dabur Vita," said Malhotra during the investors' call. These segments contribute less than 1 per cent to Dabur's revenue, which stood at Rs 13,113.19 crore in FY25. "So we will get out of these categories and focus on big, bold equities which we have identified, and the core portfolio is where we will invest," said Malhotra. Dabur, as per its new vision strategy, would continue to invest in core brands, would focus on premiumisation
The upcoming Union Budget is the near-term catalyst, where central government actions to revive consumption cycle would be key.
About 70.8% of public shareholders voted against the increase, a filing showed
The maker of Real fruit juices and Hajmola candy saw its rural business outpacing urban in the last quarter on the back of a growing distribution system in the rural areas
With reduced prices for most of its commodities, Dabur India expects to see expansion in gross margins in the current fiscal; the FMGC major has made an entry into the spices category
" The purpose of doing this transaction is to raise funds for financing some ventures in the private hands of the Burman family," the exchange filing said
Looks to get aggressive in segment dominated by Hindustan Unilever and Tata Tea
The firm has secured 51 acres of land and begun construction work for the initial phase, which is to be completed within the current financial year
As per weekly option data, handful of put writing on lower strikes ranging from 8,800 to 9,200 is seen which shows Nifty would witness firm support in sub 9,000 zone
Family picks up 3.34% in India's largest battery maker with latest move, may consider further investments depending on how the company performs
The economic slowdown and uncertain environment have led investors to put their faith in quality and size.