Page 11 - Fmcg

Tussle between traders, FMCG firms worsens over differential pricing

Federation of All India Distributors Association steps in to lend support

BFSI, FMCG, tech sectors remain resilient to layoffs: Experts

Top banks like HDFC Bank and Axis Bank are slated to add around 10,000 jobs in the next 9 to 12 months

FMCG firms dig deep in the hinterland to spur sagging rural demand

The rural market, which accounts for 36 per cent of India's FMCG market by sales, contributed 60 per cent to the slowdown

Despite consumption slowdown, packaged food sector grows 14.4%: IIP data

Branded packaged food market expanded 17.6% in calendar year 2018 to cross the Rs 5-trillion-mark for the first time

The rise of the 'mini' consumer

Growth has been driven by women like Krishna and Suchitra who prefer single-serve sachets and perceive them to be affordable

CavinKare enters sweets-and-snacks retailing with first outlet in Chennai

Firm plans to expand to 500 stores mostly in Tamil Nadu and Maharashtra; pilot store set up in Thane

FMCG rural growth hits 7-year low; poor consumption pulls down retail sales

North India, the largest market for FMCG, saw volume growth falling to 1 per cent from 17 per cent as the FMCG volume shrank by 2 per cent the villages

Top 10 biz headlines: FMCG slowdown, Air India stake sale, and more

From FMCG sector experiencing slowdown to Air India stake sale, here are the top 10 business headlines on Wednesday

FMCG slowdown gets worse in Q2 as consumer sentiment remains tepid

Sector analysts admit the going will be tough for companies in Q2, an admission that some firms have already made in their recent quarterly updates

Rural India's e-Governance wing targets FMCG sales of Rs 100 crore

This would be a ten-fold growth over the last financial year, when CSCs had logged total sales worth Rs 10 crore

Little hope of volume recovery in second quarter from pricey FMCG firms

Analysts estimate low single-digit volume growth, the lowest since June 2017 quarter; companies will need to clock double-digit volume growth in second half to touch FY19 levels

Near-term investor sentiment may not be high on Marico's slow Q2 growth

While the company may lower its FY20 volume growth guidance amid muted offtake in September quarter, benign copra prices should push up profit margins

Corporate tax cut likely to help demand, make consumer goods cheaper

FMCG sector experts said consumer goods will be one of the biggest beneficiaries of the tax cut

Monsoon season and cash handouts keep BNP Paribas bullish on FMCGs

Sales of staples will recover in the second half of the fiscal year that began April 1, as farm-support measures and above-average rain lift rural incomes, the brokerage said in a report

Top 10 biz headlines: GST rate cut for Auto sector, Hyundai sales, and more

From Eveready's plan to sell battery business to Air India posting operational losses, here are the top business headlines for Monday

ITC standing out in a cluttered FMCG market with focus on quality

ITC has made steady progress in the FMCG space with relentless focus on quality and product differentiation

Britannia back on investors' radar after sharp correction in past 3 months

Improving demand for cookies, intact structural growth story and attractive valuation augur well for the stock

Top 10 biz headlines: RBI helps govt on fiscal deficit, IndiGo AGM & more

From RBI's surplus transfer helping the govt contain fiscal deficit at 3% of GDP in 2019-20 to India's leading PSUs facing financial headwinds, here are the top business headlines for Tuesday

Smartphones beat slowdown as sales up 10%; Xiaomi tops Indian market

According to analysts, one of the key factors that differentiates smartphones from other products is their expose to the e-commerce market

Home, vehicle loans and consumption goods to get cheaper: FM Sitharaman

Addressing the media here, Finance Minister Nirmala Sitharaman also said that banks will pass on RBI rate cut benefits to borrowers through MCLR reduction