Page 7 - Fmcg

India among largest growth contributors in 2020: Reckitt Benckiser

The British fast moving consumer goods giant today reported 11.8 percent topline growth for the year

ITC adjusted profit falls 3.7% to Rs 3,662 crore, declares interim dividend

Revenues from operations was up by 6 per cent to Rs 14,124.48 crore from Rs 13,307.54 crore in the year ago period

India a phenomenal market for Unilever, second only to US: Alan Jope

Outlines blueprint for future growth; India, China and US are key

We may consider acquisitions in South East Asia: Marico head Saugata Gupta

In an Q&A, Saugata Gupta, Marico's managing director and CEO, hails the Budget and lays out the company's road map for the future

Turnaround time

Early trends in corporate earnings hold out hope

Mutual Funds prune BFSI and FMCG exposure in December, shows data

In December, MFs sold equities worth about Rs 37,000 crore, while FPIs bought Rs 50,000 crore worth of equities in the secondary market

Flows from FPIs favour banks, financials and FMCGs in CY20, shows data

FPI flows from April last year show they have been betting on a revival in consumer demand to drive economic growth, revealed an analysis by Edelweiss Securities

Unilever to seek shareholder approval for its climate change plans

The company also plans to report on its progress against the plan annually starting 2022

BS READS: Baba in jail, business gone for a toss - the curious case of Ram Rahim

Revenues of his movie business have dropped to zero, while his FMCG business, which was touted as a rival to Patanjali, is on the brink of extinction

Dabur, Marico hit out against each other at ASCI over claims on honey

Two leading homegrown rival FMCG brands Dabur and Marico are in an open spat with each other over claims regarding their honey brands and have taken the matter to advertising regulator ASCI. Dabur on Sunday said it is filing a complaint against rival Marico before the Advertising Standards Council of India (ASCI) for claiming its Saffola Honey sample being passed through the NMR test. The Noida-based company claimed Marico's Saffola honey has failed the NMR (Nuclear Magnetic Resonance) test and is misleading the consumers. "Dabur is filing a complaint in ASCI against Marico as their Saffola Honey sample from the market has failed the NMR test. Test reports clearly indicate the presence of sugar syrup in Saffola honey. Their claim on NMR test is misleading the consumers," Dabur claimed in a statement. However, Dabur's claim was refuted by Marico contending that Saffola Honey is also compliant with each of the quality parameters mandated by FSSAI". Earlier, Marico had filed a compla

The earnings push

India Inc shows patchy but encouraging recovery

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