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Consumer Goods

Retail tomato prices drop 22% after October surge as supply strengthens

Retail tomato prices drop 22% after October surge as supply strengthens

Mon, Nov 18, 2024

Retail tomato prices declined 22.4 per cent month-on-month on improved supplies across the country, the Consumer Affairs Ministry said on Sunday. The all-India average retail price of tomatoes stood at Rs 52.35 per kg on November 14, down from Rs 67.50 per kg on October 14, according to an official statement.

New trend of sales of FMCG companies

New trend of sales of FMCG companies

Wed, Sep 25, 2024

Quick commerce gives power to FMCG, new trend of sales of FMCG companies, emphasis on online shopping for food and drinks, which FMCG companies benefit?, know complete details.

Silver Consumer Electricals Private Limited poised for exponential growth, valued at enterprise value of Rs 3,600 crore

Silver Consumer Electricals Private Limited poised for exponential growth, valued at enterprise value of Rs 3,600 crore

Thu, Jul 04, 2024

Silver Consumer Electricals Private Limited, a beacon of innovation and excellence in the consumer electricals industry, embarks on a new chapter of success and expansion. Under the dynamic leadership of Vinit Bediya, the Managing Director, Silver has achieved remarkable ten-fold growth in the last five years. Vinit has fostered an ownership-driven work culture anchored in strong values and corporate governance standards.

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HUL Distributors Unhappy with Margins, Seek Resolution for Grievances

HUL Distributors Unhappy with Margins, Seek Resolution for Grievances

Fri, Jan 12, 2024

Why are HUL distributors angry? What is the demand of distributors on margin? See complete details in this video

Q2 results preview: Consumer goods makers likely to clock single-digit revenue growth; here’s what else to expect

Q2 results preview: Consumer goods makers likely to clock single-digit revenue growth; here’s what else to expect

Fri, Oct 13, 2023

Consumer goods sector Q2 preview: Sticky food inflation, uneven rains in North India, and a delayed festival season due to ‘Adhik-mass’, are among the reasons that led to softer demand in rural markets and curtailed Q2 revenue of the consumer goods space.

Dalal Street Voice: Money making opportunities available in domestic cyclical sectors as well as IT & pharma: Prasun Gajri of HDFC Life

Dalal Street Voice: Money making opportunities available in domestic cyclical sectors as well as IT & pharma: Prasun Gajri of HDFC Life

Tue, Mar 22, 2022

Gajri said that domestic cyclical sectors like Financial Services and Industrial Manufacturing and Export sectors like IT and Pharma provide good entry point from a medium to long term perspective.

Vijay Mallya arrested in London in money laundering case; secures bail immediately

Vijay Mallya arrested in London in money laundering case; secures bail immediately

Tue, Oct 03, 2017

Liquor baron Vijay Mallya has been arrested in London for the second time this year in a money laundering case, a Doordarshan report claimed on Tuesday. However, he secured a bail immediately after. In April 2017, Mallya was arrested as per India’s expedition request.

Retail companies in India are clueless on how to pass GST's input tax credit benefits to customers

Retail companies in India are clueless on how to pass GST's input tax credit benefits to customers

Thu, Aug 24, 2017

Indian retail CFOs have raised concerns over various issues under GST regime. One of them being input tax credit.

Aditya Birla Fashion acquires American Eagle's selling rights; shares end 5% up

Aditya Birla Fashion acquires American Eagle's selling rights; shares end 5% up

Wed, Aug 16, 2017

Aditya Birla Fashion and Retail Ltd will sell American Eagle Outfitters and Aerie brands next year.

'Retailers, consumer goods cos may unlock $2.95 trillion in 10 years'

'Retailers, consumer goods cos may unlock $2.95 trillion in 10 years'

Fri, Aug 04, 2017

Retailers and consumer goods companies could unlock USD 2.95 trillion in value for the industry and consumers over the next decade by accelerating digital transformation, says a report by Accenture Strategy.

Hindustan Unilever Q1FY18 preview: GST disrupted profits?

Hindustan Unilever Q1FY18 preview: GST disrupted profits?

Tue, Jul 18, 2017

FMCG major Hindustan Unilever is set to announce its financial result for the quarter ended on June 30, 2017.

Cigarette makers drop as GST Council hikes cess; ITC biggest loser

Cigarette makers drop as GST Council hikes cess; ITC biggest loser

Tue, Jul 18, 2017

The Goods and Services Tax (GST) Council on Monday raised cess rates on cigarettes which will help the government earn Rs 5,000 crore more. Companies that make cigarettes dropped as investors rushed to sell shares.

Reckitt Benckiser denies Oxfam claims of avoiding millions in taxes

Reckitt Benckiser denies Oxfam claims of avoiding millions in taxes

Thu, Jul 13, 2017

British consumer goods giant Reckitt Benckiser Group said on Wednesday its tax structure and practices were in line with other global businesses, denying allegations of tax avoidance in developing countries, after charity group Oxfam levelled charges against it.

GST impact: FMCG PAT, revenues to slow down over 2% in Q1FY18

GST impact: FMCG PAT, revenues to slow down over 2% in Q1FY18

Tue, Jul 11, 2017

Result preview of fast moving consumer goods (FMCG) in the first quarter of FY18 will be impacted by the after effects of GST rollout.

Samsung Electronics says second-quarter operating profit likely rose 72% year-on-year

Samsung Electronics says second-quarter operating profit likely rose 72% year-on-year

Fri, Jul 07, 2017

Samsung Electronics Co Ltd on Friday said its second-quarter operating profit likely rose 72 % from a year earlier to a new record, beating analyst estimates, as strong memory chip prices helped widen margins.

Reflect price revision post GST via stickers till September 30: Govt

Reflect price revision post GST via stickers till September 30: Govt

Wed, Jul 05, 2017

The difference between the retail sale price originally printed on the package and the revised price "shall not, in any case, be higher than the extent of increase in tax" or in the case of imposition of fresh tax on account of the implementation of the GST, it said

From apparels to automobiles, companies offer huge discounts to clear pre-GST stock

From apparels to automobiles, companies offer huge discounts to clear pre-GST stock

Fri, Jun 16, 2017

Companies such as Woodland, Levi's and other apparel companies to automobile companies including passenger cars and two-wheeler firms are offering pre-GST discounts.

GST will not hurt second quarter sales, retailers say

GST will not hurt second quarter sales, retailers say

Thu, Jun 15, 2017

At the ReTech Conclave hosted by Retailers Association of India on Wednesday, where the retailers gathered anticipated little or no change in sales figures post GST implementation. Key Highlights

Nestle, PepsiCo & other 8 companies control everything you buy

Nestle, PepsiCo & other 8 companies control everything you buy

Mon, Jun 12, 2017

There are 10 companies like Nestle, PepsiCo, Coca-Cola, Unilever, Danone, General Mills, among others that control majority of what you buy from food and beverage brand.

Beauty, personal care market to touch $10 billion by 2021: IBHA

Beauty, personal care market to touch $10 billion by 2021: IBHA

Sun, Jun 11, 2017

Beauty and personal care (BPC) market in the country is expected to touch USD 10 billion by 2021 growing at an annual rate of 5-6 per cent on the back of evolving consumer awareness and aspirations, according to a report by IBHA.

India leads the growth in consumer sentiment around the world

India leads the growth in consumer sentiment around the world

Wed, May 31, 2017

One of the reasons for the consumer sentiment and the purchase of premium products is the e-commerce boom in India.

Hindustan Unilever's Q4 net profit rises by 7% to Rs 1,183 crore

Hindustan Unilever's Q4 net profit rises by 7% to Rs 1,183 crore

Wed, May 17, 2017

For the full financial year, the company's domestic business grew by 4% with 1% underlying volume growth and EBITDA margin expanded by 38 basis points.

Hindustan Unilever Q4 preview: Will demonetisation continue to impact margins?

Hindustan Unilever Q4 preview: Will demonetisation continue to impact margins?

Wed, May 17, 2017

In the previous quarter, HUL's Q3FY17 net profit was up by just 7% to Rs 1,038 crore as against Rs 971.6 crore in Q3FY16.

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