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Fast Moving Consumer Goods (FMCG)

Indian Inc braces for revenue uncertainties in Q1 on slow govt spending, monsoon onset: Icra

Indian Inc braces for revenue uncertainties in Q1 on slow govt spending, monsoon onset: Icra

Mon, Jun 17, 2024

The sequential revenue growth will taper in the first quarter of the fiscal, the agency said in a note, adding that there was a 6.5 per cent growth in revenues in the March quarter compared to the preceding December quarter.

Rajasthan-based snack company Bikaji Foods International files for Rs 1000 cr IPO with SEBI

Rajasthan-based snack company Bikaji Foods International files for Rs 1000 cr IPO with SEBI

Wed, Feb 23, 2022

Bikaji Foods International has filed the Draft Red Herring Prospectus (DRHP) for an initial public offering (IPO) with the market regulator Sebi.

FMCG companies see customers pantry loading as COVID-19 cases spike; say ready with stocks

FMCG companies see customers pantry loading as COVID-19 cases spike; say ready with stocks

Mon, Jan 10, 2022

All precautions and stringent hygiene protocols remain in place both at ITC office premises and at factories, including masking at all times, sanitization, safe distancing and quarantining in case of travel or contact.

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Retail CFOs feel GST may complicate input tax credit return filing

Retail CFOs feel GST may complicate input tax credit return filing

Mon, Oct 17, 2016

Retailers Association of India’s retail CFO summit on Friday shined light on the changing market scenario in India, with various stakeholders deliberating on the changing role of the Chief Financial Officers (CFOs) as well.

Q2 Result Preview: FMCG sector may not see fast numbers

Q2 Result Preview: FMCG sector may not see fast numbers

Mon, Oct 10, 2016

Earnings seasons for the second quarter ended September 30, 2016 is upon us. Fast Moving Consumer Goods (FMCG) sector is likely to remain subdued report when compared against the the same period of last year.

Ruchi Soya jumps 8% MoU with Arunachal

Ruchi Soya jumps 8% MoU with Arunachal

Thu, Oct 06, 2016

Under the MOU, the company will promote and encourage development of oil palm in 25,000 hectares in zone IV comprising of 4 districts of the state namely - West Siang, East Kamang, Lower Subansri and Papumpare.

Manpasand Beverages QIP issue opened today

Manpasand Beverages QIP issue opened today

Tue, Sep 27, 2016

The issue of equity shares of the company is at face value of Rs 10 each for an aggregrate amount not exceeding Rs 500 crore including premium to the qualified insitutional buyers (QIP).

Digestive Biscuit dispute: Britannia files counter suit against ITC

Digestive Biscuit dispute: Britannia files counter suit against ITC

Thu, Sep 08, 2016

Britannia Industry in a statement said, "We have filed a counter suit against ITC for copying our colour combination in their packaging.

PepsiCo ends 11-year endorsement contract with MS Dhoni

PepsiCo ends 11-year endorsement contract with MS Dhoni

Mon, Aug 29, 2016

Dhoni was featured in the Forbes Magazine under the highest-paid athletes in the world list.

FSSAI sets limits of metalic containments in frozen veggies, jams

FSSAI sets limits of metalic containments in frozen veggies, jams

Sun, Aug 28, 2016

Food regulator FSSAI has proposed new standards for frozen vegetables and processed fruit products, including commonly used canned tomatoes, frozen peas and jams.

Digestive Biscuit dispute: ITC filed case against Britannia

Digestive Biscuit dispute: ITC filed case against Britannia

Fri, Aug 26, 2016

ITC's sunfeast farmlite digestive packaging claims 'No added sugar, maida' and that it contains 'fibre'. While Britannia's NutriChoice Digestive too has similar branding slogans which says '0 per cent added sugar, maida' and contains 'high fibre'. These two products are priced also at same price.

Digestive Biscuit dilemma: Britannia shares up by 3% while ITC trades flat

Digestive Biscuit dilemma: Britannia shares up by 3% while ITC trades flat

Wed, Aug 24, 2016

ITC's sunfeast farmlite digestive packaging claims 'No added sugar, maida' and that it contains 'fibre'. While Britannia's NutriChoice Digestive too has similar branding slogans which says '0 per cent added sugar, maida' and contains 'high fibre'. These two products are priced also at same price.

Unilever adds BlueAir in its Home care Business

Unilever adds BlueAir in its Home care Business

Wed, Aug 17, 2016

Nitin Paranipe, President of Unilever's Home care business said,"We are delighted to be adding BlueAir to our Home Care portfolio. The Blueair brand and products are widely known and represent exceptional quality and design, as well as superior capacity and performance. Blueair was founded on the belief that business should be a force for good in society and , which is shared by Unilever."

Hyderabad to get India’s first IKEA store; creating over 500 jobs

Hyderabad to get India’s first IKEA store; creating over 500 jobs

Thu, Aug 11, 2016

Swedish furniture maker, IKEA held a ground breaking ceremony in Hyderabad on Thursday which will be India’s first IKEA store. The company stated that the store is set to open in autumn of 2017.

Colgate Palmolive Q1 net profit rises by 8%

Colgate Palmolive Q1 net profit rises by 8%

Mon, Aug 08, 2016

Issam Bachaalani, Managing Directors at Colgate-Palmolive (India) said, “At Colgate, we are always striving to customize our innovations to meet the consumer’s needs. The stream of the innovations launched by the company during this quarter echo our sustained promise to growing the oral care category by building new segments base on consumer insights, our years of experience, advanced technology and progressive products.”

Marico Q1 net profit up 17% at Rs 268 crore

Marico Q1 net profit up 17% at Rs 268 crore

Fri, Aug 05, 2016

"The India business recorded a robust volume growth of 8 per cent while the International business posted a constant currency top line growth of 4 per cent (volume growth of 8 per cent). The value growth was lower owing to price reductions in the Parachute Rigids portfolio aggregating 18 per cent consequent to commodity price deflation," the company said.

Mallya's Kingfisher House auction fails, again

Mallya's Kingfisher House auction fails, again

Thu, Aug 04, 2016

Going once... going twice... But Mallya’s estate doesn’t seem to be going! A little over a month and the Kingfisher house put up for auction for the third time has no takers yet again.

Berger Paints net profit rises by 54% yoy in Q1FY17

Berger Paints net profit rises by 54% yoy in Q1FY17

Wed, Aug 03, 2016

It’s consolidated operating profit was around Rs 195.09 crore, also showing robust growth of 34.47% yoy and 25.05% qoq. It operating profit margin (OPM) stood at 15.65%, expanding by 277 basis points yoy and 196 basis points qoq.

Hindustan Unilever Q1FY17 net profit grows by 10% to Rs. 1,173 crore

Hindustan Unilever Q1FY17 net profit grows by 10% to Rs. 1,173 crore

Mon, Jul 18, 2016

HUL failed to meet the expectation by recording 4% growth compared to Zee Business estimates of 5-6%.

Move over Birizza, Domino's brings you BurgerPizza

Move over Birizza, Domino's brings you BurgerPizza

Thu, Jul 14, 2016

For those who can’t decide between a burger and a pizza can now avail Domino’s new combination of ‘BurgerPizza’ that starts at Rs 89.

What can you expect from sectors in June quarter earnings?

What can you expect from sectors in June quarter earnings?

Tue, Jul 12, 2016

Prasad Koparkar, Senior Director, CRISIL Research, “Urban domestic plays and some exportoriented sectors are expected to drive topline growth this time.

Why did ASCI pull up Patanjali's commercials?

Why did ASCI pull up Patanjali's commercials?

Sun, Jul 10, 2016

The Advertising Standards Council of India (ASCI) pulls up many companies every now and then for misleading and false advertising. Baba Ramdev’s Patanjali—one of the fastest growing company in the country—is now at the receiving end. The reasons may leave you perplexed.

Can India’s FMCG sector report good earnings anymore?

Can India’s FMCG sector report good earnings anymore?

Mon, Jul 04, 2016

Varun Lohchab, Manish Poddar and Premal Kamdar of Religare Institutional Research, in a report dated July 4, said, “Our industry interactions suggest that rural demand is tepid and even in the event of a good monsoon season, growth would have a lagged impact, possibly reflecting only in FY18. As against street expectations, we do not build in any meaningful growth in volumes for FY17.”

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