FMCG | The Asian Age

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The slow pace of revenue growth can be attributed to a broad-based slowdown in consumption, which has affected sectors such as automobiles and fast-moving consumer goods (FMCG).

Q1 revenue growth may hit 2-year low

Automobiles, one of the key sectors driven by consumption spending, continues to reel under a demand slowdown.

10 Jul 2019 3:02 AM

The broad market indices like the BSE Mid-Cap lost less, thereby outperforming the Sensex/Nifty. The market breadth was negative on the BSE. Sectorally, the top gainer was the BSE Power. The top losers were the BSE Auto, Telecom, Energy and FMCG indices.

Charts signal bounce possibility

The market sentiments were affected on the back of a rise in oil prices due to fresh tension in the Middle East.

22 Jun 2019 7:06 AM

The subdued government spending will continue in the June quarter of current fiscal as the elections lasted till the end of May.

FMCG volume growth to stay subdued this year

While some of the seasonal factors have reversed, the macro-economic conditions are yet to revive.

20 Jun 2019 1:44 AM

Hair care has become a buzzing space for India’s fast moving consumer goods (FMCG) companies.

FMCG firms vie for hair care biz

During the year, Dove became leading hair care brand, as its shampoo and conditioner ranges were relaunched with higher Keratin Actives.

14 Jun 2019 3:35 AM

The revenue growth in consumer-linked sectors was only 3.8 percent in the fourth quarter of FY19 on a year-on-year basis, down from 27.9 percent in the third quarter of FY19. (Photo: Representational)

India Inc revenue growth hits six-quarter low in Q4: Report

Commodity linked sectors revenue growth slowed to 12.4 percent in the January-March quarter of FY19.

13 Jun 2019 7:27 PM

The survey revealed that medium-sized businesses will see a huge jump of over 5 per cent while large businesses will witness a growth of 2 per cent.

Financial services to add 47,800 new jobs in April-Sept FY20

Despite the setbacks seen in NBFCs, the financial services sector has shown a positive outlook in terms of hiring.

13 Jun 2019 8:47 AM

Organisations thrive, when the communities they operate in thrive. (Photo: File)

FMCG steps up on World Oceans Day

On World Oceans Day, Nestlé India conducts cleanliness drive across locations in India.

08 Jun 2019 6:28 PM

"The proposed resolution approving the Scheme was passed by the requisite majority of the equity shareholders of the Company," said GSK Consumers in a BSE filing.

GSK Consumers Healthcare gets shareholders' approval for merger with HUL

The company has received 99.99 per cent votes in favour of the scheme of amalgamation among GSK Consumers Healthcare and HUL.

02 Jun 2019 5:32 PM

Sectors like fast moving consumer goods (FMCG), auto, consumer staples were the worst hit from sluggish rural demand and a general slowdown in consumption.

Earnings season disappoints again

Overall, the market was hoping for a 20 per cent growth in earnings but the results have come below expectation.

23 May 2019 2:53 AM

According to Nestle India Chairman and MD Suresh Narayanan, trend in agro commodities prices is clearly going upwards and would further exacerbate if the monsoon is not as good as predicted earlier.

FMCG growth, low food inflation to be hit by fall in monsoon: Nestle India

Nestle said decline in monsoon would not affect it as its rural sales account for only about 20-25 per cent of its total sales.

18 May 2019 10:38 AM

Analysts feel Tata will follow both organic and inorganic routes to expand its product portfolio with new categories.

New entity to push Tata’s FMCG ambitions forward

Tata Global Beverages currently reaches out to 110 million households.

17 May 2019 12:53 AM

After a volatile session Sensex closed at 37,462.99 down by 95.92 points or 0.26 per cent while the Nifty-50 closed at 11,278.90, down by 22.90 points or 0.20 per cent.

Downward corrective leg is likely to continue

Among the Sensex constituents only nine out of thirty stocks closed with gains.

11 May 2019 3:33 AM

First half of FY20 will see a net addition of 11.5 lakh jobs across sectors. However, H1 will see a slower growth of three per cent as the elections have affected the hiring sentiments.

Around 11.5 lakh jobs to be added in H1 FY20

In H1 last year, Teamlease Services had predicted a 4 per cent rise in net employment outlook, which has now softened to 3 per cent.

09 May 2019 3:15 AM

The BSE Consumer Discretionary Index fell 1.33 per cent while the BSE FMCG Index fell 0.23 per cent.

Consumer-facing stocks plunge

Another top loser in the fast moving consumer goods (FMCG) space was Marico, which fell 4.56 per cent.

07 May 2019 5:11 AM

On Friday, HUL, India’s largest listed consumer firm by sales, reported a slowdown in volume growth, in line with analysts’ estimates.

FMCG firms turn in weak Q4 numbers

The trend is evident across all FMCG companies that have released their fourth quarter results over the past few days.

04 May 2019 1:02 AM

The firm's total expense stood at Rs 1,974.73 crore, against Rs 2,016.65 crore, a drop of 2.07 per cent.

Godrej Consumer Products net profit rises 51.5 pc to Rs 935.24 cr in March quarter

The company had posted a consolidated net profit of Rs 617.19 crore in the corresponding period last fiscal, GCPL said in a BSE filing.

03 May 2019 3:37 PM

Indiabulls Housing, Yes Bank, BPCL, IndusInd Bank and IOC were top losers on the Nifty, while gainers were Bharti Airtel, Wipro, TCS, Tech Mahindra and Infosys.

Fear index hits 3-year high as oil surprises

Among the sectors except IT all other indices ended in red led by energy, bank, auto, metal, pharma, infra and FMCG.

23 Apr 2019 12:45 AM

Nielsen maintained that the FMCG industry growth outlook will be in the range of 11-12 per cent in 2019, almost 2 per cent lower than that in 2018.

FMCG growth to slow down at 11-12 per cent in 2019: Report

The industry is expected to grow at 12-13 pc during the April to June quarter of calendar year 2019, according to Nielsen.

17 Apr 2019 7:10 PM

"Respecting the feedback received and the commitment of the company to high standards of corporate governance including shareholder rights, approval of members shall be sought every 5 (five) years in compliance with the applicable laws and regulations,"informed Nestle India to the bourses in an addendum notice this week.

Nestle India plans to seek shareholders' nod every 5 yrs on royalty to parent firm

Nestle modified an ordinary resolution in a notice dated March 12, 2019 to its shareholders.

16 Apr 2019 4:08 PM

The major Sensex gainers were Tata Motors, Bharti Airtel, TCS, Bajaj Finance, PowerGrid, IndusInd Bank and State Bank of India. Selling was seen in Bajaj Auto, Sun Pharma, Vedanta, Tata Steel, HCL Tech and HDFC Bank. (Photo: File)

Positive momentum seen in market

The Sensex closed at 39,056 up 184.78 points or 0.48 per cent, while the Nifty ended 44 points higher at 11,713.

03 Apr 2019 12:03 AM

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Shobhaa De