FMCG | The Asian Age

Wednesday, Apr 24, 2024 | Last Update : 10:10 PM IST

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Number of warehouses for consumer durables company has could reduce to 10-12 from a typical 25-30 and to 30-35 from 45-50 for FMCG companies.

Warehousing cost for FMCG, white goods to dip 25-50 per cent: report

NCR is expected to see maximum warehousing consolidation as the distance between states is only 250-300 km.

21 Dec 2017 5:58 PM

Few large retail outlets have already started advertising the downward revised prices of FMCG items.

FMCG companies told to pass on GST benefits

A large number of items have also witnessed a reduction in GST rates from 18 per cent to 12 per cent, 12 per cent to 5 per cent and so on.

21 Nov 2017 1:15 AM

The rural FMCG market in India is expected to grow at a CAGR of 14.6 per cent, and reach USD 220 billion by 2025. (Photo: Pixabay)

Indian retail market expected to reach $1 trillion by 2020

Retail and FMCG markets in India are exponentially growing and are expected to grow at 20 per cent and 21 per cent.

16 Nov 2017 9:31 AM

Company had reduced 5 per cent in hair oils and 3-4 per cent in saffola oils post GST rollout in July. (Representational Image)

FMCG cos hail tax reduction, say will pass benefits to consumer

As many as 178 items of daily use were shifted from the top tax bracket of 28 per cent to 18 per cent.

11 Nov 2017 11:16 AM

Baba Ramdev recently announced Patanjali would be venturing into dairy products business soon. (Photo: PTI)

Patanjali ropes in investment banks to raise Rs 1,000 cr funds

FMCG major had recently announced it will soon venture into dairy products and apparel business.

22 Sep 2017 12:43 PM

Maruti Suzuki India and Infosys suffered losses in their market capitalisation (m-cap) for the week ended Thursday. (Photo: PTI)

Six of top-10 most valued cos lose Rs 13,799 crore in m-cap

From the top-10 list HUL's valuation slumped Rs 4,491.26 crore to Rs 2,55,179.55 crore.

27 Aug 2017 11:37 AM

Britannia is a major player in country's FMCG sector. (Photo: File)

Britannia aims to increase distribution footprint post-GST

FMCG major says it witnessed de-stocking in trade channels due to migration to GST.

14 Aug 2017 12:04 PM

Snapdeal on Tuesday witnessed exit from many senior members from technology, product and engineering division.

Snapdeal exit saga continues as two more senior executives resign

Snapdeal revealed that it is facilitating a major layoff in the company.

05 Aug 2017 12:19 PM

Hindustan Unilever Limited or HUL is a fast moving consumer goods company.

HUL cut prices of detergents, soaps to pass on GST benefits

Fast moving consumer goods company expects price cuts undertaken by it will drive sales.

29 Jul 2017 11:57 AM

Ramdev’s Parakram Suraksha Private Limited will offer private security services to institutes, centres, corporate offices, individuals, shopping malls, etc.

After Patanjali, Ramdev starts own private security firm

Baba Ramdev ventured into India's Rs 40,000 crore private security business with his Ramdev’s Parakram Suraksha Private Limited.

13 Jul 2017 3:04 PM

Colgate-Palmolive cuts toothpaste, toothbrush prices

The revised prices are effective for all shipments from July 1 due to GST rollout.

08 Jul 2017 5:40 PM

FMCG sector is passing on GST benefits to consumers by decreasing prices or by increasing weightage of products under the same price bracket (Representational Image).

FMCG cos to extend tax benefits to customers, slash prices

FMCG sector in India is trying to pass on GST benefits to consumers as most FMCG products have been placed under 18 per cent slab.

04 Jul 2017 10:17 AM

Government focus on ensuring that the reduced tax rates are passed on to the consumers will ensure uptick in consumption.

GST: FMCG cos expect dip in inventory levels, normalcy in Q2

Under the GST regime, except for homecare products and shampoos, which now attract 28 per cent GST tax.

25 Jun 2017 4:21 PM

Indians should not take a hasty decision based on the recent happenings. Over the years, Qatar economy has been resilient. (Photo: AP/Representational)

Qatar's is a passing cloud

Qatar has been an attractive destination for job-seekers.

22 Jun 2017 12:41 AM

Retailers also expressed concern about 5 per cent tax levied on packaged goods that causes a discrepancy as loosely sold commodities are not taxed.

Top retailers meet to discuss pricing, margin issues post-GST

All retailers are in talks individually with FMCG companies to ensure that their margins are retained.

13 Jun 2017 4:57 PM

CAIT sought reduction in the tax rates on malt based drinks like Horlicks, Boost, Bournvita, Complian and Amul Pro from current 28 per cent to 12 per cent.

CAIT demands review of GST rates for auto spares, FMCG

CAIT said a higher rate of taxation will trigger a price rise resulting in reduced sales and inevitable layoffs.

03 Jun 2017 1:38 PM

Sensex rises to 184 points in late morning trade

The market scaled a fresh lifetime high of 30,712 on sustained buying in FMCG, realty, telecom, power and metal counters.

19 May 2017 12:15 PM

Colgate-Palmolive India reports marginal decline in net profit

The company's net profit declined at Rs 142.58 crore for the fourth quarter ended March 31, 2017.

15 May 2017 4:05 PM

Patanjali targets 10-fold jump in sales in next five years.

We are targeting to achieve a turnover of Rs 1 lakh crore in the next five years said Ramdev at a press conference on Wednesday.

11 May 2017 9:00 AM

Kareena Kapoor to be new face of Dabur Amla hair oil

Dabur Amla hair oil, a Rs 850 crore brand, is one of the largest in Dabur India's portfolio.

09 May 2017 12:27 PM

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Sanjeev Ahluwalia