FMCG
Reduction in raw material prices to help steel players
Slow demand has also led to an increase in the inventory of semis products.
Banking, FMCG to benefit from corp tax cut; pharma, IT to remain untouched: Report
The immediate benefit is increased cash flows to corporate India.
Consumers to spend less this festive season: Survey
Only 6 per cent will buy jewellery and even lesser 3 per cent will spend on property.
FMCG firms tweak prices to combat slowing consumption
Market leader Hindustan Unilever (HUL) has cut the prices of soaps but has raised face wash prices.
Parle may lay-off 10,000 as GST, slowdown hurt
According to him, the crisis started with the introduction of GST and became acute with the current slowdown.
Nestle’s lower rural biz comes to its rescue
The FMCG major reported a net sales growth of 11.35 per cent and increase of 10.83 per cent in net profit in the second quarter ended June 2019.
Modi reviews state of economy with Sitharaman, FinMin officials
There are expectations that the government would come out with sector-specific stimulus sometime soon.
Underlying trend stays subdued
The upper area of 11625-650 levels is going to be a strong overhead resistance for the market ahead.
ITC to get into new FMCG goods
The segment’s Ebitda at Rs 688 crore in the last fiscal year, rose by 51 per cent year-on-year.
Looking for acquisitions, to foray into new FMCG categories: ITC's Sanjiv Puri
The company is seeking to be an engine of growth for Indian economy through a vibrant portfolio of future-ready businesses.