FMCG firms mull 10% price hike to ease cost pressures

Makers such as HUL and Nestle have increased the prices of food products last week

FMCG giant Hindustan Unilever registers 5.7 per cent growth in consolidated net profit in Q1

The company had posted a net profit of Rs 1,795 crore in April-June quarter of the previous fiscal.

The market capitalisation of Reliance Industries Limited zoomed Rs 89,383.67 crore to Rs 7,72,883.49 crore, the most among the top-10 firms

The trouble is that India has never really known how to address poverty by delivering quality education to the poor.

Net sales during the quarter under review stood at Rs 8,199 crore as against Rs 8,335 crore in the year-ago period.

This episode comes days after HUL and Reckitt Benckiser (RB) dragged Patanjali to the court over 'disparaging' advertisements.

Patanjali's soap commercial reportedly disparaged HUL owned brands like Pears, Lux, Lifebuoy and RB owned brand Dettol.

RS Sodhi said that " the sales turnover of Amul is over Rs 38,000 crore, including the GCMMF revenue of Rs 27,000 crore,".