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Fast Moving Consumer Goods

FMCG index jumps nearly 2% as heavyweights like Dabur, HUL, and Britannia shine

FMCG index jumps nearly 2% as heavyweights like Dabur, HUL, and Britannia shine

Tue, Nov 29, 2022

The surge in the overall FMCG counters can be attributed to the better volume growth expected by the Street during the October-December quarter of the financial year 2022-23.

Rural push to boost FMCG companies' topline next year: Report

Rural push to boost FMCG companies' topline next year: Report

Thu, Dec 28, 2017

Blaming the challenges in rural markets, low wage growth and a deficient monsoon in FY15 and FY16 for the poor revenue growth, the report said the sector was further bruised with unprecedented events like demonetisation and GST in FY17.

Alibaba goes offline with $2.9 billion stake in China's top grocer

Alibaba goes offline with $2.9 billion stake in China's top grocer

Mon, Nov 20, 2017

Internet giant Alibaba Group Holding Ltd said on Monday it would invest HK$22.4 billion ($2.87 billion) for a major stake in China`s top hypermart operator, Sun Art Retail Group Ltd, part of a wider push into offline retail.

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Rasna targets Rs 250 crore turnover with health food brand Vitos

Thu, Feb 23, 2017

Soft drink and fruit concentrate company Rasna on Thursday said it was venturing into the baked goods category called Vitos. The company said that it will be looking to expand the reach of Vitos to neighbouring countries like Nepal, Bangladesh and Sri Lanka.

Haldiram’s leaves behind Hindustan Unilever, Nestle in 'traditional' food market

Haldiram’s leaves behind Hindustan Unilever, Nestle in 'traditional' food market

Mon, Feb 20, 2017

Indian sweets and snacks manufacturer, Haldiram’s has surpassed multi-national companies like Hindustan Unilever’s packaged food division and Nestlé’s Maggi division to dominate the traditional foods market in India.

New Nestle CEO ditches sales target after latest miss

New Nestle CEO ditches sales target after latest miss

Thu, Feb 16, 2017

Nestle`s new chief executive scrapped the food company`s long-standing sales target as it reported disappointing annual results on Thursday, adopting a more cautious tone in an uncertain environment.

Offline retailers re-writing norms of online retailing

Offline retailers re-writing norms of online retailing

Fri, Feb 10, 2017

Internet retail market to touch $70 billion in India by 2020. Internet channel to account for 4% revenues of retailers up from current 3.1%.

Marico Q3 Net down 6.82% at Rs 191.64 crore

Marico Q3 Net down 6.82% at Rs 191.64 crore

Thu, Feb 02, 2017

FMCG firm Marico today reported 6.82 % decline in consolidated net profit at Rs 191.64 crore for the October-December quarter on account of lower income due to demonetisation. The company had posted a net profit of Rs 205.68 crore in the corresponding period of the previous fiscal.

Personal Care sales disappoint; HUL readies to take on Patanjali with Ayush re-launch

Personal Care sales disappoint; HUL readies to take on Patanjali with Ayush re-launch

Tue, Jan 24, 2017

Hike in prices for Hindustan Unilever Ltd (HUL) seems to have backfired as the company reported muted results for the third quarter ended December 31, 2016.

Future Group ropes in new marketing head, elevates Devendra Chawla to CEO Future Consumer

Future Group ropes in new marketing head, elevates Devendra Chawla to CEO Future Consumer

Mon, Jan 23, 2017

Future Group has restructured its corporate ladder to include a new marketing head and rejigged its leadership team in the retail and fashion conglomerate.

Soap price hike, demonetisation may hurt Hindustan Unilever Q3 revenues

Soap price hike, demonetisation may hurt Hindustan Unilever Q3 revenues

Mon, Jan 23, 2017

Home and personal care products major, Hindustan Unilever (HUL), may have its sales impacted due to demonetisation; however, as it prepares to announce its third quarter results today analysts cite another reason for its possible 2% decline in revenues.

Demonetisation is a good move for long term growth: Adi Godrej

Demonetisation is a good move for long term growth: Adi Godrej

Fri, Jan 20, 2017

In conversation with Manoj Dharra, Chairman of Godrej group Adi Godrej said that demonetisation will bring benefit in long term in longe term and ones GST is implemented he expects double digit growth in India.Ttaking about the upcoming budget 2017, he expects government can lower direct taxes and there will be growth oriented policies.

Mini ATMs, e-payments boost Future Retail's sales post demonetisation

Mini ATMs, e-payments boost Future Retail's sales post demonetisation

Tue, Jan 17, 2017

The sales volume of fashion and lifestyle retailer Future Retail registered a boost of 20% after demonetisation, a report by The Times of India said, quoting CEO Kishore Biyani.

Personal care products may clock single digit declines in Q3 sales despite demonetisation

Personal care products may clock single digit declines in Q3 sales despite demonetisation

Thu, Jan 12, 2017

Among the fast moving consumer goods (FMCG) companies, personal care (PC) products may not be worse off given the demonetisation fiasco.

Hindustan Unilever to launch ayurvedic supplements to fight Baba Ramdev’s Patanjali

Hindustan Unilever to launch ayurvedic supplements to fight Baba Ramdev’s Patanjali

Thu, Dec 29, 2016

Consumer goods major, Hindustan Unilever (HUL) will be launching herbal and natural supplements to compete with Baba Ramdev’s Patanjali.

Godrej Nature’s Basket Refresh targets Rs 1,000 crore revenue by 2020

Godrej Nature’s Basket Refresh targets Rs 1,000 crore revenue by 2020

Wed, Dec 14, 2016

Announcing their strategic transformation plan to convert into Godrej Nature’s Basket Refresh, GNB on Wednesday said that their revenue target by 2020 will be Rs 1,000 crore.

Internet continues to fail the king of India's private sector retail

Internet continues to fail the king of India's private sector retail

Wed, Aug 31, 2016

Kishore Biyani has been an unrivalled of the private sector retail business in India for a long time now. However, retailing over the internet has left Biyani scathed—twice.

‘Work In Progress': India to grow at 7.6% this year, RBI says

‘Work In Progress': India to grow at 7.6% this year, RBI says

Tue, Aug 30, 2016

RBI, in its annual report, said, "Expectations of a good monsoon (which has already started to show some positive signs) coupled with more money in the hands of government servants (as a result of the implementation of the 7th Pay Commission recommendations) should boost consumer demand."

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