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"fmcg"

  • Sensex, Nifty open lower amid crude spike, geopolitical tensions

    Indian benchmark indices extended losses for a second session amid geopolitical tensions, with Sensex and Nifty falling nearly 0.5 percent. IT, financial and realty stocks led declines, while metal and oil sectors gained. Analysts highlighted pharmaceuticals, FMCG and capital goods as relatively resilient sectors despite market volatility
  • FMCG giants prepare price hikes amid rising inflation pressures

    Major FMCG companies, including Hindustan Unilever, Dabur India and Britannia Industries, are planning calibrated price hikes due to rising crude-linked inflation, packaging costs and fuel expenses. Consumers may also face reduced product grammage amid global supply-chain disruptions
  • Govt monitors e-commerce platforms to ensure GST rate cut benefits reach consumers

    The government is monitoring e-commerce platforms to ensure GST rate cuts on daily essentials are passed to consumers. Authorities are tracking pricing of 54 items, including FMCG products and electronics, amid complaints of inadequate price reductions
  • Centre monitors GST cut benefits on e-commerce platforms

    The Centre is monitoring whether e-commerce platforms are passing on GST rate cut benefits on FMCG items. Field officers will submit the first report by September 30. The revised GST structure is expected to lower prices for 99 per cent of daily-use goods
  • GST reforms set to boost food processing sector, lower prices, and spur growth

    The government said GST reforms have rationalised food processing tax rates to 5 per cent, reducing compliance burden, correcting duty anomalies, and making food more affordable. The move is expected to boost demand, encourage investments, strengthen MSMEs, and create jobs across the sector
  • GST rate cuts big relief for FMCG, apparel, footwear, restaurants: Bernstein report

    Bernstein predicts India’s consumption will get a boost from the government’s GST rate cuts. Personal care, home care, FMCG, grocery retail, footwear, apparel, and quick-service restaurants are expected to gain from the revised tax structure, which lowers GST on key items.
  • Post-Adani exit, Wilmar to take a leaf out of ITC book

    Wilmar to use its core edible oil business as a foundation for FMCG growth, to introduce more global FMCG brands into Indian market
  • Markets likely to remain under pressure as US bond yields at 16 year high

    Investors would watch out for the US Consumer Confidence number for the month of September and New Home Sales data for the month of August that would be released later in the day, he added.
  • Govt faces soaring 163% surge in smuggling-related losses over last decade

    The financial impact reached a colossal Rs 58,521 crore (up from Rs 22,230 crore) across five critical industries which included alcoholic beverages, mobile phones, FMCG-household and personal goods, FMCG-packaged foods and tobacco products.
  • More than 65 per cent of Hyderabad employers keen on hiring talent: TeamLease

    Hyderabad: If harsh restrictions are not imposed on business operations more than 65 per cent of the employers from Hyderabad are keen on hiring talent in the current quarter. The city has also recorded growth in intent to hire, with 12 per cent rise in intent to hire over the last quarter. TeamLease Services, in […]
  • Webinar on FMCG performance held

    Hyderabad: A webinar on ‘Dealing with a 4X to 12X Performance Variance in the FMCG and FMCD Salesforce’ was organised by the People Performance Consulting Company, TMI Group to discuss the cause and solutions to manage people performance variance. The webinar focused on two key aspects of performance variance-FLEM Performance Modelling and its Challenges, and […]
  • Market optimism to stay intact in coming quarters: Validus CIO

    Hyderabad: Multiple factors including economic recovery, earnings improvement, import substitution, China-plus strategy, improvement in corporate capex, and recovery in demand are making a positive impact on the stock market. The optimism in the market is here to stay in the coming quarters, says an expert. Rajesh Cheruvu, chief investment officer, Validus Wealth, told Telangana Today, […]
  • Ramdev Baba’s Patanjali to invest Rs 700 crore in Telangana

    The announcement comes within weeks of the State government announcing its policy to promote oil palm cultivation
  • India Inc Q1 revenues falling 8-10pc sequentially: Report

    Crisil estimate is based on an analysis of 300 companies, which account for 55-60 per cent of the market capitalisation (excluding financial services and oil companies)
  • FloBiz plans expansion in tier-2 cities

    The MyBillBook app is a simple-to-use GST billing, inventory management, AR/AP management and mobile accounting app.
  • Hindustan Unilever expects COVID impacted products to rebound in 2021

    In an investor presentation, the company also said categories such as skin care and colour cosmetics, which slowed down last year will also rebound.
  • Markets bounce back after slide, realty stocks rise: Bottom Fishing

    Some losses were witnessed in the IT, FMCG and Pharma indices while Metal, Realty Banking and Auto space traded in the green.
  • Eco-friendly filler for paper mills

    Hyderabad-based company’s G-FP additive helps industry save 7,500 trees in the last 2 years
  • Catapulting creativity from chaos

    Disruption drives us to the creative arena and forces us to create solutions with more flexibility
  • Corrugated paper industry facing dual challenge

    Corrugated box industry was in distress over the rising Kraft paper prices, a key raw material to make corrugated boxes, and also supply disruptions due to Covid pandemic
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