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Emami opens largest production unit in Assam

A Rs 300-crore production unit of home-grown FMCG major Emami Limited was inaugurated by Assam Chief Minister Sarbananda Sonowal. The new plant, the largest production facility of Emami in India, will generate direct employment for 1,000 youth, said R S...

Pre-GST sales impact subdue FMCG cos performance in Q1: Experts

Top FMCG players, including Hindustan Unilever, Dabur, Marico and Emami would have performed much better in first quarter had sales not been impacted by de-stocking ahead of GST implementation, according to industry experts. According to a PTI report: While HUL...

Top 12 Retail and Consumer Products Billionaires in India 2017

American business magazine Forbes released its annual list featuring richest people in the world on March 20, 2017. It was a record year for the richest people on earth, as the number of billionaires jumped 13 per cent to 2,043...

GCPL slashes soap prices by 8 per cent; extends tax benefits to consumers

Home-grown FMCG firm Godrej Consumer Products Ltd (GCPL) has slashed its soap prices by 6 to 8 per cent, extending the tax benefits to its consumers, while absorbing the hike in hair colours. According to a PTI report: The company...

Emami spent Rs 443 crore on ads, promos last fiscal

FMCG major Emami spent Rs 443 crore on advertising and promotions last fiscal despite demonetization, with over 27 brand ambassadors from Bollywood icons Amitabh Bachchan and Shah Rukh Khan to sports celebs endorsing its products. According to a PTI report:...

Emami explores options to set up new manufacturing units in international markets

Emami Limited is exploring options to set up new manufacturing units in international markets to meet growing demand. PTI reported: The company, which now has a single manufacturing unit in Bangladesh, is also stepping into the African markets of Nigeria...

Emami net profit remains flat, hit by demonetisation

FMCG major Emami Ltd on Monday reported a marginal increase in its consolidated net profit (after taxes, minority interest and share of profit of associates) to Rs 134.34 crore for the quarter ended December 31, 2016, as compared to...

FMCG companies hopeful of growth-oriented Budget

After taking a demonetisation hit, FMCG companies are pinning hopes on a growth oriented Budget to see a revival in consumer confidence and create demand both in urban and rural markets. "We are expecting a growth-oriented Budget with various stimuli...

Baba Ramdev targets MNCs with ad, industry calls it a gimmick

Even as Prime Minister Narendra Modi is promoting 'Make in India' and actively seeking foreign investments, Yoga guru Baba Ramdev is openly attacking multinationals, calling their products "dangerous" in a concerted ad campaign. MNCs are terming the campaign a marketing...

Emami hires PwC to asses GST regime impact

FMCG major Emami on Wednesday announced that it has hired consultant PriceWaterhouseCoopers (PwC) to assess the impact of GST regime on the company and chart a roadmap to realign firm's strategy accordingly. "We are evaluating the impact and for that we...
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