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FMCG firms report poor Q2 results; expect better times ahead

Even as FMCG majors in India expected a revival in demand in the second half of the year, post a normal monsoon that bought a relief to drought-hit farmers almost after two years, the September quarter has been dismal...

4 GST slabs may make oil, chicken expensive; TV, air conditioner cheaper

The recently proposed 4 slabs GST structure may hit the common man as it is likely to result in higher taxes on various items including kitchen staples such as edible oils, spices and chicken, as per a PTI report. However,...

4 GST slabs planned, consumer durables, FMCG face 26 pc levy

The Goods and Services Tax (GST) Council, at the end of Day One of its meeting on Tuesday, decided on the issue of compensation for states, Finance Minister Arun Jaitley told reporters. "One main issue in today's (Tuesday) agenda was...

Kantar Worldwide Report: E-commerce driving the growth of FMCG

The online FMCG market grew in value 15 per cent over the last 12 months. E-commerce is clearly outpacing the overall FMCG market evolution providing many opportunities for retailers and brands pioneering this channel. A Kantar Worldwide report titled 'The Future of E-commerce in...

ITC shakes off sluggishness, reports 10 pc profit at Rs 2,385 cr

FMCG-to-hotels-to tobacco giant ITC Ltd has posted a better performance with a modest 10 per cent growth in net profit and 8.3 per cent rise in revenue, breaking its recent lackluster streak of low single digit growth.   Analysts say the recent numbers...

Fast-moving consumer goods: Chasing the monsoon

The FMCG sector’s sales grew 5.7 per cent over a year ago in the March quarter, better than the 1.4 per cent growth in the December quarter...READ MORE

How brands will win in grocery’s e-commerce boom

FMCG marketers, in order to protect their share, need to find a strategy for online shopping that is as effective as their offline approaches have been in the past. But where do they look? It’s tempting to try to circumvent...

FMCG firms pin hopes on normal monsoons to up demand

After two years of drought, the weather department has predicted a normal monsoon this year. Rejoicing along with water-starved villages are FMCG firms, who believe that there is a lot of pent up demand in these areas. Analysts say two...

Impact of Budget 2016 on retail industry

The Budget often impacts the bottom line of industries and companies — and can make a difference to your investments. One of India's leading newspapers, The Times of India commissioned global analytical company CRISIL to analyze how your market...

Baidyanath to launch wellness, beauty brand by fiscal end

Kolkata-based ayurvedic major Baidyanath Group is set to enter the FMCG segment with the launch of cosmetics and wellness products under 'Mantra' brand. "We are entering into chemical-free cosmoceutical sector under the brand Mantra. We plan to introduce herbal medicines...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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