Vivek Gambhir
Food
Nisaba Godrej elevated as Godrej Consumer's chairman
Godrej Consumer Products Limited (GCPL) announced changes to its leadership team, effective May 10, 2017 where Nisaba Godrej, currently the executive director of the company, will become the executive chairperson. Chairman Adi Godrej will assume the chairman emeritus position...
Food
Note ban-hit FMCG industry expects sales to pick up by 2018: GCPL
After enduring a tough year due to headwinds such as impact of demonetization particularly in rural markets, the FMCG industry expects growth to return in 2017-18, said homegrown major Godrej Consumer Products Ltd, according to a PTI report.
"Our expectation...
Retail
Budget 2017: FMCG players expect the Govt to enhance rural spending, rip taxes
Government's move to enhance rural spending through welfare schemes like MGNREGA and reduction in tax rate on basic income slab would help drive demand for products, say leading FMCG firms.
PTI quoted Managing Director, Godrej Consumer Products Ltd (GCPL), Vivek...
Latest News
Expert Review: Retail stalwarts on how the industry fared in 2016
The year 2016 had just begun!! It's hard to believe that the year just passed by. 2016 was a milestone year in a lot many ways. Here's a look at how the retail industry fared in 2016…
E-commerce took over the...
Food
FMCG sector to recover fully from demonetization effect in this fiscal
IANS -
The fast-moving consumer goods (FMCG) sector is expected to fully recover from the hit taken post-demonetization by the end of this fiscal, MD, Godrej Consumer Products Ltd (GCPL), Vivek Gambhir said on Wednesday.
"We are pleasantly surprised by how things...
Food
FMCG biggies eagerly wait for GST, call note ban temporary setback
The FMCG sector - already reeling under the impact of two slow growth years were hopeful they would turn the corner this fiscal on the back of a good monsoon and the Seventh Pay Commission handout - was delivered a...
Beauty & Wellness
Mergers & Acquisitions: Consolidation for growth in the beauty space
Globally, mergers and buyouts are common practices where one conglomerate has either acquired all the assets and liabilities of another company, or one has been bought over by a corporate giant purely for business growth. While in the Indian corporate scenario it has been a regular feature, in the Beauty and Wellness space, per se, it is still a relatively new concept with business houses still wanting to remain politically correct while sharing the details. Salon India reports
Food
Rural sales of FMCG companies impacted by demonetization: GCPL
The FMCG industry, which was looking forward to good sales following a robust monsoon this year, has been impacted by demonetization, according to Godrej Consumer Products Ltd (GCPL).
"Given the good monsoon this year, rural sales had begun picking up post harvest from October...
Food
GCPL expects GST, 7th Pay commission to help increase demand
After witnessing a sluggish first half, FMCG firm Godrej Consumer Products Ltd (GCPL) expects demand to be better in the remaining period of the year with implementation of 7th Pay Commission and passing of GST likely to increase consumption.
"Overall,...
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Latest News
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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