Vivek Karve
Retail
India Inc reacts to easing of local sourcing norms in single brand retail
Finance Minister Nirmala Sitharaman on Friday presented her maiden budget and the first of the Modi Government in its second term.
She announced that FDI inflows into India have remained robust despite global headwinds.
“Global FDI flows slid by 13 percent...
Food
Marico aims up to 10 pc volume growth, healthy market share gains in 5 years
Home-grown FMCG firm Marico is expecting a volume growth of 8 to 10 percent and double-digit constant currency growth in international business over the next 3 to 5 years on account of strategic investments, a top company official has...
Food
FMCG firms slash prices to pass on GST benefits to customers
FMCG companies, including ITC, Dabur, HUL and Marico, said they have cut prices of various products to pass on the benefits of GST rate reduction to end-consumers.
The companies said they will extend the price reduction to other categories, which...
Food
FMCG companies to pass on GST benefits to consumer
Consumer product makers, including HUL and Patanjali, hailed the GST Council's decision to lower tax rates on commonly used items and said the benefits will be passed on to customers.
According to a PTI report: The Council has reduced tax...
Food
FMCG companies revise rate; extend tax benefits to customers
FMCG companies are revising prices of their products after the implementation of GST and are extending the tax benefits to the consumers under the new tax regime.
According to a PTI report: The companies such as Patanjali, ITC, HUL and...
Food
FMCG cos expect dip in inventory levels, normalcy in Q2 in the run up to GST
FMCG firms are preparing for reduced stocks in their trade channels for a couple of months as anxious dealers cut down inventory levels in the run up to GST, the new indirect tax regime, from July 1.
According to a...
Food
Marico expects to grow in double digits for next 4-5 years
FMCG firm Marico expects to grow in double digits for the next 4-5 years and is keeping options open for acquisitions in India and overseas markets to realise its ambitions.
According to a PTI report: The Mumbai-based firm is betting...
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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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