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Dabur to set up first plant in South India, to invest ₹400 crore in Tamil Nadu
The new Tamil Nadu plant is to help Dabur scale up its South India business, which currently accounts for around 18-20% of its domestic business.
Published on Aug 22, 2024 06:34 PM IST
PTI |
Godrej Industries increases hiring, introduces new policies for talent retention
Godrej Industries increases hiring across sectors such as financial services (Godrej Capital), real estate (Godrej Properties), and agriculture (Godrej Agrovet)
Published on Aug 08, 2024 04:12 PM IST
HT News Desk | Edited by Abhyjith K. Ashokan
Budget 2024: These are the winners and losers of ‘vulnerable’ stock market
Budget 2024: A small hike in capital gains tax was not material while direct incentives for employment was a big measure, it said.
Updated on Jul 24, 2024 09:07 AM IST
HT News Desk | Edited by Mallika Soni
Dabur adds 2 lakh new sales outlets in 2023-24, highest of all FMCG players
Dabur plans to continue its expansion, particularly in rural India this year, to reach 1.3 lakh villages compared to 1.22 lakh at present.
Published on Jul 13, 2024 02:48 PM IST
HT News Desk | Edited by Abhyjith K. Ashokan
Shopping bills increase as consumer goods companies hike prices
Consumer goods companies hike prices to protect their profit margins as raw materials become more and more expensive.
Published on Jun 17, 2024 05:27 PM IST
HT News Desk | Edited by Abhyjith K. Ashokan
Consumer goods and medicine supply to be hurt as imports held back in ports
Customs officials hold imports of consumer goods and medicines over concerns of FTA abuse for paying lower import duties.
Published on Jun 08, 2024 12:29 PM IST
HT News Desk | Edited by Abhyjith K. Ashokan
Chandrababu Naidu's wife Nara Bhuvaneshwari earns ₹579 crore from this stock
Chandrababu Naidu's wife Nara Bhuvaneshwari is a key promoter of the company and owns 2,26,11,525 Heritage Foods shares.
Published on Jun 07, 2024 11:59 AM IST
Slow rural consumption over several quarters worries FMCGs
In its January note on the consumer sector performance in Q3FY2024, Nuvama Institutional Equities said that volume growth for FMCG firms will remain challenging
Updated on Jan 19, 2024 09:54 AM IST
Shuchi Bansal
Dabur receives ₹320 crore GST demand notice, to challenge it
Dabur says GST demand notice will have no impact on its activities
Published on Oct 17, 2023 08:10 PM IST
PTI | | Posted by Singh Rahul Sunilkumar
ITC becomes India's most valuable FMCG stock ousting the country's Unilever unit
ITC Ltd., Asia's largest cigarette maker, is set to become India's most valuable FMCG stock, surpassing Hindustan Unilever Ltd.
Published on Jul 24, 2023 02:44 PM IST
Bloomberg | | Posted by Singh Rahul Sunilkumar
PM Modi to meet CEOs of top 20 American companies in Washington during US trip
The event will have a get-together of not just business leaders but also some of the Biden administration's top officials.
Published on Jun 13, 2023 09:24 PM IST
ANI |
Automobile, infra development drive U.P’s GST revenue growth
Automobile, infrastructure development, and iron & steel sectors saw the highest GST revenue growth in Uttar Pradesh in 2022-23, with overall growth of 21% despite the lack of compensation from the Centre after June 2022. The government's GST and VAT revenue collection in the last financial year stood at ₹1.8 lakh crore, which is 86% of the ₹1.24 lakh crore revenue target. The automobile sector registered a revenue increase of 47%, while infrastructure development grew by 37% and iron & steel by nearly 21%. Other businesses that showed significant revenue growth include FMCG, electronics, petroleum products, electrical goods, coal and coke, and chemicals.
Updated on Apr 14, 2023 11:56 PM IST
Brajendra K Parashar, Lucknow
Reliance to offer FMCG products at up to 35% lesser price
Earlier this month, RCPL relaunched the iconic soft drinks brand Campa, entering into the turf of US cola majors PepsiCo and Coca-Cola. It had priced competitively at ₹10 for a 200-ml bottle and ₹20 for a 500-ml bottle.
Updated on Mar 26, 2023 07:28 PM IST
PTI | | Posted by Yagya Sharma
Hindustan Unilever's third quarter net profit rises to ₹2,481 crore: Report
The company had posted a net profit of ₹2,300 crore in the October-December quarter of the previous fiscal.
Published on Jan 19, 2023 05:15 PM IST
PTI | | Posted by Ritu Maria Johny
Link curbs to hospitalisation rate: India Inc to govt
Booster doses of Covid vaccination should be allowed for the general population at the earliest as the level of protection is known to diminish with time, Sanjiv Mehta, who heads FMCG major Hindustan Unilever, said.
Published on Jan 12, 2022 05:34 PM IST
PTI | , New Delhi
Job postings rise in February, says report
Job postings went up in February, mainly led by hiring activities in FMCG, food and packaged goods sectors, according to a report.
Published on Mar 10, 2021 07:51 PM IST
PTI |
Hiring activities spike in February: Report
Digitisation and automation have resulted in a record sequential growth of 33 per cent in hiring activities in February, according to a report.
Published on Mar 04, 2021 08:04 PM IST
PTI |
FMCG companies bounce back in December quarter: Survey
This is the highest volume and value growth reported by the FMCG sector in 2020. FMCG grew steadily for four months, Nielsen said, with value growth rising from 2.7% in September to 9.1% in December.
Updated on Feb 18, 2021 12:49 AM IST
Livemint | Suneera Tandon
FMCG cos look to hike prices to offset inflationary pressure on raw material
Marico, which own brands as Saffola and Parachute, has faced inflationary pressure and had to go for an effective price hike.
Published on Jan 10, 2021 05:27 PM IST
PTI | , New Delhi