HUL Q2 net profit up, volume growth remains flat

The volume growth for the soap maker rose five per cent for the quarter, unchanged from the preceding three months, compared with a 10 per cent growth in the year-ago quarter.

published on : 15th October 2019

FMCG firms brace for tepid Q2 earnings 

Volume growth of consumer goods firms in the second quarter to be in low single digits, says Edelweiss Securities.

published on : 13th October 2019

Unilever announces commitments to reduce plastic waste; to halve use of 'virgin' plastic by 2025

Virgin Plastic, is produced directly from the petrochemical feedstock, like natural gas or crude oil, which has never been used or processed before.

published on : 7th October 2019

‘FMCG firms to see low growth in Q2’

Further, agricultural distress owing to patchy monsoon and lower ramp-up of the PM-Kisan scheme are unlikely to reverse the deceleration in the rural economy.

published on : 4th October 2019

22 FMCG firms pledge to manage and lower plastic footprint

Hindustan Unilever, Mondelez, ITC Ltd, Kelloggs, Dabur, Nestle, Mother Dairy have taken a pledge to manage plastic wastes better.

published on : 25th September 2019

Banking, FMCG to benefit from corporation tax cut while pharma, IT to remain untouched: Report

The immediate benefit is increased cash flows to corporate India that will be either channelised into debt reduction or incremental investments in increasing capacity.

published on : 22nd September 2019

Slowdown pinches FMCG heads’ pockets

Even categories with a high contribution of small packs such as shampoos, soaps, chips, biscuits, toothpaste have seen decline in sales compared to last year.

published on : 11th September 2019

FMCG companies under scanner of GST authorities

Notices have already been sent to some of the leading FMCG companies, after NAA received complaints from consumers.

published on : 4th September 2019

Britannia to increase prices 'marginally' to beat slowdown

'In the third quarter, a slight increase in prices will happen', Vinay Subramanyam, Head (marketing) of Britannia Industries told reporters here.

published on : 22nd August 2019

KCR urges ITC to establish food-processing units in Telangana

Rao stressed the need for food-processing units so as to help farmers get better prices for their products and get consumers to access to unadulterated and high-quality products.

published on : 4th August 2019

UK-based Reckitt Benckiser bets big on premiumisation to take pole position in laundry biz

Data from Bain & Company suggests that there will be nearly USD 2 trillion of incremental spend on affordable, mid-priced offerings by 2030.

published on : 26th July 2019

Slowdown: Distress in small FMCG firms triggers manufacturer exits

Sunil Khaini, head of retail measurement services, Nielsen South Asia, pointed out that distress among smaller firms in the sector is a major contributor to the increasing number of exits.

published on : 18th July 2019

Slowdown in FMCG sector triggers more exits, less entrants in April-June quarter: Nielsen

The FMCG growth rate for the first half of 2019 is around 12 per cent, which is lower than the previous year's forecast of 13-14 per cent, the report by data analytics firm Nielsen said.

published on : 17th July 2019

FMCG giants picking up stakes in start-ups

Main reasons behind big-ticket investments in the sector are innovation, technology-driven, better marketing understanding and a passion for market disruption.

published on : 16th July 2019

With aim to generate Rs 1 lakh crore by 2030, ITC to expand its FMCG base

This comes at a time when ITC aims to generate Rs 1 lakh crore sales by 2030 betting on its newer FMCG business.

published on : 12th July 2019
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