A Nielsen report found that biscuits, salty snacks, toilet soap, shampoo, washing powder and skin creams were reporting a sharp decline in sales due to demonetisation, reports Viveat Susan Pinto from Mumbai.
Lenovo, Xiaomi, Vivo, Gionee lead the onslaught, beating Indian and global brands with smart deals and astute image management measures.
Sale of iPhones hits the bottom; firms to postpone new launches; shipment might fall short of 2016 target.
Dabur gets nearly a third of its Rs 2,900-crore international sales from Africa
While the government's demonetisation move is aimed at curbing under-invoicing, the worry was that retailers would de-stock in the short term, impacting sales.
Talk of a blackout by other news channels in solidarity remained inconclusive because of the heavy news agenda on that day.
Fast-moving consumer goods companies have begun assessing the impact of the rate structure declared on Thursday under the goods and services tax.
While study was done before the current boardroom battle began, the findings indicate Tata is no longer viewed as aspirational brand by working professionals.
Industry sources said all the iPhone 7 handsets shipped in had been sold out.
Experts say the impact is limited to investors and potential employees and may ease out in the next few months
The festive season, which usually starts from September, is when 35 per cent annual sales get transacted for most durables firms.
This is only the second endorsement in the baba-led space by a celebrity after wrestler Sushil Kumar featured in an ad last year for Patanjali Ghee.
A company executive said a recently opened museum at Rashtrapati Bhawan was the trigger for getting a restaurant in the complex as visitors come from far-flung places
Good pay hikes, positive macroeconomic factors and the taming of inflation have had a positive effect on purchases
The company will meet DGCA next week and is putting in place a strategy to contain the damage
Plans a high-voltage relaunch of Note7, multi-media campaign before new iPhone launch
While members are bound to listen to ASCI, the self-regulator has frequently faced resistance from non-members, who've challenged its authority to redress grievances of complainants
The Prime Minister and and President gracing ads for Reliance Jio and Bandhan Bank have put the spotlight on this trend.
Three years after launching Big Bazaar Direct, Future group CEO Kishore Biyani's enthusiasm for online ventures has been tempered by growth concerns
Nescaf is leading the company's efforts to widen the public lens on its portfolio of brands
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