FIIs have offloaded shares of Bajaj Corp, Nestle, Jyothy Laboratories and Britannia.
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FMCG players -- Dabur, HLL, PSU BPCL, Korean car maker Hyundai, liqour barron Vijay Malaya's Mcdowell and TVS motors -- are among the major companies found to violate Advertising Standards Council of India code.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Growth numbers for the large players in the sector, though, improved during the quarter.
Zohnerism drives our daily consumption of news and shaping our understanding of most issues, warns Sandeep Goyal.
Employees of some top Indian companies were in for a pleasant surprise when they received a mail from their HR team announcing a hike in salaries and bonuses. Led by IT firms and start-ups, HR managers say that while some have offered cash and stock options, others are in a wait-and-watch mode and add the trend will pick up in other sectors. For example, IT giant Cognizant - which had an attrition rate of 19 per cent in the December quarter - has established a $30-million employee retention fund in order to bring down the high attrition rate.
Growth in cities has lagged villages as consumers troubled by persistently high inflation have cut spending in the past two years.
With winter just around the corner, ayurvedic health product 'Chyawanprash' makers are loosening their purse strings to rope in Bollywood biggies to endorse their respective brands, with a specific sight on youth consumers.
From paints to apparel and lifestyle majors, brewers, distillers and fragrance makers have stepped into the market, even as the frontline companies including FMCG players, pharma and healthcare majors were the first to seize the opportunity created by Covid-19.
Investment push by the Modi govt and draw-down of UPA's welfare schemes to put pressure on demand.
A major reason for the high growth in advertising spends as these companies are keen on higher volume
Most of the changes have come about in the last four years and ITC is now reaping the dividends - standalone revenues from the non-cigarettes FMCG business have grown 40 per cent from FY17 to Rs 14,728.21 crore in FY21 and pre-tax profits 30 times to Rs 823.69 crore. The business accounted for 30.58 per cent of gross revenues and 4.85 per cent of pre-tax profits in FY21. "In the last four years, our margins in FMCG have gone up by 640 basis points (bps) and EBITDA margins have been moving up consistently. "We created levers that enabled a sustained growth trajectory," said ITC chairman and managing director Sanjiv Puri. Puri took charge as the chief executive officer in 2017; in 2018, he was redesignated managing director and effective May 2019, he became chairman.
The low-profile Dabur scion has become India's largest restaurateur.
Come May, the Deltin Royale, which boasts of the country's largest poker room, will play host to India's first Poker Sports League.
A break-up of business shows that 75% of a firm's turnover is led by volume growth, while 25% is price-led. Companies such as Britannia, Nestl, Dabur, Marico, Kellogg, Parle Products, and Hindustan Unilever have increasingly focused on smaller packs of their key products, aimed at improving sales.
The most consistent wealth creators since 2008 are all consumer-facing companies, says Devangshu Datta.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Milk booths by Amul and Mother Dairy, a Kumbh phone by Reliance Jio, Dabur's toothpaste dispensers are among the many initiatives by brands steadying for a stint on haloed ground.
Data from market research agency Nielsen shows that 152 new players entered the hygiene market in March as the lockdown was implemented to contain the spread of the coronavirus disease. The trend is expected to continue, the agency says, as hygiene and health emerge as key themes.
Top companies reported that despite most of them making staples and essential products, movement of raw material, goods and labour remained restricted, impacting sales.
The consumer goods segment faces an uphill task of retaining investor interest in the near future as valuations become expensive.
While the company did not reveal its profit or loss for the period, according to its fillings, food and beverages was the largest category - accounting for 62.23 per cent or Rs 5,184 crore of its total sales.
A clinical all-round display helped Delhi Waveriders thrash Uttar Pradesh Wizards 3-0 and maintain their supremacy in the Hero Hockey India League, at the Dhyan Chand Astroturf Stadium in Lucknow.
HUL, ITC, Nestle, Colgate, Dabur, Britannia, Asian Paints, P&G are trading at nearly 48 times. The previous record high was 53 times at the end of March 1994.
Former Australian player and coach Ric Charlesworth was today roped in as coach of the Mumbai franchise for the upcoming Hockey India League starting next year.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Here's what your favourite celebrities have been up to.
Dabur Mumbai Magicians' chances of making it to the top four of the Hero Hockey India League suffered another blow as they went down 1-2 to Ranchi Rhinos in an away game at the Astroturf Stadium.
Ramdev's company remains a dominant player in the naturals space, but products of rivals are also gaining popularity.
The new packaging norms, which will kick in on November 1, will push up the product prices.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
An Indian born, US-educated, Australian citizen, Tejpavan Singh Gandhok has recently joined as the CEO of Om Pizzas (OMP), the master franchisee for Papa Johns Pizza in India, as well as Chillis, the Tex-Mex Restaurants. His appointment was announced with fresh investments from the existing investor in OMP - TVS Capital Fund.
Some of these items of consumption include ultraviolet disinfectants and sanitising boxes, free-finger touch devices, do-it-yourself grooming kits, self-cleaning water bottles, smart tiffin boxes, hand-sanitizer wearables, antiviral fabrics, tiles, flooring and mattresses, and anti-fogging glasses.
Both P R Sreejesh and P T Rao did not have the best of outings in the inaugural Hockey India League and national hockey team captain Sardar Singh feels goalkeeping is an area of concern for the hosts ahead of the Hockey World League 2 to be held here from February 18-26.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
@015 may be a good year for FMCG firms.