A market-savvy investor can also use this opportunity to make a quick buck. That is, purchase the share at a lower price from the market and sell it back to the company at a higher price.
The most consistent wealth creators since 2008 are all consumer-facing companies, says Devangshu Datta.
Godrej Consumer Products Ltd (GCPL), aiming to expand and double sales of its flagship brand Cinthol, has recently roped in actor Hrithik Roshan as brand ambassador.
The sharp rise in flexible packaging prices, thanks to the crude oil spiral, has become a new headache for fast-moving consumer goods (FMCG) companies.
"A rising rupee is a good time to go and acquire companies abroad," Godrej Group Chairman Adi Godrej said at the India Economic Summit in New Delhi on Monday.
The first to see price hikes will be soaps. In the past six months, domestic palm oil prices have increased by 46 per cent. Palm oil is a key input going into soaps.
As the service tax department is probing the evasion of service tax on bulk discounts offered by the print media to advertising agencies
Consumer businesses come to the rescue of large conglomerates in the midst of a meltdown in commodities.
To achieve the target, the company will go in for inorganic growth and this will be partly funded by the proposed Rs 400 crore (Rs 4 billion) rights issue. It has started scouting for acquisitions in hair colour business in the developing markets.
The Rs 2,000-crore Patanjali, looking to grow its turnover two-and-a-half times in FY16.
Brands in FMCG sector have taken to brand valuation to identify the potential and realised value of the brand names.
Delay in demand recovery and higher stock valuations mean low safety margin, say analysts.
After toilet soaps, which saw a slew of new launches in 2006, shampoos are the next category that fast moving consumer goods companies are betting big on.
When Godrej Consumer announced in October this year that it had acquired UK-based Keyline brands marking its first overseas acquisition, most people had not heard about the company.
Cinthol the flagship brand of Godrej Consumer Products Ltd has been recognised as a Superbrand by the Superbrands Council, UK.
'What exists instead is a clear gap between skilled people and the work at hand.' 'Employers on most occasions find it difficult to find a match between the two,' Adi Godrej tells Viveat Susan Pinto and Niraj Bhatt.
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.
Age and experience not less relevant but firms are gradually moving towards younger leadership teams
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.
Industry officials say the crunch has not only affected manufacturing of edibles but even of items like nozzle pumps and other goods used in packaging.
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.
The Bombay Stock Exchange will shift 22 scrips, including Canara Bank, Dena Bank and i-flex from the 'B1' to the 'A' group, from November 3.
The brokerage, which previously had a target of 31,000, cited global growth concerns for revision in the target.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The Indian companies, however, invested a much lower $1.59 billion in overseas markets in the previous month May 2014.
'Is it advisable to have more number of scrips in small quantities or a few scrips in big quantities?'
Women leaders, succession planners and lawyers say doors in family businesses are opening but a stronger push is needed.
FCMG companies which have plants i Npal may take a hit on revenues.
FMCG CEOs indicate that the market should stabilise post the general elections and that some growth should make its way back especially in rural areas
FIIs have offloaded shares of Bajaj Corp, Nestle, Jyothy Laboratories and Britannia.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
It's puzzling why Indian cos keep their acquired brands out of play.
Asset financing firms are still witnessing subdued demand and meaningful recovery is likely only in FY16, the report said.