Price cuts post the November GST rate rationalisation helped improve volume growth for HUL, what pegged back sales for ITC is adverse social media rumours against Aashirvaad atta, its single-largest FMCG brand.
Companies such as Cadila Healthcare, Lupin, and Natco, which sell generic versions of flu medication in the US market, are likely to benefit.
Milk products and nutrition, the largest category that contributes nearly 47.6% to the company's top line, grew 1.6%
The company plans to overhaul business and rationalise costs in a bid to reach parent Unilever's new profit targets, reports Viveat Susan Pinto.
HUL has achieved few milestones in the fiscal gone by and hence is performing good on revenues front.
As wholesalers largely failed to meet GST norms, companies were in a fix. According to industry veterans like Sunil Duggal, chief executive of Dabur, the hazard led many to look beyond third-party distribution and take the leap to cover unattended markets directly.
Row also provides an opportunity for key competitor ITC (Yippee noodles) to step up market share in the prepared dishes segment
The road ahead is not expected to be easy for one of India's best-loved brands.
Nestle's Maggi 'shock therapy' worked. Nestle probably required such shock treatment as the June 2015 ban on Maggi noodles to jerk it out of its ennui, suggests Suresh Narayanan, now chairman and managing director of Nestle's India business.
EduBridge is emerging as a strong player in training unemployed youth.
ITC wasted no time in capitalising on its new acquisition.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
A phased roll-out of prohibition will hit revenues of companies, which get 5% of their volume sales from the state
Experts say Biyani will now become a contract manufacturer of fashion and FMCG products, with the Reliance group being one of his customers.
According to analysts, winning back consumers' trust in instant noodles won't be easy for any player.
Earlier, the IOA Secretary General Rajeev Mehta said expenses of the ceremonial dress and playing kits of the athletes do not come from its coffers. He claimed that cost will be borne by the sponsors who have signed a contract with it to deal with only the affiliated federations.
Dettol is the leader in the anti-septic liquid category.
Reducing dependence on wholesalers will give the company better control over its inventory, besides offering greater visibility to new brands, reports Avishek Rakshit.
Dabur has launched 44 products during the year.
The outgoing chairman believed in building for the future; for his successor, the challenge will be to maintain the momentum, says Ishita Ayan Dutt.
The past decade saw three full cycles of markets moving up and then going into bear phases.
'The fact that housing units worth a whopping Rs 4.5 lakh crore in top seven cities are stuck under various stages of non-completion indicates that there is a dire need to create stress-asset fund which will help bail out lakhs of distressed homebuyers,' says Anuj Puri, Chairman, Anarock Property Consultants, a real estate services company.
Nearly 150 companies visited the campus this year.
With two top exits and uncertainty on growth strategy, Jubilant is likely to remain under pressure
Aditya Birla Retail set up seven years earlier, posted a 20% growth in sales over a year earlier for 2013-14.
The oralcare major has kept its ears firmly to the ground, pushing products into the hinterland and is holding fort in urban India with innovation for continued volume growth.
Although large companies like Nestle, Dabur or HUL have been impacted by this slowdown in demand, it was the small, local players that have been hit harder.
Nestle, for the record, does not give a break-up of its exports.
Initially, hair care products such as Vatika hair oil and shampoos, Meswak toothpaste, Chyawanprash and honey would be made available.
Be it consumer products, lifestyle or entertainment, spiritual gurus are stepping into business and are finding success
Yum reduced the number of restaurants in India by 14 in the September quarter from the preceding quarter to 811.
The 55-year-old executive takes over on August 1.
Only Hindustan Unilever and Nestl bucked the trend.
Within the next 3 months, most brokers will enable you to intelligently invest via mobiles in MFs, FDs, and IPOs.
Patanjali, to a large extent, has penetrated the target group for its products. As a result, increasing the consumer base and revenue by 100 per cent in FY18 will be a stiff challenge.
Indian investments in equity and debt account for the second-highest remittances outgo (about a quarter).
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High retail inflation is exerting pressure on households to cut expenses wherever possible.
After demonetisation, sharp fall in PE valuation offers an attractive entry point into some quality names and these 3 FMCG companies are expected to see the fastest growth in earnings with at least 15 per cent upside potential
Yoga, wellness, meditation, Ayurveda, software and ... toothpaste - Sri Sri Ravi Shankar has successfully merged business with spirituality
Analysts say aggressive pricing by Pizza Hut signals weakening demand in the fast food segment and could intensify competition.
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