Indian promoters Poddars to relinquish control for severance package.
Taking action against promoters of Gillette India for non-compliance to minimum public holding norms, Sebi on Friday ordered freezing all corporate benefits arising out of their stake in the company.
Companies in the lower mcap deciles have recorded the fastest growth in median mcap.
Gillette India Ltd has posted a net loss of Rs 33.30 million for the quarter ended December 31, 2002 as compared to a net loss of Rs 253.60 million for the quarter ended December 31, 2001.
Leading FMCG companies have announced a price cut on their products, including soaps, shampoo, baby diapers, toothpaste, razors, and after-shave lotions, effective from September 22 to extend the GST rate cut benefits to consumers. Firms such as Procter & Gamble, Emami and HUL have come up with new price lists which have been communicated to their respective distributors and consumers through their respective websites.
'I'm proud of my Indian connection. Why shouldn't I be?'
Engineer played for Lancashire for close to a decade while former West Indies captain Lloyd was with the club for two decades, making indelible contributions to the history of club.
Male grooming products maker Gillette India on Monday said it would aggressively focus on oral care business, leveraging the huge market size and would continue with the alkaline battery business in India.
Former India wicketkeeper Farokh Engineer and legendary West Indies captain Clive Lloyd were on Wednesday honoured by the Lancashire County Cricket Club with stands named after them at the Old Trafford Stadium in Manchester, on the opening day of the fourth Test between India and England.
Daily essentials and food products will be cheaper from Monday, as leading FMCG companies have slashed prices, extending GST cut benefits to consumers.
Gillette India Ltd plans to publish audited financial results for the year ended December 31, 2002 by March 31, 2003.
Procter & Gamble has announced Shailesh Jejurikar as its next CEO, effective January 1, 2026. Jejurikar, an India-born executive, will succeed Jon Moeller in the role.
'I would love to go to the place where was I born and grew up in. The nearest I came to visiting Junagarh was when I played the Dilip Sardesai benefit game in Ahmedabad.'
The razor maker suffered a major jolt after the Securities Appellate Tribunal had quashed an appeal it filed against the regulator, which had earlier rejected Gillette's plan entailing reclassification of promoter holdings to comply with the public shareholding norms.
'He has been one of the clearest thinkers in the history of business.'
Hardik Pandya and KL Rahul are facing the heat for their controversial comments on women in a TV show.
Higher inflation has again become a matter of concern for fast-moving consumer goods (FMCG) companies. After prices of commodities like sugar and wheat moved higher and stabilised at those levels, the crude oil too surged, adding to FMCG firms' worries. Besides, a dry spell in August in the ongoing monsoon season impacted rural demand.
Amway surged by converting a multitude into sales agents.
The slowdown in private consumption in the economy is taking a toll on the growth of fast-moving consumer goods (FMCG). The net sales growth of listed FMCG companies hit a 14-quarter low of 2.5 per cent in October-December 2023 (Q3FY24). This is the lowest revenue growth for the industry since the June 2020 quarter, when the FMCG firms in the Business Standard sample had reported a 13.2 per cent Y-o-Y decline in combined net sales owing to the lockdown.
Sachin Tendulkar has many firsts to his credit but a 'first shave' from female barbers Neha and Jyoti
With India contributing only 2% to its revenues, the multinational is focusing more on key markets like the US and China.
The man with the golden arm could surpass some, if not all, top cricketers -- the demigods who stand well above athletes from other disciplines in India
Companies which have been dropped from the list include Tata Motors, Hindustan Unilever, MRF, Glaxo SmithKline Consumer Healthcare, Pfizer, Dr Reddy's Labs, Glenmark Pharmaceuticals, HDFC and Kotak Mahindra Bank
'Indian creative and digital agencies seem to be completely missing the mark,' says advertising and media veteran Sandeep Goyal.
While Unilever has been aggressive, both organically and inorganically in the country, P&G's approach has been about achieving 'balanced growth' in terms of top line and bottom line.
One of cricket's greatest players passed into the ages on Monday. Rediff.com salutes the legend.
For the first time since 2001, promoter stake in BSE 500 decisively below 50%
Former captain Rahul Dravid heaped generous praise on ICC Champions Trophy winners' India saying their good showing had brought a lot of happiness to the fans, who were left in despair following the match-fixing saga in the Indian Premier League.
Ricoh India, the largest gainer among these pack, has rallied 192 per cent from Rs 294 to Rs 859 on the BSE so far in the current calendar year.
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.
There have been complaints from consumers that the firm has increased the base price of products and then charged the lower GST rate, thereby keeping the MRP of products the same in pre and post tax rate cut.
BSE Power, Healthcare, Capital Goods, FMCG and Metal indices gained between 0.6-1%.
Technology research in the country is the next big thing.
The seven-run win on Friday could be the catalyst for the Aussies as they looked ahead to India's visit Down Under later in the Australian summer.
Sensex remained volatile through the day.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
India has a history of successful mascots. The adorable Amul Girl has been gracing hoardings with topical punch lines. And Maharaja, launched way back in the 1940s, continues to represent the Air India with a new look since 2015.
It is all about a C and C model -- of choices and consequences -- for women. Women make choices about their lives and for each of them there will be consequences, Shell India Lubricants MD Mansi Madan Tripathy tells Jyoti Mukul.
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