FMCG distributors on Thursday said it has suspended their boycott of certain products of oral care maker Colgate after talks with the company representatives over the issue of the price disparity between the traditional distributors and organised business-to-business channel. A day after a virtual meeting with Colgate-Palmolive (India) Ltd (CPIL) representatives, the All India Consumer Products Distributors Federation (AICPDF) called off its stir to boycott certain products of the company starting from January 1, 2022. "From today, the movement against Colgate is postponed till further notice," the AICPDF said in a statement.
...followed by financial services, IT, and sales and marketing.
ITC was the top laggard in the Sensex pack, tanking 6.97 per cent, followed by L&T, HDFC, SBI, ONGC, ICICI Bank and IndusInd Bank.
Sangeeta Talwar, one of India's first women bosses, tells women how they can succeed in the cut-throat word of business.
Singapore says it will suspend importing noodles from India after the MSG controversy came up last week.
Finalises blueprint to become pan-Indian dairy player; to set up plants in 6 states.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Arguments will continue on Thursday.
We are surrounded by food that is contaminated, adulterated and does not meet Indian safety and packaging standards, says Abheet Singh Sethi/IndiaSpend.com.
Bhutanese brewery Serbhum is behind Kati Patang, a beer sold by Delhi-based Empyrean Spirits. Launched in Zesty Amber and Snappy Wheat variants in 2018, Kati Patang prides itself on being "brewed with the happiest water on earth".
Regulator's nod assumed more importance after the Maggi issue.
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.
She maintains the food company ignored her advice on various issues.
Test reports from UP food regulator started the controversy.
Few of these highly sought-after socialising and networking hubs are seeing much activity as regulars are missing in action.
Punishing brand ambassadors shows that the government is only interested in going after the low hanging fruit, says Tanmaya Nanda.
'I believe that to be a successful leader, you need to develop fly vision.'
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
This is second time in a month when a packaged food co has complained
'We have done what we needed to do on behalf of the consumers'.
While green shoots are beginning to emerge, with June sales rebounding to pre-Covid levels thanks to a rural revival, most FMCG chief executives have voiced concerns about localised lockdowns that began in July and have extended into August in some states.
Maggi made a comeback in November after passing tests at three government labs.
Irrespective of demonetisation and GST blues, IIM Lucknow has been able to successfully place their batch of 459 students.
Ash content is now allowed up to 1%, the new notification has proposed to increase it to 2% for seasonings or tastemakers.
As many as 11 industry bodies related to food and pharma sectors on Thursday alleged that the food regulator FSSAI has become "den of corruption" and demanded a CBI inquiry into the functioning of the authority, which shot to limelight over the Maggi issue.
MG Parameswaran is concerned if we have over-reacted to the issue.
Coca-Cola's acquisition of British coffee chain Costa, its biggest acquisition of a brand in history, faces three challenges in India.
'India missed the software products revolution (and now is in danger of missing the platform revolution), complacent that we are the software experts of the world based on IT services prowess,' points out Rajeev Srinivasan.
Uttar Pradesh Food and Drug Authority (FDA) says it has found excess lead in the Yippee noodles of domestic giant ITC.
60,000 Maggi kits sold out in 5 minutes on Snapdeal!
The matter is now expected to be raised with the PMO.
Even as foreign investors land in Delhi to attend the first major food processing trade fair, Delhiites queue up to satisfy their tastebuds
The paper will invite comments on whether or not the royalty ceiling applicable till 2009 should be re-imposed.
A glance back at some of the important ups and down Indian Inc faced in 2018.
Top Ramen tested positive for lead in samples taken from Daman.
Instant noodle from Nestle is not the first food brand in India to have faced a tough time though
Morgan Stanley expects the central bank to cut rates this week, 125 bps in cuts through 2015.
The current valuation is 38 per cent higher than the 10-year average of 22x and over 50 per cent higher than the 20-year average of around 20x.
More than the revenue component, the movies gain hugely in terms of visibility and reach, reports T E Narasimhan.