There are multiple near-term worries for the stock of India's largest listed consumer company, Hindustan Unilever (HUL). While inflationary pressures will weigh on its profitability, demand pressures - especially in the rural market - are expected to hit the firm's revenues. This is why brokerages have cut the earnings estimates for financial year 2022-23 (FY23) by 7-10 per cent.
A Nielsen report found that biscuits, salty snacks, toilet soap, shampoo, washing powder and skin creams were reporting a sharp decline in sales due to demonetisation, reports Viveat Susan Pinto from Mumbai.
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.
Recent data from market analytics firm Nielsen shows that the rural market in the country's 630,000-odd villages is pulling down the overall FMCG business.
India's Rohan Bopanna and Wesley Koolhof of the Netherlands progressed to the men's doubles final at the US $1,465,260 Qatar Open after a straight-games' win over second seeds Henri Kontinen and Franko Skugor, in Doha, on Friday. The Indo-Dutch combination will meet the unseeded British-Mexican duo of Luke Bambridge and Santiago Gonzalez in the summit clash on Saturday.
Exit polls by News 18-Ipsos, India Today-Axis and News 24-Chanakya had projected 336, 339-368 and 336-364 seats respectively for the NDA.
Sports fans and players across the world frustrated by cancelled matches because of the coronavirus epidemic are turning to e-sports, with professional real-world athletes joining virtual game tournaments of football, auto racing and basketball.
The survey by Nielsen took responses of over 2,500 students in July-August 2012 across 73 technology colleges in India to measure and monitor their attitudes and perceptions towards career preferences and potential recruiters.
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
The Congress rubbished the findings and termed the survey as "wasteful" and "fake".
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.
Yuki Bhambri returned to Davis Cup action with a commanding victory while Ramkumar Ramanathan did not even need his 'A game' to emerge victorious as India grabbed a 2-0 lead in the World Group I Play-off tie against Denmark, in New Delhi, on Friday.
India's best player Yuki Bhambri is back in the squad and that changes the dynamics for the three-day rubber.
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.
India endured a second successive disappointing result at the Australian Open with Rohan Bopanna and Ben McLachlan bowing out after a first-round defeat to Ji Sung Nam and Min-Kyu Song in the men's doubles event, in Melbourne.
Ace shuttler Ashwini Ponnappa, on Wednesday, said that Indians do not do well in mixed doubles in the international stage as the male partners always want his female team-mate to play in a fixed position.
Kate Winslet's turn as detective while Seema Pahwa turns director, all this and more on OTT this week.
Consumer confidence in India was indexed at 118 in Q2 2013, a two-point decline from Q1 2013 (120), and a one-point decrease from Q2 2012 (119).
Australia fast bowler Mitchell Johnson has the ability to bounce back quickly after his disappointing performance in the second test loss to England, coach Tim Nielsen said on Tuesday.
The levels of optimism reported by Indian respondents this quarter are three points lower than the third quarter in 2011, where India was leading the global sentiment at 121 points, Neilsen said in a statement.
Seven out of 10 customers in India prefer to conduct business with companies that have implemented socially responsible programmes, according to a Nielsen study.
The Consumer Confidence Index score for India decreased by six points to 128 in the April-June quarter of 2017, from a high of 136 from the last polled survey in Q4 of 2016, market insight first Nielsen has said in a statement.
The Nielsen survey was conducted online and covered more than 30,000 consumers across 60 markets.
NDTV has filed a suit in New York against Nielsen Holdings for over $1.3 billion in damages.
Jonathan Marray kicked off what could be a weekend of national euphoria for British tennis when he became the first home player since 1936 to win the Wimbledon men's doubles title with Danish partner Frederik Nielsen.
The advertising volume also increased through the first six games before showing a two per cent dip in the last game even as the total advertisement volume (lacs) saw a 15 per cent rise.
BJP's prime ministerial candidate Narendra Modi is predicted to win both seats -- Varanasi and Vadodara. Kejriwal is places at number 2 in Varanasi, says the ABP News-Nielsen exit poll. Senior BJP leader L K Advani is likely to win the Gandhinagar Lok Sabha for the sixth time.
The consumer confidence in urban India has increased by 9 points.
Rohan Bopanna and his French partner Edouard Roger-Vasselin crashed out of Wimbledon men's doubles after they retired mid-way from their second round contest against Frederik Nielsen Joe Salisbury.
As per Western Union's study on overseas education, 22 per cent students prefer new and unconventional study destinations such as Ireland, Turkey and Spain.
A round-up of Tuesday's action in the UEFA Champions League.
Though Indian consumers continue to remain the most optimistic globally, their confidence level slipped by 5 points to 126 index points.
Denmark booked their spot in the last 16, where they will face Wales in Amsterdam on Saturday, with a 4-1 win over Russia in their final Group B game.
IMAGES from football matches played across leagues in Europe on Sunday.
Australia will head into their "mini-final" quarter-final match against India with a "no-fear" attitude as the pressure of playing at home would be on Mahendra Singh Dhoni's men, feels coach Tim Nielsen.
The clamour for Shane Warne's return to international cricket notwithstanding, Australia coach Tim Nielsen feels it would be difficult for the former leg-spinner to make a comeback.
The threat is real the Homeland Security Secretary Kirstjen Nielsen told reporters at a White House news conference.
'I faced Ashwin a couple times in IPL before this, so don't have much experience of playing him in Test cricket. But we have batsmen who can play spin well'
Over the past few months, FMCG companies redefined their "fairness" offerings to make them more inclusive in the backdrop of the global movement "BlackLivesMatter".
Consumers who had deferred purchases or preferred to stretch their money at discount retailers look all set to splurge again. The latest round of the Nielsen Global Consumer Confidence Survey reveals a sharp increase in confidence levels, Indians being the second most optimistic.
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