Hindustan Unilever, GlaxoSmithkline Consumer Healthcare, Godrej Consumer Products, Dabur, Nestle and other FMCG companies are lining up initiatives to maximise returns from modern trade channels including hypermarkets and supermarkets.
Compared to their Indian peers, MNCs have higher return ratios.
Sales during the quarter under review stood at Rs 9,357 crore, up 12.42 per cent, as against Rs 8,323 crore in the corresponding period of the last fiscal
Infosys Technologies has emerged as India's best company to work for in 2009.
The company has done a lot to promote 'Open Happiness'.
The company has made public announcement that it is selling five residential property in Mumbai's prime locations of Cuff Parade and Vile Parle, which includes four two-bedroom and one three-bedroom flats.
The surge in IT, auto and FMCG stocks were led by investors seeking safety against market volatility.
Kishore Biyani, who owns the Future Group and its associated retail chains, is seeking support from rival retailers to challenge the might of Hindustan Unilever, Cadbury, Britannia and other confectionary, food and fast moving consumer goods companies (FMCG) to bargain for higher margins.
For most companies this would mean extending medical coverage to same-sex partners, say legal experts.
If you are not happy with the price offered at buybacks, you could be in for a long haul.
In the coming months, Lever Ayush will venture into categories beyond soaps, shampoos, toothpastes, lotions and moisturisers, its current segments of operation, as it seeks to give the brand a horizontal push.
Wipro rose the most, up 3.12 per cent, ahead of its board meeting to discuss buyback of shares.
'The probability of this being a suckers' rally, where all kinds of beaten down stocks have begun to rally sharply, should be a time to be cautious and circumspect.'
CavinKare, which has successfully competed with multinationals, including Hindustan Unilever, in the sachet segment to retain leadership in key southern markets, will now have to prove its acumen in the bottled shampoo segment, which is increasingly getting competitive after new marketing strategies were adopted by ITC and other players.
Saad Khan was swimming across a lake in Bangkok with a 7 kg backpack, when he drowned.
Ashok Gupta, executive director, and D Sundaram, vice-chairman, will be directors at Lakme Lever along with Anil Chopra, who returns to the newly formed subsidiary.
Kishore Biyani, the retail baron, seems ready to smoke the peace pipe with suppliers with whom he has been at loggerheads for the past few months. The move comes at a time when some of his recently launched private-label product categories are outselling those of multinational rivals such as Nestle.The founder of Future Group of retail chains including Food Bazaar and Pantaloon recently launched a series of in-house value-for-money consumer products.
Companies dissatisfied with 'intent and focus' of tech major.
The Pune-based Rahul Bajaj group, thanks to an amazing stock market ride by Bajaj Finance and Bajaj Finserv, has grabbed third spot, pushing the Aditya Birla group down to fourth position.
BSE Midcap and BSE Smallcap indices settled the day 0.7% and 0.9% higher
Top executives from Hindustan Unilever (HUL) including chairman Harish Manwani and Nitin Paranjpe, managing director are in the Taj Hotel. Top officials from Ispat Industries are in The Trident, according to media reports. The Ispat office at Nariman point is closed today.
Analysts say they have more product ideas, nimbler market responses than the giants.
Analysts attribute this fall to the recent moderation in energy (mainly crude oil) and commodity prices, lowering of input costs for companies in sectors such as FMCG, consumer durables, and automobiles, reports Krishna Kant.
The Indian foods industry is at an inflection point, believe major fast moving consumer goods companies.
Speaking to rediff.com, police sources hinted that a faulty transformer could have triggered the blast, but no confirmation was available immediately.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Already a fifth of the nearly Rs 8,000 crore toothpaste market in India (around Rs 1,500 crore) is herbal with the segment estimated to become a fourth (or Rs 2,000 crore) in the next few years.
After achieving high levels of market penetration, the Rs 8,800 crore (Rs 88 billion) detergents industry is now banking on growth through high-value products and innovation. Innovation in the laundry care industry is possible through four ways, according to Sudhanshu Vats, category head, home care, Hindustan Unilever (HUL).
The company has reduced the price of its 200 gm Wheel Active Blue detergent cake by 20 per cent to Rs 8 from Rs 10, HUL said in response to an email query. The company, however, refused to say anything regarding the reasons for undertaking the price cuts or if such actions are likely to be repeated in the near future.
@015 may be a good year for FMCG firms.
Like many other low-unit value, fast-moving consumer goods, the Nano can be expected to alter the dynamics of its market like nothing before.
'We can only hope that the government has finally 'got it' and will stay focused on improving productivity, demand, and governance,' says Debashis Basu.
The size of the organised baby diaper market in India is Rs 5214 crore, with the year-on-year rate of growth pegged at 14%
Major advertisers, including Hindustan Unilever, Paras Pharma, Pidilite Industries, Esselworld, Playwin Lotteries and Tata Sky have started relaying commercials in the BEST buses.
The Indian Institute of Management-Bangalore invites corporates, entrepreneurs, professionals, MBA students and undergraduate students to attend its annual festival VISTA 2006.
Cellphone advertising is witnessing the first few signs of how it has the potential to become big in the near future. Hindustan Unilever and Coca-Cola, two of the biggest advertisers in the country belonging to the fast moving consumer goods sector, have launched campaigns this month to tap mobile users.
The actress, has been named the new face of Pond's, a range of skin care products.
FMCG moves fast, while real estate yields ground and metals lose their lustre. The star of 2008 so far has been Hindustan Unilever; the multinational FMCG player has actually gained 20.45 per cent between January 1, 2008 and December 24, 2008.
The 50-share NSE Nifty ended flat, up 5.80 points, or 0.06 per cent, at 10,308.95.
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