Several fast-moving consumer goods (FMCG) companies have said that they would pass on the full benefit of goods and services tax (GST) rate cuts to consumers starting September 22. Dairy major Mother Dairy, on Tuesday, announced rate cuts in products spanning its portfolio-- from milkshakes to paneer and jams to frozen products under its Safal brand.
FMCG major Hindustan Unilever Ltd (HUL) on Thursday reported a 5.97 per cent rise in its consolidated net profit to Rs 2,768 crore for the June quarter of FY26, helped by gains from a re-estimation of taxes paid in the previous year. The company had logged a net profit of Rs 2,612 crore in the April-June quarter a year ago, according to a regulatory filing from HUL, the maker of popular brands as Dove, Lifebuoy, Lux, Lakm, and Sunsilk.
The FSSAI issued an order to test more brands of noodles, pastas.
The two obvious best choices are to combine OTT viewing time with some good eating, because Joe, Rishi and Co don't have to be the only ones dining well.
Ash content is now allowed up to 1%, the new notification has proposed to increase it to 2% for seasonings or tastemakers.
Names such as Danone, Dabur, Mondelez and Abbott Healthcare have also figured on the list of suitors.
Maggi made a comeback in November after passing tests at three government labs.
Food processing industry players are worried that this could have an impact on their overall investment plans.
ITC has provided retailers with leaflets to assure customers of Yippee noodle's quality and safety standards
ITC's noodle brand has been caught in the Maggi crossfire.
'Maggi noodles belong to the consumers.'
Indian govt must tighten food safety norms to prevent controversies like the latest one on Maggi noodles.
The company plans to overhaul business and rationalise costs in a bid to reach parent Unilever's new profit targets, reports Viveat Susan Pinto.
'The director casts two attractive people where he ought have chosen a couple of actual actors instead, and thus it becomes hard to care about the protagonists or their sundered hearts, and despite aesthetic appeal, what we end up with is -- at best -- a screensaver,' says Raja Sen.
Relaunched and indigenous brands fare better in India.
Sensex, Nifty end the day in red on unfavourable cues from global markets.
To tackle the resultant inflation, the Indira Gandhi government had imposed price controls on manufactured products, including soaps and vanaspati, in 1973.
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