Promoters' holding in private sector BSE 500 companies declined to 43.4% in Sept
Say will take up the issue with the HUL management.
The results declared by key companies for the three months ended March 31 show most firms have managed to arrest the moderation in volume growth witnessed in previous quarters.
Harpreet Singh Tibb has worked at the largest fast-moving consumer goods company in the country, Hindustan Unilever.
The Bombay Stock Exchange's 30-share Sensex closed at 19,504 up 117 points. The National Stock Exchange's 50-share S&P CNX Nifty closed up 26 points at 5,930.
The main driver remains expectations of a big rate cut in the May 3 credit policy review, but stocks like Hind Unilever and ITC have also seen heavy buying.
Second quarter numbers hint at a rocky road ahead with a slowdown in discretionary categories set to continue.
As group CEO, Sudhanshu Vats' job is to steer the television (Colors, Nick, Sonic, MTV, etc) and film businesses of Viacom18 Media.
Enthused by robust financial performance and attractive valuations, foreign investors increased their exposure to fast-moving consumer goods (FMCG) companies such as Britannia, Hindustan Unilever and Godrej Consumers Products in April-June this year.
The regional players are outrightly opposed to the idea, while MNCs are looking for procedural changes that, they say, will align the labelling criteria with global practices.
PI Industries, GCPL, Colgate and HUL have delivered positive returns every year since 2008.
National brands prefer the acquisition route since the southern market is culturally different, reports T E Narasimhan from Chennai.
Firm global cues, along with gains in FMCG majors ITC and Hindustan Unilever aid the upmove.
Ash content is now allowed up to 1%, the new notification has proposed to increase it to 2% for seasonings or tastemakers.
'Even the most basic water amenities, people like us used every day, didn't exist there at all.'
The aggregate value of merger and acquisition (M&A) transaction involving Indian entities was $20.8 billion last year, down 46.3 per cent over the 2012 figure, global deal tracking firm Mergermarket said.
HDFC Bank, Reliance Industries and Housing Development Finance Corporation (HDFC) -- with free-float market cap of over Rs 3 trillion -- have the highest weight in the Sensex and the Nifty.
Volume growth, a key metric for most consumer companies, was down to five per cent for HUL in the third quarter from almost 9-10 per cent a year ago.
The NSE Nifty ended 55.75 points, or 0.57 per cent, higher at 9,912.80 after moving between 9,925.75 and 9,882.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
Patanjali, to a large extent, has penetrated the target group for its products. As a result, increasing the consumer base and revenue by 100 per cent in FY18 will be a stiff challenge.
Indicating that Hindustan Unilever (HUL) which sells almost 40 percent of its brands in thehinterlands will increase its focus on rural markets, the consumer goods major today called for convergence of urban and rural marketers so that prosperity spreads to the rural areas.
By targeting the salon-going consumer through Tresemme, Hindustan Unilever is taking its premiumisation agenda to the next level.
Dominant market leader has been adding new users every year, but there are stiff challenges ahead.
The companies include Larsen & Toubro, Hindustan Unilever, Infosys, TCS and Sun Pharma
CSD was created to provide easy access to quality products of daily use, at prices less than market rates to the soldiers, ex-servicemen and their families
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
Sector insiders and analysts say this is due to combination of slowing property markets and liquidity issues.
Development issues of vital interest to India are expected to receive focused attention at the G20 Summit beginning in Cannes on Wednesday, a Ficci Paper on the B20 Working Group on Development said.
Salaries are performance-linked and FY12 was good on both counts; now, persistent inflation and patchy rains show on rural market.
Hindustan Unilever on Tuesday reported 15.59 per cent jump in net profit at Rs 871.36 crore (Rs 8.71 billion) for the third quarter ended December 31, 2012, on account of robust sales across various business verticals.
Relatively new brands of HUL, such as Closeup, play second fiddle to other legacy brands such as Colgate from Colgate-Palmolive and Vicco.
From its all-time peak of 38,989.65 scaled on August 29 this year, the Sensex has fallen by 2,921.32 points, or 7.5 per cent, to 36,068.33.
Having delivered the numbers, Nitin Paranjpe talks about his plans to make Hindustan Unilever future-proof.
In the annual Best Companies for Leadership Study by the global HR consulting firm, the Tata group shared the limelight with other global companies like Procter & Gamble, IBM, Coca-Cola and Unilever.
The five tea brands were among 19 oolong products that were found not adhering to regulatory standards.
The Advertising Standards Council of India (ASCI) has rapped the fast moving consumer goods majors Hindustan Unilever and Paras Pharma for their objectionable deodorant commercials, and asked them to pull them off air.
Automobile company Tata Motors, metals and mining major Vedanta, oil marketing firm Bharat Petroleum Corporation (BPCL), private sector IndusInd Bank, and two-wheeler major Bajaj Auto have witnessed their market cap slip below the Rs 1-trillion mark this year.
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