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.
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.
BSE Midcap and BSE Smallcap indices settled the day 0.7% and 0.9% higher
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.
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.
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.
'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 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.
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%
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).
@015 may be a good year for FMCG firms.
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.
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.
Although large companies like Nestle, Dabur or HUL have been impacted by this slowdown in demand, it was the small, local players that have been hit harder.
The 50-share NSE Nifty ended flat, up 5.80 points, or 0.06 per cent, at 10,308.95.
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.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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.
Germany-based Beiersdorf AG, the maker of Nivea skin creams, is entering the women's fairness cream market in India, almost a year after it began selling fairness cream for men locally in a bid to take on rivals including Hindustan Unilever, L'Oreal and other players.
'Somewhere it gives you amazing work ethic.' 'Nobody's job is less, one should respect all.'
This could be the first instance when a consumer goods company would move court against NAA. The confrontation began after the government cut tax rates on over 175 items like toothpaste, shampoo, shaving cream and washing powder to 18 per cent from 28 per cent.
Combined net profit up 7.4% over a year ago, versus 11.2% in Q2.
Leading TV channels will see a blackout of spot advertising from midnight tonight after Hindustan Unilever, Procter & Gamble, Airtel, Pepsi, Coca-Cola and Reliance Communications, among others, directed their media-buying agencies not to book such advertisements on 16 news and entertainment channels, including NDTV, Network 18, Zee News, Star News, starting October 16.
Hindustan Unilever already has operations across the world. It is therefore consistently improving its product mix to introduce premium variants in its product portfolio. In the April-June quarter, the company launched premium products.
Most of the 30-Sensex constituents led by M&M, Adani Ports, BhartiAirtel, Bajaj Auto, Hero MotoCorp, ICICI Bank, Sun Pharma, Cipla, HDFC Ltd, ONGC and Hind Unilever were trading in negative terrain, falling by up to 5.77 per cent.
Babychakra's online community has 500,000 mothers seeking advice and support and who share lessons learnt on their journey through pregnancy and parenthood.
The NSE Nifty ended up 19.65 points, or 0.20 per cent, at 9,788.60 after shuttling between 9,854 and 9,775.35 during the day.
With Bharti Airtel making it to the list of top-ten advertisers of the year, cellular phone service providers as a category have overthrown fast moving consumer goods (FMCG) products such as toilet soaps and shampoos to emerge as the top advertising category on television in 2007.
Clinic All Clear recently introduced two new anti-dandruff shampoos for men. Read on to learn more about them.
Overall expenses in Q1 stood at Rs 6,466.52 crore (Rs 64.66 billion), as against Rs 5,789.88 crore (Rs 57.89 billion) in the year-ago period.
The Jyothy Laboratories' IPO should bring decent returns to the investor.
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