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Preview: FMCG-Cons. Products-News By Industry-News-The Economic Times

FMCG-Cons. Products-Industry-The Economic Times



The Economic Times: Latest business, finance, markets, stocks, company news from India.



Last Build Date: Wed, 18 Jan 2017 16:53:52 GMT

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FMCG sector's highest paid CEO is a 94-year-old school drop-out

Tue, 17 Jan 2017 02:30:00 GMT

(image) Dharampal Gulati, the sprightly old man with a turban promoting masala brand MDH, took home over Rs 21 crore as salary last fiscal.



Demonetisation to adversely impact consumer goods sector in Q3: Report

Wed, 11 Jan 2017 09:21:19 GMT

(image) "Companies we spoke to sounded more sanguine at December-end than they did in mid-November immediately after the demonetisation announcement, though," it said.



FMCG firms want Nielsen to tweak sampling mechanism

Tue, 27 Dec 2016 18:48:01 GMT

(image) If a restaurant chain hands out ketchup sachets of a particular brand free with its food, it would not be considered retail sale unless sold.



Demonetisation erodes over Rs 3.8k crore FMCG sales

Sat, 24 Dec 2016 10:34:33 GMT

(image) Chemists could ride out the impact because they grew in rural areas, according to Niel sen, and were allowed to accept old currency till November 24.



Dettol maker Reckitt Benckiser rides on Swachh Bharat, posts handsome growth of 14%

Thu, 22 Dec 2016 19:29:11 GMT

(image) The maker of Dettol soap and Lizol is split into two entities in India – RB India Ltd and RB Healthcare under which all Paras brands are integrated. Both firms of the UK giant posted combined sales of Rs 5,606 crore during FY15-16, compared to Rs 4,929 crore a year ago. The performance is a turnaround for RB, which posted 6% growth in FY15.



GCPL fully acquires Kenyan co Charm Industries

Tue, 20 Dec 2016 14:17:21 GMT

(image) According to the company, transaction would be completed with "immediate effect" as "no approvals" are required for that.



Jubilant Life Sciences announces price hike of up to 15%

Tue, 20 Dec 2016 11:57:07 GMT

(image) Jubilant Life Sciences is engaged in pharmaceuticals, life science ingredients and drug discovery solutions.



Taste of India: Desi companies feast on snack market

Mon, 19 Dec 2016 20:26:09 GMT

(image) ​​According to market researcher Euromonitor, sweet and savoury snacks have grown by 26%, highest within packaged food segment between 2010 and 2015.



Wai Wai forays in quick service restaurant format

Mon, 19 Dec 2016 12:38:54 GMT

(image) The statement said the restaurants will roll out in partnership with franchise and retail solution provider Franchise India, on an estimated investment of Rs 250 crore.



Ramdev wants all transactions above Rs 50 in Patanjali stores through digital mode

Sat, 17 Dec 2016 05:36:02 GMT

(image) Ramdev's Patanjali, which is said to have more than 5,300 stores across India, will allow all purchases above Rs 50 to be made digitally.



FMCG companies slash marketing spends, postpone new product rollouts

Fri, 16 Dec 2016 18:49:57 GMT

(image) Neighbourhood stores contribute close to 72% of total fast-moving consumer goods (FMCG) sales and the liquidity crunch has hit this segment the hardest.



Ramdev says will expand Patanjali products globally

Thu, 15 Dec 2016 17:49:00 GMT

(image) He said that he will never introduce any such product which is inedible as per the principle.



Demonetisation took a toll on rural sales of FMCG cos: GCPL

Sun, 11 Dec 2016 05:23:24 GMT

(image) Gambhir further said that as half of GCPL's business comes from outside India, the impact on demonetisation on the company's overall performance will not be huge.



P&G India takes first sales hit on product rationalisation

Mon, 05 Dec 2016 19:19:43 GMT

(image) The Cincinnati-based parent has announced it has defocussed several unprofitable lines of business in India, a move which will negatively impact short-term top line growth rates.



Demonetisation beneficial for organised FMCG players: Dabur

Mon, 05 Dec 2016 15:44:53 GMT

(image) Elaborating on the impact, the company said it will vary across channels and geographies and stress is highest for wholesalers and small town grocery shops.