Search result for FM
Chinese FM: Recalibrate Connections
Wang Yi, the foreign minister of China, recently told state run media that Beijing is eager to mend its ties with Australia, despite the fact that the two countries have been at odds for a number of years on issues related to trade and public safety. This occurs as a result of the strained ties b...
REPORT SAYS INDIAN FMCG INDUSTRY RECORDED 9.4 PERCENT GROWTH IN FY21 Q4
HIGHLIGHTS
- A report says that Indian FMCG Industry recorded 9.4% growth in FY21 Q4.
- Rural markets continued to build momentum.
In the last quarter (Q4) of FY21, India’s Fast Moving Consumer Goods (FMCG) industry recorded 9.4% g...
REPORT PREDICTS INDIA LEADING GLOBAL FMCG AD SPENDS GROWTH AT 14 PERCENT
HIGHLIGHTS
- A report says that India is leading global FMCG ad spends growth at 14%.
- In India, FMCG ad spends are increasing due to many factors.
- These factors include rising consumer demand, increasing disposable incomes, and catch-up expan...
MARS WRIGLEY PARTNERS WITH ANS COMMERCE
HIGHLIGHTS
- Mars Wrigley has forged a partnership with ANS Commerce.
- Partnership is meant to focus on warehousing and delivery fulfilment.
- ANS Commerce will also set up cold storage for maintaining the right temperature for chocolates. ...
RISING INPUT COST OF SOAPS LEADING TO PRICE HIKES
HIGHLIGHTS
- The input costs of many FMCGs especially soaps is increasing.
- Hence, the price of various soaps is increasing.
The top Fast Moving Consumer Goods (FMCG) companies in India have raised prices of many soap brands as palm oil...
FMCG COMPANIES CONTINUE TO BENEFIT FROM ONLINE SALES
HIGHLIGHTS
- FMCG companies are getting benefits due to online sales.
- A report by Unicommerce said that sales on e-commerce grew 36% in volume terms compared to FEB 2020.
- In DEC 2019 quarter, 30% growth was witnessed.
- In DEC 2020 q...
FMCG BRANDS TO REDUCE THEIR PROMOTIONS AT KUMBH MELA 2021
HIGHLIGHTS
- Many brands are reducing their promotions at Kumbh Mela 2021.
- This year attendees at the religious event are expected to be lesser compared to last year.
- According to media buyers' estimates, devotee footfall and media spends...
FDI HIKE IN INSURANCE EXPECTED TO BOOST FOREIGN CAPITAL IN INDIA
HIGHLIGHTS
- The new budget presented by FM Nirmala Sitharaman allows 74% FDI in insurance business.
- The new budget proposal is can help local private insurers expand presence in India.
With the new budget presented by Finance Minister...
GERMANY: KNORR COMPANY TO CHANGE THE NAME OF ITS POPULAR SAUCE
Highlights:
- One of the best-known food companies in Germany announced that it will rename one of its popular sauce
- The company is re-naming the sauce because the name is a dis-respectful German expression for Roman and Sinti minority groups
STOCKS RECOVER FROM EARLY SETBACK; SENSEX JUMPS 100 POINTS, NIFTY AT 10,300
Highlights
• The S&P BSE Sensex is trading at 34,953.87 levels, while the benchmark NSE Nifty50 is at 10,338.10 points
• In the early morning trading session on Thursday, ITC emerged as the top Sensex gainer with 2 percent growth followed by Bajaj Auto and IndusI...
VOLATILE TRADING AFFECTS NIFTY, SENSEX STABLE AT 34,000
Highlights
• All the Nifty sectoral indices are trading in the green except the FMCG sector
• FMCG sector has been impacted by the losses incurred by Hindustan Unilever, Britannia, Marico and ITC
• Senses is hovering near the 34,000 mark, while the bro...
1.01% STAKE IN HDFC OWNED BY THE PEOPLE’S BANK OF CHINA NOW
Highlights:
• PBOC has been accumulating stakes since a year now
• PBOC owned a 0.8% stake in March 2019
• &n...
FEVER FM JOINS #JANTACURFEW WITH #RJCURFEW
Highlights:
- Indians gear up for #JantaCurfew
- Fever FM joins the curfew with #RJcurfew
- Fever FM RJs will go live from their homes
As India’s count of COVID-19 increase and Prime Minister Mr Narendra Modi calls for Janta Cu...
EMAMI Q3 PROFIT IS AT RS. 144 CRORES
Highlights:
- The total income of the FMGC was at Rs. 828.22 crores, which is up by 1.02 percent.
- Total net profit of Rs. 137.54 crores in the October-December quarter in a year ago.
- It marked growth of 8 percent in the 65 percent of the port...
Records high sales witnessed by the Nifty FMCG index in 8 consecutive days
The fast-moving consumer goods (FMCG) companies’ shares were witnessed to be on a high trade on the index of Nifty FMCG. The companies were seen to be trading much more for consecutive 8 days and are thus expected to recover in demand.
On Thursday, the eight-day of the rise, there...
While dry days have been over, liquor sales raise excise sales by 10% in Maharashtra
Liquor excise collections grew almost 10 percent, in contrast to collections in FY-19, the Times in India recorded between April and December 2019, the first three-quarters of FY-20.
Rs 11,555 crore revenues were recorded for the duration from year to year (YoY) of Rs 10,546 crore. The ...
Rajeev Bakshi-a veteran of FMCG has joined Ola's food
Fast-moving consumer goods are all the products that the consumers or the purchasers require daily. All the products that a regular person uses on day to day basis and needs for running a normal day are categorized into one category and that is FMCG which is an abbreviated form of Fast Moving Con...
Shortly you could purchase alcohol in a grocery store in UP
Alcohol is a drink that isn't usually sold in general stores in various districts of India. This beverage is considered to be sold not very publically and openly so it is not very easily accessible in the grocery stores around various cities and provinces of India.
LUCKNOW: Ch...
Great raw material prices to help the margins of FMGC players; slow volume growth
In the third quarter of fiscal 2020, brokerages said, the fast-moving consumer goods (FMCG) companies are likely to witness a subdued earnings growth.
Volume growth is expected to remain tepid while growth in EBITDA would be driven by margin expansion on the back of benign prices of raw...
FMCG firms lower the amount spent on advertisements:
The slowdown in the rular areas has been a very important and painful point for the Fast Moving Consumer Good brands for almost an year now and considering the fact that there are no signs of any sort of revival any time soon to be expected, therefore the companies have decided to keep a strict c...