Search result for fmcg
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...
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...
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...
Fast-moving consumer goods and durables companies (FMCG / D) recruiting apprentices
According to a survey, Mumbai, Dec 30) (Fast-moving consumer goods and durables companies (FMCG / D) are willing to recruit apprentices to fulfil their talent requirements.
According to the National Employability Through Apprenticeship Program (NETAP) and TeamLease Skills University stu...
NETAP presents a comprehensive six-month forecast of trends in apprenticeship hiring in India
Mumbai: India's fastest and largest private degree-linked apprenticeship program, National Employability via Apprenticeship[ NETAP], recently launched their study "The Apprenticeship Outlook and Index" in collaboration with TeamLease Skills University, a comprehensive six-month fore...
The trading of India's most significant mutual fund sector
HDFC Asset Management, which is India's largest mutual fund house by asset recently purchased the FMCG, which is the fast-moving consumer goods public sector companies and individual Pharmaceutical players with the earnings season, which work in peak in the month of October and September. The...
Can nestle top the FMCG game
The FMCG scene has taken off and is currently the most profitable sector in almost all parts of the world. The most important part of the FMCG industry is the edible goods that it has, and those are the ones who make the most sales. Many names are in the FMCG industry that has consumable goods, b...
Wipro Optimistic on rural demands
The FMCG sector of India is flourishing like no other sector and the sector is not showing any signs of slowing anytime soon. Although the rural demand for these products has seen a downward trend and the companies are doing everything they can to make it an upward trend
Wipro consumer ...