Search result for FMC
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...
Laid-off employees working at Walmart write to the United States' Head Quarters over the recent issue of downsizing
After laying off the fifty six senior executives including the vice presidents of the entities all across agri-business, sourcing and FMCG (fast-moving consumer goods) divisions from their India business, the problems still seems to be going nowhere for retail giant, Walmart.
Now, over ...
Patanjali group of companies expected to become the largest Fast-Moving Consumer Goods (Fast-Moving Consumer Goods) company, expected to reach a turnover worth a value of about 40000 million in the year, 2021.
Yoga Guru Baba Ramdev, the promoter of Patanjali group of companies, while talking about the current rumors made a statement on this Friday saying that, Patanjali Ayurved, the group of companies is, in the next coming financial yera, expected to reach a turnover value worth in the range of Rs35,0...
Top headlines: Department of Telecommunications (DoT) talks tough on the AGR dues, FMCG (Fast Moving Consumer Goods) recovery, and more
A senior official at DoT reported that The DoT (Department of Telecommunications) will soon begin to issue notices to the telecom companies after the deadline, 24th of January, for their due payments of Adjusted Gross Revenue (AGR) dues as per the order by the Supreme Court.
FMC...
German FMCG (Fast Moving Consumer Goods) major, Dr Oetker beats the slowdown with a 24 percent growth in the year 2019
At a time when the FMCG (Fast Moving Consumer Goods) companies are all lowering their growth amid the weak demand from the consumer, the Indian branch of Dr Oetker, a company that is originally based in Germany, worth $8 billion just recently registered the best year of its operations with a grow...
A demand revival will depend on a stimulus package : FMCG Inc
NEW DELHI: India's fast-moving consumer goods companies (FMCG) said a demand revival will depend on a stimulus package resulting in people having more money to spend that could be in the form of lower income tax slabs, job creation and direct incentives for rural consumers. Finance Minister N...
Ajay Khanna the New CMO Appointed by Amway, Marketing Officer, Nutrilite
Ajay Khanna has been appointed as a chief marketing officer for direct sales of FMCG, Amway India. Khanna is now taking over the reins of power of former CMO Sundip Shah, with over 24 years of experience in the FMCG and telecommunications industry and after spending almost three decades in the co...
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...
FMCG stocks have lost sheen
The FMCG stocks have started to lose a portion of their sheen, as volume development eases back in the business. There holds a sharp decrease in the valuation premium that FMCG stocks delighted in over the more extensive market, even as financial specialists worry over the business' profit di...