Fmcg

  • 70 per cent employers to expand; mid-level talent in demand: Survey 4 days ago

    Mumbai: The country is likely to see high growth in the job market as 70 per cent employers plan to expand their team, a recent survey said. "India's business market is currently primed for expansion, with the recruitment market being driven by significant industry sectors such as FMCG, retail, healthcare,...
  • ITC replaces TCS as India's most admired company August 24, 2014

    New Delhi: Tobacco-to-FMCG conglomerate ITC has replaced Tata group's IT giant TCS as the country's most admired company on a Fortune magazine list, which has got as many as 19 new entrants including Cognizant, Birla group firm Idea Cellular and discom BSES Rajdhani Power Ltd. ...
  • Truck carrying goods worth Rs 3 lakh looted June 30, 2014

    A group of unidentified persons bound a driver and cleaner of a truck and looted the vehicle, which was carrying goods worth Rs 3 lakh, police said on Monday. The incident took place last night, near a gas agency in Chandpur police station area. The truck carrying soaps and detergents of...
  • Sensex gains 63 points to close at one week high May 6, 2014

    Mumbai: The BSE benchmark index Sensex on Tuesday advanced by 63 points to close at one-week high as bluechips led by Reliance Industries, ITC and ICICI Bank gained on sustained buying by funds and retail investors. The 30-share index had risen by 158 points to a high of 22,602.71 in...
  • LS polls: BJP puts up 3,400 posters in Delhi Metro, Congress trails April 1, 2014

    New Delhi: For the first time, the Delhi Metro has become an advertising ground for the political parties with BJP racing ahead of its rivals, including Congress, by putting 3,400 posters inside the train coaches so far. While BJP has already put up the posters carrying its Prime Ministerial candidate...
  • Sensex falls 255 points to end at 20,193.35 February 14, 2014

    Mumbai: The benchmark Sensex on Thursday slid 255 points, its biggest fall in ten days, dragged down by earnings-related disappointments in bluechips like Cipla and Coal India, amid a weak trend in global markets. The BSE index, which had gained 114 points in last two sessions, plunged 255.14 points, or 1.25...
  • Sensex jumps 69 points on 'Mahurat trading' November 3, 2013

    Mumbai: A benchmark index of the Indian equities markets rose 69 points in the special Diwali trading on Sunday, led by good buying support in auto, FMCG and oil and gas stocks. The 30 scrip sensitive index S&P Sensex of the Bombay Stock Exchange opened the special session at 21,278.08 points...
  • Man behind Wai Wai noodles becomes Nepal's first billionaire August 26, 2013

    New Delhi: The man behind the famous Wai Wai noodles, Binod Chaudhary, has now become Nepal's first billionaire, all thanks to his instant noodles formula. Perhaps the nation's second most popular readymade noodles - Wai Wai - has come a long way from being just a Nepal product in the...
  • Sensex up 158 points; metals and defensives lead, SBI falls 3.4% August 12, 2013

    Mumbai: It was a positive start to the week with the equity benchmarks gaining 0.8 percent Monday, after losing more than two percent last week. Some short covering and robust trade data led the support. The BSE Sensex rose 157.64 points to close at 18946.98 after scoring more than a...
  • ITC Q1 net up 20 pc to Rs 1,602 crore July 26, 2012

    New Delhi: Cigarettes to FMCG and hotels major ITC's profit after tax grew a tad higher than expected by 20.2 per cent year-on-year to Rs 1,602 crore in the quarter ended June 2012 while analysts on an average had expected around Rs 1,581 crore. Net sales rose by 15 per cent...
  • Budget 2012: Pay more for the comforts of life February 14, 2014

    New Delhi: Budget 2012 presented by Finance Minister Pranab Mukherjee on Friday, March 16, makes eating out and phone bills and other comforts of life costlier, pinching the common man. Increase in service tax will increase one's mobile bills by 2 per cent every month. Two and four wheelers will...
  • Budget 2012: FMCG goods to become costlier March 16, 2012

    Mumbai: The FMCG industry on Friday said they will be forced to increase prices even though sales are already muted and margins are under immense pressure. Finance Minister Pranab Mukherjee increased excise duty to the pre-crisis level of 12 per cent from 10 per cent. "I expect this Budget to have a...
  • Sensex, Nifty end in the green after 8 days November 22, 2011

    Mumbai: Indian equity benchmark Nifty snapped 8-day losing streak on Tuesday - bouncing back above the 4800 mark - led by technology, banks, metals and auto (four-wheeler) stocks. But the market was extremely volatile during the day due to choppy trade in rupee. Both the benchmarks trimmed gains in late...
  • Industrial growth slows from 5.6 to 4.1 pc in Aug October 12, 2011

    New Delhi: The industrial growth of the country slowed to 4.1 per cent in August on account of the poor performance of the manufacturing sector and a decline in mining output, indicating an economic slowdown. Growth in factory output, as measured in terms of the Index of Industrial Production (IIP), stood...
  • Sensex rises 156 pts; IT stocks lead rally August 23, 2011

    Mumbai: The Bombay Stock Exchange benchmark Sensex on Tuesday added over 156 points as investors picked up stocks, particularly IT shares, available at lower levels after recent losses, amid firming global cues. The 30-share barometer advanced by 156.77 points to close at 16,498.47 points. The index...
  • Should P&G and Unilever merge? June 24, 2011

    New Delhi: Let’s not lose market share even if it means sacrificing margins in the short term. Long Procter and Gamble’s battle cry, in the last few years it had increasingly become an intrinsic part of arch-rival Unilever’s strategy as well. Hardly surprising, as Paul Polman who became Unilever CEO...
  • P&G may make 38 bn pounds bid for Unilever June 2, 2011

    London: In what could be one of the biggest deals in the global FMCG sector, consumer goods giant Procter & Gamble is rumoured to be lining up a 38 billion pounds bid for its biggest rival Unilever. Wild rumours are doing the rounds that Procter & Gamble (P&G) could make a...
  • Govt probes Speak Asia for chain marketing scam May 19, 2011

    Mumbai: You've seen the ads - but have you wondered what it is exactly that Speak Asia does and how it makes money for you? Speak Asia claimed FMCG majors paid them for conducting market surveys, but after the companies denied it, Speak Asia said it was a miscommunication. Speak...
  • Budget 2011: FMCG firms want viable taxation February 24, 2011

    Mumbai: India's fast moving consumer goods industry is hoping the upcoming budget will bring in concrete measures to tame spiralling inflation and viable tax structure to ensure continued growth. The 130-billion-rupee industry, which is the fourth largest sector in the Indian economy, has been reeling under the pressure of surging input...
  • India Inc may hike salaries by 6-8 pc: HR survey April 30, 2009

    New Delhi: At a time when the global job scenario is gloomy, India Inc is expected to increase salaries up to eight per cent this year with infrastructure and FMCG sectors likely to see the maximum hikes, global HR consultancy Mercer says. "Overall Indian companies are likely to increase salaries between...
  • Meltdown effect: Graduates opt for FMCG jobs over banking December 24, 2008

    New Delhi: IT and Banking is no longer the preferred destination for management graduates. A Nielsen Survey shows that FMCG or Fast Moving Consumer Goods is where freshers are heading in 2009. Once the most attractive banking sector seems to have lost its sheen for B-school students. In a reshuffle...
  • IT, banking passe, freshers head to FMCG companies December 21, 2008

    New Delhi: Call it the meltdown effect, but the once most attractive banking sector seems to have lost its sheen for B-school students. In a reshuffle of preferences, the fast moving consumer goods sector (FMCG) has emerged as the most popular choice for the 2009 batch of management graduates -...
  • Storyboard: Soap bubble bursts, can re-runs save them? November 17, 2008

    How long can entertainment channels continue to run re-runs and how are Indian desi FMCG firms combating slowdown in international market? Storyboard explores these two issues this week. ...
  • Markets too volatile for investments: Udayan Mukherjeee October 14, 2008

    New Delhi: Investors across India heaved a collective sigh of relief as markets did not go into a free fall on Monday too, as they did on Friday but instead lifted up. Network 18's stocks editor Udayan Mukherjee told more on why the markets recovered on Monday and how long...
  • Retail chains, FMCG cos at war over right of first access July 10, 2008

    Mumbai: Nestle hot chocolate drink, Jacker potato chips, shampoos and conditioners are just some of the many foreign brands that My Dollar Store imports and sells through its outlets. But global FMCG companies that manufacture these brands are crying foul because they have not yet introduced them in India. Sources...
  • Consumers hit hard, prices of basic goods rise June 27, 2008

    New Delhi: The consumer's good days are over. After the double-digit inflation shocker, the consumer must get prepared for paying more for basic essentials from cereals, pulses to cosmetics and even electronic goods. With inflation breaching the 11-per cent barrier and hitting a 13-year high, Fast Moving Consumer Goods (FMCG) companies...
  • Mkts end weak amid volatility February 8, 2008

    It was extremely volatile and weak day for the markets wherein the Sensex and Nifty both traded flat across yesterday's closing level and finally settled down on weak note. Realty, metal, banking, consumer durables and capital good stocks were seen struggling during today's trade but the IT and FMCG counters...
  • Markets end flat; IT, FMCG, pharma stocks disappoint July 16, 2007

    New Delhi: It was a quiet day for the markets wherein it opened with marginal gains and remained rangebound for major part of the day and shut shop on flat note. It was disappointing day for the IT, pharma, FMCG and capital good stocks but realty, banking, consumer durable and...
  • Wipro buys Singapore's Unza FMCG firm July 6, 2007

    New Delhi: Wipro's consumer-products unit has bought Singapore's Unza Holdings, makers of toiletries, for $246 million in cash. The acquisition will almost double revenue for Wipro's consumer care and lighting unit, which makes soaps and light- bulbs. The unit posted a 36 per cent increase in sales in the year...
  • Mkts open positive, Sensex up by 92 pts June 17, 2007

    New Delhi:The markets started the week on upbeat note in line with its Asian peers on the back of buying interest seen in the banking, FMCG and cement stocks. At 9:56 am (IST), Sensex was up 92 points at 12522 and Nifty was up 16 points at 3624. Major gainers in...