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With unsold inventory piling up with wholesalers, and consumers spending less due to liquidity crunch, FMCG companies are preparing for a short-term blip in sales

Corporate: Resurrecting Brand Maggi

Ashish Sinha

Has brand Maggi been successfully revived? Nestlé India is on an overdrive to expand its products around health and wellness

Hindustan Unilever Q2 Net Up 11.54% On Higher Income

FMCG major Hindustan Unilever has posted an 11.54 per cent rise in its standalone net profit at Rs 1,095.6 crore for the September quarter, helped by higher income from operations

The GST would do away with levies charged when goods cross state lines, a boon for manufacturers and shippers, and shares in logistics companies including Gati Ltd, VRL Logistics and Allcargo Logistics Ltd gained by between 3 and 4.6 percent before the meeting

PepsiCo Sets Global Target For Sugar Reduction

PepsiCo says the new global target is more ambitious than its previous goal of reducing sugar by 25 per cent in certain drinks in certain markets by 2020

Who Can Beat Baba Ramdev On Business Front?

Swadeep Srivastava

The biggest pull for Ramdev's products comes from the fact that Patanjali products directly cater to his large base of disciples and followers, who look at him as the single source of inspiration and find his yoga sermons and antics as a potent solution to their health problems

FMCG: Bright Future

C H Unnikrishnan

The Future Group plans 4,000 physical stores by 2021, demonstrating its determination to broaden its horizon. Meanwhile, Kishore Biyani is looking at more online acquisitions too

Listing Of Godrej Agrovet Not In Immediate Future: Adi Godrej

Companies & Markets Sector Reports Retail

Godrej Group would look at listing animal feed and agri-business company Godrej Agrovet, though no time frame has been proposed for the exercise

Patanjali: Using Innovative Ideologies To Build A Breakthrough Brand

Dr Gaurav Sood

Ramdev not only became a television celebrity teaching yoga, but is sitting on the fastest growing FMCG Company clocking a turnover close to Rs 5000 crore, more than Colgate, GlaxoSmithKline and Emami by this fiscal year

Will GST Have An Impact On The Retail Sector?

Monica Behura

Economy India

Companies could generate substantial savings in logistics and distribution costs as the need for multiple sales depots will be eliminated

Nestle India Q2 Net Profit At Rs 231 Crore

Net sales of the company during the quarter under review were up 16.66 per cent to Rs 2,256.09 crore as against Rs 1,933.84 crore of the year-ago period

ITC Appoints Sanjiv Puri As COO; Likely To Replace Y C Deveshwar

Companies & Markets Corporate Movement Consumer Products

ITC Ltd has appointed Sanjiv Puri, a wholetime director of the company, as chief operating officer with immediate effect, the company said in a filing to the Bombay Stock Exchange

Growth Of Tobacco Business Good For Shareholders: ITC Chief Y C Deveshwar