Tag: FMCG
17 Results
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Food and beverage major Keventer Agro files IPO papers with Sebi
The company, in its draft papers, said that the (OFS) includes "1.53 crore compulsory convertible preference shares, which will be converted up to a maximum of 91.51 lakh shares prior to the filing of the red herring prospectus with the RoC, solely for the purpose of the offer".
August 10, 2021 -
FMCG revenue growth seen doubling to 10-12% this fiscal: Crisil
Interestingly, it cited that operating margin had improved by 100 bps last fiscal despite lower revenue growth, due to reduction in advertising and promotional expenses.
July 27, 2021 -
COVID crisis: HUL to provide 4,000 oxygen concentrators to India
Apart from O2 concentrators, HUL will also be providing ventilators and other medical equipment for hospitals, including in rural areas.
May 11, 2021 -
HUL reports 13 pc rise in Q4 consolidated net at Rs 2,190 cr
The company's consolidated total income stood at Rs 12,542 crore, as against Rs 12,235 crore in the year-ago period.
April 29, 2021 -
IBM Hybrid Cloud to help Parle Products drive growth
Through streamlining operations and achieving greater scalability to meet changing demands, Parle expects to witness business growth in India and beyond.
April 22, 2021 -
Infinique Mall is bringing brands closer to consumers with unique shopping experience
Established in August 2020, Infinique Mall has been in the making for the past 2 years, as far as its business model, technical expertise or curating the brands is concerned.
January 7, 2021 -
HUL Q1 net profit rises 5.7 pc to Rs 1,897 crore; sales up 3.65 pc
The company had posted a net profit of Rs 1,795 crore in April-June quarter of the previous fiscal.
July 22, 2020 -
Sensex maintains its winning streak to 3rd day, Nifty at 9,550-mark; FMCG, pharma rally
ONGC was the top gainer in the Sensex pack, jumping over 5 per cent, followed by Bajaj Auto, ITC, Sun Pharma, Nestle India, L&T, Maruti, UltraTech Cement and HUL.
May 29, 2020 -
ITC to acquire spice major Sunrise Foods Pvt Ltd
While the company did not disclose the value of the deal, sources said it is valued around Rs 1,800 crore to Rs 2,000 crore.
May 25, 2020 -
Tata Global Beverages renamed to spearhead FMCG ambitions
Following this arrangement, the TGBL has been renamed as Tata Consumer Products Ltd (TCPL), a company statement said.
February 11, 2020 -
Mid-level and entry-level hiring will surge in India: Survey report
Professionals with 3-6 years of experience, who are looking for better opportunities in terms of skill utilisation and remuneration can find this news appealing. 54 per cent recruiters surveyed mentioned that they are looking to hire mid-level professionals.
September 11, 2019 -
Sensex rebounds, ends 537 pts higher
The BSE Sensex jumped 537.29 points or 1.44 per cent to 37,930.77. The Nifty rose by 150.05 points or 1.33 per cent to 11,407.15.
May 17, 2019 -
Designing: A game changer in commercialism
Designing is a combination of aesthetic, functionality and usability of products, thus adding value to brands.
December 4, 2018 -
HUL m-cap touches Rs 3 lakh cr ahead of Q3 results
Shares of Hindustan Unilever surged to its 52-week high level in morning trade ahead of the third quarter results, following which the market capitalisation reached Rs 3 lakh crore. The stock opened at Rs 1,365, then touched a 52-week high of Rs 1,388.45, registering a jump of 1.56 per cent over its previous closing price. …
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January 16, 2018 -
Placement season
IMI-New Delhi concluded its final placements for 2015-17 batch comprising around 363 students. This year, the highest package for the PGDM course has gone up to Rs 20.75 LPA, Rs13.95 LPA for banking and finance and Rs 20.75 LPA for the HR. The institute witnessed impressive placement season with companies such as Accenture, Asian Paints, …
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January 9, 2018 -
Dabur India cuts prices by 9% to pass on GST benefits
FMCG major Dabur India on Tuesday said it has cut prices of existing stocks across categories such as shampoos, skin care and home care by 9 per cent as an act of passing on the benefits of the recent reduction in GST rates to the consumer. The FMCG major made the announcement a day after …
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November 22, 2017 -
Delhi High Court questions 12% GST on sanitary napkins
The Delhi High Court on Wednesday questioned the central government’s decision to impose 12 per cent tax on sanitary napkins under the GST regime, saying it has exempted “bindi, kajal, sindoor” which seem more essential than sanitary napkins. The court said the government needs to look towards reducing GST on sanitary napkins as it has …
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November 16, 2017