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New troubles pile on FMCG majors as they await consumption uptick
For most of the ongoing financial year, i.e. FY24, fast moving consumer goods players have been wai…
FMCG majors all set for a comeback against locals this year
For FMCG majors, the year of 2023 has been a mixed bag. While easing commodity prices reduced stres…
India Inc’s wage bill growth halves in Q3, close to decadal lows
The age of sharp salary hikes seems to be over. India’s top 500 listed private companies’ wage grow…
India Inc marks slowest quarterly revenue growth in January-March 2024: Crisil
Corporates in India have likely logged a 4-6 per cent revenue growth in the January-March quarter, …
ANI
Slowdown in FMCG market bottomed out, rural markets show signs of improvement: HUL
FMCG major Hindustan Unilever on Thursday missed market expectations with a 10% rise in net profit …
Amidst slowdown, noodle and biscuit sales see an uptick in rural areas
Even as FMCG sales growth has been moderating on a sequential basis, sales of noodles and biscuits …
Price cuts might not bring in volume growth for FMCG majors in Q2 say analysts
It might be a slow second quarter for FMCG companies with hazy volume recovery and tapering raw mat…
Nifty50 set to clock 10% increase in profit in Q3; banks likely to outperform
Yet another earnings season has begun, as always, with IT services companies reporting a mixed set …
Rural recovery underway says Morgan Stanley
Rural economy is all set for a rebound as per readings from four key indicators – employment, credi…
Industrial, warehousing space demand falls 12% in September quarter in 5 cities: Colliers
During the January-September period, the demand fell 4 per cent to 17.2 million square feet fro…
PTI
smallcase launches its maiden campaign to reach out to first-time investors; encourages them to invest in ideas and growing sectors
smallcase is reaching out to millions of new investors who have recently opened Demat accounts
Adani Wilmar’s Angshu Mallick on edible oil prices, rural consumption patterns and outlook for Q2FY23
FMCG major Adani Wilmar announced its quarterly results recently. Its earnings reflect how rural co…
White-collar hiring sees 8.6% decline in September says Naukri report
White-collar hiring witnessed an 8.6 per cent annual decline in September, following a negative tre…
PTI
No festival cheer ahead for Fortune Oil’s rural sales, says Adani Wilmar CEO
“Demand in the first quarter has not grown. It has actually shrunk because of the very high pric…
HUL Q3 net profit rises 12% YoY to ₹2,505 crore – rural slowdown ‘bottoming out’, says company
India’s largest FMCG player Hindustan Unilever on Thursday met analyst expectations with a 12% year…
ITC's FMCG biz records 21% rise in annual consumer spend in FY23
Diversified conglomerate ITC's FMCG business has recorded a 21 % rise in annual consumer spend to n…
PTI
ITC’s marketcap is back to ₹4 lakh crore after a 5-year gap
Shares of Kolkata-based FMCG-to-cigarette conglomerate have surged 47% in 2022 led by strong financ…
India auto sales seen rising 7-9% in FY24: Passenger & commercial vehicles to drive demand
The Indian auto industry is expected to register a sales volume growth between 7-9% in FY24, buildi…
Explained: Will thematic funds continue to be attractive in 2024?
Between October 2022 and October 2023, the assets under management (AUM) of sectoral/thematic funds…
Union Budget 2022-2023: Here’s how FMCG brands reacted to the budget
How will Union Budget’s boost to rural farming and infrastructure propel growth for FMCG companies