Costs that are currently deductible, as opposed to capital expenditures, which may not be currently deducted but must be depreciated or amortized over the useful life of the property.
While P&G's impending entry is a cause for concern, Citi feels it would be wrong to assume that Colgate would straight away lose market share.What Citi appears more worried is Colgate's expensive
The top aide to Canadian Prime Minister Stephen Harper abruptly resigned on Sunday over his role in an mounting expenses scandal which is threatening to undermine the Conservative government.
FMCG stocks have become extremely expensive after recent rallies. ICICI Direct advises to remain cautious about the sectors which is generally treated as defensive.