Commodity Costs

MD of Thermax believes that shrinking margins, increasing competition and commodity costs affect all, but they are ‘better placed than other companies in the capital equipment segment.’

FMCG cos hike prices even as mkt debates a likely slowdown

Even as there is a talk of a possible slowdown in consumer spending amid continued high inflation and the stock markets are in turmoil, FMCG companies have been slowly raising product prices, especially in soaps & detergents and personal care products.

Strong sales power Hero Honda Q1 net up over 13% yoy

Hero Honda Motors' first quarter net profit rose 13.5% from a year ago to Rs 557.89 crore, boosted by strong growth in sales volumes. Revenue of India’s largest two-wheeler maker accelerated 32% year-on-year to Rs 5,683.33 crore.

Positive breakout for market on cards, says PN Vijay

PN Vijay, Portfolio Manager, tells CNBC-TV18 that the market is most likely to breakout of the tight range it is stuck in, on the positive side.

Coca-Cola to raise prices in July

Coca-Cola Co plans to raise prices on its soft drinks by 3% to 4% in July, in addition to a 2% increase taken earlier this year, a company spokesman said on Friday.

PepsiCo cuts growth goal for second time

PepsiCo Inc cut its full-year earnings growth target for the second time on Thursday, citing higher commodity costs, a difficult economy and investments in emerging markets.

Unilever confident of coping with higher costs

Consumer goods giant Unilever is confident about dealing with soaring commodity costs and competition, as it beat forecasts with a 5.1% rise in underlying fourth-quarter sales on Thursday.

Unilever likely cautious on 2011 after strong Q4

Consumer goods giant Unilever Plc/NV is set to report on Thursday a strong end to 2010, while striking a cautious note for 2011 due to soaring commodity costs and tough rivalry in emerging markets.