Dec 01, 2016 03:00 PM IST
The integrated consumer goods manufacturing facility is being built on an area of 700,000 sq ft at Khordha district in Odisha. The firm will roll out ITC's food brands like Aashirvaad, Bingo, Sunfeast, YiPPee! from the unit, a company statement said.
- Nov 09, 2016 12:11 PM IST
The unexpected ban on Rs 500 and Rs 1000 notes could affect, at least temporarily, the sales of premium consumer goods that are mostly paid for by cash.
- Oct 21, 2016 07:52 AM IST
Consumer goods companies have been grappling with slowing volume sales over the past year, hit by falling household spending across the world, fierce competition from retailers' own-brand products and economic weakness in emerging markets.
- Oct 14, 2016 09:33 AM IST
Rising input costs and consequent jump in skincare product prices translated into weak sales numbers for the third quarter for Unilever, much in line with analysts‘ expectations. A post-result presentation by parent Unilever Plc cautioned there could be one more quarter of pain.
- Aug 04, 2016 02:55 PM IST
GST will help India become a big unified market, says Kishore Biyani, CEO of Future Group, adding, the company will benefit the most.
- Jul 28, 2016 11:39 AM IST
"India has been a great story for consumer goods in medium to long-term," he tells CNBC-TV18, adding there is a lot of headroom to grow for more nascent categories.
- Jun 15, 2016 11:05 AM IST
The house is upbeat on the financials, capital goods and engineering spaces but bearish on consumer goods and pharma space, Anish Damania, CEO & Head-Institutional Equities, IDFC Securities.
- Nov 26, 2015 07:50 AM IST
"Over the past decade, India's consumer market has generated plenty of interest among investors, most notably the size of the population, prospects for rapid growth in real incomes and better provision of financial services," Shilan Shah, an India economist for Capital Economics, said in a recent note.
- Aug 06, 2015 11:51 AM IST
US private job growth slowed in July, but a surge in services industry activity to a near-decade high suggested solid economic momentum that strengthens the case for a Federal Reserve interest rate hike this year.
- Jul 13, 2015 11:55 AM IST
A Prasanna of ICICI Securities expects June CPI to come in at 5.06%. According to him, if food inflation continues to be benign, then even if monsoon is below expectation, RBI will take some comfort.
- Jul 10, 2015 05:38 PM IST
The index of industrial production (IIP) for the month of May came in at 2.7 percent, falling from 4.1 percent, led by a sharp fall in capital goods and consumer goods data.
- May 25, 2015 09:39 PM IST
"The Modi government is very growth oriented, very reform oriented, so I believe they'll do good work. But of course, we have a raucous democracy. Nothing moves as fast as one would like to, just by clicking one's fingers. But I expect we'll do very well," says Adi Godrej
- May 14, 2015 09:14 AM IST
The next round of positive trigger will be both the houses of the Parliament passing the Land and GST Bill, says Sandeep Bhatia of Kotak Institutional Equities. Another positive will be if BJP does well in Bihar. Even an RBI rate cut will be a short lived positive for the markets, he adds.
- Jan 02, 2015 10:45 AM IST
HSBC India Purchasing Managers‘ Index (PMI) â€” a composite indicator designed to give an accurate overview of manufacturing operating conditions â€“ climbed to a two-year high of 54.5 in December, up from 53.3 in the prior month.
- Dec 30, 2014 09:57 PM IST
India's consumer story has just about managed to hold its head above water through 2014. But the coming year promises to be one of hope, with experts pointing to double-digit growth for the sector.
- Nov 24, 2014 03:36 PM IST
Ambraesh Baliga, a market expert believes the Crompton Greaves stock has been correcting sideways. He has been positive on the stock at Rs 120. He feels it is time again to start buying the stock on the back of recent newsflow.
- Sep 01, 2014 03:12 PM IST
The HSBC India Manufacturing Purchasing Managers' Index (PMI), a measure of factory production, eased to 52.4 in August from 53 in July, registering a moderation in manufacturing activity, though remaining "solid".
- Jan 02, 2014 04:22 PM IST
The HSBC India Manufacturing Purchasing Managers' Index (PMI) - a measure of factory production - dropped slightly from 51.3 in November to 50.7 in December.
- Nov 18, 2013 10:34 AM IST
China's CSI300 index of leading Shanghai and Shenzhen A-share listings rose 1.25 percent by 0200 GMT after it clocked its biggest percentage gain in two months on Friday, while the Shanghai Composite gained 1.1 percent.
- Jul 29, 2013 02:37 PM IST
Market may be drifting downwards as it has to factor in the impact of RBI steps and corporate earnings, says Rashesh Shah, chairman and CEO of Edelweiss Financial Services.
- Jul 12, 2013 10:09 PM IST
Samiran Chakraborty, head - research (India) Standard Chartered Bank says, in an interview to CNBC-TV18, that CPI inflation will impact the market more than the dismal rate of industrial growth.
- Jul 05, 2013 05:01 PM IST
Jyothy Labs is increasing ad spends to 10-12 percent. It will also expand Henkel brands, which were predominantly urban, into semi-urban and rural areas, while Jyothy's brands will be pushed more into the urban markets and modern trade.
- May 20, 2013 12:21 PM IST
Standard Chartered Securities analyst Sanjay Singh says ITC's Q4 results were in-line with his expectations and the other FMCG business turning profitable surprised. The brokerage, meanwhile has downgraded Titan Industries to 'in-line.'
- May 10, 2013 11:34 AM IST
March IIP reading of 2.5 percent has raised hopes that the worst may be over for the economy, but economists have cautioned that a full fledged recovery may be some way off.
- Apr 30, 2013 11:53 AM IST
Shares of most fast moving consumer goods companies gained 2-7 percent on Tuesday morning, buoyed by Anglo-Dutch Unilever's voluntary open offer to raise stake in the domestic market leader Hindustan Unilever.