Apr 12, 2013 01:57 PM IST
The uptick seen in February industrial output (IIP) data indicates that the Indian economy is stabilising, believes Samiran Chakrabarty, head of research, Standard Chartered Bank.
- Mar 22, 2013 06:36 PM IST
Processed foods maker Nestle India on Friday said it has increased its royalty rate to 4.5 percent from earlier 3.5 percent of sales.
- Mar 18, 2013 01:38 PM IST
There may have been some slowdown in discretionary spends by consumers, growth across Godrej Consumer Products' key categories -- personal care, hair care and household insectisides -- remains strong, according to a top company official.
- Feb 28, 2013 06:30 PM IST
Smokers get ready to pay more. Excise duty on cigarette has been increased by 18 percent in the Union Budget for 2013-14.
- Jan 21, 2013 05:44 PM IST
Hindustan Unilever, the largest consumer goods company in India, will report earnings for the Oct-Dec quarter on Tuesday. Its rival ITC last week reported better-than-expected results, aided by price hikes in cigarettes and a strong growth in its non-cigarette FMCG business.
- Jan 12, 2013 12:44 PM IST
Fast moving consumer goods majors in India are expected to report strong double-digit earnings growth in Oct-Dec, helped by helped by a surge in demand during the festivals, price hikes taken by some companies during the quarter and decline in cost of several raw materials.
- Dec 28, 2012 11:01 AM IST
Investors continued to chase FMCG shares despite concerns that valuations did not justify the high stock prices. Even as the broader market picked up in the second half on hopes that economic reforms would gather steam, investors continued to lap up consumer goods stocks, betting on growing consumption theme.
- Nov 30, 2012 01:10 PM IST
Angel Broking has come out with its rollover report of November-December 2012. According to the research firm, PSU banking majors SBIN (80.55%) and PNB (82.47%) have witnessed meaningful formation of short positions in last series and have now seen good rollover of it.
- Nov 12, 2012 01:00 PM IST
Siddhartha Sanyal of Barclays Capital describes the contraction in IIP as a shocker. He was expecting a better number, taking into consideration the decent core IIP number.
- Oct 31, 2012 10:00 PM IST
The new rules for packaging for consumer goods that were passed by the parliament last year will finally be applicable from tomorrow. Products across 19 categories will now have to conform to set pack sizes. As a result of the new rules prices of most consumer goods will go up by 5-10 percent, reports, CNBC-TV18's Pavni Mittal.
- Oct 29, 2012 11:57 AM IST
Hindustan Unilever shares extended Friday's losses on concerns of volume growth pressures and poor performance in some segments like packaged foods. Also, Jefferies downgraded it to "underperform" from "hold" on Monday, flagging rich valuations, which put further pressure on the stock.
- Oct 26, 2012 03:45 PM IST
India's largest fast moving consumer goods maker Hindustan Unilever beat street expectations with a net profit of Rs 807 crore, up 17% year-on-year in the second quarter. However, shares fell 2% as total income grew lower-than-expected 13% at Rs 6,311 crore.
- Oct 26, 2012 02:00 PM IST
Consumer goods maker Dabur India's second quarter consolidated net profit rose 16% year-on-year to Rs 202 crore, helped by strong growth in personal care and foods businesses and higher other income.
- Oct 26, 2012 10:08 AM IST
India's largest fast moving consumer goods maker Hindustan Unilever is expected to report a strong growth in the second quarter, helped by 8-9% volume growth, price hikes in some categories benign raw material costs and controlled advertising spends.
- Oct 22, 2012 02:32 PM IST
Why there will be no TAM ratings for 9 weeks, new packaging norms will make consumer goods more expensive and will the spate of new car launches accelerate growth for auto companies.
- Oct 15, 2012 09:43 AM IST
Most fast moving consumer goods companies are expected to report a steady double-digit revenue growth in the July-September quarter, with no signs of a slowdown, especially in the daily consumption products, while softer raw material prices will drive margins.
- Oct 12, 2012 08:59 AM IST
August industrial production is expected today. A CNBC-TV18 poll indicates that the industry may have grown very marginally just close to about 1 percent versus a figure of 0.1 percent that in the previous month, reports Latha Ventakatesh.
- Sep 05, 2012 01:15 PM IST
Nitin Mathur of Espirito Santo Securities said they have downgraded the consumer sector on the back of slowing GDP and wage inflation. Although, the volume growth reported by staple companies remains strong, discretionary growth is starting to show signs of slowing down, added Mathur.
- Aug 24, 2012 09:49 AM IST
A Rs 20 pack of popular biscuit brand Parle-G has a weight of 338.4 grams, a Cinthol soap priced at Rs 27 weighs 92 grams. But soon this will all change as new standard packaging norms mooted by the government come into effect from November 1 and there will be no arbitrary packaging.
- Jul 23, 2012 04:57 PM IST
Dabur India's first quarter consolidated net profit rose 16% year-on-year to Rs 149 crore, helped by strong demand for consumer care and food products.
- Jul 09, 2012 03:27 PM IST
Fast moving consumer goods companies are expected to report on average around 20% year-on-year sales growth in the Jan-March quarter, helped by some softening of input costs and price hikes.
- Jun 13, 2012 09:30 AM IST
China's copper imports surged in May, rising 65% over the previous year and fueling hopes of a pickup in growth for the world's second-largest economy. But experts say that the country's appetite for the industrial metal is "opportunistic" and doesn't reflect economic fundamentals.
- May 08, 2012 10:25 AM IST
Consumer goods major Reckitt Benckiser said it expects the Indian operations to become its biggest market globally in terms of revenue in the next 3-5 years.
- Mar 13, 2012 04:54 PM IST
Aditya Birla Money has come out with its report on Index of Industrial Production (IIP) January 2012. According to the research firm the manufacturing sector which constitutes around 76% to industrial production has shown a strong rate of growth compared to previous year.
- Mar 12, 2012 05:36 PM IST
CRISIL Research has come out with its report on Index of Industrial Production (IIP), January 2012.