Fast Moving Consumer Goods

According to data from the retail intelligence platform, sales of fast-moving consumer goods companies jumped in comparison to last year but categories like home care and personal care witnessed a downtrend.

Innovation is key to put FMCG growth on fast track: Experts

"One of the drivers of growth for the industry in the next 5 to 10 years is innovation. We, as a sector, haven't innovated enough. The biggest innovation has come from people outside the traditional FMCG marketers," said Marico Managing Director and Chief Executive Officer Saugata Gupta.

Budget reinvigorated FII interest; like BFSI, FMCGs: ICICI Sec

The FIIs eagerly await the monetary policy on February 8, where they expect a rate push to facilitate the economic growth the Budget envisions, Shilpa Kumar, MD and CEO, ICICI Securities.

FMCG firms to see 5-6% drop in bottomline due to note ban

Fast moving consumer goods companies are likely to report a 5-6 percent drop in net profit during the third quarter due to the hit on sales that they witnessed post-demonetisation drive, says a brokerage report in the run-up to the earnings season beginning this week.

Q2 shows near-term volumes bottoming out for FMCG cos: Religare

Varun Lohchab sees a same store sale growth (SSSG) at 5-6 percent for the next year for Jubilant Foodwork. He adds that Jubilant's growth in the second quarter has come at the cost of margins.

GST rate for paints, home products may be 18%: Edelweiss Sec

Abneesh Roy of Edelweiss Securities expects the rate for home, personal care and paints to be around 18 percent. More clarity is needed on GST rates before any clarity is needed.

Panel gathers to set GST rate

The long-delayed tax, which would transform Asia's third-largest economy into a single market for the first time, should boost revenues through better compliance while making life simpler for businesses that now pay a host of federal and state levies.

Religare Cap sees 25% rise in 1 year post 'healthy correction'

The combination of factors such as passage of Goods and Services Tax, implementation of Seventh Pay Commission, besides a good monsoon and the central bank cutting rates is likely to trigger earnings recovery for companies going ahead, according to Gautam Trivedi, Managing Director and Chief Executive of Religare Capital Markets.

Buy Asian Paints, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com recommends buying Asian Paints.

Refrain from putting fresh money into markets: Ambareesh Baliga

The markets have run up quite sharply and a correction is likely, he says. He recommends retail investors should look to invest with a long term perspective or else bottom up stock picking.

AGM report: HUL to take on Patanjali through Ayurveda

The company's focus is on digitisation and sustainability as it is looking to scale up e-commerce business, particularly the natural and ayurveda space, reports CNBC-TV18's Priya Sheth.

Tough to gauge real step-up in demand until September: Marico

It is best to take a view on turnaround in demand conditions only around September by which time it will be clear if monsoons have panned out as expected, says Saugata Gupta, MD & CEO of Marico.

Savlon Takes its Hand Hygiene Programme to Masses at Simhasth Kumbh Mahaparv

Savlon Handwash Pledge for mothers a big hit among devotees at the Ujjain ...

Indian equity market likely to open in red on weak Asian cues

While US markets closed off session highs, indexes in Europe closed mostly higher. It's judgement day for five states in India; it could be a cliffhanger in Tamil Nadu, Mamata Banerjee is all set for a second-term in West Bengal and Congress might have to stare at a defeat in Kerala and Assam.

Patanjali toothpaste, shampoo eat into mshare of Colgate, Clinic

Patanjali's marketshare in the shampoo and toothpaste category has doubled over the last two years, reports CNBC-TV18's Priya Sheth.

FMCG, auto to gain from monsoon forecast, but hang on: Pioneer

Though the monsoon may not be as bad as last year, it will take at least three quarters for a good rainfall to actually translate into anything meaningful, says Sandeep S Shenoy,Strategist at Pioneer Investcorp.

HUL: A purpose-driven organisation

Skilltree Workplace Excellence sheds light on various facets of one of India's largest fast moving consumer goods (FMCG) company Hindustan Unilever Ltd (HUL).

Future Group to tie-up with Trent Hypermarket

With this, Future Group's private FMCG label sales are expected to touch Rs 20,000 crore by 2021.

Avoid pre-Budget buying; India will soon emerge as top EM: IIFL

Nirmal Jain, Chairman of IIFL, says investors should avoid pre-Budget buying as there could be greater opportunity post the Budget announcement due to worsening global conditions.

Govt should up rural spend to boost FMCG sector: Britannia

Varun Berry, MD, Britannia, says the government should increase rural spending and work for better yields in agricultural output

Investing Rs 300 cr on capex; need to regain Maggi sales: Nestle

Suresh Narayana, new Managing Director of Nestle India, says there is an urgent need to get Maggi sales back to the same levels.

Most negatives for ITC discounted; bullish on Titan: SocGen

Nitin Mathur, Emerging Markets Consumer Research, Societe Generale, feels United Breweries and United Spirits are expensive, and that the problems in Nepal are a one-off risk for Dabur.

Domestic FMCG firms outpace MNCs in growth, m-cap: Report

Domestic FMCG companies' revenues have registered a 21 percent CAGR over 10 year from fiscal 2005-06 to 2014-15, while their profits have come at a 24 percent CAGR.

Worst over for ITC, earnings, volume to improve: CIMB

Lohchab is of the view that advertising and promotional spends will continue to rise due to increasing competition and lower demand.

Corporate topline growth to pick up Q3 onwards: Kotak MF

Upadhyaya says topline growth was sluggish and will remain so for another quarter. He is hopeful of it picking up from the December quarter onwards.