HUL to acquire Indulekha and Vayodha brand for Rs 330 crore
FMCG major HUL will acquire premium natural haircare brands Indulekha and Vayodha from Mosons Group for Rs 330 crore in order to strengthen its personal care business. The post HUL to acquire Indulekha...
View ArticleString theory: Patanjali, not Maggi, will soon be top noodles brand, says Ramdev
Yoga guru Baba Ramdev said that Patanjali's atta noodles is on course to overtake Maggi as the top noodles brand in the country in the next few years The post String theory: Patanjali, not Maggi, will...
View ArticleHUL Q3 net profit drops 22%; phasing out of excise incentives, price...
HUL's net sales were up 3.21% to Rs 7,822.86 crore during the third quarter ended December The post HUL Q3 net profit drops 22%; phasing out of excise incentives, price de-growth weigh appeared first...
View ArticlePatanjali riding on Ramdev’s image, not products: Adi Godrej
Patanjali is doing well by leveraging its founder Ramdev's image and selling "simple products like ghee and honey", but is still small in the value-added segment, Godrej Group Chairman Adi Godrej said...
View ArticleIndian companies’ revenues to hit 2-year high of 8% in Apr-Jun quarter: Crisil
Rating agency firm says aggregate topline to be mainly driven by export oriented units like IT sector The post Indian companies’ revenues to hit 2-year high of 8% in Apr-Jun quarter: Crisil appeared...
View ArticleITC Q1 net profit grows 10% to Rs 2,385 crore
Net sales of the Kolkata-based company moved up 8.28 percent to Rs 13,156.68 crore The post ITC Q1 net profit grows 10% to Rs 2,385 crore appeared first on Firstpost.
View ArticleGST impact: Cars, FMCG items to get cheaper; services will become expensive
Luxury cars, FMCG products, consumer durables, electronics items and readymade garments will become cheaper once GST is rolled out next year, but mobile phones, banking and insurance services,...
View ArticleCopyright case: ITC gets relief, Delhi HC asks Britannia to stop selling its...
The injunction order passed by justice S. Muralidhar gave Britannia four weeks time to take out existing stocks The post Copyright case: ITC gets relief, Delhi HC asks Britannia to stop selling its...
View ArticlePatanjali to launch ‘Swadeshi’ jeans soon, exploring global markets with FMCG
Ramdev said Patanjali will be setting up its biggest unit on a 40-lakh sqft at Mihan in Nagpur, which will be bigger than its first unit at Haridwar and biggest in the country. The post Patanjali to...
View ArticleDisrupt or change your business if you want to be relevant
Conversational commerce is making a strong entry into retail, with the advent of chatbots and voice driven devices such as the Amazon Echo, and Virtual Reality/Augmented Reality The post Disrupt or...
View ArticleAs festival sales continue, Flipkart and Amazon in war of words over selling...
Festival sales are expected to help e-commerce companies register transactions worth $1.5-1.7 billion in October alone The post As festival sales continue, Flipkart and Amazon in war of words over...
View ArticleHUL’s Jul-Sep quarter net profit jumps 11.54% to Rs 1,095.6 crore
HUL's total income from operations went up by 1.57 percent to Rs 8,480.26 crore during the quarter under review as against Rs 8,348.6 crore a year ago The post HUL’s Jul-Sep quarter net profit jumps...
View ArticleGST Council to discuss tax rates, dual control in crucial meet on Thursday
With barely a fortnight left for Parliament's Winter Session, the GST Council will begin its crucial 2-day meeting on Thursday to decide on tax rate including the levy of cess and sort out the vexed...
View ArticleNestle India counters Ramdev’s charges, reaffirms ‘Indianness’
Nestle India today said its commitment to India will be "unwavering" with a history of over 104 years of presence in the country and described itself as "99.9 percent" Indian The post Nestle India...
View Article