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AGARBATTI COMPANIES
ITC shares fall 2% after Q4 results. What Goldman Sachs, Morgan Stanley and others are saying?ITC shares slipped on Friday despite a 5% rise in Q4 standalone profit and strong FMCG growth. Brokerages remained cautious, with Goldman S...
ITC Q4 Results: Profit rises 5% YoY to Rs 5,113 crore; Rs 8/share dividend declaredITC reported a 5% year-on-year growth in its standalone net profit to Rs 5,113 crore for the March-ended quarter. Revenue from operations r...
Rs 13 lakh cash payment for credit card bill triggers tax notice; man wins case after ITAT accepts ‘family gift’ explanationA Mumbai man faced a tax notice for using Rs 13 lakh cash to pay his credit card bill. He explained the cash as gifts from his wife, father...
In a volatile market, odds do favour contrarians, but only if they have an edge: 4 stocks from different sectors with dividend yield of up to 5.8%When a fundamentally strong business is available at 4% dividend yield, the probability that you will have both dividend and the capital ga...
Unconventional ways during war and uncertain times: 4 stocks with dividend yield of up to 5.9%A high dividend yield by itself is not a sign of safety. Sometimes, a stock yields more only because the price has collapsed for a valid re...
Kumbh Mela: India Inc. turns holy dips into marketing goldminesCompanies are spending 70% of their marketing budgets on the Kumbh Mela, focusing on six holy dips. They are using digital innovation, soci...
Brand bazaar lights up road to AyodhyaCompanies like Coca-Cola, Reliance, ITC, and Emami are rushing to get maximum visibility for their products in Ayodhya, ahead of the Ram te...
Bengaluru-based incense manufacturer Ullas Agarbatti promises to evolve with changing timesEstablished in 1978, the brand has become synonymous with quality in the fragrance industry.
Hrithik Roshan to endorse Mysore Deep Perfumery House’s dhoop brand ‘Manthan’As part of the deal, Roshan will feature in Manthan Dhoop’s new brand campaign, ‘Manthan Zaroori Hai', which will be aired across TV and di...
Agarbatti makers wield strong growth despite places of worship shuttered due to Covid“Consumers experienced divinity of temples in their homes,” said Ravi Rayavaram, chief executive - agarbatti and matches business at ITC Lt...
Customs officials seize 161.94 tonnes of incense sticks from Vietnam at Chennai portIn an attempt to escape paying required taxes, the company – Indian Agarbatti Manufacturers, Bangalore – declared the goods to be joss powd...
Covid-19 Impact: Cycle Pure Agarbathies holds back prayer product launches to shift focus on hand sanitisers“Once supply chain opens, we will retail our hand sanitisers nationally. We will also launch liquid soaps and home care products like clean...
Branded agarbatti companies rework models amid slumpAgarbatti companies recently introduced fragrances such as apple and pineapple, neem-based mosquito repellants and no-smoke ones for asthma...
Constructing product pipeline between India and Myanmar to transport petroleum: Assam industry ministerPatwary said the capacity of two refineries Numaligarh Refinery and Bongaigaon Refinery is augmented following which Indian export petroleu...
After mats and liquid Godrej targets mosquito repellant incence marketThe company is expecting to establish its presence in the mosquito repellent agarbatti market, currently dominated by the unorganised secto...
ITC appoints new CEO for agarbatti & safety matches businessAs per Rayavaram's Linkedin profile, he was earlier the head of freshness and hygiene verticals in the conglomerate's personal care busines...
ITC’s non-cigarette FMCG sales cross $2-billion mark in FY17ITC's 25 FMCG brands spanning packaged food, personal care, education and stationary products, apparel, agarbatti and safety matches regist...
ITC set to make foray in home workship marketIt has brought out packaged sambrani or dhuno, dhoops and combo packs of agarbatti stands, diyas and candles, along with its line of Mangal...
- Dabur to enter aroma products market by expanding portfolio of 'Odonil'
Dabur is gearing up to enter the Indian aroma products market by expanding the portfolio of its existing air freshener brand 'Odonil'.
- ITC to stick out with its incense biz
The $5-billion-plus diversified company, ITC, plans to blaze a new trail in picturesque North-east with its homegrown brand of incense stic...