Cigarette stocks jump on reports of price hikeGodfrey Phillips gained 20% to close at Rs 999, Golden Tobacco rose 9.01% to close at Rs 65.95 and VST Industries rose 7.45% to Rs 2385.95.
Akzo Nobel to show higher earnings growth soonAkzo Nobel will show higher earnings growth as it made significant investment to increase manufacturing capacities & workforce & to strengt...
- Hindustan Unilever Limited to launch hair care brand TRESemme in India soon
Unilever will launch its premium hair care brand TRESemme in India to target salon-frequenting consumers in the urban market.
- Pantaloon Retail India Q4 net profit down 76 per cent at Rs Rs 12.03 crore
Pantaloon Retail India (PRIL) posted a 76% decline in net profit at Rs 12.03 crore in its core retail business during the third quarter end...
- Pfizer India stocks rise 6 per cent on infant nutrition business sale news
The news of Pfizer selling its infant nutrition business to Nestle for $11.85 billion send its Indian unit's shares up by about 6% in intra...
HUL's ad compares prices of Rin & P&G's Tide, asks consumers to choose the better brand"The ad is totally factual and represents the price of two brands & helps consumers to make an informed choice," said an HUL's spokesperson.
- Wipro consumer care buys Aramuska and Moloy from VVF from undisclosed amount
While Wipro Consumer and VVF refused to disclose the deal value, experts said that the deal could have cost the Wipro a total of about Rs 2...
- Wipro buys Aramusk, Moloy from VVF
Wipro Consumer Care & Lightning has bought two soap brands - Aramusk and Moloy – from Mumbai based VVF Ltd to strenghten its position in th...
- Unilever launches Knorr noodles in Pakistan, Sri Lanka
Consumer products firm Unilever plans to take Knorr soupy noodles to global markets, particularly emerging and developing countries.
- Price war between MNCs, growth of Ghari threatens small detergent with washout
A price war between MNCs and rapid growth of the Ghari brand across the country have washed hundreds of regional detergent brands out of th...
- Investors take a huge puff of cigarette companies; stocks gain upto 9% post-Budget
Market is betting big on cigarette companies after the FM proposed to leave the excise duty on tobacco unchanged, sparing the industry from...
- Agro Tech sells Rath brand to Cargill
Agro Tech Foods announced that it had sold off its Rath vanaspati brand to edible oils maker Cargill India for an undisclosed amount.
- Pricing power returning to FMCG: Anand Mour, Indiabulls Securities
The last 2 quarters have seen better volume growth in this industry.
- Adani Wilmar to enter branded commodity market
The makers of Fortune edible oil, Adani Wilmar Limited, are planning to enter branded commodity segments, including rice and pulses, under ...
- Multinational food companies eye Indian market
India is at the centre of attention of consumer products multinationals such as Unilever, Nestle, Procter & Gamble, GlaxoSmithKline, Kellog...
- GSK a top pick in the FMCG space: Anand Mour, Indiabulls Securities
Anand Mour, Analyst, Indiabulls Securities, in a chat with ET Now gives his outlook on the FMCG space.
- Puffing ITC non-filter cigarettes to cost dear
The company would only look at a price hike if the conversion rate to filter cigarettes is quite low.