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BEVERAGE MAKERS GST
Consumer goods majors eye stronger sales as inflation pushes both volumes and pricesConsumer goods companies anticipate stronger sales growth. Inflation from the West Asia conflict is expected to boost both product volumes ...- Global consumer companies stay bullish on IndiaGlobal consumer firms are seeing strong demand in India. Companies like Mondelez, Coca-Cola, Pernod Ricard, Reckitt Benckiser, and Carlsber...
- Consumer MNCs bullish on India, see business growth moving in fast laneDespite a mixed July-Sept quarter impacted by weather and GST disruptions, global consumer giants remain bullish on India. CEOs from major ...
- Dabur faces short-term sales dip in Q2 on GST cutsPackaged goods makers Dabur and Hindustan Unilever reported a temporary dip in sales during the September quarter. Consumers delayed purcha...
- Beverage makers seek 18 pc slab, removal of sin tax in new GST regime citing mass consumptionThe Indian Beverage Association requests a GST reduction on aerated drinks. They propose lowering it to 18 percent. This move aims to boost...
- How Budget 2025 can walk the tightrope of India's 'sins'Sin Tax Budget 2025: India’s plan to become a developed nation by 2047 requires a healthy workforce, but over 1% of GDP is lost to cigarett...
- ITC shares fall 3% as GST on cigarettes may be hiked to 35%ITC share price: Shares of companies like ITC and Godfrey Phillips fell as the GoM decided to increase GST on tobacco and aerated beverages...
- Coca-Cola brass to visit India this week with a 200-member teamCoca-Cola CEO James Quincey and a team of executives are visiting India to explore growth opportunities. They will meet government official...
- Pre-packaged food set to become dearer by 5-8%The levies come at a time when commodity costs had been cooling down, which had led companies to state they would not increase prices furth...
- CPI could rise 100-125 bps if GST rates raised as suggested by the finance commission: Report"We estimate that headline consumer price index (CPI) would rise by 100-125bps in the event of an effective 1percentage point(ppt) increase...
- Remove colas from sin tax: IBA writes to FM, GST Council; says tax treatment 'discriminatory'Aerated drinks are placed in the GST slab of 28% and levied a compensation cess of 12%. Terming the tax slab as 'discriminatory treatment',...
- A midsummer delight for cooling appliances and beverages companiesNation-wide heatwave and delayed monsoons hand in the best business in three years for cooling appliances and beverages companies
- Manpasand Beverages CMD willing to step down over alleged GST 'fraud'Manpasand Beverages CMD Dhirendra Singh has said he is willing to step down over the alleged GST 'fraud'.
- Liquor stocks rise as critical input left out of GST AmbitWhile liquor is not under the ambit of GST, analysts were expecting the government to include ENA,
- PepsiCo open to refranchising: Indra NooyiET had reported last week that RJ Corp, PepsiCo’s biggest bottler in South Asia, is keen on acquiring additional franchising rights of the ...
- FMCG companies resume stock supply post GST shift breakWhile some of the fresh stock is either priced lower or is coming with increased grammage, prices of some products will remain unchanged fo...
- Prices of soft drinks to increase 5-10%Rs 22,000-crore soft drinks industry is likely to be the hardest hit as the increase in taxes comes at a time when firms' capacity utilisat...
- Coke CEO-designate James Quincey may take up sugar tax with PM Narendra ModiThe proposed meeting, which is not yet confirmed, takes place just before the British-born executive assumes leadership of the world’s larg...
- Coke, Pepsi say clubbing fizzy drinks in luxury category 'disappointing'Both have been trying to push affordable packs in order to boost consumption in a category that's been posting back-to-back low single digi...
- GST rates: Walmart says progressive, cola makers cautiousThe GST council has approved a four-tier GST tax structure of 5, 12, 18 and 28 per cent that aims to lower tax incidence on most goods.
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