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...
08 Oct, 2025, 12.29 AM IST
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...
27 Aug, 2025, 06.30 PM IST
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...
28 Jan, 2025, 02.58 PM IST
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...
03 Dec, 2024, 10.08 AM IST
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...
27 Feb, 2024, 08.42 AM IST
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...
19 Jul, 2022, 10.04 AM IST
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...
23 Dec, 2021, 11.56 AM IST
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',...
24 Aug, 2020, 09.15 AM IST
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
07 Jun, 2019, 06.48 AM IST
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'.
06 Jun, 2019, 10.15 PM IST
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,
24 Jul, 2018, 11.37 AM IST
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 ...
14 Feb, 2018, 11.31 PM IST
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...
04 Jul, 2017, 12.05 AM IST
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...
20 May, 2017, 01.11 AM IST
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...
27 Mar, 2017, 12.34 AM IST
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...
04 Nov, 2016, 08.32 PM IST
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.
03 Nov, 2016, 09.16 PM IST