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CONSUMER PRODUCTS BIZ
Government forwent Rs 1 lakh crore via excise duty cuts to shield consumers from fuel inflation: FMIndia's Finance Minister Nirmala Sitharaman explains recent fuel price increases are market-driven by oil companies. She noted the governme...- 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...
- ‘Log ab thali nahi bajayenge’: Entrepreneur says austerity measures won’t work in long run, warns rupee may crash to Rs 150 against dollarJayant Mundhra, founder of Biz News+, warns India's rupee could fall to Rs 150 against the US dollar due to heavy import reliance. He argue...
- Trip down memory lane: Module price rise could moderate in H2The new projections counter previous estimates about memory prices continuing to peak every quarter for consumer electronics brands. They f...
- From setbacks to second wind, what next for Ola and Bhavish Aggarwal?Ola Electric is struggling to revive its position after a sharp fall in market share, financial stress and operational challenges. Founder ...
- Alia Bhatt signs with Myntra to tap Gen Z in booming beauty segmentMyntra has appointed Alia Bhatt as the face of its platform and beauty business. This move aims to deepen engagement with Gen Z and millenn...
- India’s ‘Lush’ green market is the new battleground for global beauty giantsInternational beauty brands are changing their India strategy. They are now focusing on online sales and reaching customers beyond major ci...
- Reliance Retail Ventures to invest Rs 300 crore in FMCG businessReliance Retail Ventures is investing Rs 300 crore in its newly-formed fast-moving consumer goods (FMCG) business, Reliance Consumer Produc...
- Raymond FMCG biz sale: Stock hit fresh 52-week high, jumps 50% in one monthGodrej Consumer Products has acquired the FMCG business of Raymond, which includes the brands Park Avenue and KamaSutra, for Rs 2,285 crore...
- Expect 15% growth by end of FY 18: Vir Advani, MD, Blue Star"There is a great opportunity in tier two, tier three and tier four markets. We see very strong demand in those areas."
- Buy on Arvind with a target at Rs 329: CLSAIt is the best play on India's fast-growing branded-apparel market, said the CLSA note.
- CAIT launches e-lala.biz, enters ecommerce spaceCAIT has entered the ecommerce space with the launch of e-lala.biz, a portal that gives merchants a platform to interact with consumers.
- HSIL forays into consumer products biz with Groupe AtlanticSanitaryware firm HSIL announced its foray into consumer products business with France's Groupe Atlantic by launching a range of water heat...
- Crompton Greaves plans to demerge its Consumer Products biz; shares rallyGautam Trivedi of Religare Capital Markets said that Crompton Greaves is one of their top picks and they have a target price of Rs 235 on t...
- Microsoft mentoring Indian start-upsMicrosoft is eyeing Indian start ups with potential to influence life of consumers and groom them so that they are fit to stand out in the ...
- Shopper's insight is the moment of truth todayThere are two moments of truth that any brand wants to win with the consumer-when she buys and when she uses the product or solution.
- Videocon eyeing Philips' consumer products biz in IndiaDiversified conglomerate Videocon Industries is understood to be making moves to acquire consumer electronics business of Philips India.
- Tech MNCs don mentor hat, give start-ups low-cost toolsMS, Google, Intel & Cisco are increasing support system to leverage Indian start-ups by providing them free tools, applications and technol...
- Godrej to merge consumer goods bizMove To Help Cut Costs & Increase Efficiency; Group To Consolidate Supply Chain
- Godrej group cos' merger clearedIn a move to consolidate its operations, the board of consumer products major Godrej Consumer Products has approved the merger of two group...
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