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FOREIGN FMCG COS
That AC or fridge you were planning to buy just got more expensiveConsumers in Kolkata will experience 2-5% price hikes on electrical goods due to factors like high inflation rates in copper and aluminium,...- Rupee depreciation: Winners and losersTypically, net exporters, remittance receivers, or those with dollar incomes will gain, while net importers will get hit, when the currency...
- SGX Nifty down 35 points; here's what changed for market while you were sleepingAsian stock markets opened mostly lower on Wednesday as the global market tried to digest the crisis at Chinese property giant Evergrande. ...
- Market Movers: What changed for D-Street while you were sleepingNifty technical charts are giving traders some reasons to cheer.
- What changed your markets while you were sleepingLet's check out what all might matter to Dalal Street all through the day.
- “It is time our top banks, insurance, FMCG cos are owned by Indian investors, not foreign funds”“In India, the largest bank, insurance co, FMCG or telecom co, all are majority owned by foreign pension funds.”
- Big Retailers like ITC, Nestle & Coca-Cola cry foul over Amazon’s ‘ambush’“We will not allow ambush marketing at any cost,” said Kishore Biyani, founder of Future Group, the country’s largest brick-and-mortar reta...
- Sensex closes at 26,314 down 106 points; Nifty ends below 7900 levelsTracking the momentum, the S&P BSE Sensex also closed in red, led by losses in FMCG, auto, realty and capital goods stocks.
- Profit booking hits Dalal Street, Nifty falls from record highs; top betsNifty index slipped in red after hitting record highs earlier in the session on Wednesday, led by losses in ONGC, PNB, Bank of Baroda, IDFC...
- Rupee may remain volatile in near termThe Rupee has depreciated by ~7.0 per cent since the start of May (from 53.81 per dollar on April 30 to 57.55 a dollar on June 14).
- Foreign FMCG cos gain ground over domestic rivalsMultinational consumer goods makers in India have increased their hold over the market in the quarter ended September, reversing a decade-l...
- Heard on the street: Oil marketing companies on a roll as FIIs stock upShares of oil marketing companies resumed their uptrend on Wednesday, after having paused for a breather in the previous session.
- FMCG cos may beat inflation in June quarterThe fast-moving consumer goods (FMCG) sector, one of the least affected sectors in the current economic slowdown, is expected to chart doub...
- Big retailers at loggerheads with MNCs over brandsA serious conflict is brewing between Indian retailers and multinationals over imports of global brands.
- Competition holds back FMCG from price hikeAmid mkt rumours that a price increase by HUL is expected in a few days, cos are unsure about what would transpire in reality. Biz Week in ...
- Do or Deo: Unilever smells big biz in AsiaIn the New World Odour, Asia smells the worst, says Unilever, suggesting it's time we Asians did something serious about it. Keeping custom...
- High inflation signals good times for FMCGCos registered much faster growth in profits during periods of high inflation (1994-98 and again from 2006 till date) compared with periods...
- Indian market not vulnerable to global slowdown: RBIThe huge forex reserves of $300 billion are being managed by the RBI as per the IMF guidelines. Gainers and Losers | World inflation in pics
- IIM-Bangalore summer job slots filled up in 4 daysFMCG majors like Hindustan Unilever and Coca-Cola offered foreign roles for summer internships at IIM Bangalore for the first time. Why go ...
- Desis beat MNCs in use of moneyFor every rupee invested, Indian FMCG cos generate Rs 4 worth of sales against Rs 1.5 generated by the MNCs.
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