ITC shares rally nearly 10% in 2 sessions to cross Rs 500 markITC's shares soared nearly 10% in 2 days, surpassing Rs 500 and hitting a record Rs 510.60 on BSE. A 5% jump followed after the government ...
24 Jul, 2024, 03.50 PM IST
FMCG market: Budget misses out on immediate consumption revival boostRural markets have nearly two-thirds of all retail stores in the country and account for about 40% of FMCG sales in the country.
02 Feb, 2022, 01.41 AM IST
Budget 2022: No news on sin goods would be good news for ITCDuring the first two years of the pandemic, India’s household savings, which cumulatively used to range between 10-20% of income, is now la...
28 Jan, 2022, 05.33 PM IST
Don’t stock up on FMCG stocks, there's comfort in ferrous metals: Sunil SubramaniamThe ferrous metals pack is the more reliable pack. There are lesser technical inputs and closer linkage to world economic and infrastructur...
19 Feb, 2021, 02.53 PM IST
ITC firing on all cylinders. Will Q3 results come as a shot in the arm?Against all expectations, the government kept the cess and taxes on tobacco and cigarettes unchanged. ITC is the market leader in cigarette...
11 Feb, 2021, 10.10 AM IST
Barring valuations, FMCG companies could be back in favour: Anand TandonIf the frontline stocks stay in a range and midcaps and smallcaps were to move up, that would indicate a very healthy market, says Anand Ta...
25 Jan, 2020, 12.30 PM IST
Budget 2015: Private banks may outperform in the rally, says Ashwani GujralAs far as the market is concerned, we remain in the 8500-9000 band and post further consolidation here, we should move higher slowly.
01 Mar, 2015, 07.07 AM IST
Expect to see some changes in tax slabs in Budget 2015: Kaustubh Pawaskar, Sharekhan"I am not expecting big reforms in Budget 2015. I would be looking at the budget more from the consumer-specific perspective."
20 Feb, 2015, 04.14 PM IST
- Budget 2012-13 to create demand for senior professionals
The Union Budget 2012-13 is likely to create demand for senior professionals across sectors as economic activity in the country.
18 Mar, 2012, 01.08 PM IST
Excise duty hike of 12% on FMCG items to hit your pocketFinance Minister Pranab Mukherjee has hiked excise duty on soaps, diapers, toiletries and other fastmoving consumer goods (FMCG) to 12%.
17 Mar, 2012, 03.05 PM IST
Budget 2012: GST can't be implemented in this budget, says Harsh Mariwala, MaricoGST can't come on its own because we require help from other states in terms of the constitutional amendment bill which needs to be passed.
12 Mar, 2012, 01.30 PM IST
Budget 2012: Majority of staff expects tax exemption limit to Rs 3L, says a surveyA majority of employees surveyed expect FM to increase the IT exemption limit to Rs 3 lakh in the upcoming Budget.
11 Mar, 2012, 02.40 PM IST
Budget 2012 must focus on lowering inflation, no excise hike: Kimsuka Narsimhan, CFO, PepsiCo IndiaThe FMCG industry's key expectations from the Budget include consistency in fiscal policy to enable companies to plan for medium term.
02 Mar, 2012, 06.14 PM IST
- Union Budget 2011: FMCG stocks surge by up to 8 pc on proposed increase in I-T slab
FMCG companies today surged by upto eight per cent at Bombay Stock Exchange, on anticipation of a rise in consumer spending after the Budge...
28 Feb, 2011, 06.06 PM IST
- Budget 2011: Excise hike of 2% likely in FMCG, auto; says SMC Global Securities
SMC Global Securities Ltd, in its forecast for the 2010-11 Budget, said that service tax is expected to be hiked to 12% from the current le...
21 Feb, 2011, 12.09 PM IST
- Expert Speak: Hitesh Agrawal of Angel Broking
Investors should exit stocks of companies that are highly-leveraged or have poor cash flows. Where the rupee comes from, and goes | Investi...
17 Feb, 2009, 10.40 AM IST
- FM lifts FMCG sentiments with budget drives
By reducing excise duty across the board, the finance minister has been able to address two issues concerning the FMCG sector.
03 Mar, 2008, 02.52 AM IST