Mamaearth parent dismisses distributors’ claim of Rs 300 crore unsold inventory as ‘misinformation’Mamaearth's parent company, Honasa Consumer, refuted claims of excessive unsold inventory, stating their total inventory is significantly l...
21 Nov, 2024, 03.39 PM IST
Delhi to shut down all units dealing in single-use plastic items from Jul 1"We have issued strict directions to manufacturers, stockists, suppliers and distributors of single-use plastic items to ensure zero invent...
21 Jun, 2022, 06.02 PM IST
Biddano to expand reach in over 50 cities, GMV crosses $100 millionBiddano, a healthcare supply chain platform, said it will expand across India to over 52 cities by year-end, trebling its reach from 15 cit...
27 Jan, 2022, 02.11 PM IST
Mentha oil prices climb on firm spot demandRaising of bets by speculators drove mentha oil prices higher in futures trade.
29 Mar, 2019, 01.17 PM IST
Pharma firms tide over GST impactPharma firms had seen their revenues negatively impacted in the first quarter due to destocking ahead of the GST implementation.
21 Nov, 2017, 12.05 PM IST
Essential drugs to be sold at non-GST price till August"Although hospital services are exempt, the outsourced services, aesthetics and outpatient pharmacies are subject to GST imposition."
02 Jul, 2017, 11.39 AM IST
Pharma companies still facing GST rollout bluesThe All India Organisation of Chemists and Druggists, which represents over 8 lakh chemists, has assured the government that supply of drug...
29 Jun, 2017, 09.07 AM IST
Consumer-facing firms selling cars, electronics will be GST-ready only by mid-JulyCentre relaxed the procedure for filing returns for the first two months of GST implementation, taking into account concerns expressed by t...
23 Jun, 2017, 01.05 AM IST
GST may not impact essential drugs stockRecently, pharma research firm, AIOCD Awacs which tracks seven lakh chemists, also said it did not foresee shortages at the consumer level.
21 Jun, 2017, 11.45 AM IST
Consumer-facing companies stare at over a month’s sales loss due to GSTCompanies with extensive wholesale channel sales and distributor stocks in consumer staples are mostly likely to be hit by this unexpected ...
17 Jun, 2017, 06.13 AM IST
Ahead of GST, drug inventories cutStockists, worried they may suffer losses on account of a possible mismatch between tax payouts and tax refunds once GST kicks in, have sta...
04 May, 2017, 11.57 AM IST
Drug ban: Pharma market to see immediate loss of Rs 1,000 croreTaking the drug industry by surprise, the health ministry, in a notification issued on March 12, prohibited the manufacture, sale and distr...
16 Mar, 2016, 12.23 PM IST
Stable crude oil price, too, to benefit India IncOne direct benefit is that the companies start benefitting from the inventory gains which reflects in the company’s net profit.
01 Feb, 2016, 06.51 AM IST
- Drug sales rise 18% in March
Retail sales of drugs in March registered the strongest monthly growth since February 2008 on the back of an aggressive pitch by companies ...
23 Apr, 2009, 01.11 AM IST
- Drug retail sales hit 14-mth high in Mar
Retail sales of drugs in March registered their strongest monthly growth since February 2008 mainly on the back of an aggressive pitch by c...
21 Apr, 2009, 09.46 AM IST
- Edible oils remain down on weak global cues; sluggish demand
Edible oils fell further in the national capital during the week under review on persistent selling by stockists, sparked by heavy losses i...
18 Oct, 2008, 01.36 PM IST
- Base metals remain weak on global cues
The wholesale prices of base metals continued to decline here today on increased selling by stockists, triggered by weakening global market...
31 May, 2008, 04.03 PM IST