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REDUCTION MRP SELLING
Amul cuts prices of 700 product packs, ghee to be cheaper by Rs 40/litre from Sep 22GCMMF, the owner of Amul brand, has declared a reduction in the retail prices of over 700 product packs, encompassing items like ghee, butt...
No repack: FMCG watches its wastelineConsumer goods companies are urging the government to allow the sale of existing inventory with current packaging, albeit at reduced prices...
Companies told to revise MRP of duty-waived medicinesIn an office memorandum dated February 17, the nodal agency for price regulation has also directed these companies to issue a revised price...
NPPA asks companies to cut prices of three cancer drugs post tax reliefIn a move aimed at providing relief to cancer patients, the National Pharmaceutical Pricing Authority (NPPA) has directed drug manufacturer...
Govt asks companies to cut cooking oil pricesHowever, industry executives said there is little scope for an immediate reduction in prices. Industry executives said a reduction in retai...
Mother Dairy cuts MRP of Dhara edible oils by Rs 10 per litre on global cuesLast week, the Centre directed edible oil industry bodies to advise their members to further reduce the MRP of major edible oils by Rs 8-12...
Edible oils may get cheaper by nearly 6%BV Mehta, executive director of SEA, said, "Edible oil prices are likely to go down further in the next quarter. The only caveat will be th...
Mother Dairy slashes Dhara cooking oil prices by Rs 15-20 per litre"The MRP of Dhara edible oils are being reduced by Rs 15-20 per litre across variants with immediate effect. This reduction is largely bein...
- Prices of Adani Wilmar's Fortune edible oil cut by Rs 30 per litre
Edible oil firm Adani Wilmar, which sells its products under Fortune brand, on Monday announced reduction in cooking oil prices by up to Rs...
Government expects more companies to reduce MRP of edible oilsFollowing the directive, Mother Dairy, on Thursday, reduced the prices of soyabean and rice bran oil up to Rs 14 per litre. It expects a re...
Mother Dairy slashes soyabean, rice bran oil prices by up to Rs 14 per litreThe move comes a day after the government directed edible oil firms to pass on the benefits of fall in global cooking oil prices to consume...
Philips reduces oxygen concentrator prices due to waiver in custom dutiesDaniel Mazon, vice chairman and MD at Philips India, said the company was one of the first to act on the customs benefit announced on April...
Putty manufacturing companies penalised for not passing on GST rate cut benefitThe Centre has issued directions that all such pre-packed commodities with reduced GST slab must bear revised MRP so that consumers can ava...
Government extends deadline for selling pre-gst stock with revised MRP till March 31, 2018In light of the new revision after the last GST council meeting, the deadline for pasting new stickers on packaged products was extended by...
Nestle, Godrej Consumer announce price cutsNestle said it has informed its trade partners that post announcement of reduction in GST rates, it has discounted the relevant products to...
FMCG firms slash prices post GST reductionGoods and services tax rates on as many as 178 products, including chocolates, cosmetics, detergents and air-fresheners, were reduced earli...
CBEC chief’s missive to FMCGs: Pass on benefits post GST tweak“We have reached out to over 100 companies,” CBEC chairman Vanaja Sarna told ET. “This is essentially an appeal asking them to pass on the ...
Prices of essential drugs to be cut by 3 per cent from AprilThe price drop will be in line with the change in the annual wholesale price index, which was -2.75 per cent for the January-December perio...
- Pharmas give wrong prescription, can't barter cheap drugs with policy
The government has rebuffed the pharmaceutical industry’s offer to sell medicines at half the price to the government for public distributi...
- Generics price cut may cause Rs 50-cr revenue loss for govt
The price reduction agreement for generic drugs worked out between the chemicals ministry and the pharmaceutical industry is likely to resu...