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Page 2 - Consumer Goods

Tata Consumer to continue growing portfolio in pantry platforms and liquids

Krishnakumar added that when it looks at categories within foods it tries to see if those are the categories it wants to operate in

Tata Consumer to continue growing portfolio in pantry platforms and liquids
Updated On : 04 Mar 2024 | 11:22 PM IST

Reckitt's quarterly sales down after investigation into West Asia business

Some investors criticised the company's "vague" outlook for this year, as Reckitt shares slumped to their lowest point since March 2020, early in the COVID-19 pandemic

Reckitt's quarterly sales down after investigation into West Asia business
Updated On : 28 Feb 2024 | 4:27 PM IST

Consumer goods companies set for mixed sales as prices in US ease

The easing of prices came as U.S. consumer confidence increased during the quarter after months of decline, with Americans growing more optimistic about current and future business conditions

Consumer goods companies set for mixed sales as prices in US ease
Updated On : 23 Jan 2024 | 12:00 AM IST

US import prices unchanged in December after two straight monthly decreases

Since March 2022, the Fed has raised its policy rate by 525 basis points to the current 5.25%-5.50% range

US import prices unchanged in December after two straight monthly decreases
Updated On : 17 Jan 2024 | 8:07 PM IST

US conducted countervailing probe on certain Indian goods: MoS Commerce

The US has conducted countervailing investigations on certain Indian goods such as paper file folders, and common alloy aluminum sheet, Parliament was informed on Wednesday. The European Commission (EC) has also conducted a similar probe on certain graphite electrode systems, Minister of State for Commerce and Industry Anupriya Patel said in a written reply to the Lok Sabha. She said that the Indian government and the affected exporters have strongly defended the subsidy allegation against various programmes and schemes of the government, both at central and state level, in their written and oral responses during the conduct of investigations. "The products for which countervailing investigations have been conducted and a final determination of CVD (countervailing duty) has been made include Paper File Folders, Common Alloy Aluminum Sheet and Forged Steel Fluid End Blocks by US," she said. Countervailing duty is a country-specific duty imposed to safeguard the domestic industry ...

US conducted countervailing probe on certain Indian goods: MoS Commerce
Updated On : 13 Dec 2023 | 10:26 PM IST

FMCG companies expand into adjacent categories that offer high growth

The brand is already established in people's mind and these companies already have distribution in place, Rajat Wahi, partner at Deloitte India explained

FMCG companies expand into adjacent categories that offer high growth
Updated On : 06 Dec 2023 | 11:53 PM IST

'Future-ready' HUL to split beauty and personal care biz on April 1

The beauty will transition into its beauty & wellbeing and personal care businesses and both divisions will have their own executive directors

'Future-ready' HUL to split beauty and personal care biz on April 1
Updated On : 01 Dec 2023 | 10:10 PM IST

Rural market recovery boosts consumer goods sector growth to 9%: Report

Rural markets showed continued recovery during the quarter, with sales volumes rising 6.4% from 4% in the June-quarter, the market research firm NielsenIQ said.

Rural market recovery boosts consumer goods sector growth to 9%: Report
Updated On : 07 Nov 2023 | 3:10 PM IST

ITC Q2 profit rises 10.3% to Rs 4,927 crore, misses estimates as costs rise

Analysts, on average, had expected a profit of Rs 4,954 crore rupees, according to LSEG data

ITC Q2 profit rises 10.3% to Rs 4,927 crore, misses estimates as costs rise
Updated On : 19 Oct 2023 | 9:08 PM IST

Inflation a cause of worry for FMCG companies; margins could take a hit

While companies remain cautiously optimistic about demand panning out this year, a dry August has already played spoilsport for demand, especially in rural areas

Inflation a cause of worry for FMCG companies; margins could take a hit
Updated On : 25 Sep 2023 | 11:07 PM IST

Steel firms prep for festivals, see demand by auto, consumer goods sectors

Bookings by the two industries 20% higher ahead of the festive season compared to last year, says one expert

Steel firms prep for festivals, see demand by auto, consumer goods sectors
Updated On : 15 Sep 2023 | 11:52 PM IST

Why small and microcaps are rocketing

The question on everyone's mind is, will this be sustainable? The answer is not simple

Why small and microcaps are rocketing
Updated On : 11 Sep 2023 | 9:56 PM IST

From hatchbacks to holidays, consumers ready to loosen purse strings

Consumer goods firms expect 40-50% growth in premium segment; hospitality industry expects heightened activity in coming weeks

From hatchbacks to holidays, consumers ready to loosen purse strings
Updated On : 24 Aug 2023 | 11:28 PM IST

All eyes on rural recovery and volume growth in FMCG post Q1 results

Brokerages have highlighted that the second half of the year will be closely observed

All eyes on rural recovery and volume growth in FMCG post Q1 results
Updated On : 21 Aug 2023 | 10:56 PM IST

Jaiprakash Associates defaults on repayment of Rs 4,044 crore loans

Crisis-hit Jaypee Group's flagship firm Jaiprakash Associates has defaulted on loans worth Rs 4,044 crore, including principal and interest amount. In a regulatory filing on Friday, Jaiprakash Associates Ltd (JAL) informed that the company on June 30th defaulted on repayments of a principal amount of Rs 1,660 crore and interest of Rs 2,384 crore. The loans pertained to various banks, and the nature of the obligation is fund-based working capital, non-fund-based working capital, term loans and FCCB (foreign currency convertible bonds). "The total borrowing (including interest) of the company is Rs 29,477 crore, repayable by 2037, against which only Rs 4,044 crore is overdue as on June 30, 2023," JAL said. Out of the total borrowing of Rs 29,477 crore, the company said that Rs 18,319 crore will get further reduced on transfer to the proposed Special Purpose Vehicle (SPV) for which the scheme of arrangement, duly approved by all the stakeholders, is pending sanction of National Compan

Jaiprakash Associates defaults on repayment of Rs 4,044 crore loans
Updated On : 07 Jul 2023 | 6:57 PM IST

Margin pressure for consumer electrical companies to continue in Q4

Volumes key as costs rise and firms refrain from hiking prices of products

Margin pressure for consumer electrical companies to continue in Q4
Updated On : 10 Mar 2023 | 10:50 PM IST

FRAI appeals Centre to cut high taxes on daily goods to stem illicit trade

FRAI made a representation to Finance Minister Nirmala Sitharaman with an appeal to protect the interests of its 80 lakh retailers

FRAI appeals Centre to cut high taxes on daily goods to stem illicit trade
Updated On : 17 Jan 2023 | 1:27 PM IST

Rural demand for FMCG products nears positive territory in December

Overall demand from rural areas declined 0.2 per cent on a month-on-month basis in December while it was down 17 per cent in November, according to Bizom's data

Rural demand for FMCG products nears positive territory in December
Updated On : 03 Jan 2023 | 11:38 PM IST

India's consumer good shipments to Russia rise for 2nd month in Oct: Govt

During October, India exported goods worth $280 million, up 3.7 per cent as compared to a year ago, led by demand for items such as vegetables, tea, coffee, chemicals as well as iron and steel product

India's consumer good shipments to Russia rise for 2nd month in Oct: Govt
Updated On : 19 Dec 2022 | 11:56 PM IST

German company Henkel re-enters consumer segment with Schwarzkopf

German consumer goods firm Henkel, which has re-entered the consumer market in India after around a decade, is betting on the beauty segment in which it is working to build a holistic hair solutions portfolio, a company official said. With the consolidation of its consumer business at the global level, led by a successful merger of beauty care, laundry and home divisions, Henkel foresees a powerhouse of international bestsellers hitting the Indian market, said Kartik Kaushik, Country Head-Henkel Consumer Brands, India and South Asia Export. Henkel has introduced hair colourant brand Schwarzkopf in the consumer segment and also plans to launch another brand TAFT in India in the near future. "Hair colour is just the beginning of the India journey. The goal is to build a holistic hair solutions portfolio," Kaushik told PTI. According to Kaushik, there is a "bull run" for hair solution products in India and the growth trajectory is high. "The idea is to create a structured distributio

German company Henkel re-enters consumer segment with Schwarzkopf
Updated On : 18 Dec 2022 | 7:04 PM IST