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Colgate-Palmolive receives Rs 248.74 crore tax demand notice

The demand is mainly due to transfer pricing-related issuesNew Delhi: Colgate-Palmolive (India) Ltd. has received a tax demand notice of Rs 248.74 crore from the Income Tax Authority in a transfer pricing-related issue.The FMCG major said it will be...

Parle, Britannia, and Amul named as top 3 most chosen in-home FMCG brands: Report

On a global scale, the five most chosen FMCG brands are Coca Cola, Colgate, Maggi, Omo and Knorr Bengaluru: Parle Products has been recognised as the country’s most chosen in-home FMCG brand for the 12th year in a row, followed by...

Nestle India profit rises 7% to Rs 746.6 crore in June quarter

The company had posted a net profit of Rs 698.34 crore in the April-June same period a year agoNew Delhi: FMCG major Nestle India Ltd on Thursday reported an increase of 6.9 per cent in its net profit at...

Hindustan Unilever shares drop over 3% after Q1 earnings

The stock went lower by 3.33 per cent to Rs 2,674.10 on the BSE and at the NSE, it declined 3.29 per cent to Rs 2,675.10New Delhi: Shares of Hindustan Unilever Ltd (HUL) on Wednesday declined over 3 per...

HUL Q1 profit up 2.2% to Rs 2,612 crore

The company's revenue from product sales was marginally up 1.68 per cent at Rs 15,497 crore as against Rs 15,240 crore in the year-ago periodNew Delhi: FMCG major Hindustan Unilever Ltd (HUL) on Tuesday reported 2.2 per cent rise...

Dodla Dairy Q1 profit up 86% to Rs 65 crore

Total income increased to Rs 918.53 crore during April-June period of 2024-25 fiscal year from Rs 830.65 crore in the corresponding period of the previous yearNew Delhi: Dodla Dairy Ltd. on Monday reported an 86 per cent increase in...

Mother Dairy aims Rs 17,000 cr turnover in FY25 on better demand: MD

The onset of the 2024-25 fiscal has been very encouraging with most of its summer-led categories like curd, ice creams and dairy beveragesNew Delhi: Mother Dairy is targeting a 13% growth in its turnover to Rs 17,000 crore this...

Jamshyd N Godrej, Smita Crishna, others buy stake in Godrej Consumer for Rs 1,645 cr

The shares were picked up at an average price of Rs 1,443.90 apiece, taking the transaction value to Rs 1,645.01 croreNew Delhi: The families of Jamshyd Naoroji Godrej and Smita Godrej Crishna bought a 1.11% stake in Godrej Consumer...

Expects consumption uptick in FY25; power brand to drive growth: Dabur Chairman

Dabur expects an improvement in rural consumption, where it will continue to expand its footprint, while for urban markets.New Delhi: FMCG maker Dabur India is optimistic of a gradual uptick in consumption this fiscal and expects its power brands...

Tax relief for middle-class, salaried will help increase consumption patterns: Marico MD

The key expectations from the full budget of 2024-25 include a continued emphasis on rural development through investments in infrastructure and employment, bolstering agricultural activities to enhance rural income, he saidNew Delhi: Tax relief for middle-class and salaried class...

Dabur adds 2 lakh outlets to its network in FY24, highest by any FMCG player

The company has one of the largest and deepest distribution networks in the industry, covering over 7.9 million retail outlets and reaching 1,22,000 villagesNew Delhi: Home-grown firm Dabur India has added two lakh outlets in its sales network in...

Anmol Industries eyes Rs 5,000 crore turnover in next five years

Anmol Industries' products include biscuits, cookies, rusks, chocolate wafers, and cakesNew Delhi:  Packaged food firm Anmol Industries Limited on Wednesday said it aims to achieve a turnover of Rs 5,000 crore in the next five years.The company said it...

Godrej Consumer expects double-digit volume growth in domestic market in June quarter

While in Indonesia, which is GCPL’s second largest market, its business continues to  deliver strong performance with high-single digit volume growth and double-digit constant currency sales growthNew Delhi: Operating conditions in India continued to remain soft in the June...

Future group’s FMCG arm FCL defaults on payments of Rs 449.04 crore till June-end

"Total financial indebtedness of the listed entity including short-term and long-term debt" was Rs 506.87 crore as on June 30 this yearNew Delhi: Debt-ridden Future group's FMCG arm Future Consumer on Saturday said it has defaulted on payments of...

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Myntra BFF expects 1.6 fold increase in traffic over BAU

Myntra's Big Fashion Festival (BFF) sale event is set to kick off on 26 September, with early access available...
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