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Demonetization woes: Stock accumulation, production cuts worry FMCG sector

With limited liquidity in the economy following the Government's demonetization move, the fast-moving consumer goods (FMCG) sector is resorting to production cuts due to accumulation of stock. After Rs 1,000 and Rs 500 notes were banned by the Government on...
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Nestle India, Dr Reddy’s to form JV for nutraceutical brands in India, other agreed territories

Dr Reddy's will license brands such as Rebalanz, Celevida, Antoxid, Kidrich-D3, Becozinc in the nutrition, and OTC ( over...
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