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Vivek Gambhir

Nisaba Godrej elevated as Godrej Consumer's chairman

Godrej Consumer Products Limited (GCPL) announced changes to its leadership team, effective May 10, 2017 where Nisaba Godrej, currently the executive director of the company, will become the executive chairperson. Chairman Adi Godrej will assume the chairman emeritus position...

Note ban-hit FMCG industry expects sales to pick up by 2018: GCPL

After enduring a tough year due to headwinds such as impact of demonetization particularly in rural markets, the FMCG industry expects growth to return in 2017-18, said homegrown major Godrej Consumer Products Ltd, according to a PTI report. "Our expectation...

Budget 2017: FMCG players expect the Govt to enhance rural spending, rip taxes

Government's move to enhance rural spending through welfare schemes like MGNREGA and reduction in tax rate on basic income slab would help drive demand for products, say leading FMCG firms. PTI quoted Managing Director, Godrej Consumer Products Ltd (GCPL), Vivek...

Expert Review: Retail stalwarts on how the industry fared in 2016

The year 2016 had just begun!! It's hard to believe that the year just passed by. 2016 was a milestone year in a lot many ways. Here's a look at how the retail industry fared in 2016… E-commerce took over the...

FMCG sector to recover fully from demonetization effect in this fiscal

The fast-moving consumer goods (FMCG) sector is expected to fully recover from the hit taken post-demonetization by the end of this fiscal, MD, Godrej Consumer Products Ltd (GCPL), Vivek Gambhir said on Wednesday. "We are pleasantly surprised by how things...

FMCG biggies eagerly wait for GST, call note ban temporary setback

The FMCG sector - already reeling under the impact of two slow growth years were hopeful they would turn the corner this fiscal on the back of a good monsoon and the Seventh Pay Commission handout - was delivered a...

Mergers & Acquisitions: Consolidation for growth in the beauty space

Globally, mergers and buyouts are common practices where one conglomerate has either acquired all the assets and liabilities of another company, or one has been bought over by a corporate giant purely for business growth. While in the Indian corporate scenario it has been a regular feature, in the Beauty and Wellness space, per se, it is still a relatively new concept with business houses still wanting to remain politically correct while sharing the details. Salon India reports

Rural sales of FMCG companies impacted by demonetization: GCPL

The FMCG industry, which was looking forward to good sales following a robust monsoon this year, has been impacted by demonetization, according to Godrej Consumer Products Ltd (GCPL). "Given the good monsoon this year, rural sales had begun picking up post harvest from October...

GCPL expects GST, 7th Pay commission to help increase demand

After witnessing a sluggish first half, FMCG firm Godrej Consumer Products Ltd (GCPL) expects demand to be better in the remaining period of the year with implementation of 7th Pay Commission and passing of GST likely to increase consumption. "Overall,...
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Honasa Consumer acquires cosmetic formulation brand CosmoGenesis

CosmoGenesis will exponentially increase Honasa's ability to research new trends with greater efficienciesNew Delhi: Honasa Consumer, which owns...
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