Vivek Karve

India Inc reacts to easing of local sourcing norms in single brand retail

Finance Minister Nirmala Sitharaman on Friday presented her maiden budget and the first of the Modi Government in its second term. She announced that FDI inflows into India have remained robust despite global headwinds. “Global FDI flows slid by 13 percent...

Marico aims up to 10 pc volume growth, healthy market share gains in 5 years

Home-grown FMCG firm Marico is expecting a volume growth of 8 to 10 percent and double-digit constant currency growth in international business over the next 3 to 5 years on account of strategic investments, a top company official has...

FMCG firms slash prices to pass on GST benefits to customers

FMCG companies, including ITC, Dabur, HUL and Marico, said they have cut prices of various products to pass on the benefits of GST rate reduction to end-consumers. The companies said they will extend the price reduction to other categories, which...

FMCG companies to pass on GST benefits to consumer

Consumer product makers, including HUL and Patanjali, hailed the GST Council's decision to lower tax rates on commonly used items and said the benefits will be passed on to customers. According to a PTI report: The Council has reduced tax...

FMCG companies revise rate; extend tax benefits to customers

FMCG companies are revising prices of their products after the implementation of GST and are extending the tax benefits to the consumers under the new tax regime. According to a PTI report: The companies such as Patanjali, ITC, HUL and...

FMCG cos expect dip in inventory levels, normalcy in Q2 in the run up to GST

FMCG firms are preparing for reduced stocks in their trade channels for a couple of months as anxious dealers cut down inventory levels in the run up to GST, the new indirect tax regime, from July 1. According to a...

Marico expects to grow in double digits for next 4-5 years

FMCG firm Marico expects to grow in double digits for the next 4-5 years and is keeping options open for acquisitions in India and overseas markets to realise its ambitions. According to a PTI report: The Mumbai-based firm is betting...
- Advertisement -

Latest News

Beverly Hills Polo Club enters Dehradun

Located at Centrio Mall this is Beverly Hills Polo Club’s 12th store in the country New Delhi: Beverly Hills Polo...
- Advertisement -