Page 3 - Fmcg Firms

FMCG distributors warn Colgate of taking strict steps over price disparity

FMCG distributors in Maharashtra have warned Colgate Palmolive India of taking strict steps after the company failed to respond to the issue of price disparity of products between traditional and business-to-business distributors. The Fast-moving consumer goods (FMCG) distributors are seeking a level playing field from manufactures and are in protest over the price disparities between the traditional trade and business-to-business retailers such as Jiomart, Walmart, Metro Cash & Carry, Booker, ElasticRun, udaan etc. Commenting on the development, Colgate Palmolive (India) said it values the strong relationships with its distributors and is looking to address their challenges and find solutions that help grow their business. We have engaged with our distributor network and are looking to address their challenges and find solutions that help grow their business, ensuring our consumers continue to have access to their favourite and trusted brands, said a statement from Colgate ...

From biscuits to shampoos, prices of FMCG goods to rise again in January

Firms say hike needed to cover high input costs

FMCG companies prepared to tackle logistics issues amid Covid surge

ITC has been taking stock of operations and monitoring market developments

Emami embarks on distribution initiatives, rural expansion to drive growth

Kolkata-based FMCG major Emami has embarked on various distribution initiatives and rural expansion drive to boost growth in the current fiscal, its Chairman RS Agarwal said on Wednesday

Consumer goods companies continue to lose out to other sectors on bourses

Their weighting on the benchmark Nifty50 has fallen to 15%, an 11-year low

We want to be stronger before going for IPO: CavinKare's Vijayaraghavan

In a Q&A, the company CEO, in charge of the FMCG business details about pricing pressure, cartelisation issues in the raw material space and the company's roadmap, going ahead

Well-positioned to handle challenges of another Covid wave: Dabur India

Home-grown FMCG major Dabur India is looking at the future with "great optimism" but challenges from the pandemic are far from over, its Vice Chairman Mohit Burman said

FMCG market in India expands 37% in April-June quarter: Nielsen

Data shows, the modern trade channel recovered to 83 per cent of the pre-Covid levels in June

FMCG firms start seeing growth in urban India after months of Covid grief

December quarter shows improvement in sales from cities

FMCG start-ups innovate to fulfil healthy snacking appetite of kids

Several start-ups have rolled out unique healthy food products and beverages, including pre-biotic chocolates, whole grain snacks, porridges and nutty bars for toddlers and school going children

Middle, rural India driving 'strategic priorities' of FMCG firms: Nielsen

Nielsen defines middle India as urban but towns with population of 1-10 lakh, excluding rural centres and metros.

New players enter hand sanitiser biz, consolidation certain, say FMCG firms

Industry estimates are that the domestic hand sanitiser market, which, before the pandemic stood at Rs 60 crore in size, has now grown five times to touch Rs 300 crore in size

Marico Q1 net profit rises 23.17% to Rs 388 cr, revenue falls by 11.12%

Its total expenses declined 7.39 per cent to Rs 1,501 crore in Q1 FY 2020-21, compared to Rs 1,752 crore

Intermittent lockdowns in states disrupt FMCG firms' momentum, July output

FMCG players had started to re-establish their supply chains in May and gradually ramped up as markets reopened, which had created some momentum

Britannia Q1 preview: Revenue may rise up to 22% on strong volume growth

The net profit of the company is estimated to jump up to 62 per cent year-on-year (YoY) owing to lower tax rate benefit.

Marico CFO Vivek Karve resigns, Pawan Agrawal to be his successor

The board of the company in a meeting held on Thursday has accepted the resignation of Karve, who was associated with Marico from last 20 years

India Inc walking a tightrope on production first and employee safety

Unlike heavy engineering, auto and auto components, the labour requirement in fast-moving consumer goods (FMCG) companies is nevertheless less

FMCG firms bring jobs to small towns as markets show signs of revival

In contrast, auto companies and their dealers have not been that bullish with hiring, despite tractor sales increasing in May

Top headlines: RBI's one-time recast plan, monetising fiscal deficit

From the possibility of RBI's one-time recast plan to be limited, RBI likely to monetise fiscal deficit in second-half of FY21, a glance at GST's completion of 3 years tomorrow, here are the top news

FMCG players with higher dependence on one or 2 categories more vulnerable

Competitive intensity, downtrading, and demand slowdown likely to hurt performance and valuations