Page 9 - Fmcgs
IBM's AI push helps consumer goods firms go digital, tide over Covid-19
The Covid-19 pandemic has spurred consumer goods firms to work with Big Blue to drive their digital transformation efforts, write Peerzada Abrar and Sai Ishwar
 "IBM's AI push helps consumer goods firms go digital, tide over Covid-19")
No global offers, but highest domestic pay up 35% in IIM-A's PGPX placement
Attracts domestic maximum earning potential (MEP) of Rs 81 lakh as against Rs 60 lakh last year
 "No global offers, but highest domestic pay up 35% in IIM-A's PGPX placement")
Consumer behaviour changing, essentials overtaking luxury items: Nestle
Like others, Nestle has also witnessed a rise in its in-home indulgence' segment of products and introduced new products under MAGGI- Cooking Made Simple' service
 "Consumer behaviour changing, essentials overtaking luxury items: Nestle")
FMCG shows highest discrepancy in background check during Apr-Jun: Report
The FMCG sector has witnessed the highest discrepancies in information provided by job aspirants during background checks in the April-June quarter, according to a report.
 "FMCG shows highest discrepancy in background check during Apr-Jun: Report")
Marking out the markets as coronavirus makes economic recovery uncertain
While coronavirus cases keep rising in India, there could be more lockdowns to contain the coronavirus as the economy sputters back to life. Devangshu Datta predicts where the markets could be headed
 "Marking out the markets as coronavirus makes economic recovery uncertain")
Investors no longer smiling as Colgate's market share worries weigh
Rise in competitive intensity could make share gains difficult
 "Investors no longer smiling as Colgate's market share worries weigh")
Nestle profit before tax marginally dips to Rs 652 crore, revenue up 1.7%
While revenue for the quarter rose, it was sluggish at Rs 3,050 crore versus Rs 3,000 crore reported a year ago
Top headlines: Mistry family in talks for funds, Google ups lending biz
Economic Affairs Secretary Tarun Bajaj says he is certain that a V-shaped economic recovery will take a year.
 "Top headlines: Mistry family in talks for funds, Google ups lending biz")
India's stock market is barometer of economic concentration: Shankar Sharma
It is not all gloom and doom. The rural economy has held up quite well and we should start appreciating it even more, says Sharma in an interview with Puneet Wadhwa
 "India's stock market is barometer of economic concentration: Shankar Sharma")
Britannia to pump in Rs 700 crore in 2.5 years, says MD Varun Berry
The domestic biscuits market is estimated to have grown between 15-17 per cent in Q1, led by in-home consumption in urban areas and migrants making their way back to the countryside.
 "Britannia to pump in Rs 700 crore in 2.5 years, says MD Varun Berry")
Rossari Biotech IPO subscribed 79.4 times, generates bids worth Rs 27K cr
Rossari is the first IPO to hit the domestic markets since a national lockdown was declared in early-March.
 "Rossari Biotech IPO subscribed 79.4 times, generates bids worth Rs 27K cr")
FMCG hits the road to recovery on rural uptick, focus on essentials
Local lockdowns in several cities remain a concern, but impact would be limited, say analysts
 "FMCG hits the road to recovery on rural uptick, focus on essentials")
July data indicates consumption may be stagnating amid Covid-19 crisis
Analysts have cut earnings estimates more sharply for consumption-oriented companies, even as many other indicators show signs of stagnation.
 "July data indicates consumption may be stagnating amid Covid-19 crisis")
Television, digital ads grow at 40% and 60% of pre-Covid levels: Experts
Media industry experts and agency heads point to a revival in TV and digital advertising in June, as big spenders such as FMCG, automobiles, and e-commerce get operations back to pre-Covid-19 levels
 "Television, digital ads grow at 40% and 60% of pre-Covid levels: Experts")
FMCG: After decade-low volume show in Q4, June qtr to see further pain
Q4 was weaker than demonetisation and GST times; Q1 could witness even more pain
 "FMCG: After decade-low volume show in Q4, June qtr to see further pain")
Breather for Hindustan Unilever: Emami asked to give 7-day notice
HUL in its application said the defendant (Emami) should give it at least seven days prior written notice before initiating any legal proceedings in any court
 "Breather for Hindustan Unilever: Emami asked to give 7-day notice")
FMCG: After decade-low volume performance in Q4, worst yet to come
Q4 was weaker than demonetisation and GST periods, and June quarter is expected to see further pain despite hopes from better rural demand
 "FMCG: After decade-low volume performance in Q4, worst yet to come")
Top headlines: CBDT, CBIC merger on cards, China dominates power sector
Government aims to cost cuts, scientists warns Covid-19 could be airborne and India's IT sector is forced to lay off employees.
 "Top headlines: CBDT, CBIC merger on cards, China dominates power sector")
Emami questions Hindustan Unilever's fairness over skin cream rebranding
Emami said it had trademark rights over the name and that it was consulting legal experts on the matter.
 "Emami questions Hindustan Unilever's fairness over skin cream rebranding")
Street not convinced with ITC post decent Q4, cigarette biz faces headwinds
FMCG, cigarette biz provide cheer, but all eyes on sustenance
 "Street not convinced with ITC post decent Q4, cigarette biz faces headwinds")
