'Once commodity prices start going down, we will adjust down the prices or increase the quantum of volume in the packs', said Mehta
Stock market LIVE: Sectorally, auto and FMCG were the only gainers on the Nifty wherein the latter was supported by gains in HUL and Asian Paints on the back of their strong Q3 results.
Net profit up 18.6% on 10.3% rise in revenue; says near-term outlook uncertain as growth moderating, inflation high
Business Standard brings you the top headlines on Thursday
In the near-term, operating environment will continue to remain challenging, says HUL CMD
Analysts, however, expect markets to recover from here on as they have reached their key support zones.
After two straight days of bear hammering, equity markets may stabilize today. A sharp move on either side could be triggered by the earnings report card of index heavyweight Reliance Industries
Analysts expect nearly 200 basis points year-on-year fall in HUL's gross margins for the December quarter due to high commodity prices.
Mindtree dips 4% on profit booking after December quarter results; Aurobindo Pharma ends 5% down on US FDA warning letter for unit; India Cements gains 4%; hits highest level since January 2008
Distributors in Maharashtra say will they stop taking up the company's products from January 1.
After Parag Agrawal's elevation as CEO of Twitter, another India-born executive Leena Nair, has now been chosen to head a global brand Chanel. Here's a peek into Nair's journey from Kolhapur to London
The shift from coal to renewable energy sources has also resulted into savings for HUL, says the FMCG major
The S&P BSE FMCG index, which fell 1.62 per cent in intra-day trade today, has slipped 4.5 per cent in the past two trading days
Moody's upgrades outlook on Indian banking from 'negative' to 'stable'
Higher demand for discretionary products and price hike to support margins
Changes in the income-tax, likely good monsoon and the on-going above normal Rabi acreage along with higher MSPs are the key triggers analysts are betting on for the consumption revival
Both indices added nearly 9 per cent each in August, their best monthly showing since November
Eleven Sensex stocks, including RIL, Bharti Airtel, Titan Company, Bajaj Finance, Bajaj Finserv, HDFC Bank, HCL Technologies and Nestle India have gained more than 10 per cent in the last one month
In first Instagram appearance, business tycoon opens up about his journey spanning six decades
Signs of a strong corporate earnings season lifted demand for risky equities