Give cash in hand to push demand: FMCG Inc
Industry bats for stimulus measures such as reduction in income tax, job creation and direct incentives for rural consumers. Research firm Nielsen said in an Oct report that overall FMCG sales growth fell from 16.2% yoy in the Sept 2018 quarter to 7.3% in the Sept 2019 quarter, with rural consumption at the slowest in seven years.
Share market update: FMCG shares trade higher; Emami gains 4%
The Nifty FMCG index was trading 0.38 per cent up at 31456.3 .
Share market update: FMCG shares trade higher; Emami rises 2%
The Nifty FMCG index was trading 0.3 per cent up at 31332.15 .
Shopping-as-a-service model to dictate consumers’ loyalty towards brands
There’s a visible shift of brands to personalization and hyper-segmentation and increasingly modern and traditional retail are joining hands. Technology and digitization was proactively adopted by the various brands as they started realizing the importance of joining the digital revolution.
Share market update: FMCG shares trade lower; Emami down 1%
The Nifty FMCG index was trading 0.41 per cent down at 31,016.90.
Decline in rural sales hits FMCG in 2019, revival likely by second half of 2020
In 2019, the FMCG industry witnessed slowdown in the rural sales, which was traditionally ahead of urban sales, and in the last two quarters it was half of the urban sales growth due to factors as liquidity crunch in those far flung markets and drop in gross domestic product (GDP) which had weakened household spending.
Consumption slump just a phase; neighbourhood shops hit hard: Mariwala
There is a need for the government to unleash both short-term and long-term reforms to reverse the slowdown, he said adding that there is no quick fix or set formula to fight the same.
FMCG, bank stocks lift Sensex to all-time high, Nifty hits 12,350
The 30-share Sensex closed 0.22 per cent or 93 points higher at 41,952.63.
FMCG, financial stocks lift Sensex 93 points, Nifty tops 12,350
CLOSING BELL: FMCG, financial stocks lift Sensex 93 points, Nifty tops 12,350; TGBL spurts 10%, YES Bank tanks 8%FMCG, financial stocks lift...
Share market update: FMCG shares trade higher; Tata Global jumps 7%
The Nifty FMCG index was trading 0.54 per cent up at 30878.6 .
Next leg of consumption story may play out on services side: Milind Karmarkar
''Whenever a company continues to grow at 24 per cent YoY, the multiple remains high.''
Share market update: FMCG shares trade higher; Tata Global rises 2%
The Nifty FMCG index was trading 0.75 per cent up at 30599.5 .
Sebi slaps Rs 5 lakh on ICICI Pru Trust, ICICI Pru AMC for not exercising due diligence
The regulator noted that investments were made in companies other than those in the FMCG industry which was against the mandate of the scheme and in violation of Sebi's rules and thereby ICICI Prudential AMC violated regulations.
Market mavens see benchmark indices rising 15% in 2020
About 31 per cent of the respondents see the Nifty trading at 12,400-12,500 by budget day.
Stock market update: FMCG stocks soar; Tata Global jumps 4%
The Nifty FMCG index was trading 0.68 per cent up at 30327.8.
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