FMCG sector to keep growing, but at a slower pace: Nestle India chief
Suresh Narayanan says the “consumption story in India” is more positive than elsewhere.
Economic slowdown 'very worrisome', new set of reforms needed: Raghuram Rajan
Raghuram Rajan said "a fresh set of reforms" are now needed to boost the economy and growth rate.
Share market update: FMCG shares trade lower; ITC down 2%
The Nifty FMCG index was trading 0.71 per cent down at 28,632.70 around 10:44 am.
View: Tackle the factors that make India uncompetitive, long-term growth’s greatest threat
Politicians are giving no priority to restoring that competitiveness, and instead are falling back on protectionist nostrums, raising import duties on dozens of items year after year. This threatens to sink India’s long-term prospects.
We expect 9-10% full year growth for FMCG sector: Prasun Basu, Nielsen
There is a short-term slowdown happening in overall retail as well as FMCG retail.
Sensex, Nifty snap 3-day winning run; PSU bank, FMCG stocks weigh
Investors will also be closely watching Federal Reserve Chair Jerome Powell comments at Jackson Hole.
FMCG companies seek tax relief on dealer discounts to lift sales
FMCG industry has petitioned to remove GST on amount received by dealers as reimbursement against discounts.
FMCG cos’ CEOs join boards of peers for exchange of ideas
One recent example of this emerging trend is Suresh Narayanan, chairman and managing director at Nestle India, joining the board of Asian Paints.
Tempo up for temporary hiring amid slowdown blues
To aggressively push sales in festive season, ecommerce firms & FMCG cos are hiring more staffers.
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