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Pricing strategies of 50 companies under NAA lens

Pricing strategies of 50 companies under NAA lens

The anti-profiteering body under the goods and services tax framework is seeking details on pricing strategies from consumer goods companies and over-the-counter (OTC) drug makers to check whether they have passed on the benefits of reduced GST rates to consumers.

ITC Q2 profit rises 12% YoY to Rs 2,955 crore, beats Street estimates

ITC Q2 profit rises 12% YoY to Rs 2,955 crore, beats Street estimates

FMCG major ITC on Friday posted 11.92 per cent year-on-year rise in profit at Rs 2,954.67 crore for the quarter ended September 30. It had posted a profit of Rs 2,639.84 crore in the corresponding quarter last year.

India’s consumption story: Why you just can’t ignore this opportunity

India’s consumption story: Why you just can’t ignore this opportunity

The economic liberalisation way back in the 1990s had opened up the market in India and set the ball rolling, leading to a number of foreign brands entering the country and creating more choices for consumers.

CESC set to be divided into 3 companies

CESC set to be divided into 3 companies

CESC set to be divided into 3 companies

FMCG landscape in India: Today and tomorrow

FMCG landscape in India: Today and tomorrow

Over the last 15 years, the advantages of scale have significantly diminished in the consumer markets space in India. Contract manufacturing, organised retail, digital penetration and sourcing transparency have allowed smaller players to set up, operate and thrive in a nimble fashion.

HUL delivers good performance in Q2: Here are 5 key takeaways

HUL delivers good performance in Q2: Here are 5 key takeaways

NEW DELHI: FMCG major Hindustan Unilever (HUL) on Friday posted 19.51 per cent year-on-year rise in net profit at Rs 1,525 crore for quarter ended September 30. The firm had posted a profit of Rs 1,276 crore in the corresponding quarter last year.