Reckitt Benckiser has now initiated a formal process to appoint Rakesh Kapoor's successor, it said in a statement.
1 min read16 Jan 2019The main beneficiaries of the new goods and services tax (GST) rates include steelmakers and some consumer goods, though personal care items including sanitary ware will be taxed at the top rate
1 min read19 May 2017The remaining two quarters may feel the brunt of the demonetisation decision, as consumers and the distribution channels adjust to the liquidity crunch
1 min read9 Dec 2016Raw material costs continued to be in their favour, as both food and non-food commodity prices remained low
1 min read9 Oct 2016The FMCG sector's sales grew 5.7% over a year ago in the March quarter, better than the 1.4% growth in the December quarter
1 min read10 Jun 2016Sri Sri Ayurveda first started selling products in 2003, but its expansion comes at a time when Patanjali Ayurved's advertising blitzkrieg has made many large multinationals uneasy
2 min read15 Mar 2016Change comes barely a year after units were integrated; local sales to grow to Rs10,000 crore by 2020, says MD Vivek Gambhir
5 min read19 Feb 2015Indian consumer companies seem to be in a better position because of the country's improving macroeconomic prospects
2 min read27 Oct 2014The fast-moving consumer goods sector's growth in the second half is expected to match the first half's rate of 7%, with rural growth pegged at 8-10%
2 min read22 Sep 2014Volume growth reverses slide that began in December 2012 quarter, although it is early to call it a recovery
1 min read24 Mar 2014The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared