Fmcg sector

Marico’s second-quarter revenue declined 0.4% year-on-year as volumes grew a meagre 1%. (Photo: Pradeep Gaur/Mint)

Marico falls as volume growth belies Street expectation

1 min read . 29 Oct 2019

Wipro Consumer Care and Lighting operates mainly in personal care, skincare, home care, and lighting categories. (Photo: Mint)

Wipro Consumer Care allocates ₹200 crore for its startup venture fund

1 min read . 01 Oct 2019

HUL reported a 10% volume growth in the quarter, indicating stable consumer demand. Photo: Pradeep Gaur/Mint

HUL profit rises 9% in quarter it struck the GSK deal

1 min read . 20 Jan 2019

Hindustan Unilever Ltd (HUL) has been delivering strong volume-led growth over the last few quarters, buoyed by an uptick in domestic demand and its cost-cutting measures. Photo: Mint

HUL’s Q3 revenue seen growing 9-11% as margins expand

2 min read . 17 Jan 2019

Patanjali Ayurved, promoted by Baba Ramdev, has informed the NCLT that it is still willing to match Adani Wilmar’s bid for Ruchi Soya.

Patanjali only suitor for Ruchi Soya as Adani opts out

2 min read . 16 Jan 2019

Nestle again lands in a soup over Maggi noodles

2 min read . 04 Jan 2019

On Wednesday, HUL shares rose 0.43% to ₹1,791.15 apiece, reversing a decline of as much as 2.4% on news of the GST penalty. Photo: Mint

HUL considering legal options against GST penalty order

2 min read . 26 Dec 2018

Ever since Varun Berry took over as Britannia MD in April 2014, the focus has very sharply been on introducing new products and categories. Photo: Mint

Britannia to strengthen dairy, snacks portfolios in 2019

2 min read . 25 Dec 2018

A spokesperson for Hindustan Unilever said the company was reviewing the NAA order. Photo: Mint

Hindustan Unilever fined ₹223 crore for GST profiteering

1 min read . 25 Dec 2018

HUL shares closed at an all-time high of ₹1,845.60 apiece on the BSE, valuing the FMCG firm at ₹3,99,507.51 crore. Photo: Pradeep Gaur/Mint

HUL market cap crosses ₹4 lakh crore mark for the 1st time

2 min read . 05 Dec 2018

HUL share price rose almost 5% after Hindustan Unilever announced the ₹31,700 crore acquisition of GlaxoSmithKline Consumer Healthcare. Graphic: Mint

Unilever uses pricey HUL shares to pay top dollar for GSK Consumer

2 min read . 04 Dec 2018

While the HUL-GSK merger will not be taxable, GlaxoSmithKline’s subsequent sale of its 5.7% stake in the merged entity will be. Photo: AFP

GlaxoSmithKline stake sale in GSK-HUL may attract LTCG tax

1 min read . 04 Dec 2018

The HUL-GSK merger deal will lead to dilution of Unilever Plc’s holding in Hindustan Unilever from 67.2% to 61.9%. Photo: Bloomberg

How Hindustan Unilever clinched GSK Consumer Healthcare deal

4 min read . 04 Dec 2018

The acquisition of GSK Consumer Healthcare would help Hindustan Unilever make its most ambitious foray into the health and wellness space, HUL chairman Sanjiv Mehta says. Photo: S. Kumar/Mint

Hindustan Unilever set to be India’s top foods firm with boost from Horlicks

3 min read . 04 Dec 2018

Rasna chairman Piruz Khambatta. Rasna has launched chocolate-flavoured Honey Vita and almond-flavoured Badam Vita under its health products range Native Haat.

Rasna sweetens offerings with 2 malt-based health drinks

2 min read . 30 Nov 2018

Hindustan Unilever is likely to be the vehicle for Unilever’s Horlicks acquisition from GSK Consumer. Photo: Ramesh Pathania/Mint

Why Hindustan Unilever wants a taste of Horlicks

2 min read . 29 Nov 2018

The National Anti-profiteering Authority was set up in November 2017, nearly five months after GST rollout on 1 July 2017. Photo: Priyanka Parashar/Mint

Surge in complaints against FMCG firms over GST rate cut benefits

3 min read . 27 Nov 2018

The increase in crude oil prices was a budding thorn in the side of FMCG companies. Graphic: Mint

FMCG stocks back in favour as costs beat a retreat

2 min read . 27 Nov 2018

The September quarter saw smaller FMCG companies growing at 38% versus 15% for the national firms.

Smaller FMCG firms race ahead, put bigger rivals on notice

2 min read . 26 Nov 2018

Marico uses Artificial Intelligence to seek patterns and predict behaviours. Photo: Pradeep Gaur/Mint

How Marico is using AI to enhance its business prospects

2 min read . 19 Nov 2018