Hitting The FMCG Jackpot
Promoters from the sector see a decent rise in their net worth despite a tough year.
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Marico shares surge 9% on solid Q4, positive outlook
The consumer goods company expects to deliver 13-15% revenue growth on the back of 8-10% domestic volume growth over the medium term.
Why Campus Activewear shares are trading higher today
The company has acquired land and building from Marico in Himachal Pradesh's Paonta Sahib in an all cash deal for ₹16.70 crore.
Return Of The FMCG Giants
How legacy FMCG companies staged a comeback in their battle with new-age brands by investing in data-led strategies, acquisitions and premium product portfolio.
B-schools need to research with industry to stay relevant: Prof. Ram Charan
Partnering with industry to do relevant research, roping in industry people as faculty as well as co-creating curriculums are ways that could enable b-schools to stay ahead of the curve.
FMCG majors cut prices 2-20% to shore up growth
FMCG companies were on a price-hike spree for the past two years. But the change in tactic is because there is a clear softening of rural demand, a big driver for FMCG revenues at 65-70%.
Entrepreneurs, not govt, will contribute to $5 trillion eco: Harsh Mariwala
The Marico founder expects entrepreneurship to have a multiplier impact on the economy in the next 10 years
Govt asks FMCG companies to cut edible oil prices; here’s how stocks react
Shares of Adani Wilmar surged as much as 2.7%, while Ruchi Soya share price gained 1.3% following the government’s directives to cut cooking oil prices by up to ₹10 per litre.
Sensex, Nifty to open flat; Adani Power, Biocon, YES Bank, NTPC, Marico shares eyed
The Sensex and the Nifty are set to open flat on Wednesday as mixed cues from global peers overshadowed a sharp fall in crude prices overnight.
Marico acquires 53.98% stake in D2C brand True Elements
Marico buys 53.98% equity stake in direct-to-consumer brand True Elements through primary infusion and secondary buyouts.
