FMCG likely to grow 9-10% in 2020: Nielsen
Nielsen said the final tranche of Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) payments, improved ease of doing business ranking to 63 from 77, expectations of budget tax measures and a steady exchange rate contribute to a stable consumption outlook.
FMCG sector to expand at 9% in FY20, growth to improve in FY21: Report
The Rs 4-lakh crore FMCG sector will close fiscal 2020 with a 9 per ce...
We are cautiously optimistic about FMCG growth this year: Nielsen's Prasun Basu
The country’s FMCG market is expected to stabilise and grow 9...
Give cash in hand to push demand: FMCG Inc
Industry bats for stimulus measures such as reduction in income tax, job creation and direct incentives for rural consumers. Research firm Nielsen said in an Oct report that overall FMCG sales growth fell from 16.2% yoy in the Sept 2018 quarter to 7.3% in the Sept 2019 quarter, with rural consumption at the slowest in seven years.
Decline in rural sales hits FMCG in 2019, revival likely by second half of 2020
In 2019, the FMCG industry witnessed slowdown in the rural sales, which was traditionally ahead of urban sales, and in the last two quarters it was half of the urban sales growth due to factors as liquidity crunch in those far flung markets and drop in gross domestic product (GDP) which had weakened household spending.
Consumption slump just a phase; neighbourhood shops hit hard: Mariwala
There is a need for the government to unleash both short-term and long-term reforms to reverse the slowdown, he said adding that there is no quick fix or set formula to fight the same.
Sebi slaps Rs 5 lakh on ICICI Pru Trust, ICICI Pru AMC for not exercising due diligence
The regulator noted that investments were made in companies other than those in the FMCG industry which was against the mandate of the scheme and in violation of Sebi's rules and thereby ICICI Prudential AMC violated regulations.
Market mavens see benchmark indices rising 15% in 2020
About 31 per cent of the respondents see the Nifty trading at 12,400-12,500 by budget day.
FMCG, bank stocks lift Sensex to all-time high, Nifty hits 12,350
The 30-share Sensex closed 0.22 per cent or 93 points higher at 41,952.63.
FMCG companies tweak sales mix in slow market
To de-tangle growth from the grip of a slowdown, fast-moving consumer goods (FMCG) companies are redefining their product and marketing strategies, depending on their stage of evolution.
Companies using tech to move Fast Moving Consumer Goods faster
FMCG companies are using technology to revamp their supply chain and distribution networks. While some technology development is taking place internally, many firms are working with startups too, writes Priyanka Sangani
September quarter sees revival in rural grocery demand
Data for September just showed a sharp recovery, even as economy is likely to have slipped further.
India GDP growth in Q2 at 4.7 per cent; FY20 forecast at 5.6 per cent: Ind-Ra
The revision, it said, became "inevitable as the high-frequency data now suggests that the agency's estimate of 2QFY20 GDP growth coming in a little higher than 5 per cent is unlikely to hold".
Mosaic Wellness raises $10 million from SAIF Partners, Matrix Partners and Sequoia
Revant Bhate, formerly with venture capital firm Kalaari Capital and Dhyanesh Shah, who was an investor at Eight Road Ventures -- Fidelity Investments’ venture arm -- Mosaic Wellness, which is currently operating in stealth mode and building a slew of digital-first consumer brands.
Sensex gains 147 points, Nifty tops 12,250 amid firm global cues
Earlier in the day, Nifty rose as much as 0.78 per cent or 95.30 points to a record high of 12,311.20.
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