P&G India hit by monetary policy: CFO
“Slowing growth rates in India, largely as a result of some monetary policies, have created a bit of a liquidity squeeze, which is drying up inventory through the system,” Jon Moeller, chief financial officer, P&G, told investors on Thursday. “But we continue to grow well in India and build share.”
ET Awards 2019: Not drawing up contingency plan, says HUL's Sanjiv Mehta
“We are not creating a strategy for recession now. As a business, we...
P&G to invest Rs 200 crore on environmental sustainability fund
This is in addition to its innovation sourcing fund created a year ago where ...
HUL's net sales rise by 7% in first quarter
The local unit of the Anglo-Dutch major, long considered an accurate proxy for broader consumer sentiment in India, has been facing macro-economic challenges.
IIT graduates cannot be selling detergents: Pranab Mukherjee
Speaking at the 10th edition of the Indian Management Conclave, the former President laid emphasis on the need to promote basic research in the country.
Soap opera: Eye on Future, HUL launches laundry brand after 30 years
HUL's new laundry brand launch is reminiscent of its introduction of Wheel detergent in 1988 to take on Nirma.
It's time to be wary when you cannot sell soaps, shampoos and detergents: Basant Maheshwari
Some things come expensive and you have to buy with a forecast that growth will offset the high price.
#boycottSurfexcel: Detergent brand faces backlash for ad promoting Hindu-Muslim harmony
The brand released an advertisement created around the Hindu-Muslim unity theme and instantly faced flak for the concept.
India probes cheap detergent chemical import from China
detergents following complaints from some domestic companies.
No Wheels enough to catch up with Ghari; detergent maker maintains market share
The detergent brand is now bigger than the next 3 popular brands — Wheel, Sunlight and Nirma — put together in economy segment.
FMCG companies clock slowest Q2 sales in a decade
Coca-Cola India, too, reported 4% decline in volumes for the July-September quarter, impacted by slowing discretionary spending.
Procter & Gamble names new India CEO
The 42-year old has also worked in the Cincinnati headquarters with the P&G-Walmart business team and later as the head of market, strategy and planning in India.
Too early to say if GST Sounds death knell for unorganised players: HUL
It would take a few more quarters to see market shares shift to branded products from unorganised sector, Sanjiv Mehta, managing director at HUL, said.
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Procter & Gamble appoints Nelson Peltz to board
The announcement came after Peltz last month claimed to have won a shareholder vote to add him to the board, beating out incumbent director former Ernesto Zedillo by a fraction of a percent.
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