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Desai Brother's Food Division

Demonetization woes: Stock accumulation, production cuts worry FMCG sector

With limited liquidity in the economy following the Government's demonetization move, the fast-moving consumer goods (FMCG) sector is resorting to production cuts due to accumulation of stock. After Rs 1,000 and Rs 500 notes were banned by the Government on...
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FMCG major Marico Q3 profit rises 5.2% to Rs 406 crore

The company had posted a net profit of Rs 386 crore in the October-December quarter a year agoNew Delhi:...
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