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GlaxoSmithKline Consumer Healthcare

HUL gets Rs 963 cr Income Tax demand notice

The notice relates to the non-deduction of TDS on payment of Rs 3,045 crore to GlaxoSmithKline Consumer HealthcareNew Delhi: Leading FMCG maker HUL said that it has received a demand notice of Rs 962.75 crore from the Income Tax...

HUL expects merger with GSK Consumer Healthcare to complete in next 6-9 months

FMCG major HUL on Thursday said it expects the merger of GlaxoSmithKline Consumer Healthcare (GSKCH India) through an-all equity deal to complete in six-nine months due to pending clearances from various authorities.According to a PTI report: The company has...

HUL board approves merger with GlaxoSmithKline Consumer Healthcare

FMCG major HUL Monday said its board has approved the merger with GlaxoSmithKline Consumer Healthcare (GSKCH India) through an-all equity deal, valuing the total business of the latter at Rs 31,700 crore.The transaction is an all equity merger with...

Flipkart, Horlicks in trouble as ASCI upholds complaints against ads

Advertising sector watchdog ASCI upheld complaints against 98 misleading advertisements in October, including those of Flipkart, Air India, Bajaj Corp, AB Inbev India, GlaxoSmithKline Consumer Healthcare, Panasonic, Xiaomi Technology, Vodafone and Bharti Airtel. According to a PTI report: The Customer...

ASCI pulls HUL, GSK, others for misleading advertisements

Advertising watchdog ASCI has pulled up several companies, including Bharti Airtel, Tata Teleservices, Mahindra & Mahindra and Himalaya, for misleading advertisements in July. According to a PTI report: During the month, the Customer Complaints Council (CCC) of Advertising Standard Council...

GSK Consumer resumes operations at Nabha plant

GlaxoSmithKline Consumer Healthcare has resumed operations at its manufacturing facility at Nabha in Punjab. The company had suspended operations temporarily at factory from May 21 following disruptions by its workforce who were demanding hike in wages. "The operations at the said...

Strike hit GSK Consumer suspends Punjab plant ops

GlaxoSmithKline Consumer Healthcare has suspended operations temporarily at its factory in Nabha Patiala in Punjab effective May 21 following disruptions created by its workforce. "Due to certain disruptions created by the workforce/ flash strike... the management of the company has...

Amway bets on Nutrilite

American Direct selling company, Amway is eyeing its flagship brand Nutrilite to achieve the target of Rs 2,500 crore from sales by 2012-end in India. Said William S Pinckney, Amway India Managing Director and Chief Executive Officer, "Nutrilite...

GSK Consumer Healthcare enters Indian toothpaste market

FMCG firm GlaxoSmithkline Consumer Healthcare has forayed into the Indian oral care market through its global toothpaste brand 'Sensodyne' with plans to make it a Rs 150 crore brand in the next five years."Sensodyne will be a focused brand...

FMCG companies to see robust volume growth

Fast moving consumer goods (FMCG) companies, say analysts, may register a lower year-on-year (YoY) sales growth but higher volume growth for the quarter ending June 30. The full benefits of falling commodity prices and lower input costs should also...
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