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HUL’s Q3 PAT up almost 28 pc

FMCG major Hindustan Unilever (HUL) on Wednesday reported a surge of almost 28 per cent in profit after tax (PAT) for the third quarter (Q3) ended on December 31, 2017.The company's PAT for Q3 stood at Rs 1,326 crore...

British F&B brands to explore alliance avenues at India Food Forum 2018

UK's top F&B brands would be participating in the 11th edition of India Food Forum 2018 to explore alliance avenues with prospective Indian partners offering opportunities to sign powerful deals across India.These UK brands would take part in B2B...

FMCG cos gear up to pass on tax reduction benefit to consumers

With the revised GST rates coming into force from Wednesday, FMCG majors such as Hindustan Unilever (HUL) and ITC said they are in the process of reducing prices of commonly used items to pass on the benefits to consumers. According...

FMCG companies to pass on GST benefits to consumer

Consumer product makers, including HUL and Patanjali, hailed the GST Council's decision to lower tax rates on commonly used items and said the benefits will be passed on to customers. According to a PTI report: The Council has reduced tax...

Srinivas Phatak to join HUL as CFO, Exec Director Finance

FMCG major Hindustan Unilever has announced the appointment of Srinivas Phatak as its Chief Financial Officer and Executive Director, Finance and IT. He has succeeded PB Balaji who resigned from the company in August to join Tata Motors as group...

FMCG firms expect full recovery from the pangs of implementation of GST

As the GST completes 100 days, major FMCG firms, including Dabur and Godrej Consumer, expect full recovery from the pangs of implementation of the new tax regime by the end of the third quarter with clear signs of demand...

GST has not impacted consumer offtake; price cuts to drive sales, says HUL

FMCG major Hindustan Unilever (HUL) said the new tax regime of goods and services tax (GST) has not impacted the consumer offtake and expects the price cuts undertaken by it to drive sales. "I don't think GST has impacted the...

HUL expects rural demand to revive on good monsoon

FMCG major Hindustan Unilever is expecting the rural demand to revive on good monsoon and loan waivers to farmers by some states. According to a PTI report: Besides, HUL is looking up to its trade partners to soon attain "normalcy"...

GCPL slashes soap prices by 8 per cent; extends tax benefits to consumers

Home-grown FMCG firm Godrej Consumer Products Ltd (GCPL) has slashed its soap prices by 6 to 8 per cent, extending the tax benefits to its consumers, while absorbing the hike in hair colours. According to a PTI report: The company...

GST Impact: Emami cuts hair oil prices

Kolkata-based FMCG firm Emami today said it has reduced prices of its hair oil to pass on the GST benefit to consumers. According to a PTI report: Under the new GST regime, common use products like hair oil, soaps and...
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Bata India aims expansion, to prioritise top 6 brands

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