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LIC reduces stake in Colgate-Palmolive to 2.98%

Last Updated: Thursday, January 29, 2015, 20:18

State-owned Life Insurance Corporation (LIC) has cut 2.03 percent stake in FMCG firm Colgate-Palmolive to bring down its shareholding in the company at 2.98 percent after selling 27.60 lakh shares in the open market.

Sluggish FMCG sector set to move fast on low inflation: Report

Last Updated: Tuesday, January 27, 2015, 20:17

After witnessing a muted growth in 2014, India's FMCG sector is all set for a healthy revival due to drop in inflation, a market research firm has said.

Emami acquires controlling stake in Fravin Pty Ltd, Australia

Last Updated: Thursday, January 22, 2015, 13:50

FMCG major Emami has acquired controlling stake in Australia based Fravin Pty Ltd along with it's three subsidiaries for an undisclosed sum.

Nifty reclaims 8,300-mark as IT, FMCG stocks rally

Last Updated: Monday, January 12, 2015, 21:03

A late surge in frontline stocks dominated by technology, FMCG and capital goods helped the Nifty gain 39 points and close above 8,300-level, extending its winning run to the third straight session.

Bajaj Corp Q3 up 43.8% at Rs 41.84 cr

Last Updated: Friday, January 9, 2015, 18:56

It had reported net profit of Rs 29.10 crore in the October-December quarter of 2013-14 fiscal, the company said in a BSE filing.

Godrej Consumer acquires South Africa's Frika Hair

Last Updated: Tuesday, January 6, 2015, 17:06

FMCG major Godrej Consumer Products Ltd Tuesday said it has fully acquired South Africa's hair extensions firm Frika Hair (Pty) Ltd for an undisclosed sum in order to consolidate its position in the South African market.

FMCG sees slow business in 2014; executive movements aplenty

Last Updated: Wednesday, December 24, 2014, 13:42

They are called 'Fast Moving Consumer Goods' companies, but it has turned out to be a year of slow business for the FMCG sector, even as movements were quite visible in 2014 among those at the helm of affairs.

Hindustan Unilever Q3 net profit rises 22% to Rs 1,062 crore

Last Updated: Monday, January 27, 2014, 16:03

FMCG major Hindustan Unilever Monday posted a 21.91 percent increase in net profit to Rs 1,062.31 crore in the quarter ended December 31.

Bajaj Corp forms new unit to trade skin & hair care products

Last Updated: Thursday, December 26, 2013, 15:13

FMCG firm Bajaj Corp has formed a 100 percent subsidiary Bajaj Corp International (FZE) for skin and hair care products business.

Global FMCG majors bet big on India despite slowdown

Last Updated: Wednesday, December 25, 2013, 12:16

Unilever, GlaxoSmithKline and PepsiCo made big bang announcements during the year as they decided to enhance their play in the "strategic and emerging" Indian market.

Sahara Q Shop plans to open 1,000 outlets in AP by Mar 2016

Last Updated: Tuesday, December 10, 2013, 14:16

Sahara Q Shop, the FMCG and retail company of Sahara India, today announced plans to open 1,000 exclusive brand outlets across Andhra Pradesh by March 2016 to capture the growing consumer market in the state.

Sensex falls 146 points, most in a week, amid profit booking

Last Updated: Wednesday, December 4, 2013, 17:54

The benchmark Sensex fell 146 points Wednesday, its biggest drop in more than a week, led by realty, FMCG and auto stocks as investors booked profits ahead of state election results.