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FMCG companies stepped up advertising spends in H1FY14 to counter slowdown

Last Updated: Tuesday, November 19, 2013, 12:48

Major FMCG companies have raised their advertising and promotion spends in the first six months of the current fiscal.

ITC breaks below 200-day moving average on high valuations

Last Updated: Tuesday, November 5, 2013, 14:04

ITC posted on October 25 sales volume growth in the July-September quarter that disappointed investors, sparking downgrades from brokerages including Morgan Stanley.