Sensex sheds 239 pts on selling in FMCG, auto shares

Stock markets declined for the second straight day with benchmark Sensex falling by 239 points, dragged by FMCG major ITC after British multinational BAT Plc trimmed its ownership in the......

How FMCG majors are tackling slowdown in rural demand

Nearly all FMCG companies like Marico, HUL, ITC and the rest have been indicating that the operating environment has been challenging, with drop in consumption, especially in rural areas, severe......

India's FMCG majors pledge to turn 'healthy'

Companies from Nestle and ITC to Hindustan Unilever and Patanjali have pledged to reduce use of unhealthy ingredients by five to 50 per cent A host of fast-moving consumer good majors on Tuesday......

Eveready inks JV pact with Indonesian FMCG major

To double its current turnover of Rs 13.53 billion in five years, the firm plans to generate 25 per cent of this consolidated revenue from FMCG sales. Eveready Industries India Ltd (EIIL) has......