Stock markets settle lower in lacklustre trade

Stock markets closed marginally lower on Thursday, taking their downtrend to the fourth day running as unabated foreign fund outflows and disappointing earnings from Hindustan Unilever dented......

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......

Sensex ends 168 points down on late selling in index majors

Benchmark equity indices Sensex and Nifty pared early gains to settle lower on Wednesday due to late selling in index major Reliance Industries, ITC and HDFC Bank even as the RBI took the first......

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......