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The sectoral indices of FMCG, IT, Pharma, Realty, Healthcare, Consumer Durables, Oil and Gas, Midsmall Healthcare opened in the red territory. The top gainers on NSE during the opening of the market were Maruti, Eicher Motors, Grasim, Britannia, and Divis Laboratories. The stocks of Mahindr...
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FMCG majors have replaced freebies and expenses on promotions by direct price reductions on products to attract consumers.Procter & Gamble reduced the price of its detergent Tide sachet to Rup 1/20 g sachet and that of Ariel to Rup 2/20 g sachet with the aim of increasing market share.Hind...
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FMCG, auto companies step up ad spends to revive demand Consumer and automobile companies like Nestle, Colgate-Palmolive, Godrej Consumer Products, and major carmakers are significantly increasing advertising and marketing expenditures to boost demand amid urban demand stress and softening consumer sentimen...
The Fast Moving Consumer Goods (FMCG) sector is a corner stone of the Indian economy. This sector touches every aspect of human life. The FMCG producers now realize that there is a lot of opportunity for them to enter into the rural market. The sector is excited about the rural population...