Morgan Stanley
India | Tuesday, 7 October 2008

Fmcg Articles

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1. ITC Q1 net profit drops 4.4 percent on excise duty hike on cigarettes, outlook positive
India's top cigarette maker, ITC Ltd has reported 4.4 percent decline in net profit for the quarter ended June 30, 2008, attributing it to increase in excise duties on cigarettes.
07 Aug 2008
2. Dabur India to focus on business expansion, sets aside Rs.250 crore as capex
India's FMCG major, Dabur India said it has set aside Rs.250 crore as capex for the next one year for building a greenfield facility that would manufacture a range of consumer products as well as upgrading its existing facilities.
04 Aug 2008
3. FMCG sector high on confidence in FY09, to grow by 16 percent: FICCI
India's fast-moving consumer goods industry is set to grow at a faster pace in 2008-09 (FY09) than the previous year, driven by rising income and increasing consumer demand, a survey conducted by India's premier commerce and industry body, FICCI, has revealed.
21 May 2008
4. Wipro acquires Singapore FMCG firm Unza for $246 million
Azim Premji's Wipro has acquired Unza Holdings (Unza), a Singapore-based FMCG firm, in an all-cash deal worth $ 246 million (approx. Rs. 1,010 crore).
09 Jul 2007
5. India Inc. beats foreign Cos. in acquisition: ASSOCHAM
With 35 outbound deals, Indian companies have outdone their foreign counterparts when it comes to acquiring companies overseas, a study conducted by the Associated Chambers of Commerce and Industry of Indian (ASSOCHAM) has revealed.
23 May 2006
6. Dabur eyes acquisitions, to double sales by 2010
India's leading FMCG company, Dabur India, has announced that it is aiming at doubling its sales and profits by the end of fiscal 2010 and will be looking to expand both organically as well as inorganically in the time frame through a series of aggressive acquisitions, domestic as well as international.
30 Apr 2006
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