GRAMMAGE
GS1 to partner retailers and brands to make a common platform, NIFR, for supply chain issuesThe forum which includes more than a dozen leading companies such as Amazon, Google, Nestle and Hindustan Unilever, will address challenges...
- HC stays NAA order to Reckitt to deposit in consumer fund Rs 63 L profiteered from Dettol handwash
Justice Rajiv Sahai Endlaw made it clear the stay would come into operation only if the pharma major deposits the amount with NAA within tw...
- Rush for gold loans seen as Indians seek refuge from slowdown
Indians may borrow more against their stash of gold as the world’s biggest lockdown raises financial stress .
- ICICI Direct maintains buy on Titan, target price Rs 1,470
The brokerage expects Titan to be a key beneficiary as India’s gold market continues to strive towards regulation and standardisation.
- Analyst Calls: V Guard, Titan, BEL, Galaxy Surfactants
JM Financial has maintained its “buy” rating on V Guard at a target price of Rs 265.
- Indians consumed less groceries but shelled out more
The average basket size in the year ended September 2018 was 222 kg while it dropped 3% to 217 kg in 2019.
- Nestle examining show-cause notice on GST benefits
"I respect the authority for the order they have passed. However, it is very unfortunate that despite all the evidence that we had provided...
- Biscuit association writes to Sitharaman; seeks lower GST on packs below Rs 100 per kg
The GST Council is scheduled to meet on 20 September to consider tax revisions on various categories including biscuits and the auto sector.
- Gold@Rs 40,000: How will it impact Titan, Muthoot stocks ahead of festivals
Titan has rallied 18 per cent year to date to trade at to Rs 1,102 on August 26.
- Why gold prices in rupee have soared to new highs
Gold is one of the five largest imported items into India. ET gives the lowdown on why prices have run up in rupee terms
- Madhu Jayanti International strengthens its packet tea business
Madhu Jayanti's Rs 55-crore packet tea business is limited to Maharashtra and Karnataka.
- Likely to make fresh representation to govt: Cos look for clarity on anti-profiteering rules
Companies are planning to make fresh representations for clear guidelines an lations to be framed on profiteering.
- Companies allowed to pass on volume benefit to consumers for GST cut
The NAA has decided to look into three yardsticks - proportionate grammage increase (volume) in products, timeline of the passing on the be...
- Delhi HC stays demand made on HUL by the National Anti-profiteering Authority
NAA, in its order last month, had penalised the maker of Dove shampoo and Lux soap for increasing grammage of their products to compensate ...
- GST authority finds HUL guilty of profiteering Rs 383 crore
The NAA while passing the order said that Rs 383.35 crore worth "benefit has been denied" by HUL to his customers.
- DGAP finds Nestle profiteered Rs 100 cr, company deposits Rs 16.58 cr in fund
An investigation by the Directorate General of Anti-Profiteering (DGAP) has found that FMCG major Nestle India indulged in profiteering of ...
- Companies stick to Rs 10 soap despite cost spike
Grammage reduction, too, is not an option in the Rs-10 pack as these come in very small sizes of 40-55 gm.
- Passing on GST cut: National Anti-Profiteering Authority may not object to higher quantities over lower prices
FMCG cos that raised the quantity of their packaged products instead of reducing prices can breathe easy as NAPA will accept higher grammag...
- Festive gold sales saw good grammage jump
Leading jewellery companies say that sales in grammage have increased by 10-45% in the festive period from the same period last year.
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