The industry had been hoping for more money in the hands of people through tax relief and job-creation initiatives, to revive ...
ITC still retains conglomerate characteristics, with consumer goods, its agri-business and paper division co-existing with tobacco products. Unilever is another conglomerate faced with break-up ...
FMCG giants like Nestle, ITC, Dabur, and Amul are leveraging e-commerce to expand their customer base, offering up to 30% ...
Nuvama Institutional Equities reckons a low probability of a sharp hike in cigarette tax in the upcoming budget (1 Feb-25) given a small tax hike was taken last year.
ITC Hotels, the spun-off hospitality arm of ITC, listed separately on Wednesday, commanding a market value of Rs 36,139 crore ...
The industry expects Budget 2025 to boost consumption by increasing disposable income through tax breaks and higher ...
Budget 2025 focuses on boosting consumption by providing tax breaks to the middle class—a welcome relief for the sector and ...
Niftys Realty index jumped 3.4%, while Fast Moving Consumer Goods (FMCG) and Consumer Durables indices were up about 3% each. The Nifty Auto index gained 1.9%. Benchmark Nifty ended 0.1% lower.
Analysts expect companies like Hindustan Unilever, ITC, Dabur and Nestle to directly benefit from the consumption boost.