Marico shares soar 10%; HUL, Dabur up 6%
Marico says it witnessed an uptick in rural sentiment towards the end of the quarter.
Marico says it witnessed an uptick in rural sentiment towards the end of the quarter.
Demand trends remained sluggish during the quarter, says Dabur India
Dabur clarifies that this lawsuit does not concern any Dabur brand or product, accentuating that the company is not a party to these suits.
Amit Burman will continue to be the non-executive director of the company.
Aditya Khaitan and Amritanshu Khaitan stepped down from the board following takeover bid by the Burman family.
The pandemic has seen the 136-year-old company reboot by fast-tracking product launches, embracing automation, upping the emphasis on e-commerce, and focussing on its health portfolio.
Companies ranging from auto to garments and FMCG have joined hands to speed up the production of medical equipment such as masks, sanitisers, and ventilators.
LIC is the first and the only Indian company to feature among the top-seven in the Brand Trust Report by research firm TRA.
Sops for farmers, middle class will drive consumption, say experts.
The homegrown FMCG major benefitted from a robust performance of its domestic business.