Fmcg Major

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Denying GST input credit, tax cut benefits: Decoy or actual customers, profiteering charge is difficult to stick
Business

Denying GST input credit, tax cut benefits: Decoy or actual customers, profiteering charge is difficult to stick

Now there are reports that the GST officials are going to fan out to different stores as decoy customers, make a purchase of the product of an FMCG major suspected of profiteering.

Hindustan Unilever third quarter net profit rises 9% to Rs 1,444 cr on strong volume growth; sales up 12.42%
Business

Hindustan Unilever third quarter net profit rises 9% to Rs 1,444 cr on strong volume growth; sales up 12.42%

HUL's sales during the quarter under review stood at Rs 9,357 crore, up 12.42 percent, as against Rs 8,323 crore in the corresponding period a year ago.

Britannia opens Rs 170-cr manufacturing plant in Assam; to provide 1,000 jobs at largest greenfield facility
Business

Britannia opens Rs 170-cr manufacturing plant in Assam; to provide 1,000 jobs at largest greenfield facility

Britannia plans further expansion of its footprint in Assam by investing in a finished goods distribution centre at an investment of Rs 20 crore that will cater to the entire North Eastern market, Berry said.