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Procter & Gamble's profit up 1% to Rs 91 cr in March quarter, sales down 6%; firm says lockdown impacts business operations
Business

Procter & Gamble's profit up 1% to Rs 91 cr in March quarter, sales down 6%; firm says lockdown impacts business operations

Procter & Gamble Hygiene and Health Care Ltd on Friday reported a marginal rise of 1.09 percent in net profit at Rs 91.10 crore for the March quarter 2020 as the lockdown impacted its business operations

P&G to distribute face masks, hand sanitisers to support fight against COVID-19; carries out awareness drives
Business

P&G to distribute face masks, hand sanitisers to support fight against COVID-19; carries out awareness drives

Under P&G Suraksha India, the company is extending its support to the broader community through in-kind, product and critical supplies to aid frontline and essential workers.

Johnson & Johnson’s largest India plant idle three years after completion; GST, demonetisation impacts demand
Business

Johnson & Johnson’s largest India plant idle three years after completion; GST, demonetisation impacts demand

Three years after Johnson & Johnson, the US healthcare company, completed construction of production facilities for cosmetics and baby products on the 47-acre site, they stand idle.

Merck renamed as Procter & Gamble Health following P&G's global acquisition of consumer health business
Business

Merck renamed as Procter & Gamble Health following P&G's global acquisition of consumer health business

Drug firm Merck Ltd on Tuesday said it has been renamed as Procter & Gamble Health Ltd following P&G's global acquisition of the consumer health business of Merck KGaA, Germany

GST anti-profiteering body investigates Baba Ramdev's Patanjali Ayurved, FMCG major ITC
Business

GST anti-profiteering body investigates Baba Ramdev's Patanjali Ayurved, FMCG major ITC

The DGAP indicated that Patanjali Ayurved profiteered around Rs 176 crore on various FMCG items till August 2018

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.

Procter & Gamble India clocks 15% sales growth during July-December 2018; revamped strategy yields results
Business

Procter & Gamble India clocks 15% sales growth during July-December 2018; revamped strategy yields results

Procter & Gamble had reported a 10.64 percent increase in net profit at Rs 115.56 crore for the first quarter ended 30 September, 2018.

Anna University Results 2018: April, May re-evaluation results released on aucoe.annauniv.edu
India

Anna University Results 2018: April, May re-evaluation results released on aucoe.annauniv.edu

Anna University has released the result of the Under Graduate (UG) and Post Graduate (PG) exams conducted in April and May. The students can check their result on the official websites of Anna University that is aucoe.annauniv.edu and coe1.annauniv.edu.

Kakatiya University Common Entrance Test (KUPGCET) 2018 results declared, check scores at kupgcet.com
India

Kakatiya University Common Entrance Test (KUPGCET) 2018 results declared, check scores at kupgcet.com

The entrance test results for Kakatiya University 2018 have been declared. Results can be checked at kupgcet.com

Periyar University result 2018: UG, PG exam result to be declared soon, check at periyaruniversity.ac.in
India

Periyar University result 2018: UG, PG exam result to be declared soon, check at periyaruniversity.ac.in

The Periyar University is expected to publish the result for the undergraduate and post-graduate examination today shortly on the official website – periyaruniversity.ac.in.

P&G to acquire 51.8% stake in Merck India for Rs 1,290 cr; to make tender offer to minority shareholders
Business

P&G to acquire 51.8% stake in Merck India for Rs 1,290 cr; to make tender offer to minority shareholders

As part of the deal, P&G will buy a majority stake in the German company’s Indian consumer health business, Merck Ltd, and subsequently make a mandatory tender offer to minority shareholders.

GST rates: FMCG companies gear up to pass on tax reduction benefit to consumers, outlets advertise revised prices
Business

GST rates: FMCG companies gear up to pass on tax reduction benefit to consumers, outlets advertise revised prices

While putting revised prices on the products would take some time, the companies have asked their channel partners to reduce prices in line with the steep reduction in the GST rates.

Celebrity spotting: Tiger Shroff becomes 'shiksha superhero', Parineeti Chopra meets fans
Photos

Celebrity spotting: Tiger Shroff becomes 'shiksha superhero', Parineeti Chopra meets fans

In this week's 'celeb spotting': Tiger Shroff, Huma Qureshi, Parineeti Chopra, and a fashion show

Madras University exams 2017: Under-graduate, post-graduate results declared, check at results.unom.ac.in
India

Madras University exams 2017: Under-graduate, post-graduate results declared, check at results.unom.ac.in

The University of Madras has announced results for under-graduate (UG), professional degrees and post-graduate (PG) courses.

Madras University exams 2017: Under-graduate, post-graduate results likely to be declared today, check at results.unom.ac.in
India

Madras University exams 2017: Under-graduate, post-graduate results likely to be declared today, check at results.unom.ac.in

Candidates awaiting the results can check them on the official Madras University website: results.unom.ac.in.

Bengaluru woman abducted outside her PG, incident caught on camera
India

Bengaluru woman abducted outside her PG, incident caught on camera

In an incident caught on CCTV camera, which came to light on Monday, a Manipuri woman in Bengaluru was abducted while she was standing outside her PG

P&G stops sale of 'Vicks Action 500 Extra' after govt ban
Business

P&G stops sale of 'Vicks Action 500 Extra' after govt ban

FMCG firm Procter and Gamble (P&G) has discontinued manufacture and sale of its popular brand 'Vicks Action 500 Extra' with immediate effect after the government banned fixed dose combination drugs.

 From soaps to cornflakes: Did you know Baba Ramdev is an FMCG tycoon?
Business

From soaps to cornflakes: Did you know Baba Ramdev is an FMCG tycoon?

If you want to learn about Brand success, just take a look at yoga guru Baba Ramdev. He spends nothing on advertising and marketing but has built an FMCG empire in just three years, which is now worth a whopping Rs 2,000 crore, almost half of Harsh Mariwala's Marico, which is worth about Rs 4,000 crore.

Buffett's Berkshire to buy P&G's Duracell battery unit: All you need to know
Corporate

Buffett's Berkshire to buy P&G's Duracell battery unit: All you need to know

Berkshire Hathaway Inc has agreed to acquire Procter & Gamble Co's Duracell battery unit in a complex transaction that lets Berkshire Chairman Warren Buffett buy a business he has supported for two decades and shave his company's tax bill.<br />