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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

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

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

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

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

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

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

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

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

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.