Page 23 - கோதுரேஜ் நுகர்வோர் ப்ராடக்ட்ஸ் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

fmcg sector: FMCG companies queue up before chemists to ease lockdown pain

FMCG companies queue up before chemists to ease lockdown pain Several state governments and local administrations have imposed curfews and restrictions on the movement of people and operating timings of shops as part of efforts to curb the rising number of Covid-19 cases. Synopsis Companies are resorting to minimising response time of replenishing stocks at channels including pharmacy to meet demand, which is resulting in incremental week-on-week sales. Companies selling packaged water, juices, oral care products, hand wash, face washes, chocolates and even instant noodles are accelerating supplies and distribution to chemist channels on an immediate basis, since these retailers are allowed to function through the day despite the restrictions in the wake of the new pandemic wave.

Kit katGodrej consumer productsFmcg sectorசில்லறை விற்பனையாளர்கள்கிட் கேட்கோதுரேஜ் நுகர்வோர் ப்ராடக்ட்ஸ்ஃப்ம்க்க் துறை

Parksons Packaging Limited: Warburg Pincus buys folding carton manufacturer Parksons Packaging

Synopsis Kedaara Capital has invested Rs 200 crore in the company in 2015 to buy about 25 percent stake held by another private equity firm, ChrysCapital. Getty Images Global private equity fund Warburg Pincus has acquired a majority stake in Parksons Packaging Limited, India’s largest independent folding carton manufacturer. As part of the transaction, existing private equity investors - Kedaara Capital, Olza Holdings Limited and IIFL, have fully exited their investment in Parksons and the promoters Kejriwal family has sold a partial stake, said a company statement. Ramesh Kejriwal, Siddharth Kejriwal and Chaitanya Kejriwal will continue to retain their current positions of Chairman, Managing Director and Joint Managing Director, respectively, and will drive the business going forward.

India generalSiddharth kejriwalManjushree technopackWarburg pincusRamesh kejriwalVishal mahadeviaOlza holdingsSun pharmaceuticalsParksons packagingCredit suisseAdvent internationalParksons packaging limitedOlza holdings limitedChaitanya kejriwalManaging directorJoint managing director

Hair Color Market Study Report (2021-2026), Competitive Analysis, Proposal Strategy, Potential Targets|Henkel, Kao Corporation, L Oreal, Coty, Avon Products, etc – KSU

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Indices decline after choppy trade; Nifty ends below 14,350

Indices decline after choppy trade; Nifty ends below 14,350
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India generalUnited statesBharti airtelTata elxsiWarburg pincusKameda seikaJoe bidenAlembic pharmaceuticalsTata groupMinistry of healthLabor departmentBritannia industriesPfizer incResearch indFamily welfareIndian segment

market outlook: Ahead of Market: 12 things that will decide stock action on Friday

Explore Now NEW DELHI: Nifty opened gap down on Thursday, but made a rebound from the initial hiccup and saw substantial buying. The index formed a bullish candle. The headline index formed a Piercing Pattern in the two-day candlestick pattern, which suggests a possible short-term trend reversal. Chandan Taparia of Motilal Oswal Securities said, Nifty needs to decisively hold above 14,400 level to witness a bounce towards 14,600 and 14,700 levels, while on the downside, support exists at 14,250 and 14,150 levels. The market has been going through a correction phase following increasing Covid-19 cases despite the optimism about the vaccination drive. Though the earnings outcome is expected to trigger stock-specific movements in the coming days, the broader movement in the market will depend on fall in Covid cases, said Vinod Nair, Head - Research, Geojit Financial Services.

India generalShradha infraprojectsSuvidhaa infoserveChandan tapariaVinod nairTata motorsBank rsGeojit financial servicesDow jonesBorosil renewablesPiercing patternMotilal oswal securitiesGeojit financialDow jones industrial averageNasdaq compositeReversal piercing