While the input cost for consumer durables has gone up, Samsung, going against the grain, has slashed prices of refrigerators and air conditioners in an effort to capture the semi-urban and rural market. Importantly, however, other consumer durable ... The Financial Chronicle, 6 days ago
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Double whammy for consumer firms, where the top line will remain subdued due to demonetisation and margins will squeeze owing to a crude oil spike and rupee depreciation, reports Viveat Susan Pinto/Business Standard from Mumbai. IMAGE: The pressure to raise prices is growing as input prices shoot up. Photograph: PTI Photo. Demonetisation is not the only worry for consumer companies in the December quarter. Operating profit margins could come under pressure as a spike in crude oil prices and ...Rediff.com, 2 months ago
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