Colgate, Nestle, Dabur, Emami, HUL are all reworking their strategies and expanding their product portfolios to meet Baba Ramdev's home-grown challenge The mood at the India office of Colgate has turned upbeat. After months of losing sales to Patanjali Ayurved’s Dant Kanti, the American oral care giant seems to have found its feet. It has been pushing aggressively in the market its Colgate Neem Active Salt, which contains traditional Indian teeth cleansers neem and salt, to take on Dant ... Rediff.com, 3 weeks ago
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Markets extended gains for the fourth straight session with the Nifty hitting fresh 2016 high in intra-day trade led by private lenders. The S&P BSE Sensex ended up 259 points at 27,000. The Nifty50 ended up 84 points at 8,288, the highest closing level since October 23, 2015. In the broader market, the BSE Midcap and Smallcap indices ended up 1%-1.3% each. Market breadth ended strong with 1608 gainers and 1003 losers. "The progress of the monsoon has been good so far and the Brexit fears ...Rediff.com, 3 weeks ago
Analysts mostly prefer domestic plays beside select films with foreign exposure. Despite stocks such as Hindustan Unilever (HUL), Britannia, Havells and M&M Financial running up steeply after the Union Budget and March quarter results, they remain favourites of fund managers and brokers. The preference for these has increased after the event of Britain exiting from European Union (EU) or Brexit, as they are resilient to the likely impact of foreign exchange (forex) fluctuation on the rupee ...Rediff.com, 3 weeks ago
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