IT department orders FMCG MNCs like HUL, P&G, L'Oreal & others to pay taxes on advertising, marketing and sales promotion
IT department orders FMCG MNCs like HUL, P&G, L'Oreal & others to pay taxes on advertising, marketing and sales promotion - Economic Times
This hard line has been adopted in the latest transferpricing audit as demands have intensifed with January 31 being the last date by which these can be made.

Emami acquires Australia-based personal care company Fravin
Emami acquires Australia-based personal care company Fravin - Economic Times
Emami declined to comment on the size of the transaction but two senior industry executives close to the deal estimated it to be about Rs 40 crore.

Expect FMCG mkt to grow at 10% in CY15: Nielsen India
Expect FMCG mkt to grow at 10% in CY15: Nielsen India - Moneycontrol.com
Adrian Terron, executive director, Nielsen India expects FY15 growth to be muted, he is forecasting a 7 percent market growth in CY15 and 8-9 percent in CY16.

FMCG brands cut prices as input costs decline
Fast moving consumer goods (FMCG) companies like Hindustan Unilever and Marico have passed on benefits of lower input costs to consumers either through promotional offers or by cutting costs while

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