FMCG Current Affairs, GK & News
The Government controlled Canteen Stores Department that operates canteens of defence forces are to ban the imported items. This is applicable to all the Fast Moving Consumer Goods and Liquor, consumer durables and footwear. Highlights Out of 5,500 items sold by the Canteen Store Department, more than 420 are imported. This data was provided by ..
Category: Defence Current Affairs
While there have been several media reports about how the precarious fiscal position in Rural India has lead to a slowdown in the FMCG sector of India, causing the food giants Britannia and Parle to slash production and jobs, respectively, the reasons behind the rising fiscal distress in rural India must be understood if we ..
The hard-hitting Indian economic crisis has also taken a toll on the Biscuit makers in India. What has happened? The Indian Rural economy is in shambles and is facing a significant credit crunch which has been magnified by successive droughts and crop failures. The rural sector is one of the largest consumers of small biscuit ..
Category: Economy & Banking Current Affairs
Procter & Gamble (P&G) has appointed its company veteran David Taylor as the new CEO by replacing A G Lafley on 29 July 2015. However, A G Lafley the existing CEO who has led the P&G from 2000 will remain as the chairman of the company. The world’s largest household products maker P&G has appointed new CEO in ..
Month: Current Affairs - July, 2015
As per a survey by recruitment platform year 2014 MyHiringClub.com augurs well for job seekers as more than 8.5 lakh new jobs are expected across various sectors, including FMCG and healthcare. According to the survey based on a study conducted among more than 5,600 firms across 12 industry sectors, the forecasted number of new jobs in 2014 ..