PROCTER & GAMBLE PAKISTAN
US-Pakistan bromance: A Trump phase or a new reality for India and the region?
Donald Trump's focus on Pakistan is reshaping US foreign policy. This shift impacts India's standing and regional stability. Pakistan's army chief is actively seeking to please Trump.
Procter & Gamble will shut down business in Pakistan, following Shell and Pfizer exits
Procter & Gamble is discontinuing its business operations in Pakistan, including manufacturing and Gillette Pakistan, opting for a third-party distribution model. This decision follows a global restructuring and makes P&G the latest multinational to exit the country, citing economic challenges like profit-repatriation curbs and weak demand, mirroring exits by Shell and Pfizer.
IT layoffs, short summer and city slump weigh on India’s consumption
Global consumer cos are experiencing uneven growth in India, with urban markets underperforming due to softer consumer confidence and job uncertainties. Early rains impacted summer sales for beverage companies like Coca-Cola and PepsiCo. While some companies like Mondelez gained market share, others like Colgate-Palmolive are focusing on addressing urban market challenges and premium offerings.
From Laos to Brazil, Trump's tariffs leave a lot of losers. But even the winners will pay a price
Donald Trump's tariffs impacted nations globally. Some countries agreed to tariffs to access the US market. Others faced higher taxes for not complying. Brazil, Canada and Switzerland were hit hard. Lawsuits challenge Trump's authority. US consumers bear the cost through increased prices. The average US tariff has increased significantly. This impacts household budgets.
School Assembly Headlines for July 31: Top national, international, business and sports updates
Today's headlines cover significant global events, including the successful launch of the NASA-ISRO NISAR satellite and a powerful earthquake triggering tsunami warnings across the Pacific. Tensions rise between Thailand and Cambodia despite ceasefire efforts. In sports, England faces India in the final Test with key player changes, while Abhishek Sharma achieves the World No.1 T20I ranking.
Beauty and the feast
In today's newsletter, beauty e-commerce in India is set to explode over the next three or four years, following a pattern established in the US, the world's largest beauty market.
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Market Movers: World Bank cuts global growth outlook, rupee payment for Iran oil & new tax pain for MNCs
The United States and China will continue trade talks in Beijing for an unscheduled third day on Wednesday.
Emami scouting for acquisitions to expand product pipeline
Emami is scouting for acquisitions to expand its product offerings as the company enters into next phase of growth in consumer care products segment.
P&G India's MD Shantanu Khosla steps down; to be succeeded by Al Rajwani
“Khosla will most likely start a new company in the area of marketing and consulting,” said an industry official who requested not to be named.
Former P&G Executive Manoj Kumar may succeed GSK Consumer MD Ahmed
Under the new structure, Ahmed will be overseeing operations in more than 100 countries. It could not be confirmed if Ahmed would continue to operate out of GSK Consumer’s Gurgaon headquarters.
AAPstaged PM Modi must take a lesson from Mughal prince Dara Shikoh's life story
Schoolchildren across India know all about the murderous rivalry between Aurangzeb and Dara Shikoh for the Mughal throne but this play is not only about a war of succession.
Unilever offers to pay $5.4 billion to raise stake in Hindustan Unilever to 75 per cent
The parent company plans to buy over 487 million HUL shares at Rs 600 each in a public offer, to raise its holding to 75% from 52.48% at present.
HUL executives get 70-100% bonuses of annual pay as co outperforms in tough economy
Hindustan Unilever managers this year have taken home bonus payouts about three times the normal, as the company met its internal targets.
Detergent prices may rise on duty fears
Prices of detergents could go up by 10-12 % if an anti-dumping duty is imposed, as companies operate on very thin margins.
MNCs relieve expats from India posts
In an attempt to cut costs, leading MNCs have either begun calling back or cutting down on expensive expat assignments. Motivate staff | Why quit when you can fix?
Not connecting to Indian consumers
Local websites of multinationals are way behind western counterparts in terms of content and look.
You could've just bought a fake
Every time you make a purchase at your neighbourhood store, there’s a good chance that you’re picking up a counterfeit.
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