20 Jul 2017

Strong and professional news

Pidilite has set up a 24/7 phoneline to provide assistance to any of its dealers or stockists struggling with GST implementation problems. The company is forecasting 15% sales growth based on double digit volume growth and 3% price increases. ITC packaged food sales grew at 12% last year, driving non-tobacco FMCG sales above $2bn. The company is expected to use lower GST rates to cut prices and boost market share. TCS has been awarded a contract to implement an integrated technology platform for TMX, Canada’s clearing and settlement business. TCS BaNCS product will replace existing systems, subject to regulatory clearance. Kalpataru Power Transmission has won more than $100mil in new contracts, boosting its already strong order book.

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