Fast-moving consumer goods firm Colgate Palmolive has appointed Prabha Narasimhan, a former Hindustan Unilever (HUL) executive as the chief executive officer (CEO) and managing director for its India unit.
British consumer giant Reckitt Benckiser sought to allay the concerns of its army of sales agents in India about unfair pricing, saying it had taken steps to ensure a level playing field for distributors.
After Colgate-Palmolive did not address its issue of price disparity between traditional and business-to-business distributors, distributors in Maharashtra have warned the company they will stop selling its products.
India's household goods salesmen have threatened to disrupt supplies to mom-and-pop stores if consumer companies provide products at lower prices to Reliance Industries, according to a letter seen by Reuters.
For eight straight days, household goods salesman Vipresh Shah has failed to sell a single pack of Dettol soap to the storekeepers who have been buying from him ever since he took over his family business.